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  1. #1
    Atomic Punk bklynboy68's Avatar
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    Default U.S. CREDIT RATING DOWNGRADED AGAIN

    SAN FRANCISCO (MarketWatch) -- Egan-Jones Ratings Co. said Friday it downgraded its U.S. sovereign rating to AA- from AA on concerns that the Fed's new round of quantitative easing, or QE3, will hurt the U.S. economy. The ratings agency said the Fed's plan of buying $40 billion in mortgage-backed securities a month and keeping interest rates near zero does little to raise GDP, reduces the value of the dollar, and raises the price of commodities. "From 2006 to present, the US's debt to GDP rose from 66% to 104% and will probably rise to 110% a year from today under current circumstances; the annual budget deficit is 8%," Egan-Jones said in a note. "In comparison, Spain has a debt to GDP of 68.5% and an annual budget deficit of 8.5%."


    http://www.marketwatch.com/story/ega...ove-2012-09-14
     "He has a swaggering retro machismo that will give hives to the Steinem cabal" -Camille Paglia on Donald Trump

    "Make way for the bad guy"- Tony Montana

    'This hamburger don't need no helper"- David Lee Roth

    "I wish Bon Jovi would've given me a call before he recorded all of his hits, because the lyrics would've been smarter, the melodies would've been much more smashing, and they would've sold a lot fewer records." -David Lee Roth

    "My beef is people thinking Bon Jovi is good cuz they sold lots of records to housewives." -tango

    "But being number one doesn’t really mean jack fuck all. We sold twice as many records as other records that year (1984) that landed in the Number One position." ~Eddie Van Halen

  2. #2
    Good Enough The J Man's Avatar
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    06.13.16 @ 04:44 PM
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    AMERICA!

  3. #3
    Atomic Punk Dave's Dreidel's Avatar
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    12.14.17 @ 10:37 AM
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    I am no fan of Obama, but this is not all his fault. Congress, both Democrat and Republican share a huge blame in this.

    I might decide to vote against every single incumbent this fall. None of them deserve to keep their job. Not a damn one.
    Taylor Swift is nice to look at. Adele can sing.

    Emperor Brett - "I can't believe you guys are analyzing song-by-song Van Halen III? What next, analyzing the script of Stroker Ace looking for some shred of Citizen Kane?"

    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

    Preferred pronouns: he/him/his

    Hurricane Halen - Let's all gingery touch our sword tips!!!

    DONATE TO THE LINKS YA CHEAP BASTARDS!!!!

  4. #4
    Good Enough The J Man's Avatar
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    06.13.16 @ 04:44 PM
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    Quote Originally Posted by Dave's Dreidel View Post
    I might decide to vote against every single incumbent this fall. None of them deserve to keep their job. Not a damn one.
    I was considering not voting at all but you've just given me a wonderful idea.

  5. #5
    Atomic Punk
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    12.14.17 @ 08:18 PM
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    I'm really sick of the Federal Reserve.

  6. #6
    Atomic Punk Dave's Dreidel's Avatar
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    Amschel Rothschild, 1838:

    "Let me issue and control a Nation's money and I care not who makes its laws".
    Taylor Swift is nice to look at. Adele can sing.

    Emperor Brett - "I can't believe you guys are analyzing song-by-song Van Halen III? What next, analyzing the script of Stroker Ace looking for some shred of Citizen Kane?"

    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

    Preferred pronouns: he/him/his

    Hurricane Halen - Let's all gingery touch our sword tips!!!

    DONATE TO THE LINKS YA CHEAP BASTARDS!!!!

  7. #7
    Atomic Punk edwardv's Avatar
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    12.14.17 @ 05:41 PM
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    Default

    QU3=Bond Bubble looming.However,should be good for gold and silver prices. Won't do squat for jobs or to lower inflation.My god the US dollar is an ass wipe these days.
    EVH 1979: Well, actually it's not much of a vacation, because we run everything ourselves. We design our own album cover, we have to be in the office every day to sign checks - the whole corporation revolves around us. Nothing can be done without our approval. We even have photo approval.

  8. #8
    Hang 'Em High Hurricane Halen's Avatar
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    12.14.17 @ 11:51 AM
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    Quote Originally Posted by edwardv View Post
    QU3=Bond Bubble looming.However,should be good for gold and silver prices. Won't do squat for jobs or to lower inflation.My god the US dollar is an ass wipe these days.
    And, you can also wipe your ass with a dollar! At least something will have been done with it that serves a purpose!

    HH<----Dave's D, I like your thinking and may follow suit------------
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  9. #9
    Atomic Punk Dave's Dreidel's Avatar
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    Quote Originally Posted by rocknblues81 View Post
    I'm really sick of the Federal Reserve.
    Me to, I would vote for Ron Paul just for the simple reason of getting rid of the Federal Reserve.
    Taylor Swift is nice to look at. Adele can sing.

    Emperor Brett - "I can't believe you guys are analyzing song-by-song Van Halen III? What next, analyzing the script of Stroker Ace looking for some shred of Citizen Kane?"

    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

    Preferred pronouns: he/him/his

    Hurricane Halen - Let's all gingery touch our sword tips!!!

    DONATE TO THE LINKS YA CHEAP BASTARDS!!!!

  10. #10
    Master Bluesman Elwood P.'s Avatar
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    12.14.17 @ 03:19 PM
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    Quote Originally Posted by Dave's Dreidel View Post
    I might decide to vote against every single incumbent this fall. None of them deserve to keep their job. Not a damn one.
    I pretty much have decided on this course of action.
    "I'm the opposite of Bill Cosby. Diamond Dave always gets your approval." (DLR)

    "Kids, just say NO to marriage". (Al Bundy)

    Rawhide in "A"

    OAA

 

 

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