NEW YORK (TheStreet) -- Weiss Ratings on Friday downgraded its rating for United States sovereign debt to a "C-minus," or just one notch above a junk rating.
The new "C-minus" rating translates roughly to investment-grade ratings of "BBB-" at Standard & Poor's and "Baa3" at Moody's, both of which are one notch above junk status.
The looming debt ceiling deadline in Congress and tortuous negotiations with President Obama, "not to mention the complete lack of any plan to address the nation's obscene debt levels," led to the rating action, according to Weiss Ratings senior financial analyst Gavin Magor.
www.thestreet.com...
So while that is happening the Dept. of Homeland Insecurity decides to take advantage and now counter-terrorism experts are saying Al-Qaeda may attack if Debt Ceiling is not increased
As America’s economic stagnation continues largely unchanged in the face of a looming federal government debt crisis, federal counterterrorism intelligence officials and other authorities told Homeland Security Today the nation’s security increasingly is being put at risk, making the US at this moment in time a target for a major attack.
“So you can understand why Al Qaeda, or any other terrorist organization motivated by the jihadist ideology, would see that America is highly vulnerable right now – perhaps more than it’s ever been - to an attack or attacks the impact or direct effect [of which] would be further depression of the US’s economy,” one of the counterterrorism officials said.
DHS Article
Well isn't that nice of them to think of our safety like that?
Image such childish fear tactics like this, the disney amusement park example was just ludicrous
But one thing they are right in is that Bin Laden wanted to hurt us economically
But we are hurting economically, but who's hurting us? Not muslims, no it's our elected officials and the FED
It's insane to address the threat of terror and say Bin Laden wanted us to be hurt economically and AQ will attack us soon but not talk about why the U.S. is defaulting.
That's just crazy talk and not someone who should be taken seriously imo
We have to raise debt but we aren't talking about solutions?
Look at what foreign aid does for example
Instead of raising the debt ceiling stop foreign aid, end the wars, enough with the cronyism, repudiate the FED and go from there
There's massive savings wthere
First they tried the fear tactic with Obama it would hurt social security and/or medicare and now terrorism
Revolution is coming if debt ceiling ain't raised. No more entitlements. Greece like scenario... but people are armed in America.
Napolitano is afraid her and her crew are gonna get what they deserve... arrested and tried for violating the constitution, aka treason
They can't just cut off entitlements without giving people a backup plan. That would be MASS murder. Most people on entitlements depend on that for 60-100% of their income. I doubt they will just cut off 50 million americans. Is our government that cruel?
This would be the exact meaning of 'Domestic Terrorism' IMO.
The DHS threatening American Citizens if they don't get what they want by instilling fear to push their personal agenda. That's Terrorism.
"Homeland Security Behind False Flag Terrorist Attack on American Soil"...will be the next freedom cry to get buried along with 9/11.
Seems like they are pre conditioning the masses to accept another military escalation to save the economy
Homeland Security Article
Well, it looks like the addicts are scraping the bottom of the barrel to justify their deficit spending/borrowing habit.
"IF WE DON'T BORROW AND SPEND MORE, THE TERRORISTS WILL KILL ALL OF US!"
Disgusting.
I have an Idea, call all of your troops back to the USA. Stop hiring government employees (including military), and use our current military force to protect us from these "terrorists". If we can occupy foreign countries, I'm pretty sure we can manage our own. All they have to do is actually try. Unless they plan on bombing our homeland, this will cut all munition expenditures drastically.
Seems it's not the Arabs we have to worry about..
It's the wrinkled old men in government positions of power that are terrorising us.
Those traitors are showing their true colors more and more every day. That was the most blatantly obvious threat I've seen. How can the general public be so stupid and/or cowardly that they let an institution like DHS turn this country into what it is becoming? Why the hell aren't we doing something about this?
They sure love to release info like this on sundays when no one is at home watching the news. Oh well, people have been hinting and warning of this for how long now? If you ain't ready yet then what have you been doing. Our country needs an adjustment.
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