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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (99254)8/8/2011 6:08:59 PM
From: tejek  Respond to of 149317
 
From the AP:

"Investors worried about the slowing U.S. economy, escalating debt problems threatening Europe and the prospect that fear in the markets would reinforce itself, as it did during the financial crisis in the fall of 2008. They desperately looked for safe places to put their money and settled on U.S. government debt — even though those were the targets of the downgrade Friday, when S&P removed the United States from its list of the lowest-risk countries. [emphasis added]"