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Silence on AAA rating & a possible theory

 
Jaws
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User ID: 1185374
United States
08/02/2011 11:58 AM
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Silence on AAA rating & a possible theory
With all the loud noise surrounding the debt ceiling and default game, ive heard/seen hardly a whisper about the ratings agencies and possible downgrade in the last few days, especially where it involves this particular deal. Seems to me if this deal were going to salvage our ratings we would have heard it by now loud and clear. Not only have we not heard from the agencies themselves but ive heard of no pol claiming this deal will save our rating..so the next question is, when will we loose our AAA status...this week? next? never??!? Timing is everything in these matters. I have a theory that one of the agencies will downgrade us soon. Then, as details of the cuts that the super congress will demand come out, we will be told that if the vote is a no vote that not only will the other agencies downgrade but that the original agency that downgraded may do ANOTHER downgrade. I would look for 2-3 days of almost doom on the day the first downgrade happens, but we will be " saved " by the fact the other agencies hold our rating still...so the memory of those 2-3 bad days will serve to scare anybody in congress from voting anything but yes to whatever the super congress says...classic cause the problem/provide the solution and keeps the ball rolling in the direction tptb desire..
Don't mess with imperfection
Anonymous Coward
User ID: 69144
United States
08/02/2011 12:00 PM
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Re: Silence on AAA rating & a possible theory
The whole rating system would be a joke, if we don't get downgraded. How the hell we keep a AAA is almost criminal. But I don't care, I know Wallst wants to see our rating go down so they can make even more billions of dollars.
Anonymous Coward
User ID: 1344979
United States
08/02/2011 12:54 PM
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Re: Silence on AAA rating & a possible theory
The whole rating system would be a joke, if we don't get downgraded. How the hell we keep a AAA is almost criminal. But I don't care, I know Wallst wants to see our rating go down so they can make even more billions of dollars.
 Quoting: Anonymous Coward 69144


Rating agencies are just as much a part of the racketeering as the other parts- SEC, Treasury, Fed, Wall St etc. they all work in tandem covering the others' backs and sharing insider advantage. Dont expect to be saved or monitored by another faction of the corrupt syndicate. Wont happen. (unless syndicate deems among themselves its favorable to crash US to bring in One World Gov). then it'll be bombs away!





GLP