Government can say "Laws mean whatever WE say they mean! We don't have to prove a thing in the court of law."
Yuse gonna make sure we gots the best rating see? If yuse don’t, yuse gonna sleep wit da fishes, capiche?
Or
(%^%^%$^$^$&^!!!!! Imma cap yo’@$$ fool! Now gimme my money!
Take your pick.
Btt
Gangster Government bump
The Chicago Mob statement of principles:
“We reward our friends and punish our enemies, while the MSM cheers us onward.”
“when it comes to America’s growing debt, it is prudent to see no evil, hear no evil and certainly, speak no evil.”
Standard & Poor’s makes its money by publishing credit ratings that represents its opinions on the quality of stocks and bonds. Now our dysfunctional government is forcing S&P to cook the books to drive up the prices of securities so that people are fooled into buying them for more than they are worth. This will make the economy (and the administration) look good, for a while. When the chickens come home to roost their flunkies in The Press will point the finger at S&P and the rest of Wall Street .
The same sort of thing happened in year 2000 after the Dems forced bank to put mortgage rates artificially low, leading a real estate crash and a recession (”Bush’s fault”).