[reaganaut1]

Coming to the U.S. in a few years, unless Obama is thrown out and/or the Republicans retake the House or Senate (and show more discipline than the last time they were in power).

[blam]

"Coming to the U.S. in a few years, unless Obama is thrown out and/or the Republicans retake the House or Senate (and show more discipline than the last time they were in power). "

Years?

Dollar Is Dirt, Treasuries Are Toast, AAA Is Gone: Mark Gilbert

[edcoil]

S & P was one of the agencies that rated all the bad stocks and bonds and sold them to investors.

Why should we believe anyone at S&P.

[spald]

Bloomberg.com is reporting "U.K. May Lose AAA Rating at S&P as Government Debt Approaches 100% of GDP"

Can government debt really approach 100% of GDP? What is the USA debt/gdp ratio? About 15%, right?

[Poison Pill]

S&P announced that it had changed its outlook for the U.K.'s credit rating to negative -- meaning that a downgrade, while not imminent, could come sometime in the next few years.

See, Ok, um it's not a downgrade, ok. It's just that things are Soooooo bad that we might downgrade later if this really crappy situtation doesn't improve in a couple years. But, were not repeat NOT downgrading in the sense that we are issuing an official downgrade now. Got it?

[rabscuttle385]

The Money, Banking, and Financial Markets Ping List. "Money, not morality, is the principle commerce of civilized nations." —Thomas Jefferson FR Keywords: moneylist, bankinglist, financelist Please tag all relevant threads with the aforementioned keywords. This can be a very high-volume ping list at times. Ping list jointly pinged by rabscuttle385 and TigerLikesRooster. To join the ping list: FReepmail rabscuttle385 with the subject line add  moneylist. (Stop getting pings by sending the subject line drop moneylist.)