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BREAKING: Egan Jones Downgrades US From AA To AA-
Zerohedge ^
| 10-14-12
| Egan-Jones via Zerohedge
Posted on 09/14/2012 12:32:42 PM PDT by tcrlaf
click here to read article
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To: tcrlaf
Obama's lovin' it:
HOW LOW CAN WE GO, YEAH!!! BRING IT DOWN, OBAMA!!!! THIS IS 'CHANGE'!!!! AMERICA IS NO LONGER A SUPERPOWER, YEAH!!!!!! /s
To: tcrlaf
I need a tshirt that says,
“My country went 16 trillion dollars into debt and all I got was this lousy credit rating”
22
posted on
09/14/2012 12:51:49 PM PDT
by
Psycho_Bunny
("Insulting" Islam is as impossible as casting aspersions on a pile of dog crap.)
To: GlockThe Vote
OBAMA IS GOING 'SCORCHED EARTH' ON THE AMERICAN ECONOMY AND OUR FOREIGN STANDINGINTENTIONALLY leaving America in a mess that NO PRESIDENT CAN FIX.
To: tcrlaf
24
posted on
09/14/2012 12:54:50 PM PDT
by
OB1kNOb
(Vote for Paul Ryan 2012...... oh, and that other guy running on his ticket that's not Obama.)
To: tcrlaf
It is all going to design as far as Obama is concerned. His worship of hate, lies and death brings plagues.
To: tcrlaf
No report of this at cnn.com. I wonder if they plan to cover this breaking story? (Sarcasm)
To: tcrlaf
The faux Intrade bump must be a manipulation — maybe QE3 related.
27
posted on
09/14/2012 1:06:08 PM PDT
by
Gene Eric
(Demoralization is a weapon of the enemy. Don't get it, don't spread it!)
To: drewh
What a vile disgusting, destructive man Obama is.
28
posted on
09/14/2012 1:18:36 PM PDT
by
Vision
("Did I not say to you that if you would believe, you would see the glory of God?" John 11:40)
To: tcrlaf
Americans paid out sixteen trillion and found a zer0 in their accounts.
29
posted on
09/14/2012 1:30:52 PM PDT
by
no-to-illegals
(Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
To: tcrlaf
President Downgrade proves himself ever more worthy of the title.
30
posted on
09/14/2012 1:52:47 PM PDT
by
fwdude
( You cannot compromise with that which you must defeat.)
To: GeorgeWashingtonsGhost
31
posted on
09/14/2012 2:03:15 PM PDT
by
Jane Long
(Soli Deo Gloria!)
To: tcrlaf
Egan Jones defines the Fed’s quantitative easing as ‘’issuing additional currency and depressing interest rates via the purchasing of MBS...’’ Yet today the interest rate on 10-Year Treasuries rose by 6.5%.
No wonder Ben Bernanke held back from imposing QE3 for so many months. He must have surmised that there would be at least one bond-rating agency that would be honest with its clients in evaluating the U.S.’s credit-worthiness.
The fact is, the U.S. bond market is a giant, hugely overpriced tulip bulb that’s about to be bulldozed into oblivion.
To: tcrlaf
This is huge, isn’t it?
Huge enough to not be covered up by the foreign-policy events.
If the mainstream media ignores it, Romney/Ryan better keep harping on it. Ryan explains economic data better than anyone.
To: tcrlaf
34
posted on
09/14/2012 3:23:58 PM PDT
by
lowbridge
(Joe Biden: "Look, the Taliban per se is not our enemy.")
To: dfwgator
-
No -
That homo General has already ordered a gay firing squad to terminate the problemo with extreme prejudice.......
- Obama-Rigging is on the case!
-
35
posted on
09/14/2012 4:28:53 PM PDT
by
devolve
(----- ------- ------------GO_AHEAD---MAKE_MY_SPAGHETTI-------- ----------------------------)
To: drewh
So this is what he was doing when the phone rang at 3:00 AM.
To: blam
The screwing continues....
37
posted on
09/14/2012 5:44:28 PM PDT
by
FrogMom
(There is no such thing as an honest democrat!)
To: tcrlaf
38
posted on
09/14/2012 5:53:14 PM PDT
by
RedMDer
(https://support.woundedwarriorproject.org/default.aspx?tsid=93destr)
To: SoFloFreeper
39
posted on
09/14/2012 5:55:38 PM PDT
by
A CA Guy
( God Bless America, God bless and keep safe our fighting men and women.)
To: tcrlaf
The left is saying the downgrade is Bush’s fault.
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