Something smells fishy in Denmark. Standard and Poor's admits that they made a 2 TRILLION dollar math error, and yet downgrades the US credit rating anyways.
From the Wall Street Journal website:
"After two hours of analysis, Treasury officials discovered that S&P officials had miscalculated future deficit projections by close to $2 trillion. It immediately notified the company of the mistakes.
S&P officials later called administration officials to say they agreed with the administration’s critique"