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Oil producers in the UK slam the windfall tax, the tax was put into place to damage the oil industry. Trump is bringing back industry that Obama and Biden pushed away. OBBB is going to expose the upside down system and Fed. Trump is pushing it to pass the Senate. DOGE cuts will come in the next bill. Florida will recognize gold and silver as legal tender. It has begun. The [DS] has been caught in the act of treason, this goes all the way back to Trump's first term, but what the people are going to see is that plandemic was used to over through the US government to install a puppet government. Besides the rigged election the autopen is the biggest scandal because it shows that Biden had no idea what was going on and the unelected were running the country. Year of the boomerang.

Economy

North Sea Oil Producer Slams The UK's Windfall Tax

The chief executive of Enquest criticizes the UK's Energy Profits Levy, claiming it is doing "irreversible damage" to the oil and gas industry and discouraging investment.

Due to the heavy tax burden, the company is planning a "disciplined approach" to investment and expects to pay a significant amount in windfall tax in June 2025.

Enquest argues that the UK is the only country levying a windfall tax on its domestic energy producers where no windfall profits exist, further impacting competitiveness.

The boss of Enquest has slammed the windfall tax on oil and gas firms as doing “irreversible damage” to the industry and “driving job losses across the sector”.

It is designed to tax the extra profits these companies made due to surging energy prices after Russia’s invasion of Ukraine.

Initially, the rate was 25 per cent, but it later jumped to 35 per cent in January 2023.

Source: zerohedge.com



  meantime, Canada fished, and did very well in these formerly unrestricted areas. Immediately upon Sleepy Joe taking Office, his “AUTOPEN” rejected the Deal that I made for the people of Maine, greatly hurting the Fishermen and women. They call it a restricted “Environmental Monument,” an Ode to the Environmentalists doing everything they can to destroy our Country. In actuality, it was a punishment to the State by Obama/Biden. Additionally, I have done much for the wonderful Lumberjacks, who voted for me in great numbers. In fact, I won Maine-2, BIG. In any event, and as the World knows, I ended up winning the Election of 2024 in a LANDSLIDE, and am now working diligently to bring these valuable Fishing Rights back to Maine. Unfortunately, I have certain obstacles that only your Political Leaders can tell you about!

Goldman analysts surprised to learn that policies of energy independence lower prices for the poor

Goldman, and most other investment advisors, along with almost all media outlets, seemed to have no idea that completely reversing Biden’s energy policies would lower prices. From an article at Zero Hedge:

 They say that the lower gas prices, due to the policy changes, have unexpectedly helped those at the bottom. How the heck could that be unexpected? Energy prices affect everyone, but especially those who earn less. Trump’s policies helped the poor in his first term, and they clearly will again.

All the experts seemed shocked and surprised that inflation soared when Biden set out to destroy all oil, gas, and natural gas companies. They also had no idea that printing massive amounts of money, issuing regulations as fast as they could, and opening borders to anyone who wanted to come would le...

Bob is the created and owner of Trade Genius Academy. Bob also does a podcast on YouTube which is called Trade Genius. Bob begins the conversation talking how the EU countries and others are backing off the net zero agenda. They are realizing that if the US does not do the same thing the people of those countries would recognize that the installed politicians destroyed their countries purposely. The EU and China are boxed in, Trump has the leverage and these countries know it, it’s just a matter of time. Gold and Bitcoin are going to make new highs as the parallel system is formed. The [CB] is in the losing position and the entire economic system is about to change.

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The EU countries are realizing that they were headed down the the wrong path in regards to green energy, now they are reversing course. EU has now bent a knee to Trump and they will negotiate a trade deal. Countries around the world are making trade deals. Consumer sentiment is now rising and the window is now closing for the [DS]/[CB]. The [DS] is panicking because everyday that passes they lose more and more control. They have lost the funding, security clearances, the intelligence orgs and now the FBI has begun their investigation into the pipe bomber, SC leak and cocaine in the WH. Think logically, elections, judges and who was managing the WH. Pain. Majority of Americans say the US is on the right track.

 

Economy

Energy Costs Now ‘Main Issue’ For US Ally That Barred Nuclear Power

Italian Prime Minister Giorgia Meloni said high energy costs are the most critical economic issue for her country 

Italy has embraced green energy and enacted a ban on nuclear power that has lasted nearly 40 years, though the nation’s Council of Ministers and Meloni have recently moved to reintroduce the technology, joining other European countries like Belgium, Denmark and Germany that are also reconsidering their turns away from nuclear power. Emanuele Orsini — the head of Italy’s largest business lobby — called for Meloni to cut energy costs and pave the way for a return to nuclear energy at the annual assembly for Confindustria, where Meloni again acknowledged her country’s energy problems, Reuters reported.

“Our companies continue to suffer from an energy (price) surcharge of more than 35% over the European average, even reaching peaks of 80% when compared to the largest European countries,” Orsini said at the assembly, according to Reuters.

Meloni has expressed support for expanding nuclear energy in Italy, as have other officials, including the Minister of Environment and Energy Security Gilberto Pichetto Fratin.

Source: dailycaller.com

  Trade with the United States of America. They will BOTH be very happy, and successful, if they do!!!

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US Consumers Now More Optimistic, Ending 5 Straight Months Of Decline In Confidence Index

U.S. consumer confidence bounced back in May ending five straight months of decline and beating economists’ expectations.

The Consumer Confidence Index increased by 12.3 points in May to 98.0, up from 85.7 in April, according to a report released Tuesday by The Conference Board. This notably marked the first increase in consumer confidence in five months.

The Conference Board’s Present Situation Index, which is based on consumers’ outlook on current business and job market conditions, increased 4.8 points in May to 135.9. Meanwhile, the Expectations Index, which is based on consumers’ short-term outlook for income, business and job market conditions, jumped 17.4 points to 72.8 in the same month.

Source: dailycaller.com



Political/Rights

Star Harvard Business Professor Who Studied Honesty Pays a Historic Price for a Faculty Member at School After Falsifying Her Findings on Multiple Studies

 

As The New York Post reported, Francesca Gino,

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Click On Picture To See Larger PictureThe green agenda cost British households a lot of money. The green new scam had the opposite effect. The EU economy would not be able to withstand the tariffs Trump was placing on them, they have folded. Trump is now in the process of making the country energy independent. The [DS] is in a deep panic, their entire system is being dismantled, first Trump exposed and shutdown their money supply, then Trump removed their security clearance, now Trump has dismantled their intelligence nerve center, the [DS] no longer has operational control, the patriots do. Trump has placed key individuals to handle the agencies, he is gaining control over everything.

 

Economy

Green Agenda Has Cost British Households £220 Billion Since 2006: Study

British consumers have paid nearly £220 billion more on their energy prices over the past two decades as a result of Westminster’s radical green agenda schemes, a report from a leading energy consultancy firm has found.

“That renewables are not cheap should be clear, based both on the evidence that after 35 years of subsidies, we are yet to see any benefits through lower bills,” the report found.

Source: breitbart.com

Tensions rise again between the EU and the US over trade. Donald Trump’s latest threat to impose a 50 percent tariff on all imports from the 27-nation bloc has sent shockwaves through Europe.

Experts warn that 50% tariffs could trigger an economic collapse on the scale of the 2008–2009 financial crisis. Across the EU, citizens already grappling with a cost-of-living crisis have been reacting with alarm to Donald Trump’s threat.



Canada Caved and Begged Trump for Peace, And Somehow the Entire World Missed It

If you did not hear about one of President Donald Trump’s latest tariff-related victories last week, you have company. It escaped our attention, too.

Of course, the global establishment has enriched itself on the current system of “free trade.” So you must look closely to find positive reporting from the establishment media on the effects of Trump’s tariffs.

According to Bloomberg, the economic advisory firm Oxford Economics calculated last week that the new Canadian government under Prime Minister Mark Carney has quietly adopted a conciliatory approach in the wake of Trump’s aggressive tariff policies, resulting in a minuscule tariff increase of “nearly zero” on most U.S. products entering Canada.

Tony Stillo, Oxford’s director of Canada economics, explained.

“It’s a very strategic approach from a new prime minister to really say, ‘We’re not going to have a retaliation,’” Stillo said in an interview. “It’s a strategic play on the government’s part to not damage the Canadian economy.”

 

In March, the Canadian government retaliated against Trump’s tariffs by imposing its own 25 percent import taxes. Those taxes affected roughly $43 billion worth of American-made imports.

Then, another round of Canadian tariffs hit U.S.-made autos in April.

A series of exemptions from Carney’s government, however, have effectively reduced those tariff increases to “nearly zero.”

And that represents a significant victory for Trump.

Is Trump’s “tariffs to get them to the table” strategy working?

Source: westernjournal.com

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Click On Picture To See Larger PictureTrump is letting the UK know they need to move away from the green new scam and start drilling, Germany and New Zealand have begun making the move. Judge says tariffs are authorized by the emergency powers act. Trump places 50% tariffs on EU and is now pushing Apple to come back to the US. SC just gave Trump the ammunition to after the Fed. The Judiciary is destroying themselves in the eyes of the people in this country. The people realize that each Judge has a conflict of interest and their spouse is connected to the system in some way or another.If you look closely Trump is securing the midterms, he is dismantling it piece by piece to make it difficult and almost impossible to cheat in the midterms. Only when information [truth] becomes free [uncontrolled] will people awaken to the levers of control placed upon them.

 

Economy



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Judge Says Tariffs Are Authorized By Emergency Powers Act In Win For Trump

You can buy a set of three pads of legal paper, “proudly made in the U.S.A.” by TOPS, for $16.64 (that is, $5.55 per pad). Or go to Simplified and get an imported two-pad set, currently marked down to $22 ($11 a pad).

Simplified is not confident customers are willing to pay much more for its products, so when President Donald Trump put tariffs on China, it went to court to object.

Emily Ley Paper, Inc., argues that the IEEPA does not authorize the president to impose tariffs. Now a Florida judge who understands the limitations of jurisdiction, T. Kent Wetherell II, has agreed to move the case to the CIT. In the process of doing so, he also answered a key question that has national implications.

Does the IEEPA allow the president to impose tariffs?

Wetherell says yes.

“IEEPA grants the President broad economic powers to deal with ‘any unusual and extraordinary [foreign] threat … to the national security, foreign policy, or economy of the United States’ on which a national emergency has been declared.” Wetherell spells out the historical legal cases in his order, which lead him to say, “IEEPA is a ‘law … providing for … tariffs.’”

Source: thefederalist.com

  nowhere! Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States. Thank you for your attention to this matter!



Apple Stock Loses $100B After Trump's Tariff Threat

 

I hope you wake up and realize that the Democrat party hates you, and Republicans want you to succeed

https://twitter.com/NewsTreason/status/1925703414282903688

  a “Government Agency” the fact that Trump can’t fire the Chairman means that it’s not

It’s PRIVATE.

138

Q !ITPb.qbhqo ID: gO/UntOB No.149063549

Nov 11 2017 23:32:49 (EST)

The FED and the IRS

FACT: US Federal Reserve is a privately-owned company, sitting on its very own patch of land, immune to the US laws.

Q

 

 

Political/Rights

Chicago Mayor Brandon Johnson Brands Trump a Racist ‘Monster’ After DOJ Probes His Anti-White Discrimination (VIDEO)

Chicago Mayor Brandon Johnson has described President Trump as a “monster” for launching a federal investigatio...

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Countries are now backing away from net zero, first it was Germany now New Zealand, this is very similar to when companies backed off the vaccine passport. 90% of the companies have now signaled that they will becoming back to the US. The OBBB has passed and now Trump will move quickly on the parallel economy and people will begin to see the changes. The [DS] swamp creature are fighting back with everything they have. Trump needs to the people of the country to witness how the swamp wants to control what the President. The people are realizing that this is not what they voted for. The people, even the D's are hitting the precipice, they are now siding with Trump. This is the calm before the storm.

 

Economy

https://twitter.com/disclosetv/status/1925582055317909634

Oil Prices Dip On Report Of Another Potential OPEC+ Supply Boost  

OPEC+ is considering a third straight monthly output hike, departing from the norm of stabilizing oil markets. According to Bloomberg, the group of 12 major oil-exporting nations, including Saudi Arabia, UAE, and others, is considering a July increase of 411,000 barrels per day (bpd)—roughly triple the previously planned amount. This would mirror supply increases in May and June. Such an increase in July could lead to a breakdown in Brent crude's $60-per-barrel price floor (as long as the war risk premium remains suppressed).

Brent fell to $63 a barrel, down about 1.7% following the news. West Texas Intermediate dropped to around $60 a barrel.

 Source: zerohedge.com

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 Privatizing Fannie Mae and Freddie Mac could allow them to operate as fully independent entities, potentially increasing their market value ,their strong cash flows could attract investors, boosting stock prices and creating value for shareholders.

 Currently under conservatorship by the Federal Housing Finance Agency (FHFA), privatization would reduce the government's direct financial exposure to the mortgage market. This could align with a policy goal of shrinking the federal footprint in housing finance, transferring risk to private investors.

 could reassure investors and stabilize mortgage-backed securities markets, potentially lowering borrowing costs for homeowners.

  As public companies, Fannie Mae and Freddie Mac could raise additional capital through equity markets. This could fund technological upgrades, improve risk management, or expand affordable housing initiatives, enhancing their competitiveness and public mission.

 : A successful public offering could inject capital into the economy, both through the proceeds of the sale and by encouraging investment in the housing sector. This could support job creation in related industries like construction and real estate.

90% Of US Companies Plan To Reshore Amid Tariffs, Allianz Survey Finds

Nine out of 10 U.S. companies say they expect to bring some or all of their production or sourcing back home in response to new tariffs imposed under President Donald Trump’s trade policy, according to the latest Allianz Trade Global Survey.

The survey, published on May 20, hints at an acceleration in reshoring efforts as U.S.

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Click On Picture To See Larger PictureThe gas prices hit the lowest memorial day mark in four years, the prices will continue to drop. John Deere will be opening a plant in the US. Trump trapped the D's and Rinos and he has all the leverage, planned a long time ago. The parallel economy is building. The [DS] took the bait, Trump had allowed the [DS] to overthrow the US Gov, the installed a puppet government, now the [DS] is trying to separate themselves from Biden, but what they are doing is showing the D's they lied and Biden wasn't running the country. They are now trapped. This issue will be forced up to the SC, fraud vitiates everything. Did Trump just reveal the plan?

 

Economy

https://twitter.com/ElectionWiz/status/1925165923163378152

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https://twitter.com/charliekirk11/status/1925212562221879377



Trump set the Ds/Rinos up a longtime ago, he could have put the expiration date during Biden's term, why did he make the expiration date on Dec 31,2025, it exposes the RINOS and  he needed leverage.

https://twitter.com/BreitbartNews/status/1924926073097089041?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1924926073097089041%7Ctwgr%5E8870abcb198d4432dd53c081f22209fa9626fe17%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.breitbart.com%2Ft%2Fassets%2Fhtml%2Ftweet-4.html1924926073097089041

The bipartisan bill will create a tax deduction of up to $25,000 for cash tips reported to employers by workers for withholding purposes on payroll taxes, with a cap on the salary for eligible workers at $160,000 annually, the report makes 

The bill senators passed now goes to the House, where Republicans have been seeking to include a version of the proposal in their sweeping party-line package for Trump’s agenda.

“Whether it passes free-standing or as part of the bigger bill, one way or another, ‘No Tax on Tips’ is going to become law and give real relief to hard-working Americans,” Cruz said on the floor.

Political/Rights

https://twitter.com/deluxe_pepe/status/1925185056462479497

Wicked Obama Judge Threatens CRIMINAL SANCTIONS on Trump Officials, Orders Admin to Maintain Custody of Child R*pists and Murderers Allegedly Deported to South Sudan – Trump DHS Responds with FIRE (VIDEO)

 Obama judge is so determined to force the Trump Administration to keep the worst possible illegal aliens in America that he is willing to criminally sanction officials who violate his outrageous order.  

Per Natalie Winters, here are some of the monsters and their respective crimes. Some have been convicted of murder and r*ping inncoent children.

Would Murphy want one of these men as his neighbor?

 

 

 

 

 

 

 

 

Source: thegatewaypundit.com

https://twitter.com/nicksortor/status/1925197730223145088

US Attorney's New Program Sidesteps California's Sanctuary Laws Shielding Illegals From ICE

In what could be a game changer for the Trump administration’s deportation efforts, the U.S. Attorney’s Office for California’s Central District and federal partners launched a program to “neutralize California’s sanctuary state policy.”

Operation Guardian Angel,

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British PM is now betraying the country, he is making huge concessions with the European Union, his days are numbered. China cuts the interest rate, the Fed is still in a holding pattern, see what is happening. D's lost the rich are getting the tax cut narrative. Investors are buying gold funds. The [DS]/fake news  is now trying to pivot away from Biden. The problem is they do not have the narrative and the people are now asking a lot of questions of who was really running the country. Kash Patel and Dan Bongino are putting a information to smoke the sleepers out. Scavino in the last couple of days has pushed the military is the only way, why? Think statute of limitations, under civil law most are 5 years, under military most are unlimited.

 

Economy

Leftist British PM Keir Starmer BETRAYS Brexit, Causes Alarm by Signing Agreement With European Union Making HUGE Concessions

  Prime Minister, Keir Starmer, has just betrayed Brexit – and may have dealt a death blow to the island’s fishing industry.

There’s widespread alarm over the terms of the ‘reset’ deal with the European Union and the huge concessions that he made.

At a press conference alongside European Commission chief Ursula von der Leyen, Keir Starmer says he is ‘moving on’ from ‘Brexit battles’, and that this deal will put Britain ‘back on the world stage’.

Daily Mail reported:

https://twitter.com/NicholasLissack/status/1924372295377662009?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1924372295377662009%7Ctwgr%5E7c2d31a35626b522c5601d813473a16e3f834205%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F05%2Fleftist-british-pm-keir-starmer-betrays-brexit-causes%2F

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https://twitter.com/darrengrimes_/status/1924436308941791427?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1924436308941791427%7Ctwgr%5E7c2d31a35626b522c5601d813473a16e3f834205%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F05%2Fleftist-british-pm-keir-starmer-betrays-brexit-causes%2F

 Source: thegatewaypundit.com

China cuts key lending rates to record lows to counter the impact of US tariffs

China’s central bank has cut its key lending rates to record lows to bolster the economy and cushion the impact of escalating trade tensions with the United States. The move follows a sweeping stimulus package announced earlier this month.

The People’s Bank of China (PBOC) has lowered its benchmark lending rates for the first time in seven months as part of ongoing efforts to mitigate the impact of US tariffs on its economy.

The central bank cut the 1-year and 5-year loan prime rates (LPR) by 10 basis points to 3.0% and 3.5%,

Source:  euronews.com 

US Federal Reserve officials signal rates likely to stay on hold until at least September

The central bank’s next three meetings are in June, July and September

https://twitter.com/MarketsDotNews/status/1924709190376820961

https://twitter.com/TrumpWarRoom/status/1924818332550639622

 

https://twitter.com/KobeissiLetter/status/1924816670285054349

Trump tax bill will expire on December 31, 2025. and taxes will go up

No,

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Germany and other countries in the EU are beginning to back off the green new scam, they realize that their country will implode if they keep on track. The [CB] plan to downgrade the US to destroy the economy is not working. Trump's Sovereign Wealth Fund will counter the national debt. It's going to be revolutionary. The [DS]/D's and fake news needed to get get ahead of the Hur tapes coming out. So they pushed the narrative that they knew nothing about it and to prove they released that Biden has cancer. This entire maneuver has backfired on them. The pieces of the puzzle are coming together, Trump has trapped them in all of it. The people are awake and see through their deception, pain and then justice.

 

Economy

Germany Makes "Sea-Change Policy Shift" On Nuclear Power In Europe

Three weeks after widespread power grid failures across Portugal and Spain, triggered by unreliable solar and wind power, Germany appears to be sharply recalibrating its energy stance.

In a notable policy shift, the new conservative government under Chancellor Friedrich Merz has reversed its longstanding opposition to nuclear power. The move reflects a growing understanding in Berlin that overreliance on unreliable solar and wind power generation poses serious risks to economic stability and energy security. The shift also signals a broader return to common-sense energy policymaking in Europe, with nuclear power increasingly viewed as critical in France in achieving reliable, low-carbon power generation.

Source: breitbart.com

Walmart Stock Ticks Lower After Trump Says Retailer Should 'Eat the Tariffs'

Walmart should "eat the tariffs" rather than raise prices, President Donald Trump said in a recent Truth Social post.

CEO Doug McMillon warned on the company's earnings call that profits could fall this year depending on the direction of trade policy.

McMillon said "the reality of narrow retail margins" makes the tariffs, even at reduced levels, difficult to absorb.

Walmart (WMT) shares slumped in early trading Monday after President Donald Trump said the retailer should absorb the cost of tariffs rather than pass it on to customers by raising prices.

Source; investopedia.com

Eurozone growth forecasts cut amid uncertainty over Trump trade war

Tariffs impact demands ‘considerable downgrade’, to 0.9% this year and 1.4% in 2026,  

European Commission has cut its growth forecasts for the eurozone this year and next as a result of uncertainty caused by Donald Trump’s tariff wars.

 

Source: theguardian.com

https://twitter.com/ElectionWiz/status/1924463604704665815

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https://twitter.com/KobeissiLetter/status/1924448704469340218

https://twitter.com/TrumpWarRoom/status/1924129257770348726

 

 

https://twitter.com/charliekirk11/status/1924306220112122248

 

The best part of the One Big Beautiful Bill that no one is talking about is taxing remittances.

https://twitter.com/grok/status/1924449258100666660

 families, reduces funds for developing countries, and may push transfers to unregulated channels.

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Click On Picture To See Larger PictureThe [CB] is pushing that tariffs are going to raise prices, it hasn't happened yet so they will try to show the people by raising prices, Trump is calling them out on this. The Fed has been in a holding pattern, Moody's just downgraded the US credit rating, picture becoming clearer. The big beautiful bill will destroy the fake news/D's narrative. Economic boomerang. Trump is exposing the entire [DS] system, the people need to see this. The system is fighting against Trump and We The People every step of the way. Trump needed the people to see this if we were going to go to the next phase, the people needed to approve Trumps next actions. Trump is now bringing in the Clinton/Obama angle. Did Trump just set the stage that all roads lead to Obama? Scavino sends message that the military might be the only way.

 

Economy



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Foreign Investors Loaded Up on Treasury Securities in March Despite all the Turmoil in the Media 

And in April, their purchases of long-term securities at Treasury auctions increased. 

Buying US Treasury securities was all the rage among foreign investors in March, despite whatever turmoil there was in the media. All foreign investors combined, from central banks to private investors, increased their holdings of Treasury securities by $233 billion in March from February, and by $942 billion over the past 12 months, to a record $9.05 trillion (red in the chart).

The majority of what they bought were long-term Treasury securities, which increased by $133 billion to a record $7.63 trillion, according to data by the Treasury Department Friday afternoon (blue in the chart).

The buying was across the major holders, except for China and Hong Kong combined, and for Ireland. Of particular note: Canada’s holdings of Treasury securities spiked majestically in February and March, despite the tariffs and the ultra-sour mood in Canada about US-anything.

Increases in March, and total Treasury holdings:

United Kingdom: +$29 billion, to $779 billion

Luxembourg: unchanged, at $412 billion

Cayman Islands: +$37 billion to $455 billion

Ireland: -10 billion to $329 billion

Belgium: +$7 billion to $402 billion

Switzerland: +$21 billion to $312 billion.

 

Source: wolfstreet.com

https://twitter.com/KobeissiLetter/status/1923470842089902157

Moody's downgrade of US rating may not dent stock markets much: Analysts

Global financial markets may not react much to Moody’s Ratings downgrade of United States' rating from AAA to Aa1, believe analysts, except for a knee-jerk reaction, if any. At the domestic level, Indian stock markets would be focussed more developments such as progress of monsoon, corporate results and economic data. Talks on tariff-related issues with the US will also impact sentiment.

 

Moody's downgrade, they said, was more to get the rating in sync with Fitch and S&P, who have already downgraded US' ratings. While Fitch had downgraded the rating to AA+ from AAA in August 2023, S&P had lowered US' rating back in August 2011. 

Source: business-standard.com

https://twitter.com/KobeissiLetter/status/1923496054017708041

 

The ‘Big,