Seeking Alpha

Standard & Poor's affirms its AA+ long-term and A-1+ short-term credit ratings on the U.S.,...

Standard & Poor's affirms its AA+ long-term and A-1+ short-term credit ratings on the U.S., and revises its outlook on the long-term rating to stable from negative to indicate its current view that the likelihood of a near-term downgrade is less than one in three.
Comments (6)
  • financeminister
    , contributor
    Comments (1079) | Send Message
    yeah, same guys who gave AAA ratings to thousands of subprime securities and got commisions in return.
    10 Jun 2013, 12:35 PM Reply Like
  • positivethoughts
    , contributor
    Comments (2034) | Send Message
    How can SNP give such a great credit rating to a country that can no way in hell meet its debt obligations? $17 Trillion in debt, 60+ Trillion in unfunded promises, $1 Trillion in deficits, and 80 Billion per month, or so, in fed expanision.


    When the fed says they are expanding their balance sheet, they are really just buying debt they know cant be paid back. That is not expanding the balance sheet at all. The assets are actually assets. To have assets on a balance sheet, they have to be worth somethihng. Loaning money to people who cant and wont pay it back isnt an asset.
    10 Jun 2013, 12:37 PM Reply Like
  • Jason Burack
    , contributor
    Comments (1899) | Send Message
    According to the Keynesians, deficits don't matter.
    10 Jun 2013, 02:08 PM Reply Like
  • The EconomicJoker
    , contributor
    Comments (961) | Send Message
    I think anyone with a brain knows this is bull!@#$%
    10 Jun 2013, 02:17 PM Reply Like
  • bankingqueen
    , contributor
    Comments (134) | Send Message
    Problem is most Americans don't have much of a brain. If they did they would not have put in these shills on both sides and let them destroy our country. Pitchforks are needed.
    10 Jun 2013, 09:15 PM Reply Like
  • wmateri
    , contributor
    Comments (564) | Send Message
    Now you really know you're in trouble.
    10 Jun 2013, 03:42 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs