Vice Lord wrote: MY SOURCES TELL ME WE WILL BE DOWNGRADED LATER TODAY- The Global markets don't like this bill the Tea Bag Terrorists shoved down the country's throat. It's a job killer and a recipe for Contraction.
Got caught with my pants down on this one folks..Might get a little more panic selling on Monday morning...
CURRENT MARKET RECOMENDATION: HOLD
I was commenting on the SECOND thought within your post......
"Tea Bag Terrorists".........THIS chaos (once again) was the DIRECT result of several factors.....ONE,the market is just NOW reflecting
the true conditions of the economy....there has been a disconnect for awhile now. TWO Europes woes have come front and center with
the ECB just now stepping in (hopefully,successfully and THREE, the US goverments LACK of a concrete and credible plan to correct
the problems we have within our system....READ MY SIG LINE......Timmy, Benny and others are STILL orchestrating this fubar......of
course JMO.....But Pimco's EL-ERIAN is pretty damn succinct on this......... :pop
VERY good editing of my ORIGINAL POST......
I should have expected nothing less from you........a truly sophomoric response.
Vice Lord wrote: MY SOURCES TELL ME WE WILL BE DOWNGRADED LATER TODAY- The Global markets don't like this bill the Tea Bag Terrorists shoved down the country's throat. It's a job killer and a recipe for Contraction.
Got caught with my pants down on this one folks..Might get a little more panic selling on Monday morning...
CURRENT MARKET RECOMENDATION: HOLD
I was commenting on the SECOND thought within your post......
"Tea Bag Terrorists".........THIS chaos (once again) was the DIRECT result of several factors.....ONE,the market is just NOW reflecting
the true conditions of the economy....there has been a disconnect for awhile now. TWO Europes woes have come front and center with
the ECB just now stepping in (hopefully,successfully and THREE, the US goverments LACK of a concrete and credible plan to correct
the problems we have within our system....READ MY SIG LINE......Timmy, Benny and others are STILL orchestrating this fubar......of
course JMO.....But Pimco's EL-ERIAN is pretty damn succinct on this......... :pop
VERY good editing of my ORIGINAL POST......
I should have expected nothing less from you........a truly sophomoric response.
I just quote what im responding too..If Im answering a question in the first sentance, I just quote the first sentance or else my response would'nt make sense. You wrote everyone of those words
Did you also supply Tim Geithner with his inside info?...
'No risk' the US will lose its top credit rating, says Treasury's Geithner
By Michael O'Brien - 04/19/11 10:33 AM ET
Treasury Secretary Tim Geithner said Tuesday there is "no risk" the U.S. will lose its top credit rating amid a new analysis that revised its outlook on American debt to "negative."
Geithner took to the airwaves of financial news networks to push back against a report Monday by Standard & Poor's that lowered its outlook on U.S. debt to "negative," reflecting political uncertainty over whether lawmakers will reach an agreement to address long-term debt.
There is no chance that the U.S. will lose its top credit rating, Geithner said, forcefully disputing the notion that S&P or other ratings services might downgrade U.S. bonds from their current AAA rating.
"No risk of that, no risk," Geithner said on the Fox Business Network.
Did you also supply Tim Geithner with his inside info?...
'No risk' the US will lose its top credit rating, says Treasury's Geithner
By Michael O'Brien - 04/19/11 10:33 AM ET
Treasury Secretary Tim Geithner said Tuesday there is "no risk" the U.S. will lose its top credit rating amid a new analysis that revised its outlook on American debt to "negative."
Geithner took to the airwaves of financial news networks to push back against a report Monday by Standard & Poor's that lowered its outlook on U.S. debt to "negative," reflecting political uncertainty over whether lawmakers will reach an agreement to address long-term debt.
There is no chance that the U.S. will lose its top credit rating, Geithner said, forcefully disputing the notion that S&P or other ratings services might downgrade U.S. bonds from their current AAA rating.
"No risk of that, no risk," Geithner said on the Fox Business Network.
