Post Tagged with: "credit rating"

Obama Attacks House On Debt Ceiling While GOP Plots Default And Government Shut Down (VIDEO)

President Barack Obama scolded the GOP House on their refusal to raise the debt limit --to pay  for expenses Congress had already authorized -- during his press conference on Monday, January 14th, 2013. Screen capture from a video by The Washington Post. http://www.washingtonpost.com/politics/president-obama-we-are-not-a-deadbeat-nation/2013/01/14/d7e90f8c-5e60-11e2-a389-ee565c81c565_video.html

Republicans think the US Government works like Todd Akin’s concept of a raped woman’s uterus: When threatened by increased spending, ‘the whole thing shuts down.’

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John Boehner Threatens To Take America Hostage In Second Debt Showdown

John Boehner Threatens To Take America Hostage In Second Debt Showdown

In the wake of the debt deal in August 2011, Senate Minority Leader Mitch McConnell admitted that the Republican Party took America hostage to get their way and said they would do it again

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Your Credit Score

Your Credit Score

The credit score (FICO) has gotten out of control. It was meant to assess risk when lending someone money. That’s it. It’s now morphed into assessing risk for renting apartments and getting a job. Two things a lot of people desperately need. The funny thing about FICO is that it failed miserably at what is was born to do.

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DOJ Investigates Standard and Poor’s for Complicity in Economic Collapse

DOJ Investigates Standard and Poor’s for Complicity in Economic Collapse

Just 12 days after downgrading U.S. credit ratings, the news breaks that Standard and Poor’s may soon be dragged into U.S. federal court.

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BREAKING NEWS: S&P To Downgrade U.S. Credit Rating; Blames Republicans

BREAKING NEWS: S&P To Downgrade U.S. Credit Rating; Blames Republicans

ABC News has just reported that the federal government expects the pristine AAA credit rating of the United States to be downgraded. According to a government official, Standard & Poors is going to downgrade the credit rating of the U.S. Government. Among the reasons cited will be ‘Republicans saying that they refuse to accept any tax increases as part of a larger deal.’

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