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Translation.....As long as Obama is President, we won't make a move.

Sorry. I shouldn't draw assumptions like that. It's probably that Moody's likes the idea of a huge US debt increasing even more (which I saw earlier has already quietly occurred today in the amount of $1 Trillion). Yea, I'm sure that's it.

1 posted on 08/02/2011 4:00:17 PM PDT by Rational Thought
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To: Rational Thought

Is Moody’s rating tainted by stimulus money and in conflict of interest?


2 posted on 08/02/2011 4:03:29 PM PDT by mountainlion (I am voting for Sarah after getting screwed again by the DC Thugs.)
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To: Rational Thought

Moody’s just playin their part in the kabuki play...


3 posted on 08/02/2011 4:06:23 PM PDT by tarheelswamprat
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To: Rational Thought

Didn’t Obama have people talk to Moody’s last week , Barney Franks comes to mind


4 posted on 08/02/2011 4:07:06 PM PDT by molson209
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To: Rational Thought

US government political influence and institutional strength are no doubt part of the reason for the continued AAA rating. Assigning a negative outlook though indicates that a downgrade is coming — probably after the election year.


5 posted on 08/02/2011 4:07:30 PM PDT by Rockingham
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To: Rational Thought
Usually a credit rating is based on your ability to pay. Isn't it funny how a credit card company, when your up to your eye balls in debt, will still send you a credit card?

If the Tea Party doesn't take control of the white house in 2012, the America we grew up in will be over.

6 posted on 08/02/2011 4:10:03 PM PDT by Taggart_D
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To: Rational Thought

bump.


11 posted on 08/02/2011 5:00:04 PM PDT by ken21 (ruling class dem + rino progressives -- destroying america for 150 years.)
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To: Rational Thought

Large numbers of bond investors are listening to Moody’s and will soon show Moody’s ratings to lack any relevance.


12 posted on 08/02/2011 5:06:27 PM PDT by familyop (Rome was burned in a day--twice.)
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