Moody's Says US Will Most Likely Retain AAA Rating

[mrplunkey]

Moody's expects to affirm U.S. rating, negative outlook | Reuters

Interesting...

 

[PICK3]

Apple now has more cash than the U.S. government - CNN.com

(CNN) -- Maybe the cash-strapped U.S. government should start selling iPads.

According to the latest statement from the U.S. Treasury, the government had an operating cash balance Wednesday of $73.8 billion. That's still a lot of money, but it's less than what Steve Jobs has lying around.

 

[bakemeacookie]

Told ya.

Nothing will happen. Media just loves doomsday stories and politicians love being dramatic. They love the attention.

c

 

[jackangel]

As if moody's, s&p, and that little bitch fitch had any meaning. After the shitfest of the last few years, the fact they they even exist anymore is proof that we like to ignore, bury head in sand, and kick the can down the road.

In any case, I'd be surprised if they were "allowed" to downgrade. It's about time for a "market positive" event.

 

[mrplunkey]

As if moody's, s&p, and that little bitch fitch had any meaning. After the shitfest of the last few years, the fact they they even exist anymore is proof that we like to ignore, bury head in sand, and kick the can down the road.

In any case, I'd be surprised if they were "allowed" to downgrade. It's about time for a "market positive" event.

That's what I was thinking too.

Choice 1) Let the US keep it's fake rating. Does anyone for a second really believe we'll pay our $14.5T debt?

Choice 2) Downgrade the US and spend the next five years in front of Congressional panels answering grandstanding questions in front of cameras.

 

[nimbus]

as long as we have the strongest military, we're the safest bet around. i'll take it

 

[ortiz34]

Does this mean more Foggers?

 

[mrplunkey]

Does this mean more Foggers?

It means the party gets to last a little longer.

They ran our credit card and it came-up "call customer service" and they decided to let us keep racking-up a tab!

I'll have a long island iced tea please.