Friday, June 3, 2011

Moody’s Threatens To Downgrade U.S., Politicians Pounce

Yahoo Daily Ticker Discussion with Aaron,Henry and Macke


  • Won't allow banks to fail.  Will raise debt ceiling.   Dysfunctional government.  Hypocrisy abounds.
  • Threatening something, good?  Greater risk and what and see what happens.  Like TARP?
  • Will austerity work?  Don't have the "yarbles" to do it.
  • Credibility can't be risked, if that is what we are doing.
  • Obama has to take the ball, has to lead.  The President has to lead, the "bully pulpit". 
  • Time to come up with long term plan to balance budget. 

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