downgrades

S&P just minutes ago downgraded the US from AAA to AA+. source: http://www.reuters.com/article/2011/08/06/us-usa-debt-downgrade-idUSTRE7746VF20110806

...and here we go again. Standard & Poor's downgraded Ireland to AA- earlier today as the country's debt problems seem to be worsening. Government expenditures, many dealing with their housing crisis, have continued to mount and S&P hiked it's estimate on Ireland's bank recapitalization plan...