John Chambers S&P Head Explains Why They Decided To Downgrade The U.S. Credit Rating

August 06, 2011 CNN
http://MOXNews.com

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[morganhill69]

Wouldn't ending the wars save a lot of money ?

[RonPaulSwede]

Why don´t you let your own military bomb your country and you can rebuild it?

[kantwater666]

Chambers is a wank

[sekyim]

The downgrading was caused by political instability in the U.S, the debt was just a little fraction of the real problem.

[utoobster2]

attn: Lucisferre257 --- don't get it twisted. Your sign-in name is a derivation of lucifer, which equals the devil. And your ridiculous time-wasting molestation game is pathetic, just like you. 1. You do not bring light, you bring failure. 2. Investors are buying U.S. treasuries which confirms the stupidity of Chambers and of you. 3. It is in fact S&P that cost the U.S. $3-Trillion in the last weeks. 4. THE IDIOTS ARE JOHN CHAMBERS AND PEOPLE LIKE YOU.

[lucisferre257]

@utoobster2 wrote, "g) If you think you understand economics & finance better than Treasury-Secretary Geithner or the Fed / FRB, I suggest both U & your girlfriend Chambers get an education".

Tim Geithner, in a recent TV interview, was asked about the S&P downgrading, and he said that they definitely will not downgrade America from a triple-A status, even though the S&P had given in a one in three chance previously and a one in two recently. He's either delusional, stupid...or both.

[lucisferre257]

Dear utoobster, 1. Lucis Ferre means bringer of light. 2. People are rushing to treasuries and gold because they anticipate massive monetizing of our national debt. 3. Blaming a credit rating agency for ones own earnings to debt ratio is moronic. We've been downgraded by Egan-Jones in July and now S&P. Moody's is next. Sorry, but trying to spend your way out of debt, is "stimulating" only if you're a compete idiot. That's like hiring people to upgrade your home when you can't pay the bills.

[utoobster2]

John Chambers should be arrested for TREASON against the U.S.Give him life in prison, or, second-best, would be he kills himself once he realizes the damage he caused to Americans & the world. S&P are the corrupt, inept, mathematically-challenged, stuffed-shirt bafoons that caused a big part of the deficit. S&P handed-out AAA credit-ratings on toxic-mortgages that triggered the 2008 global collapse. No true American could sell-out his country like Chambers & Beers did. Prison or Death!!!!

[utoobster2]

John Chambers should be arrested for TREASON against the U.S.Give him life in prison, or, second-best, would be he kills himself once he realizes the damage he caused to Americans & the world. S&P are the corrupt, inept, mathematically-challenged, stuffed-shirt bafoons that caused a big part of the deficit to -- S&P handed-out AAA credit-ratings to toxic-mortgages that triggered the 2008 global collapse. No true American could sell-out his country like Chambers did. Prison or Death!!!!

[utoobster2]

Attn: "lucisferre257" ---continued--- f) the price of U.S. Treasuries has INCREASED despite the S&P downgrade, and despite clueless-individuals (that would be you,) crying over the weakening-dollar. g) The FRB has monitored closely the value of the dollar, and has properly balanced the equation between inflation and deflation. g) If you think you understand economics & finance better than Treasury-Secretary Geithner or the Fed / FRB, I suggest both U & your girlfriend Chambers get an education.

[utoobster2]

Attn: "lucisferre257" a) your sign-in name is synonymous with evil, so your credibility is zero, b) I work very hard for what I have, including a solid credit-rating from paying my bills on time, c) I am perfectly sane, unlike you and your absurd sign-in name and your simpleton economics comments, d) in times of severe economic-crisis, it is acceptable for the debt-to-gdp ratio to exceed 100% in order to stimulate the economy, e) u, Chambers&Beers come back when u want your ass whooped again.

[utoobster2]

Attn: "lucisferre257" a) your sign-in name is synonymous with evil, so your credibility is zero. b) I work very hard for what I have, including a solid credit-rating from paying my bills on time, c) I am perfectly sane, unlike you and your absurd sign-in name and your simpleton economics comments. d) in times of severe economic-crisis, it is acceptable for the debt-to-gdp ratio to exceed 100% in order to stimulate the economy, e) u, Chambers&Beers come back when u want your ass whooped again.