Free Republic 4th Qtr 2026 Fundraising Target: $60,000 Receipts & Pledges to-date: $12,879
21%  
Woo hoo!! And now only $321 to reach 22%!! Thank you all very much!! God bless.

Keyword: barackonthedownlow

Brevity: Headers | « Text »
  • U.S. loses AAA credit rating from S&P

    08/05/2011 5:51:21 PM PDT · by GQuagmire · 409 replies
    Yahoo.com via Reuters ^ | 8/5/11 | Walter Brandimarte
    NEW YORK (Reuters) - The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday, in a dramatic reversal of fortune for the world's largest economy. S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about growing budget deficits. U.S. Treasuries, once undisputedly seen as the safest investment in the world, are now rated lower than bonds issued by countries such as the UK, Germany, France or Canada