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Thread: Moodys set to down grade US again

  1. #1
    Senior Member gmhr1's Avatar
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    Default Moodys set to down grade US again

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  2. #2
    Senior Member Franco's Avatar
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    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.
    Where do we go without great leaders for the defense of our liberties? Who will defend our right to live our lives _as we chose_ without others taking that from us? The answer is, as it should be, no one. We are the defense of our rights and should always remember that. Libertarian blogger

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