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
It needs to go a lot lower, than maybe we will have to stop spending.
It was a matter of time. Hang on it ain't over yet.
You're right BP. It's just getting started.Originally Posted by bacpacker
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.
Don't wrestle with pigs; you'll get all muddy and the pigs will love it!
It's a slow motion train wreck....fore sure.
The Difference Between a Welfare State and a Totalitarian State is a Matter of Time.
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