Tag Archives: us debt

Who would trust Standard and Poor’s?

By Michael Collins

Standard and Poor’s finally did it.  They downgraded the credit rating of the United States from AAA to AA+.  There are serious questions about the reliability of S&P.  The White House pointed out that there is a $2 trillion error in the calculations used for the downgrade.  Ths is of interest since the two other agencies failed to change the AAA status of the US. (See S&P downgrades U.S.)

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Charge It

By Laughnmatter

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