One EU country gets "JUNK" credit rating

Latvian credit has been given junk status, read here, the Dow Jones plunges again on terrible data and a skittish looking Chairman of the Federal Reserve before the Congress. Britain, under the present Government heading towards junk status for its own once proud currency, and total lack of any effective opposition party which apparently goes off to cry crocodile tears in a corner rather than address any of the major crisis questions today facing the nation. Latvia, now confirmed as a clear basket case, will no doubt be one of the beneficiaries of the many extra billions of pounds payable this year to the EU by the near bankrupt UK., as promised by Tony Blair as part of his campaign dues to be the first EU President after the Lisbon Treaty! William Hague given a chance to query some of these multiple disasters and prove that some on the opposition benches have grasped the gravity of the crisis, walks away!!!!!??????