Free Republic
Browse · Search
News/Activism
Topics · Post Article

Uh-huh . . . and what happened last time? The debt ceiling got raised and the rating agencies cut the USA’s credit rating from AAA+ to AAA anyway. Spare us the propaganda, liberal media; many of us have learned from history.
1 posted on 01/15/2013 11:58:56 PM PST by Olog-hai
[ Post Reply | Private Reply | View Replies ]


To: Olog-hai

All the Fitch people worry about is gov’t squabbling and inability to cut the deficit. They don’t appear to worry about US defaulting. The only ones mentioning that are Obama, Bernanke, and the MSM.

That’s because it’s pure deception and a fake argument. The US won’t default, as tax receipts still come in and debts are serviced. If there was any danger of that, the ratings agencies would be talking about “A” ratings now.


2 posted on 01/16/2013 2:27:59 AM PST by ReaganGeneration2
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson