Joe Weisenthal notes an interesting line in the S&P’s full report detailing the infamous US credit downgrade: Compared with previous projections, our revised base case scenario now assumes that the
“Markets will rise and fall. But this is the United States of America. No matter what some agency may say, we’ve always been and always will be a triple-A country.”
The mainstream media always employs the “Geithner shield” when quoting the United States Treasury Secretary, Timothy Geithner. After former Obama adviser Christine Romer said America is “pretty darn fucked” on
Huffington Post reports: Credit rating agency Standard & Poor’s on Friday downgraded the United States’ credit rating first time in the history of the ratings. The credit rating agency said that
