Wasn’t it Caligula who had the bearer’s of bad news executed because the truth angered him?
In other news Argentina Freezes Food Prices, inflation running at 30%. In the old days Obama would have been tried for Treason for devaluing the currency like he has allowed by printing Trillions in greenbacks, that are quickly becoming worthless. China is getting so worried about the Trillion or so they have in worthless greenbacks, they want to negotiate Chinese Controlled Free Trade Zones inside the USA. The US Welfare Bums are going to find out that Obama’s free lunch tastes like sh*t. http://www.myfoxny.com/story/20958959/argentina-freezes-prices-to-break-inflation-spiral
That will teach them to report unfavorable news of the New Order.
Of course, said Eric Holder, this can all go away tomorrow if you don’t downgrade the US debt any further. Do we have ourselves a deal or…
You can bet the feds are going after S&P while ignoring others is because their biggest crime is being competition for some Dem patron/insider dishing payola into the Chicago Dem machine. This is Obumble paying back patronage nothing more.
Destroying market diversity with political hits in those who are not insiders is SOP for a corporatocracy.
Aaron Swartz. No similarity of course.
actually this is good, as, these scumbags at S&P, plus other rating agencies, gladly gave top rating to the subprime notes/good mtg paper, thus allowing subprime to be moved as “solid”, then the bottom fell out. If they had given the proper rating to this junk it may have helped avert some of the damage that ensued. I still think that some of these crooks should be in jail!!!
How dare someone expose the truth?!
This is… unexpected.
At least the Roman Praetorian Guard was honorable enough to deal with Caligula in an appropriate manner. No such luck with the CURRENT Praetorian Guard for the Chimp in Chief. As long as that paycheck keeps comin’ in, they don’t give a damn about no steenkin’ oath of office!
“…actually this is good, …”
Posted by: NME666
It is a falling out amongst thieves, and some will suffer at the hands of the others, but it isn’t good. Compared to all of them getting away with it, it is the lesser of two evils, and I may be as glad of that as you are, but the lesser of two evils still falls short of what we should describe as “good.”
Nice company you have there, be a shame if anything should happen to it…..
Let me see if I’ve got this right – this administration is blaming someone else for failure? How can that be?
It is unclear why regulators may be now focusing on S&P rather than Moody’s or Fimalac SA’s Fitch Ratings.
Really? Can’t think of anything?
This article is nonsense, S+P gives the best ratings money can buy. Any rating you want can be had for the right price. Just ask Facebook.
Keynes…yuppers, well said:-))
Tooner….we can watch and be entertained as they eat their own… true justice is only delivered by asteroid:-)))
The American government is short of cash, and this is another way of raising some.
The rules businesses have to abide by are so complex that almost every one could be sued over some failing or other.
Plus it’s another way for the administration to make “capitalism” appear evil.
Meanwhile the real culprits, the politicians who passed the regulations requiring financial institutions to make bad loans, get off scot-free.
Remember when the lefties claimed that refusing to fund things like “Piss Christ” was a violation of the First Amendment, because it would have a “chilling effect” (language from a Supreme Court opinion, I believe) on free speech? I’m sure that we’ll hear the same thing from them about this. Right?
nv53
Precisely. When a government compels and directs lending institutions to give mortgages to borrowers who have no wherewithal or compunction to pay for said mortgages you are sowing the seeds of collapse and that is exactly what happened; but of course we can always blame “the excesses of capitalism”.
Great Al for the President Downgrade…“Wasn’t it Caligula who had the bearer’s of bad news executed because the truth angered him?” Ha…
Wasn’t it Caligula who had the bearer’s of bad news executed because the truth angered him?
In other news Argentina Freezes Food Prices, inflation running at 30%. In the old days Obama would have been tried for Treason for devaluing the currency like he has allowed by printing Trillions in greenbacks, that are quickly becoming worthless. China is getting so worried about the Trillion or so they have in worthless greenbacks, they want to negotiate Chinese Controlled Free Trade Zones inside the USA. The US Welfare Bums are going to find out that Obama’s free lunch tastes like sh*t. http://www.myfoxny.com/story/20958959/argentina-freezes-prices-to-break-inflation-spiral
That will teach them to report unfavorable news of the New Order.
Of course, said Eric Holder, this can all go away tomorrow if you don’t downgrade the US debt any further. Do we have ourselves a deal or…
You can bet the feds are going after S&P while ignoring others is because their biggest crime is being competition for some Dem patron/insider dishing payola into the Chicago Dem machine. This is Obumble paying back patronage nothing more.
Destroying market diversity with political hits in those who are not insiders is SOP for a corporatocracy.
Aaron Swartz. No similarity of course.
actually this is good, as, these scumbags at S&P, plus other rating agencies, gladly gave top rating to the subprime notes/good mtg paper, thus allowing subprime to be moved as “solid”, then the bottom fell out. If they had given the proper rating to this junk it may have helped avert some of the damage that ensued. I still think that some of these crooks should be in jail!!!
How dare someone expose the truth?!
This is… unexpected.
At least the Roman Praetorian Guard was honorable enough to deal with Caligula in an appropriate manner. No such luck with the CURRENT Praetorian Guard for the Chimp in Chief. As long as that paycheck keeps comin’ in, they don’t give a damn about no steenkin’ oath of office!
“…actually this is good, …”
Posted by: NME666
It is a falling out amongst thieves, and some will suffer at the hands of the others, but it isn’t good. Compared to all of them getting away with it, it is the lesser of two evils, and I may be as glad of that as you are, but the lesser of two evils still falls short of what we should describe as “good.”
Nice company you have there, be a shame if anything should happen to it…..
Let me see if I’ve got this right – this administration is blaming someone else for failure? How can that be?
It is unclear why regulators may be now focusing on S&P rather than Moody’s or Fimalac SA’s Fitch Ratings.
Really? Can’t think of anything?
This article is nonsense, S+P gives the best ratings money can buy. Any rating you want can be had for the right price. Just ask Facebook.
Keynes…yuppers, well said:-))
Tooner….we can watch and be entertained as they eat their own… true justice is only delivered by asteroid:-)))
The American government is short of cash, and this is another way of raising some.
The rules businesses have to abide by are so complex that almost every one could be sued over some failing or other.
Plus it’s another way for the administration to make “capitalism” appear evil.
Meanwhile the real culprits, the politicians who passed the regulations requiring financial institutions to make bad loans, get off scot-free.
Remember when the lefties claimed that refusing to fund things like “Piss Christ” was a violation of the First Amendment, because it would have a “chilling effect” (language from a Supreme Court opinion, I believe) on free speech? I’m sure that we’ll hear the same thing from them about this. Right?
nv53
Precisely. When a government compels and directs lending institutions to give mortgages to borrowers who have no wherewithal or compunction to pay for said mortgages you are sowing the seeds of collapse and that is exactly what happened; but of course we can always blame “the excesses of capitalism”.
Great Al for the President Downgrade…“Wasn’t it Caligula who had the bearer’s of bad news executed because the truth angered him?” Ha…