S&P downgrades US credit rating from AAA

Comments

[Super Blue]

This is what happens to countries who carry on applying Brownomics - a policy inspired by Red Ed and Redder Ed.

[Jamie]

Yeah 'coS Osborne and Cams economic policies are really working.It;s hurting, but not working! Wouldn't mind so much if it was working.

Cam and Osborne also need to get their backsides back to this country.

[Dawn Carpenter]

Let Hague stay in charge.

[Joe De Mocritus]

This just reinforces the basic truth that you've got to earn it before you can spend it.

[Super Blue]

"Jamie" is obviously Cokehead Baldwin's latest mouthpiece and had Jack Stone as an English teacher. Britain's economy is growing as much and as securely as is possible after thirteen years of Labour profligacy and the deficit is falling towards eventual elimination.

You, on the other hand, would sooner see the arsonists in charge than the fire brigade.

[Lindsay Jenkins]

China has just (verbally) attacked the US for its debt addiction.

That is rich coming from a country which has achieved phenomenal growth from exports funded by a cheap currency (against the dollar)which it refuses to revalue.

Te trillion dollars of US debt is the inevitable equal and opposite reaction.

[Dawn Carpenter]

The compromise bill which was passed amid such controvesy may well be ruled to be unConstitutional by the US Supreme Court. For a certainty the bill will be challenged. That would have been a large factor in the conclusion of S&P that the economic situation was unstable. http://www.nysun.com/editorials/a-dangerous -delegation/87447/

[Dawn Carpenter]

The compromise bill which was passed amid such controvesy may well be ruled to be unConstitutional by the US Supreme Court. For a certainty the bill will be challenged. That would have been a large factor in the conclusion of S&P that the economic situation was unstable. http://www.nysun.com/editorials/a-dangerous-delegation/87447/

[Dawn Carpenter]

The first transmission of my post did not highlight the link. Anyone interested, please use the link in the second transmission @ 18:46.

[openeyes]

The BEST thing about the west running out of money is that the left will have to grow up & start living in the real world, no more speending what they don't have, like buying the feckless flat screen tv's, play stations & mobile phones.

Happy days are here again...............well it's making me happy seeing the left scream like a baby having it's dummy taken away :O)

[Black Monday]

But who are Standard & Poor's, are they Economic terrorists?

[funny]

Many of us knew the messiah would be a poor president so it’s extremely satisfying watching him crash & burn.