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Standard & Poor's lowers long-term outlook for US debt to negative

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  • Standard & Poor's lowers long-term outlook for US debt to negative

    http://www.winnipegfreepress.com/bus...120057489.html


    The headline says it all. Stocks are selling off, Dow is down over 200 points as I type. Gold is up near 1500, silver is 43+.

    I need a xanax.

  • #2
    wow i seen that mb,things sure not looking good,,not lost AAA status (yet) look for more bailouts,Fannie and Freddie needin cash..WE ALL HAVE JUST BEEN WARNED!!!
    I HAD RATHER HAVE 12 HONEST PEOPLE JUDGING ME,AS TO HAVE 6 CARRYING ME...

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    • #3
      The banks were going to cut Americas AAA status to AA a couple yrs ago but Obama sent a couple of his goons(economic ambassadors) to the crediting banks and somhow "convinced" them to keep the dollar rating where it was.It looks like he better send a couple more.

      brother came in this weekend and we talked for hours about a bunch of stuff. He is a self-made millionaire, so we often talk financial. He’s brilliant in this area as evidenced by his wealth and we…

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