Posted on 12/31/2012 8:09:11 AM PST by Biggirl
I know, carriage_hill. It’s so wrong.
Well, I’m off to watch my beloved USC (minus Matt Barkley—more cause for depression) play in the Sun Bowl. Fight on, Trojans!
There should be another downgrade in the credit market if there is no serious spending cuts. That means a AAA Bond rating, the highest, becomes less than perfect, and eventually it’s like investing in a bond from a country like Greece, ain’t no one going to do that for an investment. (You probably knew that)
Now I’m with ya, SH. (Need to refocus myself).
I thought we’d already been downgraded to AA or A status? We should be Portugal or Turkey, by now. I think we’ve passed Greece into the dumper.
Yeah, right after they raised the debt limit, after Democrats harping about losing the AAA credit rating, one of the credit rating agencies lowered the rating anyhow.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.