MOODY'S MAKES A MOVE.....U.S. MISSES THE MARK

16 May 2025 17:19 #1 by homeagain
Economy
Central Banking

U.S. Loses Last Triple-A Credit Rating
Moody’s downgrades the U.S. government, citing large fiscal deficits and rising interest costs


PER WSJ TODAY.....IT'S MID MAY....THAT DIDN'T TAKE LONG FOR TRUMP TO TRASH THE ECONOMIC SCENE.....4 MONTHS, GOOD JOB

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16 May 2025 22:24 #2 by FredHayek
The current Hiuse bill is crap! Republicans are not cutting enough spending.

The only fiscal conservatives left in DC are Thomas Massie and Rand Paul.

But a number of Republicans including Chip Roy have sent the current bill back to the drawing board.

One of the big fights is Republicans from Deep Blue high tax states like New York and New Jersey who want bailouts for their voters from onerous high state taxes.

I am tired of Red State taxpayer paying the taxes for Newsom's sanctuary state.

Thomas Sowell: There are no solutions, just trade-offs.

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16 May 2025 22:48 #3 by FredHayek


Fingers crossed.

Thomas Sowell: There are no solutions, just trade-offs.
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18 May 2025 10:07 #4 by FredHayek


Cherry picking news stories again HA? Why don't you say what the real of the downgrade was?

Biden spending 2 trillion more per year than America was getting in tax receipts.

Thomas Sowell: There are no solutions, just trade-offs.
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18 May 2025 10:09 #5 by FredHayek


Sure, blame Trump and ignore the 12 years of Democrat administrations.

Thomas Sowell: There are no solutions, just trade-offs.
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18 May 2025 10:10 #6 by FredHayek


Maybe read more than the headline next time?

Thomas Sowell: There are no solutions, just trade-offs.
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18 May 2025 10:40 - 18 May 2025 12:48 #7 by homeagain
Donald Trump Jan. 20, 2017 Jan. 20, 2021 4 years First to be impeached twice i

IT IS NOW 2025......2021 WAS TRUMP'S LAST YEAR....WHO MIGHT HAVE ALSO CONTRIBUTED TO THIS FUBAR???? TRUMP AND NOW HE IS DOING IT AGAIN.....LET'S MAKE IT TRANSPARENT AS TO THE REAL CONTRIBUTORS....SHALL WE.


he Moody's downgrade to Aa1 removes the U.S. government's last remaining triple-A credit rating, diminishing its status as the world's highest-quality sovereign borrower. FYI FRED, IT IS NOT A SMALL THING

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19 May 2025 21:24 #8 by FredHayek

Thomas Massie says if this crummy budget bill passes, it will add 2 trillion to the debt every year for the next ten years.

Could we just stop spending please!

Thomas Sowell: There are no solutions, just trade-offs.
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19 May 2025 22:07 #9 by FredHayek


Prepare for higher interest rates.

Thomas Sowell: There are no solutions, just trade-offs.
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20 May 2025 06:30 #10 by homeagain
fortune.com/2025/05/20/us-economy-experi...-cuts-deutsche-bank/

U.S. economy is experiencing ‘death by a thousand cuts’, says Deutsche Bank, as confidence in national debt management erodes

AND I HAVE STATED THE EXACT SAME SENTIMENT , ONLY I STATED 'DEATH BY A THOUSAND PECKS." WAIT AND WATCH.

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