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To: expat_panama

Didn’t the Obama regime threaten Moody’s when they mentioned downgrading America’s credit rating?


4 posted on 06/22/2016 5:51:21 AM PDT by Original Lurker
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To: Original Lurker
Obama regime threaten Moody’s when they mentioned downgrading America’s credit rating?

What I remember is that in Oct. of 2008 O used the downgrade as evidence that McCain's 'unpatriotic' deficits were making the U.S. go into default. --and a lot of people actually believed it!  The payoff later was that there was no prosecution of Moody's bad calls before the crisis that duped thousands of unsuspecting investors who trusted Moody's.

Looks like the NYT still trusts Moody's today.

12 posted on 06/22/2016 6:04:47 AM PDT by expat_panama
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