The Down Range Forum

Member Section => Politics & RKBA => Topic started by: tombogan03884 on August 05, 2011, 07:54:00 PM

Title: Soros must be proud of his pet president
Post by: tombogan03884 on August 05, 2011, 07:54:00 PM

http://news.yahoo.com/p-reconsidering-u-downgrade-cnbc-001207261.html

NEW YORK (Reuters) - The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday, in a dramatic reversal of fortune for the world's largest economy.

S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about growing budget deficits.

U.S. Treasuries, once undisputedly seen as the safest investment in the world, are now rated lower than bonds issued by countries such as the UK, Germany, France or Canada.

The outlook on the new U.S. credit rating is negative, S&P said in a statement, a sign that another downgrade is possible in the next 12 to 18 months.

(Reporting by Walter Brandimarte; Editing by Jan Paschal)

Title: Re: Soros must be proud of his pet president
Post by: 2HOW on August 05, 2011, 08:20:15 PM

Soros wants to destroy America by any means possible.

Title: Re: Soros must be proud of his pet president
Post by: tombogan03884 on August 05, 2011, 08:21:12 PM

Getting that POS elected seems to have been effective.

Title: Re: Soros must be proud of his pet president
Post by: Badgersmilk on August 05, 2011, 08:30:23 PM

I think they said last week that if this happened there would then be 18 countries in the world with a higher rating than us...  That's 18 potential lenders out there, and he'll be trying them all I'm sure.  :'(