Top Creditor David Beers: S&P May Downgrade US Rating By End of Month

[onceANexile]

I'm glad they did it. i've movd out of the states...

[Ugandangirl]

Who care about what S&P thinks? Fraud

[stealthpakfa]

well done david beers

[51milliesmom15]

I wonder how you get THANKS BARACK from this.

S&P does not care how we pay our bills. S&P cares ONLY that we pay our bills.

There are Teabaggers who say WE WILL NOT PAY OUR BILLS UNDER ANY CIRCUMSTANCES. One of them is running for the GOP nom. Thanks, Michele.

[evenflowone]

What we are witnessing is the long trek of the circle being closed. It is nearing full circle now. The lender-borrower system we have with the Fed is being revealed as unsustainable and more know this now than ever before. Since the early '70's we have been defaulting. At that time we told bondholders that their paper would no longer value in gold, and from that period we have been in steep decline. The fiat paper system is unsustainbale and further debt will only delay the unavoidable crash.

[SuperFifthwheel]

Good, our credit rating needed to be downgraded a long time ago. S&P gave Fannie Mae and Freddie Mac a triple A, so it goes to show you. Time for the US to admit its bankrupt.