Craig Thomson scandal deepens with allegations of a $70,000 spending spree on a union credit card Calls for Thomson to resign Opposition leader, Tony Abbott, continues to insist Labor MP Craig Thomson should be sacked over the credit card saga. THE Government has blocked an attempt by the Coalition to force embattled Federal Labor MP … Read More
US credit rating woes The Downgrade Credit Downgrade Standards R Poor Triple A Credit Downgrade Obamarating agency Rat Agency CREDIT RATING Credit Rating Source: PoliticalCartoons.com
Source: PoliticalCartoons.com Those over-rated ratings agencies have some explaining to do – The Age Over the weekend, Standard &Poor’s announced it will downgrade the US government debt below triple-A. Photo: Bloomberg The downgrading of America is little more than a publicity stunt. IN THE midst of the 2008-09 global financial crisis, two very influential companies squirmed … Read More
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