All posts tagged "credit downgrade"

(Lori Piotrowski) – In a press teleconference this afternoon, Congressman Joe Heck talked about the upcoming vote on raising the debt limit. Heck supports the House bill, saying he read the bill and had reached his decision only this morning after having downloaded the bill late last night and researching information to...

(Mike Chamberlain/The Cranky Hermit) – WSJ: So the credit-rating agencies that helped to create the financial crisis that led to a deep recession are now warning that the U.S. could lose the AAA rating it has had since 1917. As painfully ironic as this is, there’s no benefit in shooting the messengers....