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Moody's downgrades US Credit rating

Posted on 5/16/25 at 5:18 pm
Posted by jefforize
Member since Feb 2008
45624 posts
Posted on 5/16/25 at 5:18 pm
LINK

quote:

May 16 (Reuters) - Moody's on Friday downgraded its credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest "that are significantly higher than similarly rated sovereigns."


A lot of profit taking occurring in AH trading at the moment.



Posted by UltimaParadox
North Carolina
Member since Nov 2008
50822 posts
Posted on 5/16/25 at 5:22 pm to
Its clear congress and the administration is not serious about curtailing spending.

So the inevitable march continues... old boss the same as the new boss
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73015 posts
Posted on 5/16/25 at 5:28 pm to
The retirees and near retirees that post on this board need to grasp how damaging their opposition to entitlement reform is.


You can argue till you are blue in the face that our debt is surging due to “tax cuts” or “waste and abuse” or whatever, but it’s flat out wrong.

It’s the entitlements. It’s ss, it’s Medicare, it’s Medicaid.

Bottom line: people on ss and Medicare are getting far more out of the program than they paid in.


It needs to be reformed.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73015 posts
Posted on 5/16/25 at 5:30 pm to
quote:

A lot of profit taking occurring in AH trading at the moment.



Yet more proof investors are dumb

The data Moody’s relies on is public data. Why were investors not already pricing in the numbers?
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
14619 posts
Posted on 5/16/25 at 5:51 pm to
Then round us up and send us to camps - no need to re-educate as we already graduated and are gonna die off soon enough

Fwiw--doubt any of us crafted much less passed these measures....your aim leaves something to be desired

P.S. and may have gotten more had we not been forced into the system that you blame us for
This post was edited on 5/16/25 at 5:53 pm
Posted by bayoubengals88
LA
Member since Sep 2007
23479 posts
Posted on 5/16/25 at 6:07 pm to
Moodys is a fricking sham as is the entire credit system.
Burn it down and start over according to true free market principles.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73015 posts
Posted on 5/16/25 at 6:44 pm to
I’m gunna be pissed if this downgrade sends us into another bear market


Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
34458 posts
Posted on 5/16/25 at 6:49 pm to
quote:

I’m gunna be pissed if this downgrade sends us into another bear market



No one gives a frick how you of all people feel.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
12519 posts
Posted on 5/16/25 at 6:53 pm to
quote:

It needs to be reformed.


Until all benefits of any kind are ended for non-citizens, frick right off.
Posted by joshnorris14
Florida
Member since Jan 2009
46619 posts
Posted on 5/16/25 at 6:56 pm to
quote:

P.S. and may have gotten more had we not been forced into the system that you blame us for


Don't worry, we're happy to suffer much more so that you can live free from consequence!
Posted by TigersHuskers
Nebraska
Member since Oct 2014
14407 posts
Posted on 5/16/25 at 7:25 pm to
quote:

The retirees and near retirees that post on this board need to grasp how damaging their opposition to entitlement reform is.


Boomers don't give a frick. They never did and they never will. With boomers its "i gots mines and frick everyone else"

Can't wait for that worthless shitstain of a generation to be gone.
Posted by Robcrzy
Mandeville
Member since Nov 2007
1014 posts
Posted on 5/16/25 at 7:25 pm to
Why the frick did these piece of shite assholes do this on a friday after the close. i mean WTF they just fricked a lot portfolios
Posted by Robcrzy
Mandeville
Member since Nov 2007
1014 posts
Posted on 5/16/25 at 7:38 pm to
Absolutely intentional
Posted by FearlessFreep
Baja Alabama
Member since Nov 2009
19393 posts
Posted on 5/16/25 at 7:57 pm to
quote:

Can't wait for that worthless shitstain of a generation to be gone
to be replaced by the worthless shitstain of a generation to follow them

to be replaced by the even more worthless shitstain of a generation after that

ad infinitum
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
18952 posts
Posted on 5/16/25 at 8:00 pm to
quote:

It’s the entitlements. It’s ss, it’s Medicare, it’s Medicaid. Bottom line: people on ss and Medicare are getting far more out of the program than they paid in. It needs to be reformed.


I would have agreed with you before the DOGE light was shined into where our tax dollars have been going.


1. Return non mandatory spending to 2019 levels and let them sort out how they want to spend it.

2. Purge SS, Disability and Medicaid of anyone that doesn’t deserve it. I think we can be fairly certain this was expanded bigly over the last 4 years and people have been added that don’t need it enmasse.

Do these before you start talking about cutting benefits for programs were all paying into. Until then F them. The fact that the whole world has been mooching off my work product has not left me in a giving mood.
This post was edited on 5/16/25 at 8:04 pm
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32647 posts
Posted on 5/16/25 at 8:25 pm to
quote:

Yet more proof investors are dumb The data Moody’s relies on is public data. Why were investors not already pricing in the numbers?

Moody’s isn’t even the first to downgrade the US this year. I imagine this was low volume shite from retail
Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 5/16/25 at 8:40 pm to
quote:

Can't wait for that worthless shitstain of a generation to be gone.
Hey man, seriously. frick you. Hope you die young. You deserve it
Posted by TigersHuskers
Nebraska
Member since Oct 2014
14407 posts
Posted on 5/16/25 at 8:45 pm to
Shuffle on pops.
Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 5/16/25 at 9:02 pm to
quote:

Shuffle on pops.
Im Gen X kiddo, and you shite talking an entire GENERATION of people show just how narrowminded and foolish you are.


Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57723 posts
Posted on 5/16/25 at 9:03 pm to
quote:

Its clear congress and the administration is not serious about curtailing spending.

So the inevitable march continues... old boss the same as the new boss


You have no chance of getting re-elected if you aren't buying votes with government largess.
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