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Old 08-09-2011, 03:14 PM
 
Location: New Mexico
8,396 posts, read 9,411,888 times
Reputation: 4070

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Quote:
Originally Posted by lifelongMOgal View Post
For those who dare to look beyond the volitile daily market swings and partisan blinders:

News Headlines





Meanwhile Bernanke is trying to figure out what to say in 45 min.......
The current downgrade by one agency and the stock market plunge are transitory.

You'll be so disappointed as the economy recovers.
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Old 08-09-2011, 03:32 PM
 
Location: Imaginary Figment
11,449 posts, read 14,421,146 times
Reputation: 4777
Quote:
Originally Posted by lifelongMOgal View Post
For those who dare to look beyond the volitile daily market swings and partisan blinders:

News Headlines





Meanwhile Bernanke is trying to figure out what to say in 45 min.......
You missed the entire premise of the article...big surprise there.
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Old 08-09-2011, 06:03 PM
 
22,923 posts, read 15,368,343 times
Reputation: 16962
Take a look at France that has the same bond situation and same, or very close, debt to GDP ratio as the U.S and wonder why they still enjoy a triple A? They're one of the countries that will be relied upon to provide security either through bailout or some other stimulous to the faltering Greek, Italian economies. With no intent to alarm or exaggerate the terrible situation over there; THEY'RE TOAST and S & P, for one, seem strangely silent.

C'mon S&P, how come you've refrained from starting a brush fire over there?

No one can dispute the validity of a reduction of U.S.'s rating, they (S&P) simply declared what everyone else knew already with all of the indicators that the U.S. displayed but so to do any number of others and impartiality is supposed to be a haulmark of these agencies, or am I in error?
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Old 08-09-2011, 06:12 PM
 
26,680 posts, read 28,574,832 times
Reputation: 7943
Quote:
Originally Posted by lifelongMOgal View Post
For those who dare to look beyond the volitile daily market swings and partisan blinders:
Are you cheering for the downfall of America? Why else would you cite one man's opinion as a fact?

Also, I thought NBC News was untrustworthy because its a part of the "liberal media". Hmm. Maybe it's only trustworthy when it delivers bad news about Obama or other Democrats.
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