Skip to comments.S&P Threatens US With Another Downgrade In As Little As 6 Months
Posted on 02/08/2012 11:58:13 AM PST by QbertEdited on 02/08/2012 12:02:55 PM PST by Admin Moderator. [history]
Will A be the new AA+? Perhaps, if the S&P follows through with its latest threat. Bloomberg reports that [Bloomberg material cannot be posted here] . . . .
(Excerpt) Read more at zerohedge.com ...
(Excerpted because of Bloomberg link in article)
Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!
Six months would be August which is too close to elections so it ain’t happening. Most likely it’ll come in December.
Like Joe Biden said, we gotta spend more money to keep from going broke! No worries! The US is too large to fail!
I really don’t mind living in a lunatic asylum. I just wish the inmates weren’t in charge.
While those idiots are watching Obama flip that one-sided penny, Obama’s got their wallets.
Depends on who they want in the white house. Maybe they will hold off till late October.....
Ya know, this might be the best he has ever said. I've heard since the late 80's that we can sustain our spending, we are going brake the following yr but we keep on truck'in. Remember the early 60's when it was stated that by 2000 the population would be so dense that we would have no space between us. How about the AIDS scare that everyone in 10 yrs would be infected. No, how can a whole world go broke? Some just have more than others. Now speaking of individual liberty then I see us as screwed.
paraphrasing John Wayne: “We’re gonna go down a lot lower in the alphabet than that, kid”.
The list, Ping
Let me know if you would like to be on or off the ping list
Let’s see dear leader blame this on Bush.
The authorized, licensed news from honest fund managers and upstanding journalists about how the evil S&P, the Fed and a lone politician are the cause of our default process is double plus good. BTW, in other authorized, licensed news, China is collapsing again today for the 1460th day. The dollar will double, and oil will fall to $35 per barrel. No domestic production or real labor are needed, because we’re running on the magic of doublespeak from fund managers and bipartisan, socialist/government-linked politicos.