The US credit rating

Community Leader
Registered: 04-07-2008
The US credit rating
8
Mon, 08-08-2011 - 9:23am

By now most everyone knows that the US perfect credit rating has been slightly tarnished. Are you concerned at all that it is going to affect you?

Karla
Community Leader
WALKING
EXERCISE and HEALTHY LIVING

iVillage Member
Registered: 07-21-2006
Mon, 08-08-2011 - 12:21pm

I am sure it IS affecting me, but I am not willing (or brave enough) to look at my portfolio right now, lol!

Community Leader
Registered: 04-07-2008
Mon, 08-08-2011 - 1:00pm
lol yeah-I was about to log onto E-trade but changed my mind. I'll wait a while. ;)

Karla
Community Leader
WALKING
EXERCISE and HEALTHY LIVING

Avatar for coldfingers
Community Leader
Registered: 04-30-2000
Mon, 08-08-2011 - 2:27pm

I am with you...

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Avatar for coldfingers
Community Leader
Registered: 04-30-2000
Mon, 08-08-2011 - 2:31pm

I just find it sad that Standard and Poorer (and yes, I do know what I typed.. ) who missed the junk bond and all that crap and left them at AAA+ now feels the need to downgrade a country that has not missed a payment is not likely to miss a payment based on S&P's thoughts on the government...

Did you see that Warren Buffet says if possible USA should have AAAA+ rating?

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iVillage Member
Registered: 11-26-2001
Mon, 08-08-2011 - 10:53pm

Okay, here's my two cents for what they are worth.

Avatar for coldfingers
Community Leader
Registered: 04-30-2000
Mon, 08-08-2011 - 11:11pm

I have oftened wondered why we help other countries when we are not in shape to help. We are now set to take from the elderly, middle class, and students, but the richest people in this country are not asked to sacrifice anything.

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iVillage Member
Registered: 11-26-2001
Mon, 08-08-2011 - 11:27pm

Does this remind you of any other period in our nation's history?

Avatar for coldfingers
Community Leader
Registered: 04-30-2000
Tue, 08-09-2011 - 12:00am

As they wage war on the middle class, I wonder if we really even are middle class. I grew up thinking my parents were middle class. I was an adult and looking back figured out we weren't. We were probably upper lower class.

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