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Moody's to lower US credit in 2013
Fox News | 12/8/2009 | self

Posted on 12/08/2009 6:24:07 AM PST by scooby321

Stuart Varney was just on Fox and said Moody's will lower the United States bond rating for the first time ever in 2013 with current spending plans.


TOPICS: Breaking News; Business/Economy; Government
KEYWORDS: banking; bankruptusa; bho44; biggovernment; bushlegacy; corruption; credit; debt; epicfail; fail; moodys; obamanomics; obamasfault; uscreditrating
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1 posted on 12/08/2009 6:24:07 AM PST by scooby321
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To: scooby321

Obama’s fault.


2 posted on 12/08/2009 6:27:20 AM PST by vladimir998
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To: scooby321

The rating agencies always were a lagging indicator.


3 posted on 12/08/2009 6:28:24 AM PST by Mobties
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To: wafflehouse; Leisler; PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; ...
*Ping!*
4 posted on 12/08/2009 6:29:07 AM PST by rabscuttle385 (Purge the RINOs! * http://restoretheconstitution.ning.com/)
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To: scooby321

hmmm....I wonder who cut the deal to hold off on that action until AFTER the 2012 elections???!!!!

I do not doubt this is true. Varney is a top-notch financial journalist.


5 posted on 12/08/2009 6:29:32 AM PST by Buckeye McFrog
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To: Jim Robinson; Admin Moderator

Could you please upgrade this to Breaking?


6 posted on 12/08/2009 6:30:12 AM PST by rabscuttle385 (Purge the RINOs! * http://restoretheconstitution.ning.com/)
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To: scooby321; All

Why on earth are they announcing future plans to lower the credit rating now?

If it warrants words on a lowering, then it is probably time to lower the credit rating.


7 posted on 12/08/2009 6:32:46 AM PST by Red in Blue PA (Obama, Hitler, Stalin: Who are 3 people nominated for the Nobel Peace Prize.)
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To: scooby321

amazing the surprises in store after the 2012 elections- if any are held


8 posted on 12/08/2009 6:35:07 AM PST by silverleaf (More folks being invited to the White House for Holiday parties than are being sent to Afghanistan)
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To: scooby321

Not for nothing, but why do we still trust Moody’s to rate anything?


9 posted on 12/08/2009 6:39:39 AM PST by Wolfie
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To: silverleaf

agreed..I have this eerie feeling that if this country sees an election in 2012 it will be progress.


10 posted on 12/08/2009 6:40:54 AM PST by eak3
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To: vladimir998

Kinda strange that they are saying this 3 years out....is this to make President Palin take the blame??? Makes you think huh?????


11 posted on 12/08/2009 6:41:00 AM PST by napscoordinator
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To: silverleaf

“amazing the surprises in store after the 2012 elections”

When it becomes apparent that 0 will lose, there will be a surprise BEFORE the 2012 election.
http://the-left-will-kill-obama.com

The soros wing will not let go of power easily.


12 posted on 12/08/2009 6:42:32 AM PST by chuck_the_tv_out ( <<< click my name: now featuring Freeper classifieds)
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To: Wolfie
Not for nothing, but why do we still trust Moody’s to rate anything?

Exactly! Why would anyone trust any of the rating agencies after all those AAA ratings for the derivatives with those worthless Fannie May and Freddie Mac mortgages tucked neatly inside?

13 posted on 12/08/2009 6:45:14 AM PST by Mind-numbed Robot (Not all that needs to be done needs to be done by the government)
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To: scooby321

Not to worry. The world ends 12/21/2012. Everyone’s ratings will drop then.................../s


14 posted on 12/08/2009 6:46:22 AM PST by OB1kNOb (All FReepers need to pray Psalms 109:8 daily for Barack Obama. (Look it up. I'm serious.))
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To: scooby321

Who knew that Moody’s was racist?


15 posted on 12/08/2009 6:47:56 AM PST by mainepatsfan
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To: vladimir998

Obama rejoices!


16 posted on 12/08/2009 6:47:58 AM PST by tiredoflaundry (I will not be silenced.)
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To: napscoordinator

Actually I think they’re doing it to warn Obama to knock it off.


17 posted on 12/08/2009 6:50:34 AM PST by vladimir998
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To: silverleaf

“amazing the surprises in store after the 2012 elections- if any are held”

I’m wondering if 2010 are held...


18 posted on 12/08/2009 7:06:55 AM PST by WKUHilltopper (Fix bayonets!)
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To: scooby321
They warned 10 years a while back...

Then it was 3 to 5...

Now it is essentially 3 given we are on the cusp of 2010.

Not good, Australia is looking better every day.....

19 posted on 12/08/2009 7:13:35 AM PST by taildragger (Palin/Mulally 2012)
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To: scooby321

Wasn’t Moody’s one of the agencies giving AAA+ ratings to all of these sub-prime CDOs last year? LOL.


20 posted on 12/08/2009 7:20:50 AM PST by Alberta's Child (God is great, beer is good . . . and people are crazy.)
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