S $ P Fights back?

In a move that is sure to draw more crit­i­cism, from Advo­cates of the Don’t Ask Don’t tell spend­ing pol­i­cy of the US at least the last three years or so, )  Stan­dard and Poors, or should that be Poor, US, not sure which but one thing seems clear the crit­i­cism, of the Cred­it rat­ing Agency is caus­ing a lot of alarm bells to go off on Wall Street, in the form of Sell, Sell, Sell, hur­ry and Sell, before it goes down too much, Pan­ic on wall street, seems to be the Dog and Pony Show of the day at least at the famous or infa­mous Fox news. 

You have to won­der just what is going on and more impor­tant­ly what the White-house is pre­pared to do to stop this mess?

So what does Wash­ing­ton do, they crit­i­cize, S&P, Wow, Amaz­ing, stuff folks.

Will moodys, fol­low suit, in down­grad­ing US econ­o­my?

Will we see a depres­sion sell off.

Are we about to see the NYSE, fall for a sec­ond time…

Is there any hope that the US will find a method of get­ting it right so that the econ­o­my can get back in step with
the rest of the world?

What will hap­pen next because we are see­ing some real­ly bad things hap­pen, there are some stock prices that could be good bar­gains.

 

What will hap­pen next will the fight between Wash­ing­ton and cred­it agen­cies con­tin­ue?