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U.S. Faces First Downgrade on Debt, Slowdown: Moody’s

By: Decomposed in ROUND | Recommend this post (0)
Wed, 03 Aug 11 3:14 AM | 32 view(s)
Boardmark this board | De's Test Board 		Msg. 34212 of 45644
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U.S. Faces First Downgrade on Debt, Slowdown: Moody’s

By John Detrixhe - Aug 2, 2011 7:23 PM ET
Bloomberg.com

Moody’s Investors Service and Fitch Ratings affirmed their AAA credit ratings for the U.S. while warning that the ratings could be downgraded if lawmakers fail to enact debt reduction measures and the economy weakens.

The rating outlook is now negative, Moody’s said in a statement yesterday after President Barack Obama signed into law a plan to lift the nation’s borrowing limit and cut spending.

Full story: http://www.bloomberg.com/news/2011-08-02/u-s-aaa-rating-faces-moody-s-downgrade-on-debt-economic-slowdown-concern.html




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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The above is a reply to the following message:
Unfortunately Obama
By: Decomposed in ROUND
Wed, 03 Aug 11 2:53 AM 		Msg. 34211 of 45644

re: "Unfortunately Obama..."

Hey, you're the one with the poor judgement to vote for the guy.

Twice, right?

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