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April 18, 2011
Identity Theft: American Credit Rating To Fall Due To Reckless Spending Spree By Imposter
Speaking of good ideas for commercials...
Standard & Poor's lowered its outlook for the nation's long-term debt Monday, saying the political grousing over the deficit could put more pressure on the still shaky economic recovery.
"The outlook reflects our view of the increased risk that the political negotiations over when and how to address both the medium- and long-term fiscal challenges will persist until at least after national elections in 2012," said S&P credit analyst Nikola Swann.
Our credit rating was not actually lowered, but the outlook -- the prognostication -- was reduced from "stable" (will continue) to "negative" (will fall). The window they're forecasting is 2-3 years away.
Maybe I'm just loving my own stink today but I think that's another good one.
Identity theft. Shady imposter with access to your credit cards running up a huge tab on luxury goods. Film it!