Comment

Boehner: If Credit Agencies Downgrade US, It's 'Beyond My Control'

400
Obdicut (Now with 2% less brain)7/28/2011 4:03:33 pm PDT

re: #393 compound idaho

The market for US treasuries isn’t going to go away. The ratings shouldn’t really, be lowered, even if we do default. There’s no actual question to our ability to raise money, just the political will to do so.

However, this stupid little technicality can keep the US from selling those treasuries.

Way to interfere with the working of the market, GOP. You’re taking one of the most highly sought after financial instruments in the world off the market.
Good fucking job.