The largest threats to the long-term financial health of the United States
The Terrorists Still at Ground Zero
By Alexander Cockburn
On January 10 Moody's, in concert with the other main bond rating firm, Standard and Poor's, gave the United States its top AAA credit rating. The terrorist blackmail threat came in the form of a demand by Moody's that the U.S. government "reform" Social Security and Medicare: "In the very long term, the rating could come under pressure if reform of Medicare and Social Security is not carried out as these two programs are the largest threats to the long-term financial health of the United States and to the government's Aaa rating."
http://www.informationclearinghouse.info/article19371.htm
http://freepage.twoday.net/search?q=Alexander+Cockburn
By Alexander Cockburn
On January 10 Moody's, in concert with the other main bond rating firm, Standard and Poor's, gave the United States its top AAA credit rating. The terrorist blackmail threat came in the form of a demand by Moody's that the U.S. government "reform" Social Security and Medicare: "In the very long term, the rating could come under pressure if reform of Medicare and Social Security is not carried out as these two programs are the largest threats to the long-term financial health of the United States and to the government's Aaa rating."
http://www.informationclearinghouse.info/article19371.htm
http://freepage.twoday.net/search?q=Alexander+Cockburn
rudkla - 18. Feb, 11:29
