Top Creditor David Beers: S&P May Downgrade US Rating By End of Month
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Uploaded by jackohoft on Jul 23, 2011
Thanks Barack.
Standard and Poors official David Beers told Neil Cavuto that the S&P may downgrade their USA rating before the end of the month and as early as Monday. This would be the first time the US lost their AAA rating.
- 5 likes, 1 dislikes
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I'm glad they did it. i've movd out of the states...
onceANexile 5 months ago
Who care about what S&P thinks? Fraud
Ugandangirl 7 months ago
well done david beers
stealthpakfa 7 months ago
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.
51milliesmom15 7 months ago 2
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.
evenflowone 7 months ago
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.
SuperFifthwheel 7 months ago