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Thread: Moodys set to down grade US again

  1. #1
    Senior Member gmhr1's Avatar
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    Feb 2004

    Default Moodys set to down grade US again

    RIP Bear.

  2. #2
    Senior Member Franco's Avatar
    Join Date
    Jun 2003
    DuLarge-Dulac-Cocodrie Metroplex, La.


    Looks to me like Moody's is trying to set US Budget policy.

    "If Congress and the White House don't reach a budget deal, about $1.2 trillion in spending cuts and tax increases will automatically kick in starting Jan. 2, a scenario that's been dubbed the "fiscal cliff," because it is likely to send the economy back into recession and drive up unemployment.


    WE are taxed enough, time to cut the fat and waste!
    Last edited by Franco; 09-11-2012 at 10:54 PM.
    Libertarians tend to be self-reliant individualists. That may be what I like most about Libertarians. It may also be what keeps us a small minority. We prefer to keep the power to decide for ourselves and provide for ourselves. Libertarian blogger

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