By John Solomon
How the government's punishing of the exposure of official wrongdoing can linger for years
Well aware that the television audience may be particularly sensitive, the Showtime network aired a disclaimer warning audiences of violent content in the season finales of its dramas "Homeland" and "Dexter" last weekend. It was two days after a gunman killed 26 people in a Newtown, Conn., elementary school.
Moody's Investors Service on Tuesday warned that it will downgrade the U.S. government's AAA credit rating if Congress and the newly installed president next year fail to produce a major budget agreement that stabilizes and reduces the U.S. debt.
The U.S. averted a debt default Tuesday when President Barack Obama signed a bill raising the country's debt ceiling. But the debt deal might not be enough to maintain its coveted AAA debt rating, according to two credit rating agencies.
Top video games can earn anywhere between $1 billion and $6 billion in revenue, said David Riley, executive director of the NPD Group.
"They need to set out some kind of plan to address the deficit and debt in a sensible way," Fitch Managing Director David Riley told Bloomberg Television last month. "We are not looking for slash and burn; we are talking about a sensible reduction. If they can't really put that together in the first half of 2013, there is a significant threat to the loss of the triple-A rating from Fitch."
