To: Zakeet
Wow! It MUST be bad if even Johnny come lately Moody’s and S&P have noticed the credit deterioration...
18 posted on
01/13/2011 10:42:47 AM PST by
April Lexington
(Study the Constitution so you know what they are taking away!)
To: April Lexington
Wow! It MUST be bad if even Johnny come lately Moody’s and S&P have noticed the credit deterioration... The credit evaluation agencies noticed the problem years ago. Their whole exercise is, after all, nothing more than ginning a few financial ratios. They kept their mouths shut due to browbeating by Treasury and the Fed.
What's different is the problem has become so critical and so obvious that these clowns are now more afraid of class action lawyers than their government masters.
And that is indeed bad!
19 posted on
01/13/2011 10:57:06 AM PST by
Zakeet
(Always trust in the five G's: God, Gold, Guns, Grub, and the Government screwing up)
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