U.S. credit downgrade long overdue

I heard it reported that Timothy Geithner, the treasury secretary of the U.S., said that Standard & Poor’s made a terrible decision when it downgraded the U.S. government’s credit rating. He claimed this showed that S&P didn’t understand the math that is used to figure the U.S. government’s budget. Yeah, I don’t understand the fantasy […]

Credit downgrade will mean higher expenses

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Freedom New Mexico: Argen Duncan Eastern New Mexico University Dean of Business Chris Taylor said a downgrade of the United States’ credit rating would result in credit being harder to get, causing a drop in the stock market, which would lead to inflation and hurt retirement savings. Taylor believes spending would alleviate the current recession. […]

Obama lacks experience to be president

Freedom New Mexico Maybe we are mired in debt, hobbled with less-than-excellent credit, because our chief executive has no experience beyond that which he has gained on the job. He spoke Monday and used the credit downgrade to promote tax reform “that will ask those who can afford it to pay their own share.” How […]