U.S. Debt Likely To Be Downgraded Again, Says Merrill Lynch

Breaking Economics Blog ^ | October 24 2011

[copland1980]

Bank of America Merrill Lynch is forecasting that the United States will likely lose its triple-A credit rating from another major rating agency...

http://www.breakingeconomics.com/2011/10/us-debt-likely-to-be-downgraded-again.html

[copland1980]

This is a serious problem that needs immediate attention. Although the central bank can always print money, we don't need a hyperinflation on our hands. Cut the spending.

[Pollster1]

Mission accomplished.

[treetopsandroofs]

Party time for Hussein again.

[volunbeer]

I wonder if this article has anything to do with it?

http://www.freerepublic.com/focus/f-news/2797132/posts

B of A just put us on the hook for 75 Trillion dollars. Round and round and round we go.... where it stops.... nobody knows.

[VRW Conspirator]

Bush’s fault, again.

[DJ MacWoW]

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[Georgia Girl 2]

I wonder if that new downgrade is going to coincide with the Nov 9th Federal plan to turn off the TV transmission for a test? Anybody know how long the transmission interruption is planned to last?

[Buckeye McFrog]

Transmission should not be down for more than a minute or so barring a major glitch. Then again...

[copland1980]

Awesome graphic. Obama thinks he can spend his way out of his low ratings.

[Pollster1]

Awesome graphic. Obama thinks he can spend his way out of his low ratings.

Considering that most of that new spending goes to the far left's fraud and waste to buy votes from dead people, he may be right.