News and politics for the city of Jacksonville (FL), Florida, and the United States. Though I am a Libertarian/Socialist, my hope is to be as objective as possible in delivering news that should be important to you. In addition, this website can be useful for researching important moments in history. From the dawn of civilization to the present day, this website provides a plethora of valuable links for your research needs.
On the heels of its surprise downgrade of U.S. long-term debt from AAA to AA+, Standard & Poor’s has downgraded the credit ratings of Fannie Mae and Freddie Mac .
S&P lowered its credit rating on both Fannie (OTCBB: FNMA) and Freddie (OTCBB: FMCC) one level from AAA to AA+.
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