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Yes Steel, look this article also: http://www.bloomberg.com/news/2011-08-08/moody-s-affirms-u-s-s-aaa-rating-cites-dollar-s-role-as-reserve-currency.html

Here's a bit: The U.S. today retained its Aaa ranking with a negative outlook in part because the dollar’s status as the main reserve currency allows it to support higher debt levels than other countries.

And Obama:

On Aug. 3 Moody’s said the outlook for the U.S. grade is now negative, after President Barack Obama signed into law a plan to lift the nation’s borrowing limit and cut spending following months of wrangling between Democratic leaders and Republican lawmakers.

President Barack Obama’s renewed sense of urgency on the nation’s debt is “encouraging,” Deven Sharma, president of S&P, said in an interview on CNBC television today. Obama, breaking his silence on the downgrade of federal debt, said today that the U.S. “always will be a AAA country” and that he will release a new proposal to deal with the federal deficit in the coming weeks.

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But good night. It's 3.30 AM here and I must to the dentist in the morning.

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