U.S. Loses AAA Rating

Debt market strips U.S. of triple-A rating.

That puts the United States' third-quarter performance behind only two other nations, both of which are struggling with the early stages of sovereign debt crises: Ireland, whose CDS prices rocketed 72% to a record amid growing questions about the costs of a massive bank bailout, and Portugal, whose costs jumped 30%.

I'm not a financial planner or an economist, but this doesn't sound good to me. Not just the AAA rating being taken away, but look what company we are in...Ireland and Portugal who are near default.