[Vision2020] CNN Breaking News

[Donovan Arnold]

The good thing about a democracy is you get what you voted for. And the bad thing about democracy is you get what you voted for. Unfortunately, it is going to take much more than a downgrade of AAA to AA+ from S&P to make the American people respond to this economic crisis. I heard on NPR today that only 58% of the adult US population is employed. Scary! 
 
Donovan Arnold

From: Tom Hansen <thansen at moscow.com>
To: Moscow Vision 2020 <vision2020 at moscow.com>
Sent: Friday, August 5, 2011 7:17 PM
Subject: [Vision2020] CNN Breaking News

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
--------------------------------------------------------------------------


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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