Topic: Aaa Rating

2 chapters across the catalog

Pounding the Pavement
Episode 328 1:44 - 5:09

328: Pounding the Pavement

U.S. Debt Ceiling, Standard & Poor's Credit Rating Downgrade

The United States credit rating was downgraded by Standard & Poor's following the raising of the debt ceiling. Treasury Secretary Timothy Geithner previously dismissed the risk of losing the AAA rating, calling it unassailable. Former economic advisor Christina Romer is criticized for her academic background and recent media appearances regarding the stimulus.

Obama's Clutch Car
Episode 297 17:14 - 20:27

297: Obama's Clutch Car

Standard & Poor's, US Debt Rating Outlook

Standard & Poor's revised the United States' credit outlook to "negative," signaling a potential future downgrade of its AAA rating. The discussion explores the concept of the nation as a corporation and the valuation of human life as collateral for Treasury bills. Government estimates reportedly value a single human resource at approximately $9.1 million from birth.