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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:38 PM Original message |
No deal. |
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dkf (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:45 PM Response to Original message |
1. Then our credit rating gets downgraded and we land up spending a lot more on interest |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:47 PM Response to Reply #1 |
3. If we pass a clean debt ceiling bill? |
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kelly1mm (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:50 PM Response to Reply #3 |
6. Because the credit rating agencies said they want to see a deal AND $4trillion |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:53 PM Response to Reply #6 |
8. And if they pull that trigger, the full force of the entire US government will be up their ass |
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dkf (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:02 PM Response to Reply #8 |
10. So S&P and Moody's can never downgrade the US out of fear of retaliation? |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:08 PM Response to Reply #10 |
12. The SEC can yank their government sanction as NRSRO's, |
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dkf (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:11 PM Response to Reply #12 |
15. This is coming out of S&Ps London branch btw. |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:13 PM Response to Reply #15 |
17. I doubt that it would matter, |
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dkf (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:18 PM Response to Reply #17 |
18. You think the UK would be happy at that? |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:19 PM Response to Reply #18 |
19. Actually, considering how badly hit the entire global economy would be, |
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dkf (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:30 PM Response to Reply #19 |
20. Then what is the use of a credit rating? |
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kelly1mm (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:05 PM Response to Reply #8 |
11. So you want the rating agencies to be subject to politics rather than |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:11 PM Response to Reply #11 |
14. No, I'm saying that their government sanction can be yanked, |
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ellaydubya (301 posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:46 PM Response to Original message |
2. Thank you! |
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grahamhgreen (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:48 PM Response to Original message |
4. I agree. In the end the Repubs will pass a clean bill for 2 reasons: |
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Tx4obama (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:49 PM Response to Original message |
5. ********************* There is NO deal yet ************************** |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:55 PM Response to Reply #5 |
9. I know that already, but thanks. |
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neverforget (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 10:52 PM Response to Original message |
7. This is just the warm up for the real sell-out. That one is going to be a |
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woo me with science (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:34 PM Response to Reply #7 |
21. You are absolutely right. |
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Waiting For Everyman (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:10 PM Response to Original message |
13. K&R |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:12 PM Response to Reply #13 |
16. LOL, yeah, that's appropriate. n/t |
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woo me with science (1000+ posts) Send PM | Profile | Ignore | Sat Jul-30-11 11:35 PM Response to Original message |
22. Thank you, MadHound. |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Sun Jul-31-11 07:14 AM Response to Original message |
23. kick n/t |
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