Instapundit » Blog Archive » CHANGE: It’s Official: France Cut To AA+ From AAA By S&P, Outlook Negative. Related: Everyone H…
CHANGE: It’s Official: France Cut To AA+ From AAA By S&P, Outlook Negative.
Related: Everyone Hates The Euro – EUR Shorts Hit New Record High.
UPDATE: More: S&P Cuts Credit Ratings for Nine Euro Zone Nations. “S&P lowered its long-term rating on Cyprus, Italy, Portugal and Spain by two notches, and cut its rating on Austria, France, Malta, Slovakia and Slovenia by one notch.”
Won’t matter. Nothing will happen until it happens. But when we reach that point, Europe will collapse like the one hoss shay (look it up, whippersnappers).
About Bill Quick
I am a small-l libertarian with conservative leanings on most issues, except on many traditionally conservative social issues, where my stance would be regarded as hopelessly liberal by most social conservatives. My primary concern is to increase individual liberty as much as possible in the face of statist efforts to restrict it from both the right and the left. If I had to sum up my beliefs as concisely as possible, I would say, "Stay out of my wallet and my bedroom," "your liberty stops at my nose," and "don't tread on me." I will believe that things are taking a turn for the better in America when married gays are able to, and do, maintain large arsenals of automatic weapons, and tax collectors are, and do, not.
I did look it up. A useful term, and also a poem! Thanks, Bill. (Wish I still felt like a whippersnapper…)