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[bob ford <bobford79 AT yahoo.com>]

This comment is from a mainstream analyst on a mainstream business channel.  
The very idea is shocking, to me .............bobford


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US May Lose Its 'AAA' Rating 

Sectors:Banks | Financial ServicesCNBC.com | 10 Nov 2008 | 07:49 AM ET The 

United States may be on course to lose its 'AAA' rating due to the large 
amount of debt it has accumulated, according to Martin Hennecke, senior 
manager of private clients at Tyche.



"The U.S. might really have to look at a default on the bankruptcy 
reorganization of the present financial system" and the bankruptcy of the 
government is not out of the realm of possibility, Hennecke said.

"In the United States there is already a funding crisis, and they will have 
to sell a lot more bonds next year to fund the bailout packages that have 
already been signed off," Hennecke told CNBC.

In order to solve or stem the economic slowdown, Hennecke suggested the US 
would have to radically reduce spending across all sectors and recall all its 
troops from around the world.

As for a stimulus package, there is not much of an industry left to stimulate 
back into life, Hennecke said.

http://www.cnbc.com/id/27641538