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Replies to post #149942 on Tornado Alley (PROG)

Replies to #149942 on Tornado Alley (PROG)
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PegnVA

08/05/11 9:24 PM

#149945 RE: StephanieVanbryce #149942

Well, this IS what Boehner wanted...
"I got 98% of what I wanted".
-John Boehner on CBS News, Monday Aug 1
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PegnVA

08/05/11 9:39 PM

#149950 RE: StephanieVanbryce #149942

Many pension funds and money market funds are required to invest in AAA rated debt and with this downgrade they may be forced to sell off US debt...if that happens, interest rates will rise.