The Hit Farm

6 (UPI) — US House Speaker John Boehner called Standard & Poor's decision to downgrade the US credit rating "a wake-up call" for the Democratic Party. The Ohio Republican said Friday his party has been willing to tackle the country's debt problem, Standard & Poor's downgraded the U.S.'s triple-A credit rating to AA-plus late Friday [...]

6 (Bloomberg) — The downgrade of the US's AAA credit rating by Standard & Poor's darkens President Barack Obama's re-election chances while also damaging members of Congress from both parties as they prepare for the 2012 campaign, political analysts By LESLIE SCISM A handful of elite life insurers sporting triple-A credit ratings are expected to [...]