Moodys and SP credit raters bow to Gov't pressure. Hmmm

29 Jul 2011 20:42 #1 by LOL
http://www.denverpost.com/breakingnews/ci_18578596
No you won't dare downgrade us! Credit agencies change their tune, AAA rating still intact. Hmmm Seems to me a few weeks ago they were insisting on some long term deficit progress.

"WASHINGTON—Moody's Investors Service said late Friday that the United States should be able to keep its triple-A credit rating as long as Washington works out a deal that lets it continue to pay bondholders.

The credit rating agency said it thinks that even if the nation's $14.3 trillion borrowing limit isn't raised by Tuesday's deadline, the government would give priority to making interest payments on its debt and thereby avoid a default. "

If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

Please Log in or Create an account to join the conversation.

29 Jul 2011 20:51 #2 by AspenValley
I don't understand how these credit rating agencies have ANY credibility after they kept giving their gold triple plus blessings to crooked outfits like AIG that they KNEW were trash.

This is only an extension of the same kind of BS.

Please Log in or Create an account to join the conversation.

Time to create page: 0.120 seconds
Powered by Kunena Forum
sponsors
© My Mountain Town (new)
Google+