OMG: An indication of the state of the US economy after the S&P credit downgrade

This is what it's come to in the US.

Let's go to the videotape (Hat Tip: Shy Guy).



Heh.

US credit rating now as good as Belgium's

The silver lining in the cloud of the US's credit rating being lowered is that for some strange reason, the dollar has taken off against the Shekel, something people like me who get paid in dollars have been hoping for months would happen. We're back over NIS 3.50 to the dollar for the first time in a long time (and to think I thought I was amazingly lucky to convert at 3.489 last Thursday).Above