It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Obama: On Economy, 'Things Will Get Better' (VIDEO)

page: 2
3
<< 1   >>

log in

join
share:

posted on Aug, 5 2011 @ 11:21 PM
link   
reply to post by ziggy1706
 


Well it seems that the sky might actually be falling this time



posted on Aug, 5 2011 @ 11:38 PM
link   
It's not all that bad according to this finance.yahoo.com... from the link

Is the U.S. Credit Rating a Victim of GOP Sabotage?
By Daniel Gross | Contrary Indicator – 2 hours 16 minutes ago

S&P, which covered itself in a substance other than glory during the mortgage crisis, may have a poor record and strange methodology when it comes to sovereign ratings. France, which has a far higher debt per capita ratio than the U.S., still enjoys a AAA rating. And a downgrade, alone, doesn't mean U.S. interest rates will spike -- on Monday or at any time in the future. Japan's credit rating was downgraded several years ago, when the interest rates its government paid on bonds was already extremely low, and they've generally trended lower in the years since.
denial denial denial all they want we the people know the truth, sadly we are to blame for we elected them, and we the people can give them the boot, but then will we count?



new topics
 
3
<< 1   >>

log in

join