Ireland credit downgraded to Junk; needs 2nd bailout

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Ireland credit downgraded to Junk; needs 2nd bailout

Postby 68Camaro » Tue Jul 12, 2011 4:03 pm

AP: "Stocks are closing lower after Moody's knocked Ireland's bond rating to junk, saying the country would likely need another rescue. Moody's already has junk ratings on Greece and Portugal."
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Ireland credit downgraded to Junk; needs 2nd bailout

Postby aloneibreak » Tue Jul 12, 2011 7:26 pm

next up !! the united states dollar.... :(
My reading of history convinces me that most bad government results from too much government.

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Re: Ireland credit downgraded to Junk; needs 2nd bailout

Postby shinnosuke » Tue Jul 12, 2011 9:02 pm

And the bunch of yahoos in the District of Catastrophe want to spend more...
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them... (Thomas Jefferson)
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