4-30-2015 *Adam Montana

[Vixen]

4-30-2015 *Adam Montana ~Article quote: "Iraq plans to obtain a sovereign credit rating and is approaching rating agencies as it prepares for a jumbo $5 billion (£3.2 billion) bond issue needed to cover a budget deficit caused by low oil prices, its finance minister said on Thursday." This is BIG. Iraq is applying for a credit rating. A credit RATING. They aren't haphazardly applying for a loan "just in case" the auditor messes up and gives them a small line... they are on the way to an established, world recognized, bonafide, CREDIT RATING... and I think it's going to be GOOD. THIS IS HUGE!!! When you have a credit "rating" like the US, China, or any other major player in the world has, you are opening your books to the world and everyone knows you're worth "X". Right now, Iraq is worth "?". But with a credit "rating", THAT ALL CHANGES. HOLY SMOKES THIS MAKES ME SMILE! WOOOT.