U.S. AAA rating in jeopardy?

Reuters is reporting that there is some legitimate pressure on our perfect AAA S&P rating.

Gee, with the U.S. government subsidizing incompetent and noncompetitive businesses, being excessively loose with monetary policy, racking up trillions in debt, and tens of trillions in future obligations, and then bailing out the financial sector to tune of a trillion dollars and mortgage market for five trillion, all while the airlines and auto industries clamor for bailouts as well, who would have thought that maybe our credit rating might take a hit?

Even our government can run out of money and fail if the U.S. bond market collapses when it become obvious that we can't pay our debts without using inflation to do so... and if I thought that it would teach people a lesson about capitalism I would encourage it to happen but it won't...

Ron Paul on the beginning of the mortgage crisis, the removal of much congressional oversight from the treasury dept., on the AIG bailout, and finally on the bigger inflationary problem from this.