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Panic spread around? >> no one knows. there might be a lot of unnecessary panic. i have talked with wall street people trying to get their voice on this and it is hard to tell. heres the doomsday scenario. lower the u.s. rate. interest rates go up. monday morning. treasury bonds, remember the price of treasury bonds not set pie s&p they just issued a opinion. that weighs in to what they think. dooms day sceniar quo and that means yields go up and prices go down . interest rate goes up that affec...

Panic spread around? >> no one knows. there might be a lot of unnecessary panic. i have talked with wall street people trying to get their voice on this and it is hard to tell. heres the doomsday scenario. lower the u.s. rate. interest rates go up. monday morning. treasury bonds, remember the price of treasury bonds not set pie s&p they just issued a opinion. that weighs in to what they think. dooms day sceniar quo and that means yields go up and prices go down . interest rate goes up that affec...

Panic spread around? >> no one knows. there might be a lot of unnecessary panic. i have talked with wall street people trying to get their voice on this and it is hard to tell. heres the doomsday scenario. lower the u.s. rate. interest rates go up. monday morning. treasury bonds, remember the price of treasury bonds not set pie s&p they just issued a opinion. that weighs in to what they think. dooms day sceniar quo and that means yields go up and prices go down . interest rate goes up that affec...

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...

Be a hero get the fair tax somehow created and get that done so we could have a real simple tax code and this republican will be there with you all of the way. we have to go. >> i promise you, it approximate you want a leader in reform, you got one. >> mike: congressman one day well talk more about jess -- jes jess jesus do? thank you very much. republican reaction with the credit downgrade. he will be with me when we come back. sure it helps you keep regular, but it doesnt stop there. metamucil...

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...

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Latest updates on this topic.

If you are an average investors, i would not panic. keep that view and justt dont let . see what happens next week. i am bearish on the market because when i hear the president of the united states say i want to spur the economy throughh high speed raill ways and infrastructure banks, that makes my head spin. we tried it and it failed. >> mike: charlie, who are the people behind standard and poors. i am not saying generically. they have a lott of influence. who elected them and where did they go...