Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help




Go Back   PeachParts Mercedes-Benz Forum > General Discussions > Off-Topic Discussion

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 08-05-2011, 08:57 PM
Chris Bell's Avatar
Registered User
 
Join Date: Oct 2003
Location: Santa Clara, CA.
Posts: 747
S&P Downgrades US Debt

Standard & Poors just downgraded US debt from AAA to AA

http://news.yahoo.com/p-downgrades-us-credit-rating-aaa-003628509.html
__________________
I'm sick of .sig files
Reply With Quote
  #2  
Old 08-05-2011, 09:00 PM
Registered User
 
Join Date: Dec 2005
Location: Carson City, NV
Posts: 3,784
Not surprising.
__________________
Anyone who thinks a 300D is fast drives too slow.

83 300D Turbo with manual conversion, early W126 vented front rotors and H4 headlights 360,xxx miles
08 Triumph Street Triple 28,xxx miles, lowered 10mm in front, Pirelli Angel GT tires, EBC HH brake pads, otherwise stock.
Reply With Quote
  #3  
Old 08-05-2011, 09:01 PM
layback40's Avatar
Not Banned
 
Join Date: Nov 2009
Location: Victoria Australia - down under!!
Posts: 4,023
Now who couldn't see that coming ?
__________________
Grumpy Old Diesel Owners Club group

I no longer question authority, I annoy authority. More effect, less effort....

1967 230-6 auto parts car. rust bucket.
1980 300D now parts car 800k miles
1984 300D 500k miles
1987 250td 160k miles English import
2001 jeep turbo diesel 130k miles
1998 jeep tdi ~ followed me home. Needs a turbo.
1968 Ford F750 truck. 6-354 diesel conversion.
Other toys ~J.D.,Cat & GM ~ mainly earth moving
Reply With Quote
  #4  
Old 08-05-2011, 09:13 PM
Registered User
 
Join Date: May 2009
Location: The slums of Beverly Hills
Posts: 6,164
Let me know when S&P is right about anything.

Quote:
Treasury Yield Curve Rates
Date 1 Mo 3 Mo 6 Mo 1 Yr 2 Yr 3 Yr 5 Yr 7 Yr 10 Yr 20 Yr 30 Yr
01/04/10 0.05 0.08 0.18 0.45 1.09 1.66 2.65 3.36 3.85 4.60 4.65
01/03/11 0.11 0.15 0.19 0.29 0.61 1.03 2.02 2.74 3.36 4.18 4.39
08/05/11 0.01 0.01 0.05 0.11 0.28 0.49 1.23 1.91 2.58 3.49 3.82
The rating agencies are about as relevant as last week's news paper.
Reply With Quote
  #5  
Old 08-05-2011, 09:15 PM
Banned
 
Join Date: Jan 2009
Posts: 86
Can we replay that clip of boehner gloating on CBS he got 98% of what they wanted, please?
Reply With Quote
  #6  
Old 08-05-2011, 10:25 PM
SwampYankee's Avatar
New England Hick
 
Join Date: Sep 2006
Location: CT
Posts: 1,501
No surprise, they did nothing to address the ballooning deficit. It's interesting that those same politicians lamenting the downgrading if the debt ceiling wasn't raised don't think it's a big deal now that they got their increase and the bond rating still dropped.
__________________

1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15
'06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod)
Reply With Quote
  #7  
Old 08-05-2011, 10:31 PM
Banned
 
Join Date: Jan 2009
Posts: 86
Got it. How soon before boener backpeddles on this one
http://www.cbsnews.com/stories/2011/08/01/eveningnews/main20086598.shtml
Reply With Quote
  #8  
Old 08-05-2011, 10:32 PM
retmil46's Avatar
Registered User
 
Join Date: Jun 2006
Location: Mooresville, NC
Posts: 344
Gonna be an interesting Monday morning on Wall Street.
__________________
Just say "NO" to Ethanol - Drive Diesel

Mitchell Oates
Mooresville, NC
'87 300D 212K miles
'87 300D 151K miles - R.I.P. 12/08
'05 Jeep Liberty CRD 67K miles
Grumpy Old Diesel Owners Club
Reply With Quote
  #9  
Old 08-05-2011, 10:39 PM
Registered User
 
Join Date: Apr 2003
Location: Phoenix Arizona. Ex Durban R.S.A.
Posts: 3,634
Quote:
Originally Posted by Chris Bell View Post
Standard & Poors just downgraded US debt from AAA to AA

http://news.yahoo.com/p-downgrades-us-credit-rating-aaa-003628509.html
Playing catch up by a couple of decades...

- Peter.
__________________
81 240D stick. 316000 miles at purchase. 342000 now
2000 GMC Sonoma
Formerly...
2002 Kia Rio. Worst crap on four wheels
1981 240D 4spd stick. 389000 miles. Deceased Jan 08
1984 123 200
1979 116 280S
1972 Cadillac Sedan DeVille
1971 108 280S
Reply With Quote
  #10  
Old 08-05-2011, 10:40 PM
Palangi's Avatar
L' Résistance
 
Join Date: Dec 2000
Location: Republique de Banana
Posts: 3,496
I can't say I blame them....

Who, in their right mind, would loan money to a credit applicant who takes in 200 pa'angas a month, spends 300 pa'angas a month, and thinks they're not spending enough ???
__________________
Palangi

2004 C240 Wagon 203.261 Baby Benz
2008 ML320 CDI Highway Cruiser
2006 Toyota Prius, Saving the Planet @ 48 mpg
2000 F-150, Destroying the Planet @ 20 mpg



TRUMP .......... WHITEHOUSE
HILLARY .........JAILHOUSE
BERNIE .......... NUTHOUSE
0BAMA .......... OUTHOUSE
Reply With Quote
  #11  
Old 08-05-2011, 10:44 PM
sjh sjh is offline
Banned
 
Join Date: Oct 2009
Posts: 580
Quote:
Originally Posted by Palangi View Post
I can't say I blame them....

Who, in their right mind, would loan money to a credit applicant who takes in 200 pa'angas a month, spends 300 pa'angas a month, and thinks they're not spending enough ???
The Tanga unit of currency. Will I never stop learning? Now, for a pronunciation guide ...
Reply With Quote
  #12  
Old 08-05-2011, 10:55 PM
TheDon's Avatar
Open Discussion Moderator
 
Join Date: Oct 2005
Posts: 13,212
well... we're screwed.
Reply With Quote
  #13  
Old 08-05-2011, 11:31 PM
Registered User
 
Join Date: May 2009
Location: The slums of Beverly Hills
Posts: 6,164
Quote:
Originally Posted by TheDon View Post
well... we're screwed.
The bond market says otherwise. Not that anyone is bothered with that minor detail.
Reply With Quote
  #14  
Old 08-05-2011, 11:36 PM
TheDon's Avatar
Open Discussion Moderator
 
Join Date: Oct 2005
Posts: 13,212
The talking heads and "media outlets" all want to scare us. I hate the news. There is never anything positive, ever.
Reply With Quote
  #15  
Old 08-06-2011, 12:54 AM
Registered User
 
Join Date: Apr 2005
Location: Rockville MD
Posts: 833
I think this is the first time Japan and China ever showed alarm, due to the brinkmanship and general circus performance of our politicians in these negotiations. Customer not happy.
__________________
1985 380SE Blue/Blue - 230,000 miles
2012 Subaru Forester 5-speed
2005 Toyota Sienna
2004 Chrysler Sebring convertible
1999 Toyota Tacoma
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 03:42 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2018 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page