S&P Downgrade: Lack of Political Will Power Could Do U.S. In

On April 18, 2011, the credit rating agency Standard Poor's revised its outlook for the United States of America from stable to negative. The press release from Standard Poor's contained information that was both new and interesting. Unfortunately, the information that was new, wasn't interesting, and the information that was interesting, wasn't new. Let's take these one at a time. The new information is that Standard and Poor's has finally figured out what most other American's

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