Old Montana cowhand story: Rancher goes to see the banker. He says, "Hoss, I got good news and bad news. Bad news first. I lost 20 grand. Now, for the good news - I'm gonna stay with you!"New York - According to a “New York Times” story, Standard & Poor's credit rating agency is contemplating further downgrades to the U.S. Treasury's benchmark rating.
The top officials of the S&P organization said fundamental differences on both sides of the Congressional aisle just seem to persist about how to pay the nation's debts.
After an announcement on Friday that lowered the nation's AAA rating to AA+, the agency's chairman defended his company's action. “The debacle over the debt ceiling continued until almost the midnight hour,” said John B. Chambers, chairman of S.& P.’s sovereign ratings committee. Another S.& P. official, David Beers, added that “fiscal policy, like other government policy, is fundamentally a political process.”
YO! SUGAR BLUE! TALK AT ME, OLD TIMER! WE GON' COME AROUND THE SQUARE WITH SOME PUERTO RICAN GIRLS JUST DYIN' TO MEET YOU! Like, watch this here Bluesmobile just haul off and fly when the whip comes down, now. - The Legendary
The top officials of the S&P organization said fundamental differences on both sides of the Congressional aisle just seem to persist about how to pay the nation's debts.
After an announcement on Friday that lowered the nation's AAA rating to AA+, the agency's chairman defended his company's action. “The debacle over the debt ceiling continued until almost the midnight hour,” said John B. Chambers, chairman of S.& P.’s sovereign ratings committee. Another S.& P. official, David Beers, added that “fiscal policy, like other government policy, is fundamentally a political process.”
YO! SUGAR BLUE! TALK AT ME, OLD TIMER! WE GON' COME AROUND THE SQUARE WITH SOME PUERTO RICAN GIRLS JUST DYIN' TO MEET YOU! Like, watch this here Bluesmobile just haul off and fly when the whip comes down, now. - The Legendary
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