Is the tea party happy that Standard and Poor's, the credit rating agency, downgraded the United States' credit rating for the first time ever?
You'd think that was the case if you were in the crowd at a tea party rally in Fond du Lac, Wisconsin, on Sunday morning. The Tea Party Express rolled into that northeastern city as part of its tour to bolster the six GOP state senators facing recall elections on Tuesday.
Silence. It’s been 48 hours now since Standard and Poors downgraded the US credit rating. On Friday the United States lost its coveted AAA credit rating. Credit rating agency Standard & Poor’s downgraded the nation’s rating for the ... Read Post
Just what many feared happen has now happened: Standard & Poors has just downgraded the United States once-stellar debt credit rating: Credit rating agency Standard & Poor’s on Friday downgraded the credit rating of the United State... Read Post