Sunday, July 17, 2011

S&P threat


At time is seems like I am dreaming, but it is turning into a never ending fright mare. Right now S&P threatens to down grade debt in america. Citizens, we could lose our AAA rating soon. This would indeed have some major consequences. It would raise borrowing costs for our gov. What does that mean on us. Let me tell you, the taxes would rise. Also, your standard of living would fall some more.

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