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"It's not downgrading the employees.
Obama is downgrading the threat from overseas.
He also advocated downgrading the monarchy to Scandinavian proportions.
Moody's said on Tuesday that it was downgrading the credit rating of five Spanish regions.
Both S.& P. and Moody's Investors Service are considering downgrading the nation's credit rating.
Moody's Investors Service added pressure Thursday by downgrading the credit ratings on 30 Spanish banks.
They are not piling on all at once by downgrading the United States in concert.
Downgrading the status of any tournament would provoke a backlash from its backers.
Downgrading the foreign-policy role of the EU's six-monthly rotating presidency would be one idea.
Dilatory rating agencies are only now getting round to downgrading the most senior CDO tranches.
Standard & Poor's and Moody's Investors Service began downgrading the sewer debt last week.
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