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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 07:16 AM
Original message
Fox Business News' Cavuto Says US Credit Downgrade "Welcome"
Source: Yahoo

Fox Business News' Cavuto Says US Credit Downgrade "Welcome"
ForbesBy Kenneth Rapoza | Forbes 9 hrs ago


Fox News' vice president of business news, Neil Cavuto, said during the July 27 broadcast of "Your World" that a US credit downgrade would be a good thing.

"I would welcome a downgrade. I think that will be the pain that will wake people up," Cavuto said during a one-on-one interview with Fox commentator John Stossel. Earlier in the interview, Stossel said that a downgrade would not be good for the US economy.
--snip--


Read more: http://news.yahoo.com/fox-business-news-cavuto-says-us-...



:wtf:
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Bake Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 07:20 AM
Response to Original message
1. He probably thinks beating his kids is good, too.
Nothing like a good ass-whuppin' to make them get in line!

And just in case you need this ...

:sarcasm:

Bake
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leftofcool Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 08:09 AM
Response to Reply #1
12. And his wife too.
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sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 07:23 AM
Response to Original message
2. Anything a Libertarian douche nozzle.
.... says about economics is by definition absolutely wrong.
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 07:25 AM
Response to Original message
3. You shouldn't really "WTF" this. It's Cavuto. And face facts, he's just a hateful partisan ASShole
I pretty much expect this sort of stupidity from that spectacled blob of dogshit at this point. I mean, it's not like a crash in the US economy means Neil Cavuto sells his mansion or eats dog food or anything. He'll be just fine.

Kind of the same logic of regressives wanting another terrorist attack to break "dem lib'ruls" out of their complacency. Amazing.

Just another member of the crew of regressives that hate this president and hate the Democratic party more than they love this country.
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Life Long Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 07:28 AM
Response to Original message
4. This isn't about Obama.
Cavuto needs to wake up.
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paparush Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 07:30 AM
Response to Original message
5. Ok. I'm no economist, but who wins in that scenario?
Let's follow the money on this one.

Somebody's gotta stand to make a killing.

Lenders?

Who wins when the dollar tanks?
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FailureToCommunicate Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 08:01 AM
Response to Reply #5
9. Glen Beck's GOLD buyers?
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Hassin Bin Sober Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 10:28 AM
Response to Reply #9
24. It would take THREE economic collapses to get those SUCKERS out of the hole they started in....
... due to the exorbitant fees and mark-up they paid on that gold.
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bongbong Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 10:42 AM
Response to Reply #24
26. Beck does us a favor
Adolf Beck does us a favor. He keeps his sheep buying overpriced precious metals - frequently it is sold at 3 to 5 times what you could get the exact same thing on Ebay for. Then his anti-American, hate-filled acolytes have less money to give to their other hate-filled idols like Grifter Grizzly, In-The-Closet-Perry/Graham/Mr.Bachmann/etc, and all the rest of the America-haters.
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Recursion Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 09:01 AM
Response to Reply #5
18. Anyone lending money would be better off if the prime rate went up
Anyone borrowing money would be worse off. It's basically artificial deflation. (Debtors love inflation / low interest rates; creditors love deflation / high interest rates). In a debt heavy economy high rates and deflation are the same thing, since the result is to suck liquidity out of the economy.
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Mosby Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 10:04 PM
Response to Reply #5
34. Some of the winners would be share holders of gold/silver ETFs.
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Amonester Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-30-11 12:44 AM
Response to Reply #5
37. Wait... LendeR$... mmmm... Did you say lendeR$?
Ya mean, all these previously bailed-out crooks with the taxpayers' trillion dollars?

mmmmmm.... I guess they didn't rob US enough yet?
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plumbob Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 01:22 PM
Response to Reply #5
43. Yes, interest rates generally will rise, so lenders will benefit.
Edited on Sun Jul-31-11 01:23 PM by plumbob
Holders of Treasuries will also benefit as their older low interest notes mature and are traded for higher interest ones.

Anyone who collects interest will win. Anyone who pays will lose.

The usual "panic" buys will win for a while - gold, survival stuff.

Eric Cantor will win millions, along with everyone else who has dollars short.
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tanyev Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 07:40 AM
Response to Original message
6. Careful what you wish for, Neil.
Asshat.
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wilt the stilt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 07:40 AM
Response to Original message
7. Cavuto let's lower your credit rating
That would be a good lesson for you.
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caseymoz Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 07:46 AM
Response to Original message
8. Why don't we cut his salary by a third just to keep him on his toes.


WTF does he mean wake people up? Maybe like the Great Depression really woke up the Nazis? Is he looking for that kind of right-wing wake-up call?
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Roy Rolling Donating Member (762 posts) Send PM | Profile | Ignore Fri Jul-29-11 08:05 AM
Response to Original message
10. Forest was right . . .
Edited on Fri Jul-29-11 08:09 AM by Roy Rolling
"Stupid is as stupid does"...Cavuto is a moron.

It is not "the people" that need waking up but the pundits and Republicans/Teabaggers like him that need to wake up. The numbers don't lie---tax cuts don't create jobs or increase federal revenues, they rob from both. But still, they use that line every day despite being disproven as a myth. Even George HW Bush called this theory "Voodoo Economics".

Wake up, Cavuto, your ignorance and political bias is showing.
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jberryhill Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 08:08 AM
Response to Original message
11. That's easy to understand....

"the pain that will wake people up"

In other words:

Not enough people agree with me. Therefore, they need to feel pain until they do.

Very simple.
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 08:17 AM
Response to Reply #11
13. Sure, so let's lay off a few Million workers
Great thinking Neil. Asshat.
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City Lights Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 08:23 AM
Response to Original message
14. Join the circus, Neil. Barnum and Bailey could use a guy like you.
:+
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Major Hogwash Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 08:30 AM
Response to Original message
15. Did Stossel whip out his line "Gimme a break" Ha ha ha ha ha
This reminds me of 2 little kids talking to each other in the restroom in the 4th grade talking about who can go faster on their bikes.
They're both lying to each other, trying to top the other guy's lie!!
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Recursion Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 09:00 AM
Response to Original message
16. It's another reason they hate SS, too: it makes borrowing cheaper
Having the Trust Fund buy up bonds for the past three decades made borrowing cheaper -- conservatives really hated that.
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blackspade Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 09:01 AM
Response to Original message
17. Hey Neil!
Most of us are already feeling the pain thanks to you and the rethug douchebags you shill for.

Maybe he and his rich buddies can take a huge tax hike and feel the pain like the rest of us.

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WingDinger Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 09:09 AM
Response to Original message
19. Wrote a song about it, and it goes like this
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Lucky Luciano Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 09:11 AM
Response to Original message
20. Why does Neil Cavuto hate America? nt
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Enrique Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 09:29 AM
Response to Original message
21. shock doctrine n/t
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denverbill Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 09:33 AM
Response to Original message
22. I bet this asshole is shorting the dollar.
Nice of Fox News to give him air time to pump up his position.
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 10:12 AM
Response to Original message
23. Happy Days for the GOP...greedy old pricks.
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joeglow3 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 10:38 AM
Response to Original message
25. I agree completely with him.
Too many people are quick to hate ANYTHING said by people on the other side of the aisle. Democrats should win EVERY SINGLE election, but don't because we have such a large apathetic, lazy population. Hopefully, seeing a SMALL taste of where we are heading without raising additional revenues would wake them up and get them to participate in saving our country.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Fri Jul-29-11 10:44 AM
Response to Original message
27. Deleted message
Message removed by moderator.
 
Fearless Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 11:33 AM
Response to Original message
28. Asshat.
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SoapBox Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 12:59 PM
Response to Original message
29. Well WTF?
What a jackass.

Man...and to think that we used to watch him on Nightly Business News and think that the was a smart young man.

Then he sells his soul to the Satan Murdoch and vomits shit up like in the Exorcist.

...dick.
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NickB79 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 03:57 PM
Response to Original message
30. Another Great Depression would wake people up, to the assraping the top 1% have been doing
To the other 99% of us all these years.

Look back to the 1930's. What did we as a nation do after that wake-up call? We enacted social programs and initiated intense government spending to help the less fortunate and most in need. I have a feeling that another Great Depression would end very poorly for those on the top, when the rest of us below are suffering so much.

So, Mr. Cavuto may be right, but not how he thinks he is.
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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-30-11 04:28 AM
Response to Reply #30
39. Despite all the talk to the contrary, I think we are in a depression. Maybe not as "great"
Edited on Sat Jul-30-11 04:32 AM by No Elephants
as the last one, but people are out of work for two and three years, some more, especially those who lost jobs at age 45 or 50.

If we're in "recovety," I'd rather be ill.
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florida08 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 06:15 PM
Response to Original message
31. sadistic cretin
ahh but wait till the goppers are thrown so far from Washington along with Murdoch being hurt so bad his stock plummets..what will Cavuto be singing then..
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sakabatou Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 06:35 PM
Response to Original message
32. WTF indeed
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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-29-11 09:45 PM
Response to Original message
33. The French Revolution was rather painful, especially for the rich elites
This guy better think twice about "pain waking people up". You never know how that pain will get spread around.
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-30-11 07:50 PM
Response to Reply #33
40. At least it was quick
Beats starving to death.
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-30-11 12:10 AM
Response to Original message
35. Neil Cavuto is a fucking idiot.
The fact that he is VP of business news, means his 3 braincells gave him an advantage over his 'peers' at Foxnews.
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Amonester Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-30-11 12:38 AM
Response to Original message
36. Oh... cavuto mafioso...
So cavuto mafioso wants his bunch of bailed-out crooks to make a 'neo' killing on the backs of their most vulnerable victims.

How sweet. :puke:

Tell me why that mafioso cavuto is allowed to plot against the good of the people on teevee, mmmm?
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Major Hogwash Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-30-11 03:50 AM
Response to Original message
38. This is the stupidest thing Cavuto has ever said, and that is really saying a lot.
Because that moron has a long history of spouting stupid statements.
He wouldn't be on the Faux Snooze Bidness channel if he didn't!!
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 12:25 PM
Response to Reply #38
41. Just wait.
It's not over yet. Cavuto still has time for a Duzy.
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Major Hogwash Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 12:56 PM
Response to Reply #41
42. No kidding. There's no limit to the amount of Acts that Cavuto can stage on his own show.
And the number of completely inane stupid comments he can make in Act II "The Wrath of Con".

Sort of like the Star Trek movie sequel, except more obtuse with even hammier acting by Cavuto than Shatner.
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