S&P now assumes that tax cuts brought in under President George W. Bush in 2001 and 2003 would not, as planned, expire by 2012 because of staunch Republican opposition to any measure that would raise revenues.

The downgrade could add up to 0.7 of a percentage point to Treasuries' yields over time, increasing funding costs for public debt by some $100 billion, according to SIFMA, a U.S. securities industry trade group

S&P had already placed the U.S. credit rating on review for a possible downgrade on July 14 on concerns that Congress was not adequately addressing the fiscal deficit of about $1.4 trillion this year, about 9.0 percent of gross domestic product, one of the highest since World War II.

The triple-A rating enables nations to borrow funds at a low cost, because their governments are considered stable and their bonds safe.

so, why did bond yields dropped so much after the rating cut, can you explain that?

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Человек, который почувствовал ветер перемен, должен построить не щит от ветра, а ветряную мельницу

so, what you are saying is 3 months is not enough for the markets to put a value on the rating downgrade, and that the market is inefficient?

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Человек, который почувствовал ветер перемен, должен построить не щит от ветра, а ветряную мельницу

lol, i am very patient...
one thing i agree with.. our government is way fucked up..
we should be able to cut spendings by like 50% and nobody would notive

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Человек, который почувствовал ветер перемен, должен построить не щит от ветра, а ветряную мельницу

Михаил, рейтинг дейтвтельмо понизили по слоавм *S & P *из за републиканской * партии . оБ этом напрямую було сказанно в заявлении *S & P
Ниже часть заявления, посвященная причинам понижения рейтинга. Где здесь о республиканской партии?
More broadly, the downgrade reflects our view that the effectiveness,
stability, and predictability of American policymaking and political
institutions have weakened at a time of ongoing fiscal and economic
challenges to a degree more than we envisioned when we assigned a
negative outlook to the rating on April 18, 2011.
Since then, we have changed our view of the difficulties in bridging the
gulf between the political parties over fiscal policy, which makes us
pessimistic about the capacity of Congress and the Administration to be
able to leverage their agreement this week into a broader fiscal
consolidation plan that stabilizes the government's debt dynamics any
time soon.

__________________
Слaбый пол сильнее сильного, в силу слaбости сильного полa к слaбому

Возвращаясь к напечатанному:
работ вон.. как у дурня фантиков - пользуюсь случаем прошу Вас, Миша помочь мне в поиске работы ... я обзвонил, отослал резюме и обошел более 70 ресторанов and music agencies - и НИЧЕГО не нашел ... НИКТО мне не перезвонил ... Думаю у Вас есть обширная информация и надеюсь на ваше содействие!
Sincerely,
Andrei Cheine
Here's my resume:
ANDREI CHEINE Piano, Vocals, Keyboards, Accordion, Drum Programming, Band Leader, Musical Director, Songwriter
Born and raised in Ural mountains of Russia
Graduated from Leningrad Conservatoire in1988
Work experience:
Restaurant "Sadko" (Leningrad (St Petersburg) Russia)1988-90
Restaurant "Dimitri" (Marseille, France)1991-92
Moved to Tampa, Fl in 1993
1994-95 -"Das Festhouse" ("Busch Gardens," Tampa, Fl)...
1997-99 - "Ile de France" French restaurant (Hudson, FL)...
2002- 2010 - "Hospitality House," "Desert Grill," "Crown Colony" Restaurants, "The Mirage Canteen" and "Christmas From The Heart" Shows ("Busch Gardens," Tampa, Fl)
Also performed with Master Chorale at St Petersburg, Fl International Museum in July 1994
Performed as accordion player and actor in USF production "The Ghetto, Facing the Holocaust in 1942" (1996)
Took part as Accordion soloist in the world premier of Anton Coppola's Opera, "Sacco and Vanzetti" with the Florida Symphony Orchestra in March 2001
As an actor, musical director, accordion player, and piano player took part in two productions at the "Gorilla Theater" in Tampa:
"Sacco and Vanzetti, a Vaudeville" in 2002, and
"Edith Piaf, Flight of the Little Sparrow" in 2003
Played in various restaurants in Tampa Bay area ("Le Bordeaux","Monte-Carlo," "Rumpelmeyers," "Cafe of the Arts," "Moscow")
As the Band Leader, played with Boris Lebedinsky (Guitar), Jack Keeling (Saxophones, Flute, Clarinet), Larry Barrington (Guitar), Bob Schubert (Drums), Mark Fenderson (Trumpets), Italian tenor Georgio Pederzolli, Chase Vaccaro (vocals) and others...
Andrei writes original music and lyrics
Discography: "The Shore Of The Night"(1991), "Salut, Moscow"(1992), "Nobody knows"(2000), "Two Days In August" (2004)
He sings in English, Russian, German, Italian, French, and Spanish
For bookings please call 1 (813) 885-2630
or e-mail to music4@tampabay.rr.com

Here's my web site where you can listen to my original music myspace.com/andreicheine
Any other information may be sent upon your request.
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