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.
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
THE Dutch were not terribly surprised this morning when Standard & Poor's, a rating agency, downgraded their country’s credit rating from AAA to AA+. The loss of status felt rather like the latest chapter in a years-long fall from g... Read Post