WHAT CREDIT-RATINGS AGENCIES EXPECTED FOR EMPIRE TO AVOID DEFAULT
[Credit-Ratings Agencies Views]
The independent [PDRC] Peoples Democratic Republic of China which has its own State Run and Funded Rating Agency Dagong Global Ratings Co., Ltd., and which had previously down graded the [EMPIRE] ratings from an [AA] rating to [A+] on [November 9th, 2010] in response to the [2nd] round of the [QE-2$USD$] Quantitative Easing Two has now once again placed the [EMPIRE] on a negative watch list as once again the [EMPIRE] raises the specter of a [QE-3$USD$] financial action, and then there is the soon too be established new German independent [EU] funded Ratings Agency, will too look to the interests of the [EU] and not those of the [EMPIRE], and now the [EMPIRE] opinion-oligopoly, [THE BIG THREE] which is to say, they the few, controlled and held in their hands, as it were the fait of the many, the ratings agencies [S&P 500] Stands & Poor, Moody's and now even Fitch will by mid-August review the [EMPIRE] credit ratings with an eye to its lowering, following it's member [BIG THREE] all located in the [EMPIRE], no one may laud the [EMPIRE] debt reduction plan, which normally would be expect to happen with all, once again closing their eye's, to the long term kick the can down the road policy but are now taking the position of, Fool Me Once, Shame on Me, Fool Me Twice, Shame On You! Downgrading the [EMPIRE] Platinum Ratings to banana republic Credit Ratings, with or without the [EMPIRE] defaulting, of itself but will be put into a default status, for not cutting thru the mustered, cutting out the fat. If the big credit-ratings agencies don't see what they want what done by the [EMPIRE], what any deal struck will make no difference, and if not resolved within the next few days will have a highly detrimental effect upon the entire global economy.
[What the Credit-Ratings Agencies]
( A ): [EMPIRE] Spending to be restrained slowed and then cut. Medical, Medicaid, Social Security, must be put on a means test, if a person does not need government agency support, that support must be denied, et. el., upper, social economic strata. The entire social safety net must be for those who are in need of it and not a free lunch for those who can pay.
( B ): Create a solid foundation for global investors.
( C ): The lowering of borrowing costs for the [EMPIRE 51 State Governments].
( D ): The lowering of borrowing costs, and tax's for businesses, homeowners and consumers across the board.
( E ): The [EMPIRE] must lower its Debt! The [EMPIRE] is afforded more leeway, by convention, to pay lower international interest rates via., the confidence in their ability to support international debt, but once that that exceeds [100%] the interest rate on the debt equals the nominal growth rate, and at that point growth becomes untenable, and stops this determined by Debt divided by [GDP] Gross Domestic Product, which stands at present at [97%], and expect to reach [124%] by [2015] must be reduced to no more than [60%]. The [EMPIRE] abandoned this debt to [GDP] ration and now has put the entire global economy in peril.
( F ) [EMPIRE] spending, financed by debt, borrowing from the [PDRC] Peoples Democratic Republic of China, to tide the [EMPIRE] over a period of investment deficiency, should have only been a temporary stop gap measure, and never allowed to become a permanent feature of the [EMPIRE] geo-economics and therefore the Global Economic landscape, due to one inescapable fact, immeasurable and can not be countered uncertainty, and also must be slowed, and brought to a lower limit.
HERCULE TRIATHLON SAVINIEN
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