"An 'Oh Please!' Moment: Is S&P Running Interference for the Right to Help Crush Social Security and Medicare?
From This Can't Be Happening: http://www.thiscantbehappening.net/node/568
by: Dave Lindorff
Mon, 04/18/2011
Today’sbreathless anxiety-inducing headline was that Standard & Poors, the rating agency, has issued a “negative outlook” warning on US sovereign debt, claiming that the US, in comparison with other countries with a top AAA credit rating, has 'very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us'. S&P warned that there was a “a one in three chance that the US could lose its AAA rating in two years because of its mounting debt.”"
From This Can't Be Happening: http://www.thiscantbehappening.net/node/568
by: Dave Lindorff
Mon, 04/18/2011
Today’sbreathless anxiety-inducing headline was that Standard & Poors, the rating agency, has issued a “negative outlook” warning on US sovereign debt, claiming that the US, in comparison with other countries with a top AAA credit rating, has 'very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us'. S&P warned that there was a “a one in three chance that the US could lose its AAA rating in two years because of its mounting debt.”"
More on the link above ..
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