The Political Agitator

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Archive for the ‘eurweb’ Category

Between the Lines: The Standard and Poor’s Rating Downgrade and What It All Means –Source: eurweb

Posted by Curmilus Dancy II (Butch) on August 11, 2011

*Within a week of Congress passing its compromise debt-ceiling legislation, and a week after President Obama signed the legislation into to law, raising the debt ceiling a measly $2.4 trillion dollars, the Wall Street markets, and the global markets tied to it, have been in a constant downward trend. Nearly every economist predicted it. (Read more)

Posted in Debt Ceiling, Debt Rating, Democrats, eurweb, President Barack Obama, Republicans, Standard & Poor, Tea Baggers, Tea Party | 1 Comment »

 
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