Sheila Jackson Lee: Let’s face it, this debt-ceiling battle is racial

Allahpundit HotAir.com 7/15/2011

In case you thought Debt Ceiling Week couldn’t get any lower, a reminder from your friendly neighborhood eeyoreblogger that things can always get lower. This is the perfect ending, in fact: Now that we know the negotiations are purely political, here’s SJL accepting them on their own terms as an opportunity to […]

Moody’s Just Threatened to Slash the US Credit Rating

Joe Weisenthal Business Insider 6/2/2011

Finally, a logical warning on US credit.

Moody’s is out with a comment saying that if there’s no imminent progress on the debt ceiling fight, the US credit rating will be cut.

This makes total sense, and we applaud Moody’s for doing their job: Identifying an imminent (real) issue, and […]

Moody’s fears ‘social cohesion’ as AAA states retrench

The world’s five biggest AAA-rated states are all at risk of soaring debt costs and will have to implement austerity plans that threaten “social cohnesion”, according to a report on sovereign debt by Moody’s.

By Ambrose Evans-Pritchard Telegraph [UK] 15 March 2010

The US rating agency said the US, the UK, Germany, France, and […]

Moody’s Says U.K., U.S. Aaa Ratings Relatively Weaker

By Matthew Brown and Rocky Swift Bloomberg.com December 8, 2009

Dec. 8 (Bloomberg) — Moody’s Investors Service said its top debt ratings on the U.S. and the U.K. may “test the Aaa boundaries” because their public finances are worsening in the wake of the global financial crisis.

The U.S. and U.K. have “resilient” Aaa […]

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