Doublea Plus News Today

The possibility that the u.s. could be downgraded by one of these credit agencies. >> i think confidence has already eroded some. >> it has. >> and we have seen evidence from around the world, including a key credit agency fitch that issued a stern, stern warning. >> right. we got a taste of this in august 2011 we got close to the debt ceiling deadline then. s&p, standard & poors downgraded it from triple a to a double a plus. thats what fitch is basically saying get your act together. fitch sti...

Thanks for that most american of blessings, the chance to determine our own destiny. the problems we face didnt develop overnight and we wont solve them overnight but we will solve them. >> this on the heels of the congressional super committee failing to reach a deal on cutting the deficit. moodys is now warning congress that the u.s. governments top credit rating could take a hit if they dont come through with $1.2 trillion in cuts over the next decade. right now they have us at triple a with ...

Has concerns. many analysts believe the super committees failure to make a deal would trigger at least one of the rating agencies to take our debt from double a plus to double a. remember the impact of the first and only other downgrade last summer? stocks sank around the world. we saw the largest one-day sell off since the credit crisis in 2008. the dow down 600 points in one day. consumer confidence also sharply declined. you would expect that a lower credit rating would send interest rates sk...

Optimal decision. we have, for example, if we have $600 in bills to pay. we worked out with our buddies and our friends and lets get $400 and pay this down. we still have $200 left on the table. then the credit rating is like, you didnt pay your bills. get your act together. you are not a credit worthy borrower. and we will rate you as such. >> bill probably would have taken the dwos00. >> in a new york minute. or in a plume of smoke. >> let me ask you this then, what is the difference between l...

The single deaiest day for american troops since the war started nearly ten years ago. the military is still investigating the cause of the crash but the taliban were quick to claim responsibility saying they shot it down with a rocket propelled grenade. it appears that the force was beginning to launch a raid on a taliban compound in the province just southwest of kabul when the taliban rocket did take this helicopter down. now, in recent months the u.s. military here in kabul has been found of...

I am holly henningburg and we begin with a senior correspondant for fox business in the work. it seemed like a shock. but promise it shouldnt have been because the s&p warned in the debt talks this might happen if there were not more spending cuts. >> absolutely. this is the most del greated downgrade. i have covered them not in the u.s.. but it is unprecedented it is telegraphed and one of the most i have ever seen in the corporate deals in a long time. i dont think the markets will be that ups...

More money. >> mike: buy a car dead and dont wait until mond and lock in the rate if you can. >> or spend all of your money. >> mike: i think a lot of people think come monday if they have a home loann it is a 30 fixed it is six percent >> it is locked in. >> unless it is an adjustible rate and there is a time frame. >> there is my caveat. read the fine print. >> mike: how many of the audience read the fine print. >> you should. it is hard to get through. >> mike: a hundred percent of the audien...

Opened their checkbooks to give more to our ever responsible federal government so the fine folks party can bail out our government. i am sure that happened. lets get back, jack. cut the president some slack. his birthday gig might bring the economy back. that is my view. if you have one. go to mikehuckabee.comand click on the fox news feed back . be sure to sign up to follow me on wit twit or join my facebook page. so americas credit went from triple a to double a plus. how does that affect you...

More money. >> mike: buy a car dead and dont wait until mond and lock in the rate if you can. >> or spend all of your money. >> mike: i think a lot of people think come monday if they have a home loann it is a 30 fixed it is six percent >> it is locked in. >> unless it is an adjustible rate and there is a time frame. >> there is my caveat. read the fine print. >> mike: how many of the audience read the fine print. >> you should. it is hard to get through. >> mike: a hundred percent of the audien...

Investors who buy u.s. bonds will have more risks than if they buy bonds from countries like france . so how many countries have the coveted triple a plus rating. the u.s. shares the double a with belgium and new zealand and slightly lower is abu dabigand kuwait and spain . the u.s. is in the risk of being downgraded in two years. >> lawmakers are weighing in on the credit rating downgrade. republicans are calling for timothy geithners resignation. >> you are likely to hear a lot about this from...