I shudder to think how the "don't let a good crisis go to waste" administration will react to this...
Do you have any sources for this stuff or are you just pulling most of it from your ass? This is what I see: http://news.blogs.cnn.com/2011/08/05/sp-tells-white-house-it-will-downgrade-u-s-rating/ I see S+P caving to pressure from the White House, and instead, remaining the farce of a rating agency they have always been.
No it has just happened. Seriously. It is on the news. It is like september eleven no one can really believe it happened until they saw it on tv.
http://www.reuters.com/article/2011/08/06/us-usa-debt-downgrade-idUSTRE7746VF20110806 just got knocked down a notch
Apparently it has not. http://www.bloomberg.com/news/2011-...owngrade-unidentified-official-tells-cnn.html