Barring another "coincidence", it is increasingly looking like the US will go into the toilet, big time, within 1 year. So I think it is highly likely we will have a "coincidence"....you know...something like Osama's unknown brother will attack the US or Osama will turn out to not have been killed at all but only wounded and managed to swim back to mainland after being dunked. You know...COINCIDENCE! Kind of like the 2008 "COINCIDENCE" which neatly ejected Bush and seamlessly segued in BushII aka Obamanation.
http://www.wallstreetexaminer.com/blogs/winter/?p=3967
The debt limit situation and headline is a disingenuous straw man side show to what the credit rater Moodys is really warning about, credible deficit reduction. Politicians could take care of the debt limit at any time, the rest is problematic. It strikes me that 95% of the headlines are about the debt limit, which means that for circular thinkers with few brain cells, you can come up with a “deal” that does nothing, or punts it into the out years, extend the debt limit, and declare it all responsible. If you read what Moodys and other credit raters are actually saying, that’s not enough, they have the US on a short leach. ...(cont)
I have come to realize that men are not born to be free. Liberty is a need felt by a small class of people whom nature has endowed with nobler minds than the mass of men. -Napoleon
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