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News Link • Economy - Economics USA

Moody's blackmails GOP to keep the pork a flowing

• Reuters

The United States may lose its top-notch credit rating in the next few weeks if lawmakers fail to increase the country's legal borrowing limit and the government misses debt payments, Moody's Investors Service warned on Wednesday.

Moody's is the first of the big-three credit rating agencies to place the United States' Aaa rating on review for a possible downgrade, meaning the agency is close to cutting the country's rating.

1 Comments in Response to

Comment by Lola Flores
Entered on:

I don't really think that Moody is doing the blackmailing here but, rather, aiding and abetting The Bernak's master plan of eternal servitude and damnation for the American working people.  It takes two to tango.  Moody ain't no saint but neither is the Fed or the corporations who own it.

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