PDA

View Full Version : U.S. Credit Rating Cut Again!



Willie51
09-15-2012, 12:26 AM
Here it comes folks. This out today because of QE3!

Ratings firm Egan-Jones cut its credit rating on the U.S. government to "AA-" from "AA," citing its opinion that quantitative easing from the Federal Reserve would hurt the U.S. economy and the country's credit quality.......

http://www.cnbc.com/id/49037337

helomech
09-15-2012, 12:33 AM
It needs to go a lot lower, than maybe we will have to stop spending.

bacpacker
09-15-2012, 02:28 AM
It was a matter of time. Hang on it ain't over yet.

Willie51
09-15-2012, 04:54 AM
It was a matter of time. Hang on it ain't over yet.

You're right BP. It's just getting started.

mercury
10-29-2012, 07:32 PM
I'm curious why I haven't heard this on any MSM news, or even Fox. Why aren't they reporting it?

The only places I've seen this are on websites or forums like this.

Willie51
10-29-2012, 09:44 PM
I'm curious why I haven't heard this on any MSM news, or even Fox. Why aren't they reporting it?

The only places I've seen this are on websites or forums like this.

It was reported on the news back in Sept. Note the original post..the link was CNBC.

Echo2
10-30-2012, 12:13 AM
It's a slow motion train wreck....fore sure.