CNBC Sept 14 2012 - US credit rating cut by Egan-Jones again.
Obama administration "quantitative easing" (pumping or overprinting money) is blamed
for the credit downgrade to AA- from AA.
S&P also rates US credit at AA-, and Moodys Investor Service also downgraded
US credit last year and will do so again if the Democrat majority
Senate does not pass a budget. (The republican House has passed
several budgets only to be blocked by the Democrat Senate)
The US has long enjoyed a AAA credit rating until two years after
Obama was in the White House.
if you are going to lie about the situation-do it in a country that doesn't have a radio or t.v.! does this ring a bell? SUPERCOMMITTEE? republican party turn down since it taxed the RICH! rating lowered afterwards! ring a bell-house of rep ( controlled by rep. party).recently rejected a bill that would not give tax breaks for cos, that shipped business overseas! ring a bell-house of rep. considered to have the worst record since world war two! i'm not a dem. or rep. ( i go for who is helping the country) but it's obvious they are shooting themself in the foot continuously & the polls show it! nothing to hang their hat on except turning down everything.