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The things he says about the track athletes is really downgrading for another athlete to be saying something like that about other athletes.
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The reasons for this are manifold: The ratings agencies didn't really downgrade any subprime mortgages, didn't downgrade the investment banks as they collapsed and are deeply conflicted as they are paid by the firms they are rating.
Who Should Really Be Downgraded: USA or S&P?
If you're feeling really adventurous, you can try downgrading your phone to the 1.1.4 firmware using the instructions here, but we haven't tested them and there's a good chance that you'll fail miserably (don't try this if you have an iPhone 3G).
What you really want to avoid doing is "downgrading" a couple's status.
The phrase "downgrading to loungewear is taboo," for example, really hit me hard.
T-Mobile calls it "downgrading".
"He used to say a downgrade would be a disaster, today he says this downgrade doesn't matter - but he is still warning a further downgrade really would be a disaster," he said.
If you really want to downgrade to Windows 7, you'll have to do it yourself.
Don't forget we have a full list of world credit ratings here (which we will be updating sharpish!) 4.54pm: The Spanish downgrade really does ratchet up the pressure on the European Union.
And when you gleefully state, "I am not going to honor my obligations," it makes it really easy to downgrade your credit rating.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com