Browsing the blog archivesfor the day Wednesday, March 24th, 2010

Standard and Poor’s Reduces United States Bond Rating to “Pete Best” Level

The passage of the health care entitlement package combined with America’s exploding debt has forced the bond credit rating organization Standard and Poor’s to change the U.S credit rating.  S&P has announced that henceforth the U.S. debt assessment will be “Pete Best”, the lowest assignable level. Deven Sharma, President of S&P, announced the change today. […]