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Breaking News! S&P downgrade US Credit Rating from AAA to AA+ !

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posted on Aug, 5 2011 @ 07:30 PM
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No story yet, but on the breaking news on Fox! Whoah!


www.foxnews.com...




posted on Aug, 5 2011 @ 07:32 PM
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Oopsie. LOL!!!!!



posted on Aug, 5 2011 @ 07:33 PM
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No they don't.

They are thinking about it. And were threatened by the White House to not do it...

Oh wait they did.


Nice.

AA+ with NEGATIVE OUTLOOK...

That's a nice late gift for Obama...

edit on 5-8-2011 by Vitchilo because: (no reason given)



posted on Aug, 5 2011 @ 07:34 PM
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reply to post by surrealist
 


Awesome

didn't S&P rate mortgage backed securities AAA way back when?

Viva La Mexico




edit on 5-8-2011 by Janky Red because: (no reason given)



posted on Aug, 5 2011 @ 07:34 PM
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More from ZeroHedge



posted on Aug, 5 2011 @ 07:35 PM
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Breaking on Sky News in England too!
Said it's been downgraded from AAA to AA+ for the first time in history.


It's okay though, they've got Obama!

edit on 5-8-2011 by Zabadeano because: (no reason given)



posted on Aug, 5 2011 @ 07:35 PM
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Listen carefully. Can you here Wall street falling apart. To big to fail. Let them fail.



posted on Aug, 5 2011 @ 07:36 PM
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Damn i was bout to post it lol.


Well...didnt see that comin.



posted on Aug, 5 2011 @ 07:37 PM
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More from CNBC

Wonder if and when other major rating agencies will follow suit??



posted on Aug, 5 2011 @ 07:38 PM
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Don't think this was the change Obama supporters where counting on.

Dang this guy is a huge embarrassment, almost on the Jimmy Carter level.



posted on Aug, 5 2011 @ 07:39 PM
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Wow. You guys have the same rating as us in New Zealand. Welcome to the club.

That was quick . Wiki has already listed them as AA+ on there ratings page.
en.wikipedia.org...

edit on 18/01/11 by aarys because: (no reason given)



posted on Aug, 5 2011 @ 07:39 PM
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maybee all you survivalist(myself included) will finaly have some use for thou well stocked bug out bags and hidden pantrys!



posted on Aug, 5 2011 @ 07:41 PM
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15 minutes ago they were considering it. Associated Press just reported the S&P officially downgraded the US credit rating from AAA. Monday should be an interesting day world wide!!

edit on 8/5/2011 by TheRealTruth84 because: (no reason given)



posted on Aug, 5 2011 @ 07:42 PM
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Watch the implosions happen come Monday on the markets.

Gotta love how they wait til the markets close on a friday to do the announcement.



posted on Aug, 5 2011 @ 07:42 PM
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Reuters: BREAKING NEWS: S&P says can lower U.S. rating again in next 2 years if sees less spending reduction than agreed, higher interest rates, new fiscal pressures

So its a sure thing that it will be lowered again.



posted on Aug, 5 2011 @ 07:43 PM
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reply to post by surrealist
 


Now, no one is actually surprised by this, right?



posted on Aug, 5 2011 @ 07:44 PM
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meh

ive seen this movie before

the funny part is usually movies debut in the us first, then europe.


this time it was the other way around.



 
Posted Via ATS Mobile: m.abovetopsecret.com
 



posted on Aug, 5 2011 @ 07:46 PM
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Reply to post by AnotherYOU
 


SPOILER ALERT!

its a greek tragedy


 
Posted Via ATS Mobile: m.abovetopsecret.com
 



posted on Aug, 5 2011 @ 07:47 PM
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So are we going to see a run on the dollar?

I will say again, get your preps ready, the time to get ready is quickly disappearing.



posted on Aug, 5 2011 @ 07:51 PM
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Please...

This is the equivalent of being demoted from vice-president to treasurer by the 5th grade class president.

Do the members of ATS really take this seriously at all????


One hand washes the others, this is just part of the game. Wall Street will tank Monday and get propped right back up by the folks printing the money at the Fed, it's all part of the plan.

You guys surprise me...


Let's see if Black Friday was a typo and it should have been Black Monday.

~Namaste



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