Senin, 08 Agustus 2011

Obama downgraded to "junk"

Following on the heels of Standard & Poors, the rating agency that made history by taking American treasuries down a peg to AA+, I am announcing another dubious financial first: President Obama has been downgraded to CCC, or what is commonly known on the Street as “junk.” Whether this will further roil the markets, or sink Obama’s chances in the next election remains to be seen. But looking

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