Alan Simpson, the former out-spoken Republican Senator from Wyoming stayed true to his colors and called out the Teaparty members in Congress for their unwillingness to compromise, a position that led to the decision of S&P to downgrade America’s credit….
Tag: downgrade
Teaparty members are Republicans of a whole new kind, and this kind of Republican is not one we’ve ever seen in the history of this nation. Yes, we will always have ideological differences, but this group seems to want the…
On Friday, the rating agency, S&P downgraded the United States credit from AAA to AA+. A move the agency claims was necessary because of the constant political battles fought in Washington by the two political parties. Then today, S&P added…
The Standard & Poors rating agency has, for the first time in America’s history, downgraded America’s Credit ratings, from a Triple A rating to AA+ ratings. The agency cites the political system in Washington as one of the reasons why the credit…