Results 1 to 10 of 63
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08-06-2011 #1
- Join Date
- Sep 2007
- Location
- South Shall Rise Again
- Posts
- 599
Rating agency downgrades U.S. credit rating to AA+
Thank you, TEABAGGERS, YOU ^&^%^%^^&
You are cordially invited to toss my salad
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08-06-2011 #2
- Join Date
- Sep 2007
- Location
- South Shall Rise Again
- Posts
- 599
Re: Rating agencydowngradeS U.S. credit rating to AA+
We all got alittle bit poorer, thanks to those tea baggers.
You are cordially invited to toss my salad
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08-06-2011 #3
Re: Rating agencydowngradeS U.S. credit rating to AA+
You beat me to it. This is pathetic. For a downgraded rating, we didn't need to take on any more debt. In fact, arguments were made that there was enough money in the treasury to pay entitlement benefits, regardless of the debt ceiling. So now we're going on take on more debt we don't need at even higher interest rates than we were paying to begin with.
They shouldn't have voted to raise the ceiling at all. Many polls actually showed that a majority of Americans were against it (as was I), feeling that the downgrade was inevitable. We were right.
~BB~
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08-06-2011 #4
Re: Rating agencydowngradeS U.S. credit rating to AA+
Miss Ann Explains.....
http://www.popmodal.com/video/8696/
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08-06-2011 #5
Re: Rating agencydowngradeS U.S. credit rating to AA+
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08-06-2011 #6
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08-06-2011 #7
Re: Rating agencydowngradeS U.S. credit rating to AA+
So let's see if I have this right: the market goes through a correction one day, the next day as the U.S. credit rating is downgraded, BofA, a leading mortgage lender, loses 7%, yet the market finishes up and the U.S. Government is disputing the rating, alleging that some indicators could be as far as 'trillions' of dollars off. Did anybody else notice that this all culminated just before the weekend?
Martha Stewart, eat your heart out!
http://money.cnn.com/2011/08/05/mark....htm?hpt=hp_t2
~BB~
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08-06-2011 #8
- Join Date
- Jun 2006
- Posts
- 12
Re: Rating agencydowngradeS U.S. credit rating to AA+
putting all my usd into geoffery dollars
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08-06-2011 #9
Re: Rating agencydowngradeS U.S. credit rating to AA+
It was purely political - they are basically telling our government to stop being so dysfunctional - and to stop platforming
My official Adult Blog
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08-06-2011 #10
- Join Date
- Dec 2008
- Posts
- 74
Re: Rating agencydowngradeS U.S. credit rating to AA+
It is not a material issue. To everyone institution around the world we are already AA+. Nothing is going to change and the smart money is staying domestic. So what if cost of borrowing goes up 60bps.... life goes on. I'm just glad the S&P had some balls.
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