Quote

We may very well be faced with the choice of retaining the AAA credit rating or abandoning some of our key infrastructure projects, which are about jobs for the future. I will choose jobs in that equation every time.

It's not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But the financial crisis happened because AAA ratings stopped being something that had to be earned and turned into something that could be paid for.

The once-unthinkable loss of the AAA rating will constitute a further hit to already fragile business and consumer confidence.

It is hard to imagine that, having downgraded the US, S & P will not follow suit on at least one of the other members of the dwindling club of sovereign AAAs. If this were to materialise and involve a country like France, for example, it could complicate the already fragile efforts by Europe to rescue countries in its periphery.

Michigan is also the only industrial state that has a AAA credit rating.

If we are going to approach the euro area as a zone with a harsh line in the middle between AAA and non-AAA, between the north and the south, no way are we going to move forward.

More businesses should be following Apple's stance in encouraging more investment in sustainability.

We have to scrutinize the entire abatement process to ensure the companies that are under consideration for an abatement truly need one, and I don't believe that is being done now.

Obsolescence never meant the end of anything, it's just the beginning.

Apple really has no presence in business, and we think Vista's going to have a huge presence in business. We think we're going to help the corporate IT stack save money.