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Under Obama’s failed economic policies America’s debt is again downgraded

~ The Rebel ~ 2012/09/15 02:44:40

Egan-Jones downgrades US debt rating to AA- from AA, citing Fed's plans to stimulate economy

NEW YORK — Egan-Jones, an independent credit-research firm, downgraded its rating on U.S. government debt to AA- from AA on Friday, citing the Federal Reserve's plans to try to stimulate the economy.

The credit rating agency said the Fed's plans to buy mortgage bonds will likely hurt the economy more than help it.

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  • burningsnowman 2012/09/15 04:45:53 (edited)
    burningsnowman
    +1
    Let's give more money to the banks that are hoarding it already, that will fix everything! Maybe cut corporate taxes too, even though the big ones pay nothing. And some more "free trade!" Yeah, that's a great one thanks Obama! Why not QE4, 5, 6, 7 and another "rescue" plan from Congre$$ while we're at it? But whatever you do don't bring up any more relief to the middle class and poor cause that's socialism!!
    6 7 rescue plan congre relief middle class poor socialism
  • angelbaby 2012/09/15 03:03:04
  • burning... angelbaby 2012/09/15 04:43:02
    burningsnowman
    +2
    America needs to be more like Iceland. Arrest Obama and the bankers!!!
  • angelbaby burning... 2012/09/15 20:51:45
    angelbaby
    +1
    Amen to that!
  • burning... angelbaby 2012/09/15 04:53:14
  • angelbaby burning... 2012/09/15 20:55:55

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2014/11/27 08:23:21

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