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All things being equal – S & P downgrades France and Austria
The world economy is in trouble, of course. The USA took a hit for its share in creating the calamity. It is only a matter of time before the ball rolls downhill like a snowball and picks up the rest. A new... US Dollar, Bonds to Benefit from Debt Downgrade
In August 2011, the rating of US debt was downgraded by Standard and Poor's. The other major rating agencies, Moody's and Fitch, left the USA's top-notch AAA rating untouched. This means that interest rates on future American borrowing are unlikely to rise: investors... US politicians' & voters' financial reality disconnect
These is a teaser for a article I wrote on Examiner.com: "Anger overwhelmed this author upon seeing these two headlines next to each other on the front page above the fold: " 1) S&P downgrades U.S. debt...
created by CynicalPatriot | 1 year ago | updated 1 year ago
133 views | 0 recommendations | 0 comments
133 views | 0 recommendations | 0 comments
Software Industrial God Complex
Dear 800-pound-software-gorillas:The more engineering time you waste binding your products together into confusing suites/packages (adding questionable "value-added" features) & then "protecting" them with... Moody's Downgrades Municipal Bonds - Are You Scared Crapless Yet?
Regardless of your amount of education, your current job status or your political leanings, THIS MATTER IS OF DIRE IMPORTANCE TO YOU. Let us begin with some quick excepts from two different news articles... 1176 views | 0 recommendations | 0 comments
Financial Weapons Of Mass Destruction
"Financial Weapons Of Mass Destruction photo credit: laffy4k New York Times called the possibility of an AIG liquidation “as close to an extinction-level event as the financial markets have seen since the Great Depression.” We keep hearing that the current...White House lowers economic projections
"WASHINGTON - The White House on Tuesday lowered its forecast for economic growth this year and into 2008, reflecting the drag from the housing slump. Even with the downgrade, though, the Bush administration is predicting that the unemployment rate will turn out to be...Top Members Today
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