US Debt-Rating Downgrade rumor

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#1 Fri, Aug 5, 2011 - 11:57am
Violent Rhetoric
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US Debt-Rating Downgrade rumor

Straight from the rumor mill. Not on Bloomberg website yet. This is copy & paste from the BB terminal
S&P spokesman John Piecuch said in an e-mail that the ratings company won’t comment on speculation the U.S. rating will be cut. Moody’s Investors Service and Fitch Ratings this week affirmed their AAA ratings on the U.S.
Edited by: Violent Rhetoric on Nov 8, 2014 - 5:04am
Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty. This is known as “bad luck.” ~ Robert Heinlein
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