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tekhen
22nd May 2011, 01:40 PM
Moody gives the USofA a credit rating of AAA :conf:

1) When the USofA was incorporated (became a country) it has only been debt free once
2) The USofA spends 40% more than what it takes in
3) the debt is so that it cannot be paid under the current circumstances

corporations (both countries and business) have one credit rating while 'citizens' have another.

I'm not an economist but wonder what the FICO of the country would be?
* a horrendous debt to income ratio
* if the US had credit cards the credit held would be more than 30% of total credit

so an AAA rating on one hand and what I would think would be a very low FICO score.

Anybody that has some knowledge on how FICO scores are calculated want to take a stab at what the USofA's score would be?

Ponce
22nd May 2011, 02:02 PM
"Those who rules, makes the rules".........and we know who rules.

Horn
22nd May 2011, 02:18 PM
Credit to collect is the meme.

http://chrissmilitaryspot.files.wordpress.com/2007/08/n721391010_85259_50251.jpg

gunDriller
22nd May 2011, 02:21 PM
USA credit worthiness quotient = Tiger Woods Marital Fidelity Quotient,

approximately.

midnight rambler
22nd May 2011, 02:22 PM
1) When the USofA was incorporated (became a country) it has only been debt free once

Got a date on that? Can you document it?* Where in the Constitution is there a provision for government via a corporation?

*trick question

7th trump
22nd May 2011, 02:26 PM
Actually the USofA stopped being a country when the government decided to corporated.
Now instead of a country being about the people its about corporate status.

midnight rambler
22nd May 2011, 02:29 PM
Actually the USofA stopped being a country when the government decided to corporated.
Now instead of a country being about the people its about corporate status.


Did the 'government' 'decide' or did the debtholders 'decide' to incorporate?

7th trump
22nd May 2011, 02:30 PM
1) When the USofA was incorporated (became a country) it has only been debt free once

Got a date on that? Can you document it?* Where in the Constitution is there a provision for government via a corporation?

*trick question

I beleive 1871 is your date when America went insolvent.
Since then the corporation doesnt use the phrase "of America" behind "The United States" corporate name.
There is no "of America" in corporate US.
The "of America" is the Several States united.

7th trump
22nd May 2011, 02:31 PM
Actually the USofA stopped being a country when the government decided to corporated.
Now instead of a country being about the people its about corporate status.


Did the 'government' 'decide' or did the debtholders 'decide' to incorporate?

The government decided for the People to the debt holders.
All of it was engineered....of course!
Dont kid youself that the debt holders didnt have political agents in voting office capacity (making law and policy) to swing the political future of America towards the debt holders favor.

Gaillo
22nd May 2011, 04:52 PM
1) When the USofA was incorporated (became a country) it has only been debt free once

Got a date on that? Can you document it?* Where in the Constitution is there a provision for government via a corporation?

*trick question

I beleive 1871 is your date when America went insolvent.
Since then the corporation doesnt use the phrase "of America" behind "The United States" corporate name.
There is no "of America" in corporate US.
The "of America" is the Several States united.


Correct on all counts. Following the war of Northern aggression, the 14th Amendment (never properly ratified) created a new "class" of U.S. "persons" (the "U.S. Citizen") for legal jurisdictional purposes. The corporation created to control them came into being in 1871 when an act entitled "An Act to Provide a Government for the District of Columbia" was passed. This act created a corporation known as "THE UNITED STATES". Note the lack of "Of America" - that's important, as is all phrasing in legalese.

One other thing... interestingly, there is a corporation that is incorporated in Delaware under the name "UNITED STATES OF AMERICA, INC." - you can look it up here:

https://delecorp.delaware.gov/

File #2193946

The corporation was "officially" incorporated on 1989-04-19, by a group calling themselves "THE COMPANY CORPORATION" - their phone number is (302) 636-5440. I'd probably give them a call myself and inquire... and find out if they are THE corporation created in 1871 then re-incorporated - but I don't feel a particular need to attract predator drones and/or SWAT teams to my neighborhood at the moment... my Skeet skills are a bit rusty lately! :) (Not to mention the fact that I lost my shotguns, along with the rest of my firearms/ammunition recently in a horrible BBQ'ing accident! ;D)

Horn
23rd May 2011, 04:27 PM
The 14th amendment only applies to Freedmen, of which I am not.

As most have better FICO scores than I do.