So what happened to the Soros trade

[randalln]

Since we kept our AAA rating where are all the soros bashers Hmmmm?

I wonder where are all the wall-street guys ?That wanted the same deal ................

DONT BET AGAINST AMERICA YOU WILL LOSE EVERY TIME

Edited August 3, 2011 by randalln

[acceb75]

It wasn't soros, and it ain't over. Moody's hasn't made any decisions on a rating yet.

[MPG350]

Market tanked big today, could be near the start of a bear market....I would be out of stocks right about now.

[acceb75]

Market tanked big today, could be near the start of a bear market....I would be out of stocks right about now.

All except for a few. I bet there will be some awesome gains to be made with stuff going down so fast. Lots of good stuff will likely be uindervalued soon.

[goldengoose]

It wasn't soros, and it ain't over. Moody's hasn't made any decisions on a rating yet.

'acceb75',

Good evening!

On our local news here is Southeast Texas this afternoon on ABC reported that Moody's kept the AAA+ credit rating for the U.S.

Thank you,

GG

[waitn]

^HSI ouch! hmmmmm

[randalln]

'acceb75',

Good evening!

On our local news here is Southeast Texas this afternoon on ABC reported that Moody's kept the AAA+ credit rating for the U.S.

Thank you,

GG

Glad to see ya GG

go southeast texas

[acceb75]

'acceb75',

Good evening!

On our local news here is Southeast Texas this afternoon on ABC reported that Moody's kept the AAA+ credit rating for the U.S.

Thank you,

GG

EXCELLENT!!! I didn't hear that. Good News!!!

[goldengoose]

Glad to see ya GG

go southeast texas

'randalln',

Good evening......

Good to see you posting again.....!!!! Keep up the good work

GG

EXCELLENT!!! I didn't hear that. Good News!!!

'acceb75',

You betcha..... I was going to initiate a post concerning this but did not get around to it tonight......!!

Good to see you posting.....

Thank you,

GG

[Darren77th]

The reason the market is still tanking is the fact that spending is still not being reduced in a meaningful way. This deal is a joke. We are once again kicking the can further down the road. This committee that is being formed to determine the cuts is a sham. If the democraps and republicans can't agree half the cuts automatically comes out of our defense budget. Our defense budget is already at an all time low. Moodys is keeping our rating AAA for now bjt our outlook is negative, which means without real cuts were gonna bet creamed. If nObama gets elected again and dems keep the majority in the senate you wait and see what happens

[ogmious9]

Since we kept our AAA rating where are all the soros bashers Hmmmm?

I wonder where are all the wall-street guys ?That wanted the same deal ................

DONT BET AGAINST AMERICA YOU WILL LOSE EVERY TIME

Lame......No one is betting Against America. They are voting against the corrupt American Political system which is anything BUT AMERICAN. Wake up, this is not the same America my Grand Fathers fought for by a long shot.

Don't follow blind allegiance but truth.

And for he record, the stock market rebounded on News of the Debt Deal but then tanked as soon as everyone got a chance to see it and read it. We aren't out of danger, we are sliding deeper into it.

[randalln]

The reason the market is still tanking is the fact that spending is still not being reduced in a meaningful way. This deal is a joke. We are once again kicking the can further down the road. This committee that is being formed to determine the cuts is a sham. If the democraps and republicans can't agree half the cuts automatically comes out of our defense budget. Our defense budget is already at an all time low. Moodys is keeping our rating AAA for now bjt our outlook is negative, which means without real cuts were gonna bet creamed. If nObama gets elected again and dems keep the majority in the senate you wait and see what happens

He will not be re-elected Fact.........................nor will a Dem. for the next 16 years think of him as Carter he has done the Dem's. in

best money the Rep. ever spent.........

[Bubbe]

He will not be re-elected Fact.........................nor will a Dem. for the next 16 years think of him as Carter he has done the Dem's. in

best money the Rep. ever spent.........

The US spends how many more times than China on defense, check out the facts..............the US spends more than the next how many country s combined??? We could cut our defense spending in half and still spend a lot more than anyone else alone and other big spenders combined....................it takes a lot of money to fund the Bush wars. Now I hope Obama and crew can somehow get us out of Afghanistan. Your parents and mine put money in social security and the I have spent my life putting money in.................it was raided by Reagan for the "I'm a contra too!" game blah, blah, blah...........the rich like to take from the poor, they don't need their SS check to buy food and they sure as heck don't care if grandpa and grandma starve!

[seabee64]

The US spends how many more times than China on defense, check out the facts..............the US spends more than the next how many country s combined??? We could cut our defense spending in half and still spend a lot more than anyone else alone and other big spenders combined....................it takes a lot of money to fund the Bush wars. Now I hope Obama and crew can somehow get us out of Afghanistan. Your parents and mine put money in social security and the I have spent my life putting money in.................it was raided by Reagan for the "I'm a contra too!" game blah, blah, blah...........the rich like to take from the poor, they don't need their SS check to buy food and they sure as heck don't care if grandpa and grandma starve!

The Bush wars and Regan and the Contras? You have to be kidding???

Get with the program!!!!! :blink:

[tilak]

It wasn't soros, and it ain't over. Moody's hasn't made any decisions on a rating yet.

I agree it isn't over. Soros bets against the U.S. all the time, just look at who he helped fund, Obama. Funding the Obomination of the U.S as the founders knew it to be. Soros also said precious metals will be the biggest "bubble", bigger than real estate. You just gotta know when to get out and take profits just like anything even the Dinar.

[harris60]

Looks like soros knows where to place a good bet! Now RV this thing and let me off this ride!

[cisole]

Looks like soros knows where to place a good bet! Now RV this thing and let me off this ride!

Terrible premises, but yeah smart bet. Ditto, let's get off this ride!!!!

[acceb75]

Looks like soros knows where to place a good bet! Now RV this thing and let me off this ride!

I thought we had dodged a bullet, but looks like whoever fired that shot was using hollow points

Edited August 6, 2011 by acceb75

[Bill the Cat]

I don't know if the Soros bet was specifically related to our rating with Moody's, but I have heard several people comment that he "won" his bet and with this it would appear so ... You didn't actually think he was going to place a LOSING bet for a cool BILL now did you?

Ol' Bill the Cat

U.S. credit rating downgraded

By JOSH BOAK & CARRIE BUDOFF BROWN - POLITICO - 8/5/11 8:18 PM EDT Updated: 8/5/11 9:31 PM EDT

Standard and Poor’s on Friday downgraded the nation’s top-notch triple-A credit rating, the first downgrade in U.S. history and a dramatic vote of no-confidence in the world’s largest economy and its political leadership.

“We have lowered our long-term sovereign credit rating on the United States of America to ‘AA+’ from ‘AAA,’” S&P said in a statement.

“The downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges to a degree more than we envisioned when we assigned a negative outlook to the rating on April 18, 2011.”

The ratings agency put forth a blistering view of Washington partisanship, adding that “we have changed our view of the difficulties in bridging the gulf between the political parties over fiscal policy.”

One lawmaker offered an equally biting retort. Rep. Barney Frank (D-Mass.) angrily denounced the ratings downgrade and said the credit agency has a “terrible record.”

“These are some of the people who have the worst records of incompetence and irresponsibility around,” he said on MSNBC’s “Rachel Maddow Show.”

“I would urge people: Pay no attention to these people.” Frank, the top Democrat on the House Financial Services Committee, also said S&P was “trying to justify their reputation” after failing to spot problems in the nation’s financial system before the economic crisis of 2008.

S&P had notified the White House earlier Friday that it planned the downgrade, a senior administration official told POLITICO. The White House challenged the agency’s analysis and said it was off by at least $2 trillion dollars. S&P agreed to withhold a final decision and take another look, the official said.

"A judgment flawed by a $2 trillion error speaks for itself” a Treasury spokesman told reporters in a conference call after S&P’s downgrade. S&P officials had spent time at the Treasury Department this week, and administration officials were prepared for an announcement to be made after the market close on Friday.

President Barack Obama and congressional leaders had hoped this week’s deal to raise the debt ceiling would stave off any downgrading of the U.S. credit rating – but Standard and Poor’s had left open the door to a downgrade if the final deal didn’t reach budget cuts of $4 trillion.

The final deal would cut at least $2.1 trillion over 10 years. Rumors of a downgrade filtered through a volatile stock market, causing the Dow Jones Industrial average to swing by 416 points as it teetered between losses and gains to close the day up slightly by 0.54 percent.

The possibility of a downgrade overwhelmed the initial surge caused by a government report showing the economy had added 117,000 jobs in July, beating analyst expectations.

With U.S. household net worth totaling about $58 trillion and the national debt slightly more than $14 trillion, the country has the resources to honor its debt, indicating that a downgrade would be a commentary on the sharp political divisions splitting Washington.

Politico News Link

[wpsmit]

Since we kept our AAA rating where are all the soros bashers Hmmmm?

I wonder where are all the wall-street guys ?That wanted the same deal ................

DONT BET AGAINST AMERICA YOU WILL LOSE EVERY TIME

OOOOOOOOOOPS! Looks like they will be lining up at the cashin window to get all of their credit lowered worthless dollars

[tilak]

Since we kept our AAA rating where are all the soros bashers Hmmmm?

I wonder where are all the wall-street guys ?That wanted the same deal ................

DONT BET AGAINST AMERICA YOU WILL LOSE EVERY TIME

I said the Soros trade. I am betting against America too because it isn't the America it supposed to be. The quote from CNN on the 500 point drop as it was happening, "The US doesn't have economic leadership"

-1 for you.

[Lutie]

The US spends how many more times than China on defense, check out the facts..............the US spends more than the next how many country s combined??? We could cut our defense spending in half and still spend a lot more than anyone else alone and other big spenders combined....................it takes a lot of money to fund the Bush wars. Now I hope Obama and crew can somehow get us out of Afghanistan. Your parents and mine put money in social security and the I have spent my life putting money in.................it was raided by Reagan for the "I'm a contra too!" game blah, blah, blah...........the rich like to take from the poor, they don't need their SS check to buy food and they sure as heck don't care if grandpa and grandma starve!

I know that most Obama defenders are smarter then they sound so I am just going to assume they have been fed some lala land tea. The lies the left are telling about Republicans taking away SS are so lame you have to really just be a stubborn hard head to keep repeating those lies. If you care about your country take your head out the sand and admit the truth. OBAMA & his gang of socialist thugs are the worst thing that ever happened to america!

[jg1]

Time to put on a sad record and cry,........until it RV's that is. Gooooooo RVVVVVVVVVvvvvvvvvvvvvvvvvvvvvv.

[Nut-Job]

The Bush wars and Regan and the Contras? You have to be kidding???

Get with the program!!!!! :blink:

what program?...........oh yeah, the one where we play let's forget about Georgia Bush and Ronnie Regan's past follies!

not with your program dude!

[tandy]

who knows?