Fitch downgraded the US credit rating citing the debt ceiling thing and the J6 indictments.

[sprinkleeninow]

Stocks sink after historic US credit rating downgrade

https://www.cnn.com/business/live-news/stock-market-news-today-credit-downgrade/index.html


Excerpt:
Former Treasury Secretary Larry Summers also called the timing of the change into question.

“The United States faces serious long-run fiscal challenges. But the decision of a credit rating agency today, as the economy looks stronger than expected, to downgrade the United States is bizarre and inept,” he said on Twitter, now formally known as X.

[C_U_L8R]

1. Republican clowns.

Can't blame Fitch for feeling uncertain with Republicans screwing everything up. But they should name names.

[sprinkleeninow]

2. Summers saying the downgrade decision doesn't match the actual state the economy is in.

And I don't trust this rating agency's or most of the Federal Reserve Board's action(s) at any rate.

[AnnaLee]

3. Owned by Hearst Corp

Fitch is inexplicably issuing this downgrade when the economy of the US appears to be better than expected. Meanwhile the indictments also, coincidentally, are coming down at the same time. I, naturally, wondered who owned Fitch, as I also wonder such things when powerful influencers do strange things.

So, you experts out there, can rating agencies use their arbitrary power to try to crash the economy in order to protect goodies like tax rates and other business possibilities in a second term of, possibly, unimpeded Democratic governance?

[Bluethroughu]

5. Exactly. FASCISTS.

[Bluethroughu]

4. No credibility for Fitch...downgrade it.

[Warpy]

6. Good reason to abolish the debt ceiling, it never stopped Republican spending

and has only been used as a tool to force Democrats to starve Americans.

The J6 indictments are a good thing, what could they be thinking? No one above the law is how this country is supposed to work.