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04-20-2011, 09:50 AM #1
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Chinese Animated S&P Downgrade Warning
S&P downgrades outlook on US debt to negative
Video: Chinese Animated S&P Downgrade Warning http://www.youtube.com/watch?v=rc96k58r ... r_embedded
Apr 19, 2011
http://www.nma.tv
Standard & Poor's has changed its outlook on US credit from "stable" to "negative." There is a one-in-three chance S&P will soon downgrade the US's previously rock solid triple-A rating. The grim news sent the stock market plummeting on Monday and sent investors into a panic. S&P based its decision on fears partisan disagreements will stall a budget resolution through 2013. The Obama administration is trying to downplay the news while still asking for support to raise the deficit ceiling. How much longer until America drowns completely in debt?Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
DHS says 'privacy' of migrants on terrorist watchlist is greater...
05-17-2024, 09:42 PM in illegal immigration News Stories & Reports