For those who want to argue the point let me ask you this. If you were looking at a business or corporation to invest in yourself would you pick one who had a track record of such bad performance which continues to decline? A company with a board of directors who put all effort into their personal agenda rather than in the company? A company where nobody could or would work together in concert for the good of the company?
8/9/11 update - US Closer to Junk Bond Status Than Triple-A: http://t.co/HrQ6jtg