Friday, June 3, 2011

Moody’s Warns of Downgrade for U.S. Credit

Moody’s Warns of Downgrade for U.S. Credit - NY Times

A must read.

3 comments:

Tao Dao Man said...

The "downgrade"chatter has really ramped up as of late.

The powers that be [TPTB} and the [PPT] plunge protection team are buying time in order to pull the final trigger.
Noise about a double dip is nonsense.
We never got out of the first one.
It is a dip to some to others it is an abyss.
Wall St., war profiteers, and the Banksters are getting richer.
While we the people are being introduced to austerity [serfdom].

Underground Politics said...

That is very true. They don't seem to care how much it could possibly affect everyone. I'm really not liking the fact that we're heading towards a austerity. We need to reverse the whole 'Corporations are people' crap.

RealityZone said...

The "downgrade"chatter has really ramped up as of late.

The powers that be [TPTB} and the [PPT] plunge protection team are buying time in order to pull the final trigger.
Noise about a double dip is nonsense.
We never got out of the first one.
It is a dip to some to others it is an abyss.
Wall St., war profiteers, and the Banksters are getting richer.
While we the people are being introduced to austerity [serfdom].