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Good Idiot - Bad Idiot: Moody's Maintains Top US Rating, Outlook Positive
Following the bad idiot move by the S&P earlier, here comes the good idiot. Per Moody's: "Moody's Maintain Top US Rating, Outlook Positive." In other news, Mark Zandi is violently and uncontrollably dry heaving in a corner somewher, wondering why, oh why, is it so difficult to get Tim Geithner's job.
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I don't care who ya are, that shits just funny right there.
Yep...
We're seeing this more and more. Systemic 'good cop bad cop'. JP Morgan vs Goldman on commodities; Moody's vs SP. One thing we do know, all parties know the information before it is announced to the public.
God forbid every financial institution should be bullish. That would imply the markets are.. illegitimate!
Don't forget the dueling Fed governor statements
Good point...information before it is announced to the Public? - that is heresy </Sarcasm off> - insider...ohhh wait on the TIP of my tongue...insider trading? Damn What would Martha Stewart do?
And Moody's made a statement of support in a split second..And to think this whole casino is only standing upright due to perception..
Sounds like an Excellent Adventure...LOL
I've never heard so many air guitars play at once
all I hear is the sound of sucking...
http://www.youtube.com/watch?v=R1AEDwsoCx8
Buffet owns Moody's. 'Nuf said.
ahh
They voted for it before they voted against it
I've seen this before.
Steve Liesman is also scrambling for something positive on cue..I think I could have emailed him myself with a positive outlook and it would have went straight to air...
actually becky and the girls have to jump start the boys with a little peek, sort of like re-booting.
More cow bells
"Zandi uses old-style Keynesian models in the spirit of Nobel Prize winner Lawrence Klein."
Enough said.
I was just like "Zerohedge has a wiki?" Nope. (And that's OK.)
Didn't think of that.lol I should post the source next time.
Ratings don't matter, BTFD ...LOL
This should however be a mma type of battle today to get this market green to discredit s&p...
Either Moody's sees nothing but sunny skies ahead or it doesn't wish to bite the hand that can crush it.
They checked and buffet is long so would violate berkshire's help the insider trading rules
Dup
Moody's has absolutely no credibility at rating anything. They were up to their eyeballs in the WorldCom fiasco (even to the point of having someone on the board), the Sub-Prime fiasco and every other corrupt thing you can think of. The agency is nothing more than a Ponzi enabler to be bought by the Ponzi merchants.
Agree - Moody's and their talking hand Zandi have absolutely no credibility
gold traders believe them.
It's all so heartwarming - this faith in the good old USA. Of course we're going to be allright, after all, in God we trust. Yea, though I walk through the valley of the shadow of death, etc, etc.
It's like walking down the main drag of the state fair, with all the carnies shilling their show. Let's see, shall we go look at something gross like the 500 # bearded lady, something ludicrous like the machine that turns monkey shit into gold, or maybe something really interesting and reptilian with two heads. So many choices!
Kinda tells you who can do math, and who's pwned
do you think Geithner / Obama et al will use the market selling off on a negative outlook to their advantage to strongarm the GOP into raising the debt ceiling? hmmmm.........seems like Timmy was trading on insider info yesterday by going public with his concerns.......
I firmly believe that is what it's about.
The Ponzi masters are getting desperate. Look at the trading today. They are hanging by a thread. I can't wait until QE ends. This is going to be a fucking blast.
QE ain't going to end until it all collapses next year as planned. US dollar will be dead and some global BS currency will be forced on us all...
cannot let gold and silver close positive at any cost today.
completely, uno. It's why the despots are hanging by a thread. This is nothing but a complete hammer down by JP Morgan. In fact, the way P.M.'s are trading today I don't need to see the other side of JP Morgan's book. JP Morgan is, in fact, the fucktards holding and putting on the shorts on the P.M.s.
Today's trading bullshit is complete proof of their internvestions and fear of a fiat collapse. Jamie and Blythe are yelling down to their traders, "if you want your fucking jobs you will take down the P.M.s today, and you better get those subsidiary HFT's rolling the market up. We can't have this shit boyz."
Yeah, whatever, Fuck You JP Morgan Chase. You're going down.
also the DXY has to be positive and I expect the Dow and S&P close up, gotta control the headlines
and yah, according to the "republican" non-partisan economist Mark Zandi, who claimed my initial stimulus would have created or saved 10,000,000,000 jobs, per his / Romer's model, thinks the US is fine........
Dollar up on this news:
"BRICS Make Move to Shove Dollar Aside"http://www.marketwatch.com/story/brics-make-move-to-shove-dollar-aside-2...
Gold down on this news:
"S&P cuts U.S. outlook to negative on fiscal worry"http://finance.yahoo.com/news/SP-cuts-US-outlook-to-rb-384336593.html?x=...
Ya that bric business caught my eye the other night.
I can hear geihtner on the phone talking to india.
"Is this beause of those chinese students laughing at us?"
"This is becuase we sent hilary over there isn't it?"
"Hey I know intel owes your exchequers quite a bit of money for the laundering paper computers thing. I'm good for it man. I'll get it to you next month."
"Mr. Tim you have good phone voice. You need job some day. Maybe exile. Come see me."
and that's why Buffet can front run all day long.
Prostitute Moody got paid last night by the Gov; that's the difference.
Ahh the ol 1-2 sucker punch. It's a tired script, but everyone loves the classics...
"I don't give a crap about S&P's ratings, I'm going to continue to buy 80% of issuance"
Benjamin S Bernanke
"WOO HAAA - GOT U ALL IN CHECK!"
- Busta Bernank
What a wonderful morning of watching the 'free-market' play ping-pong. This shit is so transparent at this point. These fucking globalist are either brilliant (unlikely) or terrified (likely).
T.B.T.F untill it does.
Just a bankster utilities PR , spins and delaying - food for corrupted MSM.
Like S&P and Moodys are independant and other crap bs. Moodys will announce it few weeks/months later depending on developments on banster empire periphery.
Of course, periphery must always look much uglier than (corrupted) core
WTF...
Why is Moodys or SP still around ....
Most of the principals should have already been put in jail....
Oh....justice in the US is just for the small fry....
The big too big to jail top job suppliers are A OK....
America....the home of the Ivy League connected....
Police policing the police.....
The US is a JOKE FASCIST FAILED STATE....
Not until all the boots come home.
"Moody's Maintain Top US Rating, Outlook Positive."
outlook positive.......?
that's what I thought, upgrade to AAAA++++, Bagdad Bob press release
Maybe Moody's gained an access to the discount window and are high on the cheap fiat provided by the chair creature. Who knows, these are strange times... =D
It's quantum physics, bi@ches!
Sounds like someone collapsed the wave function at the S&P...
Moody's and S&P
It takes two to tanko.
tis a concise title
As for the Fed idiots and the government being able to sort this mess out... they couldn't stop a charging snail!
This is not the rating you are looking for
EXCELLENT HEADLINE! Almost made me pee-pee in my pants! Way to go TD
Moody's is a follower, not a leader. Last of all is Fitch -- totally useless.
Seriously... is there ANY WAY to shut down/bankrupt Moodys and SP? Those unelected scumbags have way too much power on all our lives.
Good idiot/bad idiot-- sounds like wall street and the ratings agencies are getting the cues from our democrats and republicans-- it's all one shit show of good idiot and bad idiot-- the only ones not united in this country are the peasantry and slaves who continue to be distracted and taking what the slave masters are telling them to do. Taking away liberties one idiot at a time.
That's a good point lolmao. Who in his right mind expects guys like S&P or Moody's to do their due diligence for them?
Those clowns may have served a purpose in the days when newspapers were the quickest route for news dissemination, but today? Give me a break. Those guys are parasites. Shut them down!
Per Moody's: "Moody's Maintain Top US Rating, Outlook Positive."
I would assume the outlook from Moody's should be "stable" unless they intend to upgrade the U.S. to AAAA in the near future. Given the general quality of their credit analysis, I wouldn't put it past them....
My thoughts exactly :-)
Maybe TD pulling our leg...
The only one with credibility is ZH
Issue currency will ya
+1000
'COPPER has ignored the recent equity bounce. Daily and weekly are not bullish' ~ March 31, 2011.
'When the sell off does occur, it won’t be pretty. As mentioned earlier, this market behaviour is similar to 2007 / 2008' ~ April 6, 2011.
'DOW/S&P500 is tracking sideways once again suggesting that short covering rally has lost momentum' ~ April 7, 2011.
http://stockmarket618.wordpress.com
My company subscribes to Zandi's service (Should be Moony rather than Moody) - his team's forecasts are overly optimistic & irrational - if he wants Geithner's job he should do it the old fashion way - bribe people, but, for God's sakes their forecasts are F*CKING useless - total waste of $$$$$ - however, perhaps he is offering no value for subscribers because he wants to add as much value as Geithner does to the REAL ECONOMY - Remember when Moody's was compelled to testify before Congress after the 2008 debacle they were very clear that it was only their opinion - and you KNOW what they say about OPINIONS - and Zandi & Moody's is worthless