The Lies continue from the MSM about the worlds credit ratings. This morning on CNBS Steve Liesman
whipped out the charts showing that America has a solid AAA bond rating right behind Germany and Canada. He based this information and created the dog and pony show charts on conversations he had with "several market participants." Really Steve!?!? Why is only Greece hammered with junk bond status as an irresponsible degenerate credit junkie, while the USA has a debt to GDP ratio of over 100 %. Of course
Standards and Poors downgraded the USA credit rating, with the US Congress acting like drunken sailors avoiding any responsible debt ceiling legislation, they had no choice. China's Dagong Global Credit Rating
dropped the US credit rating even more to A+ last week. The rest of the world is paying attention and watching the carnival debt casino here in the USA with wonder, awe and fear.
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