S&P double standards? Trust in credit agencies down to junk

The United States' prized top AAA credit rating has been cut for the first time ever. Standard & Poor's has dropped America's ranking to AA+.The downgrade came too late to hit Europe's stock markets - which have already taken a hammering this week - being battered by the Eurozone and America's debt difficulties. RT's Daniel Bushell is monitoring the fallout in Brussels.

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[MadXMax187]

Downgrade S&P to junk status

[ViLeDeth]

@AmerikanPatriot Obama is a small piece in this whole mess. But if you just want to focus on him because supposedly he has some power, he does not, then by all means continue. I invite you to consider how naive it would be to continue thinking it was his maniacal scheme all a long. This mess has been before Obama's time and will be here until THE CITIZENS whip out the sticks and start beating politicians into common sense. Obama is just a meat puppet, like every other fucking president.

[Patrick1123581321]

Even at AA+, what better investment opportunities are there? Also, the ratings agencies should've received more blame for the mortgage crisis.

[daveusaz1218]

I can not believe how blind, stupid and petty the so called elected representitives of my country are. It's time for them to pull the corporate cocks out of their mouths and start doing what is right for America and Americans. The answer is simple but so are the politicians. It took all Americas might to bring down Russia but it only took a few cave dwellers and 4 planes to bring down America. Absolutely fucking brilliant politicians, if this were kindergarten!! ,,I,

[crogsvien]

they didn't lower the rating enough, they need to check all the data again

they did make a mistake, it needed to be lower to A

not AA+

[thebruceburkshow]

see my channel for a detailed explanation of the s and p rating

[Geostrategic1]

@garlock007 It looks like the Dark Ages have descended upon London & other English cites. The fires look like the Blitz.

An AAA rating with 15 trillion of soaring debt? It's madness, absolute financial insanity . These are the very same rating agencies which stated everything was fine -- right before the sub-prime triggered crash 3 years ago. Those traders with long put options on domestic & international collapsing stock indexes are ecstatic, far from panic : ) The party has just begun.

[Geostrategic1]

@garlock007 The Dark Ages have descended upon London & other English cites. The fires look like the Blitz. An AAA rating with 15 trillion of soaring debt? It's madness, absolute financial insanity . These are the very same rating agencies which stated everything was fine -- right before the sub-prime triggered crash 3 years ago. Those traders with long put options on domestic & international collapsing stock indexes are ecstatic, far from panic : ) The party has just begun.

[Geostrategic1]

@garlock007 The Dark Ages have descended upon London & other English cites. The fires look like the Blitz.

An AAA rating with 15 trillion of soaring debt? It's madness, absolute financial insanity . These are the very same rating agencies which stated Fanny & Freddy were triple A as well -- right before the sub-prime triggered crash 3 years ago. Those traders with long put options on domestic & international collapsing stock indexes are ecstatic, far from panic : ) The party has just begun.