Look at the unsustainable spending by government:
http://confoundedinterest.wordpress.com/
And look at Social Expenditures (aka, welfare state) growth. WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Go figure.
NO MORE DEBT INCREASES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Moody’s says US should retain top credit rating
http://www.freerepublic.com/focus/f-news/2756225/posts
somebody is not being truthful
The AAA rating is a lie, anyway. Anyone, country, etc. who runs their finances the way our government does doesn’t deserve a high rating.
Wondering who is getting paid off or pressure being put on whom too keep it at AAA. Fools are anyone who believes that everything is peachy. AAA = peachy.
Didn’t we learn from the banking collapse of a couple of years ago? Misrepresentation of loans and assets created the banking collapse. And we continue the same with our Federal budget and debt.
FOOLS!
The rating services seemed to start all this sturm und drang about the collapse of the world as we know it IF CONGRESS DIDN’T ACCEPT THE DEMS POLICY.
Now, having looked into the abyss they have created, they seem to be pulling back from the edge and saying, “ Hey, fellows, we were only kidding. Life will go on.”
>>Neither debt plan protects the nation’s AAA rating<<
I file that under “No sh!t Sherlock.”
That’s why I’e been down on BOTH parties on this so hard.
The jackasses at S & P and Moody’s wouldn’t dare screw with America’s credit rating. This crap is just a bunch of commie BS used to scare the old folks into demanding that Barry and his Socialists are allowed to steal more of other people’s money. The boys at S&P and Moody’s are smart enough to know that if you screw around with America’s rating, the entire global economy goes into the toilet. They wouldn’t risk it with their stupid “rating”. Sorry boys, you and your “credit ratings” don’t scare me. This credit rating crap is all politics, IMHO!
Let me be perfectly blunt. Anyone who buys U. S. Government bonds in the notion that they are as secure as an alertly rated AAA Corporate Bond from a country with sounder monetary policy, is naive in the extreme. With the Keynesian monetization of the out of control Federal debt, the only question is how soon, the purchaser takes a terrible bath.
I suspect, that were it not for fear of the rancor they might expect from the political establishment, the rating agencies would long ago have dropped the triple A rating to something far lower. The rhetoric coming out of the Administration on the subject is designed to panic people who simply do not recognize from whence comes the real threat, or the extent of what those in this Administration have already achieved in destroying the wealth of rooted Americans.
As for the Administration's argument on taxation, note how much damage has already been done to American reserves by a Capital Gains Tax, not indexed to inflation: Capital "Gains".
The Founding Fathers would clearly have deemed this stealing. So do I.
William Flax
CCB.
Pass it, or lose the AAA rating.
Moody will do anything to support getting and keeping the communists takeover of America.
Ratings Agencies are like the fake “Fact-Check.com” websites. They all work for the Bankers. Ha Ha Fools!