If the choice is a 2 year note or my mattress I don't know which I'd pick...
Wasn't it longer term debt that was downgraded but short term debt was reiterated at AAA?
America Is Doooooooooooooooooooooooomed!! Downgrade Tonite!
- Thread starter KINGOFSHORTS
- Start date
If the choice is a 2 year note or my mattress I don't know which I'd pick...
Wasn't it longer term debt that was downgraded but short term debt was reiterated at AAA?
After reading the release,
S&P is the onlyl dowgrade.
Moodys and Fitch held the AAA+ for now.
S&P has fired the first shot at the idiots in DC. If they do not get the hint, we could see Moodys and Fitch Follow.
With that said, it's a split rating which is still atractive to investors.
So, We could see a Knee jerk reaction...however ......I do not think this will do much but put the liberals on notice..that OBAMA is a idiot as are the old guard R.s THE Ds are already retarted and we know that.
So, I doubt we will see much bleeding after a knee jerk move down, could be a great buy for a pop play.
S&P is the onlyl dowgrade.
Moodys and Fitch held the AAA+ for now.
S&P has fired the first shot at the idiots in DC. If they do not get the hint, we could see Moodys and Fitch Follow.
With that said, it's a split rating which is still atractive to investors.
So, We could see a Knee jerk reaction...however ......I do not think this will do much but put the liberals on notice..that OBAMA is a idiot as are the old guard R.s THE Ds are already retarted and we know that.
So, I doubt we will see much bleeding after a knee jerk move down, could be a great buy for a pop play.
It seems like a lifetime ago. Arch-Republican Nixon himself had the stated goal of eliminating dependency on imported oil.
The goal was to have it done by 1980. Progress was being made.
And then came the Reagan administration with bread and circuses. It is impossible to be both "small government" and "america first" and supportive/appreciative of Reagan's policies.
As that poster you are dismantling illustrates, what American voters claim they want is completely different from what they actually vote for.
Hey Random. My thoughts exactly. In fact, here is a link to what Carter tried to do with the dept. of Energy.
http://www.energybulletin.net/node/9657
His intentions with the Federal bureaucies may have been good--aren't they always? However, there was plenty of historical precedent to show top-down centralized planning wouldn't do anything but stifle energy and education. As a result, the Dept of Energy now has 16,000 employees and cost $24 billion a year to run. And our energy problems have only grown worse.
In addition, he was a very bad president according to my inverse gold indicator. The higher the price of gold, the more fear/uncertainty/economic problems are associated with that era. According to it, he, Bush Jr, and Obama have been among the worst. I don't think the indicator is very useful pre-1971 (when we at least had a quasi-gold standard), but it has been since.
Granted, Carter shouldn't get all the blame for the late 70s. Presidents always get too much credit/blame for what goes on in their terms--but he certainly deserves some.
S&P 500 to 1000 by fall
Recession ahead
oil prices going to collapse
USD further to tinker into the tanker
A big war with Iran/Syria/Lebenan is coming
China going to stop exporting cheap goods to USA
First it will be Deflation and then Hyperinflation.
World and the US Middle + Poor Class got SUCKERED by the US RATS and DEMORATS like Clinton and Obama.
Time to boil rice + potatos for lunch and supper and ride a bicycle to work for those who are lucky enough to have one.
ps: RATS Republicans are Traitors.
Recession ahead
oil prices going to collapse
USD further to tinker into the tanker
A big war with Iran/Syria/Lebenan is coming
China going to stop exporting cheap goods to USA
First it will be Deflation and then Hyperinflation.
World and the US Middle + Poor Class got SUCKERED by the US RATS and DEMORATS like Clinton and Obama.
Time to boil rice + potatos for lunch and supper and ride a bicycle to work for those who are lucky enough to have one.
ps: RATS Republicans are Traitors.
Quote from toc:
S&P 500 to 1000 by fall
Recession ahead
oil prices going to collapse
USD further to tinker into the tanker
A big war with Iran/Syria/Lebenan is coming
China going to stop exporting cheap goods to USA
First it will be Deflation and then Hyperinflation.
World and the US Middle + Poor Class got SUCKERED by the US RATS and DEMORATS like Clinton and Obama.
Time to boil rice + potatos for lunch and supper and ride a bicycle to work for those who are lucky enough to have one.
But if most Americans can watch all their reality/talent shows and have enough junk food in the kitchen, they won't complain...
The best short trade of this century is now in the making!
As a prediction, over the next 12 weeks or so, the Ratings of US Government debt will be continously lowered until a rating of CCC is reached by the end of October.
ZB finished trading today at 132 and by the end of October 2011 it may be trading at 13.2!
As a prediction, over the next 12 weeks or so, the Ratings of US Government debt will be continously lowered until a rating of CCC is reached by the end of October.
ZB finished trading today at 132 and by the end of October 2011 it may be trading at 13.2!
Anyone short the Z futures ?
I bet that rakes quite the cash on Sunday night.
FoN
I bet that rakes quite the cash on Sunday night.
FoN