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Reader comment on item: Declaring a Palestinian State, Yet Again
in response to reader comment: The Questions Abound - Still We get No Truthful Answer from the Politics We can No Longer Afford

Submitted by Barry Black (United States), Aug 10, 2011 at 17:54

The drop in rating from AAA to AA+ is more politics than economics. The stock market will reel for a week or two and then stabilize and begin it's climb to assuage the fearful. The more important aspect was the Federal Reserve stating that it will keep the prime rate at it current very low value for the next two years. This will doom the USA to an inflationary cycle that will rival Carter's. As a side note, there are certain segments of business, industry, and the financial community that wouldn't mind a period of inflation.

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Reader comments (20) on this item

Title Commenter Date Thread
11941-2011 70 Years to Arab Nazism in "Palestine" nothing has changed! [330 words]NancySep 22, 2011 14:45189488
open secret: cooperation [36 words]minhalSep 17, 2011 09:18189380
Jul. 2010, Sep. 2011: Two important dates in 'official' ethno-religious cleansing, judenrein, apartheid Arab Palestine [1480 words]NancySep 15, 2011 23:56189349
Golda [59 words]Heike WinchesterAug 22, 2011 23:31188669
1With a difference [59 words]y Brandstetter MDAug 8, 2011 16:56188209
1Erekat's delusion [349 words]Abu NudnikAug 7, 2011 11:30188155
Historys Credit (Again) [268 words]Jay1Aug 6, 2011 17:45188121
Favor to Israel [34 words]jdAug 5, 2011 10:13188054
You Forgot One [13 words]Gary SackAug 4, 2011 13:43188026
Not exactly [31 words]Abu NudnikAug 7, 2011 11:02188026
2Two State Solution [84 words]R. AdamsAug 22, 2011 22:47188026
3This Time It Will Be Different- No One Is Ready For This Time [522 words]M. ToveyAug 4, 2011 11:13188022
The question is, [20 words]Carl SesarAug 6, 2011 20:20188022
The Questions Abound - Still We get No Truthful Answer from the Politics We can No Longer Afford [129 words]M. ToveyAug 8, 2011 10:35188022
Agreed [117 words]Barry BlackAug 8, 2011 13:34188022
Watching for the Underlying Circumstances [181 words]M. ToveyAug 9, 2011 15:05188022
Oy Vey [58 words]Barry BlackAug 10, 2011 00:24188022
You Ain't Seen Nothing Yet [96 words]Barry BlackAug 10, 2011 17:54188022
It'll mean war, all right, [13 words]Carl SesarAug 10, 2011 19:22188022
Global Consequences of Unimaginable Portent [19 words]M. ToveyAug 11, 2011 18:12188022

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