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Standard and Poors Downgrades US Debt

 
Nikola Tesla
Reddy Kilowatt

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06/05/2012 04:53 PM

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Standard and Poors Downgrades US Debt
The MSM is certainly making an effort to not report any negative facts regarding the US economy.

Here is the story and the link from the Telegraph.UK:

[link to www.telegraph.co.uk]

"US is stripped of its AAA credit rating for the first time
American government debt is no longer one of the world's safest investments according to ratings agency Standard & Poor's, which last night stripped the world's biggest economy of its top credit rating for the first time".

Better get used to finding your news on GLP or a few other places. You sure are not going to get the facts from the MSM news.

This has been predicted for quite some time and now it has come to fruition.

Comments?


Last Edited by Nikola Tesla on 06/05/2012 10:44 PM
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Anonymous Coward
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06/05/2012 04:54 PM
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Re: Standard and Poors Downgrades US Debt
Thread: 16th June
Anonymous Coward
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06/05/2012 04:56 PM
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Re: Standard and Poors Downgrades US Debt
By Richard Blackden, New York
5:43AM BST 06 Aug 2011
Six Six Six

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06/05/2012 04:58 PM
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Re: Standard and Poors Downgrades US Debt
God... the MSM is such a joke. I have ranted about this often. They are NOT reporting anything of substance or anything that actually affects the masses. Nothing but fluff and distraction on MSM. They are completely downplaying the global economic situation. They are treating ALL countries outside the US as if they are the planet Pluto! Like, it does not matter or affect the US in anyway. As for the US economy itself, according to the MSM, things are "OK". Despite the severe bleeding and downward spiral... they are pretending everything is and will be OK.

It's mindblowing how the MSM, is beyond lies at this point.
They are simply keeping the sheeple in the dark to what is really going on out there.

They also downplay and barely mention any earthquake, tsunami, typhoon, hurricane, volcano, damage done OUTSIDE the USA anymore. It's as if, Amercia has become it's own Planet now. WORLD NEW MY ASS!

Thread: Can we please discuss why the MSM media is NOT talking about ANYTHING posted in GLP?


whatever

Last Edited by Six Six Six on 06/05/2012 04:59 PM
Biko
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06/05/2012 04:58 PM
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Re: Standard and Poors Downgrades US Debt
Old news, sweetie. You need to check the date of your story.
The Orignal.
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Anonymous Coward
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06/05/2012 04:58 PM
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Re: Standard and Poors Downgrades US Debt
Think about how far out of touch you are on this subject. Then apply the possiblility that you are that far out of touch on many other things and begin to realize...
Six Six Six

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06/05/2012 05:01 PM
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Re: Standard and Poors Downgrades US Debt
Think about how far out of touch you are on this subject. Then apply the possiblility that you are that far out of touch on many other things and begin to realize...
 Quoting: Anonymous Coward 1215807


So you're saying the economic situation of the USA has improved since? All of a sudden, old news is irrelevant?

People used to call it... History. Because it mattered.
Biko
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06/05/2012 05:05 PM
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Re: Standard and Poors Downgrades US Debt
Think about how far out of touch you are on this subject. Then apply the possiblility that you are that far out of touch on many other things and begin to realize...
 Quoting: Anonymous Coward 1215807


So you're saying the economic situation of the USA has improved since? All of a sudden, old news is irrelevant?

People used to call it... History. Because it mattered.
 Quoting: Six Six Six


Well the premise was "BREAKING" and the fact that the MSM was ignoring it. The fact is that it is a year old and it was BIG MSM when it happened.

Despite all the history buffs out there we seem unable to prevent ourselves from repeating its fail.
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06/05/2012 05:17 PM
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Re: Standard and Poors Downgrades US Debt
This is the same company who gave triple AAA ratings to all those fake CDOs for the last 10 years, these fake rating brought down the housing and other markets, these fake ratings made people who invested in the triple AAA bonds feel that the CDOs were worth what the triple ratings were claiming. Why do we have to trust any rating they ever give now?. S and P were paid by the banks to rate the fake CDOs triple AAA, the company should be closed and the owners should be in Jail.

Obama spent more money that all the previous presidents? wrong, the banks got all that money from the FED, a private central bank, which is a government onto its own. They bailed out themselves and paid their overseas debt with tax payer money, the whole government of both parties gave the FED this authority was back in 1913 and they still do so to this day.

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