DETAILS [.PDF FILE] S&P downgrades U.S. credit rating for first time - The Washington Post S&P downgrades US credit rating from AAA - Yahoo! Finance FLASHBACK: 'No risk' USA will lose its top credit rating, says Treasury's Geithner... [ame=http://www.youtube.com/watch?v=XUrtfr2-3Eo]Ron Paul On The AAA Rating Downgrade To AA - YouTube[/ame] Ron Paul On The AAA Rating Downgrade To AA - YouTube Just released: [ame=http://www.youtube.com/watch?v=SgNLTb58K_Y]S & P AA+ rating on U.S. Sovereign Debt not Low Enough - YouTube[/ame] S & P AA+ rating on U.S. Sovereign Debt not Low Enough - YouTube [ame]http://www.youtube.com/watch?v=5PolNsDxUGY[/ame] Tim Geithner Was Wrong - S&P Credit Downgrade - YouTube DeMint: Geithner must go - The Hill's On The Money Senator Rand Paul Calls for Geithner to Resign | Campaign for Liberty Greenspan: “We Can Always Print Money†| Ron Paul 2012 Presidential Campaign Committee [ame=http://www.youtube.com/watch?v=-_N0Cwg5iN4]Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It - YouTube[/ame] Greenspan: US Can Pay Any Debt It Has Because It Can Print Money To Pay It - YouTube Notice Austan Goolsbee's "WTF you aren't supposed to tell people that" face.
I expected it, all that bush and obama did was make it less worse at the time which only delayed the inevitable shit storm that is coming. Yep it hasnt ended for the common man. PS- what part of the mountains you live in?
LOL Yea this is a bit silly. I knew this was coming, especially after Obama implied that if we didnt raise the debt ceiling the debt wasnt going to be paid. LOL More debt to pay debt? Good ideas abound from the government. People just cant seem to get it through their heads that Government by its very nature, can do few things properly. It seems to me, that the government does best, what is outlined in the constitution. Everything else that it has done, that wasnt in that little peice of paper, it seems to suck at immensely. It almost seems like there were some people (in 1776) that already knew this. I forget there names now..........
NYT had it right.. can you say DOUBLE-DIP? When is our government going to face the facts that its going to have to live within its means. CAP/CUT/BALANCE. Vote 3rd party, Republicans and Democrats.. in it together to destroy America.
So do you people think we should of had that good of a credit rating before? inb4 conspiracy theories trying to "prove" jews are out to destroy the US
No. Who would believe or trust Moody's, the S&P, anyone at the Fed/Treasury (aka Goldman Sachs), the White House, most of Congress, etc? Remember, lending standards are sound, the housing market is encouraging, and those mortgage backed securities are AAA rated. Of course there were a few people who have been predicting this for...well...their entire career. (see sig)