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S&P Calculations in Possible US Downgrade Were Off by 'Trillions': Source (Story developing)
CNBC ^
| 8/5/2011
Posted on 08/05/2011 5:04:05 PM PDT by blueyon
No story yet...Just Breaking News TAG over at CNBC....
TOPICS: Government; Miscellaneous; News/Current Events; Politics/Elections
KEYWORDS: congress; downgrade; elections; inflation; obama; sprating; taxes
This does not sound good! Can you say I N F L A T I O N
1
posted on
08/05/2011 5:04:09 PM PDT
by
blueyon
To: blueyon
Holy moley, hang on to your hats, this could be a rough ride depending on which way the ‘calculations’ were off.
2
posted on
08/05/2011 5:05:58 PM PDT
by
RowdyFFC
To: blueyon
At some point the zeroes just blur together.
3
posted on
08/05/2011 5:07:10 PM PDT
by
skr
(May God confound the enemy)
To: blueyon
(Ha! My post has less ido than yours!)
4
posted on
08/05/2011 5:07:21 PM PDT
by
REDWOOD99
("Earth first! We can log the other planets later")
To: blueyon
Sounds like the OBAMA THUGS stepped in to persuade the S&P raters to “re-think their numbers.”
5
posted on
08/05/2011 5:50:05 PM PDT
by
jimbo123
To: blueyon
The Fox crawl says it’s done. S&P has announced it.
6
posted on
08/05/2011 5:52:13 PM PDT
by
Terry Mross
(I'll only vote for a SECOND party.)
To: Terry Mross
Yes - it is done. That’s painful. Big treasury sell-off coming as funds whose rules say triple-A only are forced to liquidate...
Ouch.
7
posted on
08/05/2011 6:03:09 PM PDT
by
bolobaby
To: blueyon
Did the RACISTS ask Ubama's permission first?
They're only doing this because he's black.
</sarcasm tag for the morons>
8
posted on
08/05/2011 6:04:21 PM PDT
by
E. Pluribus Unum
(Palin is coming, and the Tea Party is coming with her.)
To: E. Pluribus Unum
Did the RACISTS ask Ubama's permission first? They're only doing this because he's black.
9
posted on
08/05/2011 6:49:23 PM PDT
by
Windflier
(To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
To: blueyon
...The hedgers and shortys are luvin it. Crash the market, Crash the market, MomoneyMomoney...
10
posted on
08/05/2011 6:54:50 PM PDT
by
gargoyle
(...This looks like a good fight, deal me in...)
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