Standard and Poor's downgrades US to AA+

[Riot]

Originally Posted by Danzig

the reps have named the six members of the super committee....

which will now become a super waste of time, effort, with no reason to meet.

That's why the automatic triggers were fought over so hard. Everyone knows they will end up the default. Watch for the GOP to try and protect defense with out-the-norm spending, so they don't take that much of a hit via the trigger.

[jms62]

Originally Posted by jms62

And how did the portfolio's of the Execs of S&P fair the last few days ? Information on a definite downgrade ahead of time was worth Billions.

S&P under investigation

http://finance.yahoo.com/news/SEC-in...&asset=&ccode=

[dellinger63]

Originally Posted by jms62

S&P under investigation

http://finance.yahoo.com/news/SEC-in...&asset=&ccode=

I heard Soros made a billion.

The Consumer Confidence Index ie the American people needs to be investigated as well as the rating is at its lowest since '08. Obama says we're AAA and in his mind and maybe Riot's that's all that counts.


Like the families of the fallen SEALS who did not want photos. The pentagon honored their wishes but the White House couldn't pass up a photo opportunity, and of course like with the S&P, it doesn't matter what they (the families) think.