Could it get any worse for Obama & Left-S&P cuts Fannie and Freddie credit rating

[Neotrotsky]

S&P cuts Fannie and Freddie credit rating

Following its downgrade of U.S. debt, Standard and Poor's has now dowgraded mortgage giants Fannie Mae and Freddie Mac, because of "their direct reliance on the U.S. government."

Here's the agency's press release explaining their actions:
Ratings On Select GREs And FDIC- And NCUA-Guaranteed Debt Lowered After Sovereign Downgrade
On Aug. 5, 2011, Standard & Poor's lowered its long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA'.
As a result, we have also lowered the long-term issuer credit ratings and related issue ratings on select government-related entities (GREs) to 'AA+' from 'AAA'.
The issuer credit ratings of these financial institutions and their relevant debt issues are removed from CreditWatch, where they were placed July 15, 2011.
The outlooks for all 12 FHLBs, and the issue level ratings for Fannie Mae, Freddie Mac, the FHLB System, and the Farm Credit System are negative.
​

 

[Remodeling Maidiac]

S&P cuts Fannie and Freddie credit rating

Following its downgrade of U.S. debt, Standard and Poor's has now dowgraded mortgage giants Fannie Mae and Freddie Mac, because of "their direct reliance on the U.S. government."

Here's the agency's press release explaining their actions:
Ratings On Select GREs And FDIC- And NCUA-Guaranteed Debt Lowered After Sovereign Downgrade
On Aug. 5, 2011, Standard & Poor's lowered its long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA'.
As a result, we have also lowered the long-term issuer credit ratings and related issue ratings on select government-related entities (GREs) to 'AA+' from 'AAA'.
The issuer credit ratings of these financial institutions and their relevant debt issues are removed from CreditWatch, where they were placed July 15, 2011.
The outlooks for all 12 FHLBs, and the issue level ratings for Fannie Mae, Freddie Mac, the FHLB System, and the Farm Credit System are negative.
​

This downgrade should have happened a year or two ago. I bet Mr Frank is really fuming now. That little twerp should be downgraded next.

 

[Neotrotsky]

[ame=http://www.youtube.com/watch?v=LPSDnGMzIdo]‪Democrats were WARNED of Financial crisis and did NOTHING‬‏ - YouTube[/ame]

 

[uscitizen]

Ahh the S&P just asserting it's control over our govt yet again.
It is clearly too big to fail.

 

[Full-Auto]

S&P cuts Fannie and Freddie credit rating

Following its downgrade of U.S. debt, Standard and Poor's has now dowgraded mortgage giants Fannie Mae and Freddie Mac, because of "their direct reliance on the U.S. government."

Here's the agency's press release explaining their actions:
Ratings On Select GREs And FDIC- And NCUA-Guaranteed Debt Lowered After Sovereign Downgrade
On Aug. 5, 2011, Standard & Poor's lowered its long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA'.
As a result, we have also lowered the long-term issuer credit ratings and related issue ratings on select government-related entities (GREs) to 'AA+' from 'AAA'.
The issuer credit ratings of these financial institutions and their relevant debt issues are removed from CreditWatch, where they were placed July 15, 2011.
The outlooks for all 12 FHLBs, and the issue level ratings for Fannie Mae, Freddie Mac, the FHLB System, and the Farm Credit System are negative.
​

This downgrade should have happened a year or two ago. I bet Mr Frank is really fuming now. That little twerp should be downgraded next.

What about Waxman? I smell an investigation.

 

[Neotrotsky]

The S&P are racists

straight up....

 

[Full-Auto]

The S&P are racists

straight up....

The very nerve of downgrading the president.

It is clearly as you describe.

 

[Remodeling Maidiac]

S&P cuts Fannie and Freddie credit rating

Following its downgrade of U.S. debt, Standard and Poor's has now dowgraded mortgage giants Fannie Mae and Freddie Mac, because of "their direct reliance on the U.S. government."

Here's the agency's press release explaining their actions:
Ratings On Select GREs And FDIC- And NCUA-Guaranteed Debt Lowered After Sovereign Downgrade
On Aug. 5, 2011, Standard & Poor's lowered its long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA'.
As a result, we have also lowered the long-term issuer credit ratings and related issue ratings on select government-related entities (GREs) to 'AA+' from 'AAA'.
The issuer credit ratings of these financial institutions and their relevant debt issues are removed from CreditWatch, where they were placed July 15, 2011.
The outlooks for all 12 FHLBs, and the issue level ratings for Fannie Mae, Freddie Mac, the FHLB System, and the Farm Credit System are negative.
​

This downgrade should have happened a year or two ago. I bet Mr Frank is really fuming now. That little twerp should be downgraded next.

Barney Speaks:

Barney Blames Military

They Left is pulling out all their cards now- they must be desperate

WASHINGTON (AP) -- The senior Democrat on the House Financial Services Committee says the biggest reason the United States is seeing its credit downgraded is that it spends too much money being "the military policemen of the world."

Rep. Barney Frank tells CBS's "The Early Show" that reining in defense spending is "going to be my mantra" for the next few months.

​

Too bad his biggest mantra wasn't performing his jobs years ago when F&F were on the verge of causing this disaster to begin with.

 

[Neotrotsky]

S&P cuts Fannie and Freddie credit rating

Following its downgrade of U.S. debt, Standard and Poor's has now dowgraded mortgage giants Fannie Mae and Freddie Mac, because of "their direct reliance on the U.S. government."

Here's the agency's press release explaining their actions:
Ratings On Select GREs And FDIC- And NCUA-Guaranteed Debt Lowered After Sovereign Downgrade
On Aug. 5, 2011, Standard & Poor's lowered its long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA'.
As a result, we have also lowered the long-term issuer credit ratings and related issue ratings on select government-related entities (GREs) to 'AA+' from 'AAA'.
The issuer credit ratings of these financial institutions and their relevant debt issues are removed from CreditWatch, where they were placed July 15, 2011.
The outlooks for all 12 FHLBs, and the issue level ratings for Fannie Mae, Freddie Mac, the FHLB System, and the Farm Credit System are negative.
​

This downgrade should have happened a year or two ago. I bet Mr Frank is really fuming now. That little twerp should be downgraded next.

Barney Speaks:

Barney Blames Military

They Left is pulling out all their cards now- they must be desperate

WASHINGTON (AP) -- The senior Democrat on the House Financial Services Committee says the biggest reason the United States is seeing its credit downgraded is that it spends too much money being "the military policemen of the world."

Rep. Barney Frank tells CBS's "The Early Show" that reining in defense spending is "going to be my mantra" for the next few months.

​

 

[Remodeling Maidiac]

How did my post quoting you end up above the one I quoted? Lol

 

[Soggy in NOLA]

S&P cuts Fannie and Freddie credit rating

Following its downgrade of U.S. debt, Standard and Poor's has now dowgraded mortgage giants Fannie Mae and Freddie Mac, because of "their direct reliance on the U.S. government."

Here's the agency's press release explaining their actions:
Ratings On Select GREs And FDIC- And NCUA-Guaranteed Debt Lowered After Sovereign Downgrade
On Aug. 5, 2011, Standard & Poor's lowered its long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA'.
As a result, we have also lowered the long-term issuer credit ratings and related issue ratings on select government-related entities (GREs) to 'AA+' from 'AAA'.
The issuer credit ratings of these financial institutions and their relevant debt issues are removed from CreditWatch, where they were placed July 15, 2011.
The outlooks for all 12 FHLBs, and the issue level ratings for Fannie Mae, Freddie Mac, the FHLB System, and the Farm Credit System are negative.
​

This downgrade should have happened a year or two ago. I bet Mr Frank is really fuming now. That little twerp should be downgraded next.

Barney Speaks:

Barney Blames Military

They Left is pulling out all their cards now- they must be desperate

WASHINGTON (AP) -- The senior Democrat on the House Financial Services Committee says the biggest reason the United States is seeing its credit downgraded is that it spends too much money being "the military policemen of the world."

Rep. Barney Frank tells CBS's "The Early Show" that reining in defense spending is "going to be my mantra" for the next few months.

​

Frank is an imbecile.... and obviously so are the people of MA who keep sending this dipshit to DC.

 

[Neotrotsky]

How did my post quoting you end up above the one I quoted? Lol

That's how good you are

 

[LibocalypseNow]

Yes it can and will. The Double-Dip Recession is just about here. Their best days are long behind them.

 

[Neotrotsky]

Yes it can and will. The Double-Dip Recession is just about here. Their best days are long behind them.

sad to say

a double dip is probably here

what do we have left
interest are low
spending we are broke

I suspect the printing presses for money are going to be quite busy
more than usual

 

[AmericanFirst]

I notice none of the lib defenders are her. Probably can't defend this.