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Old 08-09-2011, 09:59 AM
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Riot Riot is offline
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Quote:
Originally Posted by dellinger63 View Post
The failure of the President to accept Ryan's budget plan caused the downgrade. The head of the S&P is on video stating such.

But Obama still considering us AAA is what really counts.
What bullshit. The GOP didn't even accept Ryans Budget. And the S & P guy said that on Fox News Sunday, now with an edited video making the rounds. Read the S & P published announcement statement where they jerk their Republicans leashes for being stupid and moronic about dealing with the debt crisis, and called them out by name.

And not only does Obama still consider us AAA, the market does, too - you'll notice they all rushed into US Treasuries yesterday as stocks fell.
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