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C Credit Rating for US

US Get's a C Credit Rating from Weiss Ratings


SAN FRANCISCO (MarketWatch) — The U.S. got a sovereign credit rating of C on Thursday, in line with ratings for such smaller economies as Mexico, Estonia and Colombia.

Weiss Ratings, based in Jupiter, Fla., has rated the creditworthiness of financial institutions for several years, but the firm launched sovereign- debt ratings of 47 countries on Thursday. The U.S. rating of C (Fair) ranks it 33rd, Weiss noted in a statement.

Full: U.S. gets C credit rating, lower than Mexico

Not sure if Standard & Poor's agrees with this, but with Bernanke's comments after the fed meeting yesterday and other worrying debt signs, you can see things heading this way. A C Credit Rating for US may just be the future, if spending is not cut.

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