If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States

No shit, Sherlock.

Not just for the US - the entire global monetary system is collapsing. It will be hell for the elite.

Is it just a coincidence that as we find out white babies are now the minority in America, our credit goes to shit?

[link to www.cbsnews.com]

That's funny! But true.

All the extra money not being invested in the USA will go to Canada.

Was listening to the CBC last night and they were talking about if the USA loses its AAA rating then there is going to be a huge sell off of bonds. A lot of funds require that only AAA be held and they would need to dump it if USA loses its AAA. I guess it would be the start of an avalanche or a shit blizzard if you will.

the debt can be paid off.

That's the thing. It can't. As soon as the first dollar was borrowed, 1.01$ was needed to be repaid. So where do you get that extra cent? Borrow another dollar, but now you need to repay 2.02$ ad infinium

that's not true the government doesn't borrow money to use its own money. the federal reserve holds part of our debt, just as social security.

The government doesn't use it's own money. It uses Federal Reserve Notes which are debt instruments. Look up United States Note and Federal Reserve Note if you don't believe it.

Obama says time for debt plan running out
Rejects need for balanced budget amendment WASHINGTON (MarketWatch) — President Barack Obama pressed for a “big” deficit-cutting deal on Friday but said he and Congress should at least get a “down payment” on cutting the budget soon.

Speaking at his second news conference of the week, Obama urged congressional leaders to come up with a plan within 24 to 36 hours and warned again of the consequences of a default on obligations.

“We are obviously running out of time,” Obama said. He said default would amount to a “tax increase on everybody.”

A fresh warning late Thursday from credit-ratings agency Standard & Poor‘s added to the urgency of the debt-ceiling talks. The firm said it put U.S. sovereign ratings on formal credit watch and that there’s a “one-in-two likelihood” that it could lower the long-term rating on the United States within the next 90 days.

House Republicans said Friday it’s time for Democrats to “get serious” and said the Republican-controlled House would vote on a bill next week to cut the deficit, cap spending and add a balanced budget amendment to the Constitution.

“We’re in the fourth quarter here,” House Speaker John Boehner said Friday morning. The bill would raise the debt ceiling by $2.4 trillion and enact matching spending cuts.

[link to www.marketwatch.com]

On the flip side, maybe I would get a decent rate on my CD's. Just saying.

That may seem like the main issue to you but the real issue at hand is the loss of our Protestant faith due in large to hispanic/latin invasion.

The major problem that nobody has mentioned is the fact that instead of 1/3 of all our taxes going to service the debt, with higher interest rates, it wil be 2/3s of our money to pay the interest. This would be terminal for the country. We need to get the cancer out of Washington. Get rid of all th big government progressives regardless of which party they are in. Find candidates that believe in small (limited) goverment.

We're past the point of no return for debt. An excellent analysis, although not an easy read, can be found in the book "This Time is Different" by Reinhart and Rogoff. I suggest that to anyone that wants to seriously understand the problem.

let me get htis straight...........your saying the poor (blacks) have caused this downgrade.
we have only had a shot at cleaning up others messes made from the begining of the U.S. history just now...and you can't even count him because he is not for us.

any chance you can get the slam the blacks you'll take it right!

Silver lining!!!

I can't wait.

It will just mean that Bernanke will go down in history as an EPIC FAIL !!!!

Must not be too bad....The market is up today and the week.



.

You are an excellent example of the complete fail of the American public education system.

Zeshua right again.

LOL ... the US is not going to lose it's credit rating, or default, or any of this other nonsense. We are still the wealthiest nation in the world, and we are also the worlds' last remaining superpower. The sun will not set on the American empire for many many more years to come.

dear one the US GOVERNMENT hasn't had an AAA rating for a long time now, that is garbage. And why do you ones keep paying taxes to the CORP usa government? You are not being taxed for roads and services dear ones, you are being taxed for their PRIVATE WARS and other private objectives.
PONDER THAT ONE.

I am going to state the truth AGAIN over and over and over in these threads.

The FEDERAL RESERVE system is not the US of A Central Bank, it is the CENTRAL BANK of he CENTRAL Banks of this world, and it does maintain offices in this country. When a Chairman is appointed, he is appointed to a global position and not just the US of A.

I have proof of this, I assure you, I have been passed samples of what they do.

I can also say Saddam Hussein as of a few years ago, long after his supposed arrest and death, was also on the committee of 300 and signing papers for them. OK. and the committee of 300 signs an awful lot of the Federal Reserve papers.

Plus the QUEEN OF ENGLAND people.

Now since the Khazar Zionist Bankers of this world, those rockyfellers and rothkids, have really been bad managers, and own a lot of money, which they borrowed a huge amount from the very wealthy chinese dragons, the chinese dragon has taken over the entire Federal Reserve system and they pull the financial strings since early this year, actually a bit earlier.

Some of you read the suitcase story here on GLP. It's mostly true except the technology reveals was not on the level. The suitcase story is hwo they acquired the FED.

Now they are not paying for wars against their interests in this world. We went to Libya to steal ancient artifacts and ancient technologies, and you Christians, this stuff they wanted predates your OT.

Notice Libya is not on the new much lately, I suppose that is over now, thankfully. They did not win.

At any rate, this big bunch of shit on TV is related to the FACT the Chinese are not funding our shit.

Only a small amount of revenues to the actual treasury. YOU INCOME TAXES which is the stealing of your personal property, go straight to the FEderal Reserve as do all income taxes in this world under that system. our CORP US of A, borrows money from the global FED, and then YOUR TAXES pay that back and so far there is not enough to pay it back, not even the Interest.

You ones have allowed all of this by the way.

Yes, get rid of the Federal Reserve and all will be fine.

US Treasury needs to print its own intest free money, end of story. See Lincoln and JFK.

The Federal Reserve is NOT part of the government. It is privately owned and run outside the government.

:SpitShine:

that's the scam

I'm pretty sure the US got downgraded to AA one or two months ago.