RJA #14a: Application Project Progress Report

The progress made on my application project is that its almost complete. I have decided to write a news story and I am using the current head lines of the credit crunch in Greece and Portugal to outline what happens when a credit rating agency such as Moody’s or Standard and Poor’s downgrades your credit and how it effects the currencies involved. This fits in perfect with my “Is America selling out theme” because in my paper I was able to identify a lot of parallels between what happens when one currency comes under pressure and how it effects its inverted equal. I have a collection of current event articles this attack the issue from all sides and I also have one online time line resource.