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Sunday, May 09, 2010

Moody's: U.S. May Lose AAA By 2013

According to Moody's, the U.S. may lose its cherished AAA rating as soon as 2013, as debt service under Obamanomics hits 18% of revenue.

Fifteen months into office, Obama has already shredded all fiscal discipline remaining in the U.S. Just wait until more people are honest about the costs of Obamacare - then look out.