Moody's eyeing US and UK credit ratings...

[mad_fan]

http://247wallst.com/2009/12/08/moodys-us-and-uk-may-no-longer-be-triple-a/

Moody’s is looking at the debt of both the US and UK and does not like what it sees...

[mad_fan]

Personally, I think healthcare (in some form) will pass...and the front loaded tax increases (probably three years worth) before one benefit is delivered will save US for the short term...assuming no major deal is struck on cap-and-trade (and we actually get some Americans back to work)...

[mad_fan]

No offense...but for those that don't have a clue...if the ratings on US guberment debt (the way we live how we do)...goes down...the interest rates we have to pay to borrow from China goes up...and ALL other interest rates go up with this...