[reaganaut1]

Suppose government bond yields rose by 1% because of default fears. With the national debt at $12 trillion, this would raise interest payments by $120 billion a year, or about $400 per American.

Obama's Chicago thugs would pressure the rating agencies not to downgrade the U.S.

[headstamp 2]

“Moody’s US analyst, Steven Hess, says, “If no policy changes are made, in ten years from now we would have to look very seriously at whether the U.S. is still a triple-A credit.”

I seriously doubt it will take 10 years at this rate of spending Mr. Hess.

[TruthConquers]

Basically, the US and the UK are in danger of defaults.

http://www.zerohedge.com/article/citi-blasts-moodys-optimism-says-uk-aaa-rating-doomed

http://www.zerohedge.com/article/peter-costa-us-government-will-be-totally-bankrupt-year-and-half

[Clintonfatigued]

Obama have taken a situation that was merely bad and made it much, much worse.

[PeterPrinciple]

And what is MOODYs Rating? They have lied and played politics in the past.

[BenLurkin]

[Man50D]

Drowning in Red Ink -- Will America lose its triple-A credit rating?

Is BO purposely using the Cloward-Piven Strategy to destroy our capitalistic economy in order to replace it with socialism?