oreo
Gold Member
<sigh>
Can't conservatives ever do ANYTHING (as in being involved in governance) without the result being a disaster or a disaster in the making?
http://www.bing.com/maps/?v=2&where1=NEW YORK&sty=h&form=msdatehttp://www.bing.com/maps/?v=2&where1=NEW YORK&sty=h&form=msdatehttp://www.bing.com/maps/?v=2&where1=NEW YORK&sty=h&form=msdateNEW YORK The United States may lose its top-notch credit rating in the next few weeks if lawmakers fail to increase the country's debt ceiling, forcing the government to miss debt payments, Moody's Investors Service warned Wednesday.
"The review of the U.S. government's bond rating is prompted by the possibility that the debt limit will not be raised in time to prevent a missed payment of interest or principal on outstanding bonds and notes," Moody's said in a statement. "As such, there is a small but rising risk of a short-lived default."
Moody's was the first among the big-three rating agencies to place the United States' Aaa rating on review for a possible downgrade, which means a negative rating action is impending.
U.S. may lose top credit rating soon - Moody's - Business - Stocks & economy - msnbc.com
They have been saying that for 1-1/2 years now. If we do not get our fiscal house in order they will downgrade US debt. Of Course so has Obama's own CBO--and he's ignored that also.