Thursday, July 28, 2011

Chinese Credit Rating Agency, Dagong, To Cut US Rating By Monday

When the best the DC can muster is to propose a cut of 1/1,500th of the annual overspending, the credit rating agency of our major banker of the national debt, China, is not amused.  Who will fund the 1,499/1,500ths of the annual $1.5 Trillion federal overspending now?

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