Which Countries today have Triple A Credit Rating?
- Thread starter Whoson1st
- Start date
Re: Which Countries today have Triple A Credit Rating?
S&P still has a triple-A rating on Australia, Austria, Canada, Denmark, Finland, France, Germany, Netherlands, Norway, Singapore, Sweden, Switzerland, the United Kingdom,
S&P still has a triple-A rating on Australia, Austria, Canada, Denmark, Finland, France, Germany, Netherlands, Norway, Singapore, Sweden, Switzerland, the United Kingdom,
Re: Which Countries today have Triple A Credit Rating?
America's credit rating is going to get even worse.
The only thing that can save the country is a filibuster-proof Tea Party Congress and presidency.
There's just no compromising with Marxist progressives.
WAKE UP, AMERICA!
America's credit rating is going to get even worse.
The only thing that can save the country is a filibuster-proof Tea Party Congress and presidency.
There's just no compromising with Marxist progressives.
WAKE UP, AMERICA!
Re: Which Countries today have Triple A Credit Rating?
Downgrade shows DeMint was right
byDavid Freddoso
Follow on Twitter:@freddoso
He was right. (AP photo)
Throughout the debate over the debt ceiling, the media did all of us a great disservice. They reported as though the Republicans were threatening to ruin America's credit unless they got their way.
Closer to the truth: If only conservatives like Sen. Jim DeMint, R-S.C., had gotten their way -- i.e., huge spending cuts -- perhaps we wouldn't have just been downgraded by S&P. DeMint predicted ahead of time that none of the debt deals on the table except for "Cut, Cap and Balance" would prevent a downgrade. He has been vindicated.
The bond-rating houses kept saying all along that they weren't worried about the debt ceiling not being increased. Rather, they were worried about the long-term prospects of the U.S. government paying back $15-plus trillion, which is where our national debt (both publicly held and obligated to trust funds) will be shortly.
Because last weekend's deal didn't cut spending deeply enough, S&P has just downgraded us. We'll see just how disastrous this becomes -- some are arguing it's not such a big deal -- but consider this the market's revenge for TARP and the stimulus package. You run up the debt, Mr. President, you lose your good credit.
Downgrade shows DeMint was right
byDavid Freddoso
Follow on Twitter:@freddoso
He was right. (AP photo)Throughout the debate over the debt ceiling, the media did all of us a great disservice. They reported as though the Republicans were threatening to ruin America's credit unless they got their way.
Closer to the truth: If only conservatives like Sen. Jim DeMint, R-S.C., had gotten their way -- i.e., huge spending cuts -- perhaps we wouldn't have just been downgraded by S&P. DeMint predicted ahead of time that none of the debt deals on the table except for "Cut, Cap and Balance" would prevent a downgrade. He has been vindicated.
The bond-rating houses kept saying all along that they weren't worried about the debt ceiling not being increased. Rather, they were worried about the long-term prospects of the U.S. government paying back $15-plus trillion, which is where our national debt (both publicly held and obligated to trust funds) will be shortly.
Because last weekend's deal didn't cut spending deeply enough, S&P has just downgraded us. We'll see just how disastrous this becomes -- some are arguing it's not such a big deal -- but consider this the market's revenge for TARP and the stimulus package. You run up the debt, Mr. President, you lose your good credit.