Post by Rare_Commodity on Aug 6, 2011 8:09:20 GMT -5
A few days after Congress and the White House agreed to raise the debt ceiling and cut spending, Standard & Poor's has downgraded the United States of America's credit rating from AAA to AA+.
S&P ratings:
AAA: UK, France, Germany, Canada, Australia
AA+: USA, Belgium, New Zealand
AA-: Japan, China
finance.yahoo.com/blogs/daniel-gross/u-credit-rating-victim-gop-sabotage-021622372.html
“The government today, announced that it's changing it's emblem from a Bald Eagle to a CONDOM, because it more accurately reflects the government 's political stance. A condom allows for inflation, halts production, destroys the next generation, protects a bunch of #$%$ and gives you a sense of security while you're being screwed. It just doesn't get more accurate than that!”
S&P ratings:
AAA: UK, France, Germany, Canada, Australia
AA+: USA, Belgium, New Zealand
AA-: Japan, China
finance.yahoo.com/blogs/daniel-gross/u-credit-rating-victim-gop-sabotage-021622372.html
“The government today, announced that it's changing it's emblem from a Bald Eagle to a CONDOM, because it more accurately reflects the government 's political stance. A condom allows for inflation, halts production, destroys the next generation, protects a bunch of #$%$ and gives you a sense of security while you're being screwed. It just doesn't get more accurate than that!”