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Tag Archives: economy
Romney Visists Iowa Ahead of Straw Poll; Rips Obama on Economy
In a rare visit to Iowa ahead of this weekends straw poll, Mitt Romney rips Obama on economy saying Americans were “fearful, but not panicked.” Echoing the recent presidential approval ratings, he also predicts that voters will deny a second … Continue reading
DOW Plunges 630 Points in Response to S&P Downgrade
The downgrade by S&P of the U.S. AAA rating stewed in the minds of investors all weekend, and their reaction was to drive the DOW down 630 points.
S&P Downgrades U.S. AAA Credit Rating
The Standard & Poor’s downgrade of the U.S. credit rating from AAA to AA+ comes after one of the worst weeks for Wall St. in quite a while.
No Guarantee U.S. to Keep AAA Rating
There is no guarantee that the United States will keep it’s AAA rating. Even after Washington has spent the last few days and hours scrambling to put together something to ensure they do not default on payments. Investors understand that … Continue reading
Boehner Debt Plan Blocked by Senate Democrats
Speaker Boehner’s plan that was earlier approved by the House was short-lived as Senate Democrats voted to kill it. And, one would think that after all the ideas and planning that had been laid out on the table something could … Continue reading
Paul Ryan Pitches Budget Overhaul to Citizens
In townhall fasion, Paul Ryan spent time explaining his proposed budget.
