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US Long-Term Rating Lowered To 'AA+' Due To Political Risks, Rising Debt Burden; Outlook Negative
Standard & Poor's ^
| August 5 2011
| S & P
Posted on 08/05/2011 6:52:37 PM PDT by NoLibZone
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To: NoLibZone
the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges BARRYSTROIKA
Here
May 19, 2008
21
posted on
08/05/2011 7:02:52 PM PDT
by
WilliamofCarmichael
(If modern America's Man on Horseback is out there, Get on the damn horse already!)
To: NoLibZone
Rats and Obama, hisself, pushed hard for raising the debt ceiling. Now S&P says "...rising debt burden..." jinxes our chance to get the rating back up.
Obama deserves impeachment for malfeasance in office---the boob has no idea how to run a country.
22
posted on
08/05/2011 7:03:02 PM PDT
by
Rudder
(The Main Stream Media is Our Enemy---get used to it.)
To: WorkerbeeCitizen
Boehner should resign in disgrace and shame. But these adulterous traitorous fools were ambushed by military and antipatriotic budget cuts and followed through. RINOs never resign in shame, they “change point of view” and side or back stab us.
Only when a liberal shames them do they resign. We know who their boss is.
23
posted on
08/05/2011 7:03:51 PM PDT
by
JudgemAll
(Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
To: NoLibZone
I bet that the White House Professors are going through their Case Study textbooks trying to find the solution.
“If you can’t make a living at it. You teach it!” —————Unknown Under grad student - 1959.
24
posted on
08/05/2011 7:03:56 PM PDT
by
TaMoDee
(GO PACK GO to Super Bowl XLVI)
To: NoLibZone
25
posted on
08/05/2011 7:04:00 PM PDT
by
vox_freedom
(America is being tested as never before in its history. May God help us.)
To: Rudder
Geitner dared say they forgot a formula in the calculation and they need to redo it so we get back to AAA. Ah, fat chance of that, like they are going to listen to him.
In other words, it’s a tacit admission of playing with formulas to look good at this point in time.
26
posted on
08/05/2011 7:05:38 PM PDT
by
JudgemAll
(Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
To: Rudder
27
posted on
08/05/2011 7:06:02 PM PDT
by
GeronL
(The Right to Life came before the Right to Happiness)
To: _a_0_0_
Bush was a lame duck since 2006 and they were in control
28
posted on
08/05/2011 7:06:55 PM PDT
by
tsowellfan
(Let's make the 2012 campaign: "The War on Error")
To: PreciousLiberty
Not unless youre shorting the stock market Monday morning...
Yea! I wonder how much George Soros will make on this move by S&P???
To: JPG
Watch them now making us guilty for not paying our taxes... I dare them call us terrorists or some other word they transformed into some biggoted N like word insult for their benefit.
30
posted on
08/05/2011 7:08:07 PM PDT
by
JudgemAll
(Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
To: NoLibZone
HEADLINE!Moodys, S&P Caved In to Ratings Pressure From Goldman, UBS Over Mortgages
'splain that, S&P.
31
posted on
08/05/2011 7:08:15 PM PDT
by
WilliamofCarmichael
(If modern America's Man on Horseback is out there, Get on the damn horse already!)
To: NoLibZone
THIS.....is Obama’s legacy right here. He owns this.
32
posted on
08/05/2011 7:09:02 PM PDT
by
austinaero
((More Bark, Less Wag))
To: WorkerbeeCitizen
Wonder how many White-House “insiders” used this information to get out before Monday?
33
posted on
08/05/2011 7:09:21 PM PDT
by
not2worry
(A credible message needs a credible messenger because charisma without character is catastrophe.)
To: PreciousLiberty
there will not be a Monday morning as we used to know it
To: NoLibZone
We also believe that the fiscal consolidation plan that Congress and the Administration agreed to this week falls short of the amount that we believe
is necessary to stabilize the general government debt burden by the middle of the decade. HERE
35
posted on
08/05/2011 7:09:24 PM PDT
by
NoLibZone
(Life as Nancy Pelosi knows & wants it, must end, Life As Nancy Knows it is to raise Debt 10% annualy)
To: _a_0_0_
"In other words, due to Obama and his Team." Which will immediately be spun around and blamed on the Tea Party by the Lame Stream Media...
36
posted on
08/05/2011 7:09:53 PM PDT
by
Mad Dawgg
(If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
To: NoLibZone
Obama, you really effed up when you signed the debt ceiling bill. It was the trajectory, stupid NOT the the ceiling. Shouldn't have signed it. You own it now. (Obama hates it when Sarah and the Tea Party are right.)
When Clinton left office, the debt to GDP ratio was 57%. When Bush left office (eight years later), the ratio was 69%. After 2.5 years of the Obama/Mugabe Rule the ratio is 97%.
Obama = EPIC FAIL.
37
posted on
08/05/2011 7:10:14 PM PDT
by
Chgogal
(WSJ, Krauthammer, Rove et. al., STFU. Thank you.)
To: KoRn
This is real bad. In one fell swoop The US has lost it’s A-List status in the world arena. There is also a monetary punishment that accompanies this. Any, and it surely wasn’t much to start with, so called budget cuts will be wiped out and then some by the raise in interest rates this loss in AAA status will bring. I don’t know what the figures will be once the dust settles but the USA is a whole lot deeper in debt as of now.
38
posted on
08/05/2011 7:10:30 PM PDT
by
Graneros
("It is no exaggeration to say that the undecided could go one way or another.")
To: NoLibZone
To: tsowellfan
Bush was a lame duck since 2006 and they were in controlumm, uhh...what was GDP growth then? Unemployment? Things that are needed to service debt, which determine creditworthiness?
It's one thing if honorable people run an enterprise that carries debt; it's another if delusional, self-hating incompetents do.
You meditate on that and have a good weekend.
40
posted on
08/05/2011 7:11:52 PM PDT
by
_a_0_0_
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