What would a downgrade to U.S. Public debt mean to Treasury-backed Money Markets and reitirement accounts whose security profile requirements stipulate that they must be backed by no less that AAA grade securities?
Answer that …would you?
Category: Debt Ceiling
Inside The Senate’s Old & New Debt Limit Proposals
Inside The Senate’s Old & New Debt Limit Proposals
Someone’s Milking Your Cows
Who in their right mind would openly welcome …let alone, invite a jab in the eye with a sharp stick?
For a look-see of a chart of the deficit, follow this link:
http://www.msnbc.msn.com/id/42902760/ns/politics-more_politics/t/can-automatic-spending-cuts-solve-deficit-dilemma/#slice-3
If this is Indicative of business as usual; how dangerous would it be to place a bet on the come?
I would suggest yes on both accounts …an example of assumption on a grand scale …the likes which equate to …the value of real estate will never fall …but, continue to rise forever.
Or, how about trying this assumption on for grins and giggles: America can afford business as usual …for as long as it takes for value to return …when property values stop falling …like a knife?
These assumptions bet on the come.
- Accountability VS Shame and Blame
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Cut, Cap & Balance
In my humble opinion, there’s got to be a better way to safeguard fiscal sanity other than by putting a chastity belt around the federal government’s purse strings.
They put muzzles on mean wild dogs don’t they?
Horses and stagecoaches come equipped with reins, yes?
- Accountability VS Shame and Blame
- Ballanced Budget
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- Uncategorized
Moody’s Plausible Probable Likelihood
Moody’s A Plausible Probable Likelihood
Are you kidding?
“…in the wake of the worst political rancor since the civil war …â€
Jim Crammer Friday, July 15, 2011
In Washington …the nature and rules of brinkmanship’s dynamics are always being written and rewritten, as they have been time after time again.
Why then would …or, what then could make the question as to whether or not Congress will raise the debt ceiling before the last minute …a question whose lackluster resolve’s and groaning dynamics different any more than any other thing which this “do-nothing†Congress has touched recently?
Well, then …consider this point of conjecture.
But let me set the stage first.
Is there any one you know that …when they walk into the room, there is a rushing like mighty sucking noise?
You know …the sort of person/organization who believes and acts as though the whole damned world’s charter was meant to serve as a mandate which justifies and encourages wiping their feet on any who take up an opposing issue …regardless of the costs.
And if you have any doubt about it …just ask them.
Well, in Washington’s play …I believe that its brinksmanship in its (ownership) matter of the debt limit debate …merely serves as just such a sucking example …one in which partisan politics extols all of the best virtues and all the worst vices of wiping one’s feet on the other …all at the expense of “…We the People …â€