Tag Archive: Debt Ceiling

Dow average plunges 513, worst drop since 2008

The stock market is finishing its worst day since the financial crisis. The Dow Jones industrial average plunged more than 500 points Thursday. Investors are concerned that the U.S. economy will enter another… Continue reading

Debt Ceiling Deal Called a “Sugar Coated Satan Sandwich”

The Senate passed a bill raising the debt ceiling that is aimed at averting a government default, clearing the way for President Obama to sign it into law. The final vote was 74-26.… Continue reading

“America Will Lose Its Sovereignty”

Reported by our Ministry in January, 2011: The United States mirrors Satan’s own rebellion with our Mother Yahweh. Satan broke away from a kingdom ruled by Royalty. 13 States represented the imperfection that… Continue reading

U.S. Sovereign Debt Downgraded to a “C-minus”, DHS Warns Of Terror Attack If Debt Ceiling Not Raised

U.S. Downgraded to ‘Near Junk’ by Weiss “NEW YORK (TheStreet) — Weiss Ratings on Friday downgraded its rating for United States sovereign debt to a “C-minus,” or just one notch above a junk… Continue reading

Obama challenges GOP to compromise on debt

WASHINGTON (AP) — President Barack Obama raised the stakes Monday in talks aimed at preventing an unprecedented U.S. default, saying there would be no agreement if Republicans did not compromise and that he… Continue reading

US Debt Rating Should Be ‘C’: Independent Agency

There have been increasing concerns about the fate of United States’ prized triple-A sovereign debt rating. While Standard and Poor’s recently downgraded its U.S. debt outlook to negative from stable, implying that a… Continue reading

Bachmann Dismisses Debt Ceiling Warnings

Rep. Michele Bachmann on Sunday disputed the claim that the country would go into default if Congress fails to raise the debt ceiling in the coming weeks. The Minnesota Republican has been one… Continue reading