Moodys set to down grade US again
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 09:54 PM.
I don't blame you. I blame bad policy. I blame the interventionists. I blame the neoconservatives who preach this stuff, who believe in it like a religion -- that they have to promote American goodness even if you have to bomb and kill people. In short, I donít blame America; I blame neocons." ó Ron Paul