08-05-2011, 09:50 PM
Hopefully, this won't double-post when I edit.
S&P has DOWNGRADED US bonds from triple to double "A".
I guess Moody didn't have the heart since the debt ceiling was raised.
Besides . . . Obama said it would happen if the ceiling WASN'T raised. He never said they wouldn't be downgraded if it was raised.
I'm sure they didn't release this info before 5 PM EST as they didn't want to ruin the great new umemployment rate of 9.1%.
Whoo hoo! Go team!
Edit (since Duchess and I cross posted) - Yeah. That's the reason . . .
S&P has DOWNGRADED US bonds from triple to double "A".
I guess Moody didn't have the heart since the debt ceiling was raised.
Besides . . . Obama said it would happen if the ceiling WASN'T raised. He never said they wouldn't be downgraded if it was raised.
I'm sure they didn't release this info before 5 PM EST as they didn't want to ruin the great new umemployment rate of 9.1%.
Whoo hoo! Go team!
Edit (since Duchess and I cross posted) - Yeah. That's the reason . . .