At AA the US will still be a safer bond market then any other AAA. This is all BS politcal wrangling. Obama doesn't know how to work together and compromise. He only knows how to attack and berade. Listen to the rhetoric...not "working together" it's the blame game.
Those who voted for Obama hope the like the change he promised. The great experiment hasn't worked.
Lowtrade put it very well...all the companies are pocketing cash, because the government has made money available for them to do so. What do you think will happen to the already wounded housing market when rates get pushed up on a credit downgrade? You don't lose money when you cash out. Just future profit. I'd much rather be on the sidelines watching it fall with cash.
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