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US May Lose Its 'AAA' Rating
CNBC ^
| 11/11/2008
| CNBC
Posted on 11/11/2008 7:36:09 AM PST by Red in Blue PA
The United States may be on course to lose its 'AAA' rating due to the large amount of debt it has accumulated, according to Martin Hennecke, senior manager of private clients at Tyche.
"The U.S. might really have to look at a default on the bankruptcy reorganization of the present financial system" and the bankruptcy of the government is not out of the realm of possibility, Hennecke said.
(Excerpt) Read more at cnbc.com ...
TOPICS: News/Current Events
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To: Red in Blue PA
Ha-ha! It's Hussein's problem now!
2
posted on
11/11/2008 7:37:05 AM PST
by
pnh102
(Save America - Ban Ethanol Now!)
To: Red in Blue PA
3
posted on
11/11/2008 7:38:10 AM PST
by
KoRn
To: Red in Blue PA
can the government get any more stupid?
4
posted on
11/11/2008 7:39:52 AM PST
by
dalebert
To: pnh102
We still have to live here.
5
posted on
11/11/2008 7:40:07 AM PST
by
BGHater
(The GOP, the new DNC.)
To: Red in Blue PA
won’t that make it tougher for us to borrow from other countries?
How are we going to pay for all those things like nationalized healthcare, and free college then?
6
posted on
11/11/2008 7:41:24 AM PST
by
MNDude
To: Red in Blue PA
Once the “AAA” is no more, watch for the cost of debt to rise.....not that it would matter to the folks in DC.
7
posted on
11/11/2008 7:41:33 AM PST
by
Red in Blue PA
(Little known fact: Barack Obama translated into Kenyan means "Jimmy Carter")
To: MNDude
8
posted on
11/11/2008 7:42:14 AM PST
by
Red in Blue PA
(Little known fact: Barack Obama translated into Kenyan means "Jimmy Carter")
To: Red in Blue PA
Heard on Boortz a mind-numbing figure: +$30 Trillion in total debt IIRC.
9
posted on
11/11/2008 7:43:15 AM PST
by
egannacht
To: Red in Blue PA
Last 2 years of Democratic rule in the Congress is to be blamed.
Let us start pointing to the party that is really responsible for this downfall.
To: egannacht
I think it is more like double that.
11
posted on
11/11/2008 7:44:36 AM PST
by
Red in Blue PA
(Little known fact: Barack Obama translated into Kenyan means "Jimmy Carter")
To: Red in Blue PA
FRiends... please pay off any adjustable-rate debt ASAP. This might not happen for a few years, but you do not want to be stuck if it does.
12
posted on
11/11/2008 7:45:17 AM PST
by
oblomov
To: Red in Blue PA
And if the gov actually goes bankrupt?
What really happens?
[I know...probably very stupid questions...please, no flames.]
13
posted on
11/11/2008 7:45:27 AM PST
by
Adder
(typical basicly decent bitter white person)
To: Red in Blue PA
Market is in the tank and we can thank the RAT party and the Obama machine for it. Too bad it hurts so many Americans. That's the bad part. This turd don't care.
14
posted on
11/11/2008 7:46:00 AM PST
by
Logical me
(Oh, well!!!)
Comment #15 Removed by Moderator
To: Boiling Pots
“May God D*mn George Bush forever for the tremendous damage he has caused this country.”
I agree.
To: Red in Blue PA
we can blame this mess 100% on the democRat Party Liars Club.
0bama = Abortion
17
posted on
11/11/2008 7:52:34 AM PST
by
ArrogantBustard
(Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
To: Boiling Pots
I strongly disagree with your outrageous sentiments and categorize them along side jeremiah Wright’s call for the God Damning of America.
President Bush is a good and decent leader.
18
posted on
11/11/2008 7:59:32 AM PST
by
lonestar67
(Its time to withdraw from the War on Bush-- your side is hopelessly lost in a quagmire.)
To: Red in Blue PA
To: Red in Blue PA
Who will bailout the bailouters?
20
posted on
11/11/2008 8:01:46 AM PST
by
6SJ7
(Atlas Shrugged Mode: ON)
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