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German Rating Agency Feri Downgrades US Government Bonds: AAA to AA!
Zero Hedge ^ | June 10, 2011

Posted on 06/10/2011 5:20:02 AM PDT by Zakeet

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To: Zakeet
We elected one nasty communist sleazebag to the Presidency.

Then Democrats handed him the check book and credit card.

The rest is History.

41 posted on 06/10/2011 11:34:53 AM PDT by PA-RIVER
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To: Meet the New Boss
"We’ll be selling Alaska back to the Russians and our continental shelf to the ChiComs."

No we won't. We will default.

It's as certain as the day is long.

42 posted on 06/10/2011 11:39:09 AM PDT by Mariner (War Criminal #18)
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To: NVDave
I hereby dub the Depression the “Black Plague of Prince Obama”.
43 posted on 06/10/2011 11:42:54 AM PDT by PA-RIVER
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To: Zakeet

Even a AA rating is too high for us now. Under Obama, we are in JUNK BOND territory!


44 posted on 06/10/2011 11:43:36 AM PDT by 2harddrive
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To: kittymyrib

you didn’t hear...the sold short-term us bonds...they only have long-term bonds. They’re very smart.


45 posted on 06/10/2011 11:43:36 AM PDT by Rick_Michael (Have no fear "President Government" is here)
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To: GlockThe Vote
I really loathe this admn like you can’t believe.

Having a large amount of my net worth tied up in a 401K and watching the DJIA plummet today you can bet that I can really believe how much you loathe this administration.

46 posted on 06/10/2011 11:47:06 AM PDT by Pontiac
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To: Mariner

Soon we will need to chop down every tree on the planet to print more money.

Maybe thats the new Green Technology Obama was talking about.


47 posted on 06/10/2011 11:47:20 AM PDT by PA-RIVER
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To: Zakeet
Hold on tight. This ride's about to get a whole lot more interesting...


48 posted on 06/10/2011 11:47:27 AM PDT by Joe 6-pack (Que me amat, amet et canem meum)
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To: mikrofon

“Ich bin ein Bondlowerer”

LOL. Well said, JFK is rolling in his grave.


49 posted on 06/10/2011 11:48:17 AM PDT by Graneros (I want to go peacefully like my Dad did, in his sleep -- not screaming, like his passengers.)
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To: palmer

“Each bond can be redeemed for a jelly-filled donut.”

I don’t know, I think you may have to pay extra for the jelly and the donut. You know what that leaves you with.


50 posted on 06/10/2011 11:51:11 AM PDT by Graneros (I want to go peacefully like my Dad did, in his sleep -- not screaming, like his passengers.)
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To: Zakeet; SeekAndFind

This helps put QE2 and Treasury yields into perspective:

http://macromon.files.wordpress.com/2011/06/flowoffunds_treasury-flows_1.jpg

QE2 ends this month.


51 posted on 06/10/2011 12:06:08 PM PDT by NVDave
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To: Zakeet
and so it begins...
52 posted on 06/10/2011 2:44:51 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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