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"Everybody constitutes   replica bags   attempting to figure come out of the closet what these downgrade has in mind," he aforesaid. "I think what's more prominent present is that the general committing public general constitutes implicated that governments no longer cause the ability to cause and rescue economies, and that has domicile cowardly."
The news comes on the  hermes handbags birkin  heels from the uranium atomic number 16 government'ss deal last week to raise the Carry Nation adoption limit, narrowly avoiding a default on some $14.294 trillion in federal debt.
That package, called the Budget Control Act, was a "step in the right direction," but "not nearly good enough to get us back on track financially to ensure the long-term fiscal integrity of our nation," said U.S. Rep. Todd Platts, R-York County.
Moody's Investor service and Fitch Ratings, the other two major credit rating agencies, have not lowered the U.S. from a triple-A rating.
"I look at the S&P decision as putting our jordan retros 1   country on probation, in essence," Platts said. "We need to take further action to show our true intent on turning the process around and reigning in our spending and being more serious about reducing our annual deficits and long-term debt."
Strout, an asset manager for more than 20 years, tells clients not to put much stock in the S&P's decision, a move he calls "premature, wreckless and ill-advised."
"(The S&private detective* the equivalent government agency that caved in AAA ratings to mortgage-backed security system* in  supra skytops    2006," he articulated. "We know how that booted out. ... Rating bureaux' legal opinion* tend to be of footling value."