Standard & Poor’s Puts ‘Negative’ Outlook on U.S. Rating

Discussion in 'Politics' started by Political Junky, Apr 18, 2011.

  1. Political Junky
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    Political Junky Gold Member

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    Standard & Poor’s Puts ‘Negative’ Outlook on U.S. Rating - Businessweek

    April 18 (Bloomberg) -- Standard & Poor’s put the U.S. government on notice that it risks losing its AAA credit rating unless policy makers agree on a plan by 2013 to reduce budget deficits and the national debt.

    “If an agreement is not reached and meaningful implementation does not begin by then, this would in our view render the U.S. fiscal profile meaningfully weaker than that of peer ‘AAA’ sovereigns,” New York-based S&P said today in a report that maintained its top rating on U.S. long-term debt while lowering the outlook to “negative” for the first time.
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  2. KissMy
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    KissMy Free Breast Exam

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    Standard & Poor's downgraded the US credit rating & Obama has the Justice Department Investigating Standard & Poor's for downgrading the US credit rating & Standard & Poor's president Deven Sharma was forced to step down.

    Obama did the same thing to DSK of the IMF for downgrading the US credit rating. Obama had his SEIU footsoldier Nafissatou Diallo set-up DSK. Because DSK was downgrading the US credit rating at the IMF so Obama had him replaced with Christine LaGarde. The day after Christine LaGarde took control of the IMF the NY prosecutor announced that the case against DSK fell apart & let DSK go.

    DSK's accuser Nafissatou Diallo committed tax fraud by claiming a fictitious daughter as a dependent on her tax returns. She lied on her asylum application & lied to a grand jury under oath. Why is she not in jail?

    She is a criminal yet Obama is protecting her!!!
     
  3. LordBrownTrout
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    LordBrownTrout Gold Member

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    The deeper in debt, our marks will continue to drop. There is no good ending with endless spending.
     
  4. Claudette
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    Claudette Gold Member

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    Is she a Dem??
     
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Another downgrade comin'?...
    :confused:
    U.S. rating likely to be downgraded again: Merrill
    Sun Oct 23,`11 – The United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concerns over the deficit, Bank of America Merrill Lynch forecasts.

     
  6. waltky
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    waltky Wise ol' monkey Supporting Member

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    Banks get downgrade from S&P...
    :eusa_eh:
    S&P downgrades credit rating of major banks
    29 November 2011 - S&P's move hit the share prices of US banks
     
  7. kyzr
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    kyzr Gold Member

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    We need to cut $4T from the Budget or we're toast. Its easy to do, but the DC whores won't cut anything.

    I hope we have another "Super Committee" the next time they can't agree to raise the Debt Limit, to cut more automatically.
     
  8. Rocko
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    Rocko Gold Member

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    Fitch did too.

    S & P also downgraded a ton of banks. It's going to be a treacherous market out there.
     

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