[Vision2020] CNN Breaking News

Tom Hansen thansen at moscow.com
Fri Aug 5 18:17:27 PDT 2011


Read on, V-Peeps.

More "good" news to pass on to the Tea Party stench, the cause behind this
downgrade.

http://money.cnn.com/2011/08/05/news/economy/downgrade_rumors/index.htm

The downfall of the market this week may foreshadow things to come.

Seeya round town, Moscow.

Tom Hansen
Moscow, Idaho

"Believe we're gliding down the highway
When in fact we're slip slidin' away."

- Paul Simon


---------------------------- Original Message ----------------------------
Subject: CNN Breaking News
From:    "CNN Breaking News" <BreakingNews at mail.cnn.com>
Date:    Fri, August 5, 2011 5:31 pm
To:      textbreakingnews at EMA3LSV06.TURNER.COM
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Rating agency Standard & Poor's says it has downgraded the U.S. credit
rating to AA+ from its top rank of AAA.

Rating agencies analyze risk and give debt a "grade" that reflects the
borrower's ability to pay the underlying loans.

The safest bets are stamped AAA. That's where U.S. debt stood for years.



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