• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

USSAAA - S&P Reconsiders Downgrade After White House Challenge

Tyler Durden's picture

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 08/05/2011 - 19:06 | 1528446 faustian bargain
faustian bargain's picture

Fiat ratings.

Fri, 08/05/2011 - 19:09 | 1528451 Long-John-Silver
Long-John-Silver's picture

Even the bubbles will have bubbles.

Fri, 08/05/2011 - 19:49 | 1528560 Dr. Porkchop
Dr. Porkchop's picture

Bubbles within bubbles.. trippy.

Fri, 08/05/2011 - 19:56 | 1528576 Yen Cross
Yen Cross's picture

  Great comments `~   (:

Fri, 08/05/2011 - 20:09 | 1528608 Mr Lennon Hendrix
Mr Lennon Hendrix's picture


Fri, 08/05/2011 - 20:03 | 1528591 dlmaniac
dlmaniac's picture

In short S&P agrees to mark to mirage when rating Uncle Sam's credit-worthiness.

Fri, 08/05/2011 - 20:28 | 1528652 10044
10044's picture

bubble party

Sat, 08/06/2011 - 04:00 | 1529871 Mentaliusanything
Mentaliusanything's picture

Fabric softner = H.R. 1489.

Use it Bitches or dinosurus R US

Fri, 08/05/2011 - 20:19 | 1528627 wisfool
wisfool's picture

Tatooine is such a peaceful place!

Sat, 08/06/2011 - 10:12 | 1530223 hamurobby
hamurobby's picture

Its 149 light years away, but I hear the slave trade is booming there.

What if the democracy we thought we were serving no longer exists, and the Republic has become the very evil we've been fighting to destroy?

Fri, 08/05/2011 - 19:07 | 1528447 Long-John-Silver
Long-John-Silver's picture

Unlimited Credit and spending Bitchez!

Fri, 08/05/2011 - 19:11 | 1528457 Duuude
Duuude's picture

I got a better one


Warren Buffett's Berkshire Hathaway Inc., which is seen as a proxy for the U.S. economy because of the broad reach of its companies, said second-quarter profit rose 74% to $3.42 billion on improved results in its derivatives portfolio.


Fri, 08/05/2011 - 20:19 | 1528628 buzzsaw99
buzzsaw99's picture

the one time squid thing came from the taxpayers and the derivatives gains just went down the shitter with the s&p. try to think beyond the headlines.

Fri, 08/05/2011 - 19:11 | 1528454 Mr Kurtz
Mr Kurtz's picture

Whadda ya think. A two pronged threat from IRS and Justice? Keep it AAA or else!

Fri, 08/05/2011 - 19:18 | 1528482 Rodent Freikorps
Rodent Freikorps's picture

Don't forget to mention this is the most corrupt "Justice" department in the history of the nation.

The MFM won't cover Fast and Furious, but it is getting uglier by the day.

It is almost as if the federal government wanted to make the drug cartels as strong as possible. Why would they want to do that?

Fri, 08/05/2011 - 19:52 | 1528568 Dr. Porkchop
Dr. Porkchop's picture

They just busted a worldwide ring of kiddie diddlers.

As for the perverts diddling the economy, well they can't seem to find any evidence on them.

Fri, 08/05/2011 - 20:01 | 1528587 Sir Real
Sir Real's picture

/Tin Hat Time/

Could it be that we are in an undeclared war with Mexico?  Mexico is considering using silver as currency per Hugo Salinas (sp?), which is contrary to US$ reserve status.  Also, Mexican farmers are not happy with GM corn and buying seed from Monsanto.  There are probably other issues which are not inline with current US policy.



Fri, 08/05/2011 - 20:25 | 1528643 Buckaroo Banzai
Buckaroo Banzai's picture

Um...yeah. Problem with that logic is that "fast & furious" guns were used to kill a US Border Patrol Agent.

The REAL agenda behind "fast & furious" is back-door gun control.

Fri, 08/05/2011 - 21:11 | 1528912 Rodent Freikorps
Rodent Freikorps's picture

Not to mention the dead Mexicans, including the brother of their Attorney General.

Fri, 08/05/2011 - 20:28 | 1528654 Galen Slade
Galen Slade's picture

Bingo - I have an answer for that one.  (Besides being a false flag operation for tearing up the second amendment and grabbing guns,)  The intention was to have the Zetas drug cartel overthrow the Mexican government.  This has several interesting consequences.

  • It results in tens of millions of illegals flooding into the United States, fleeing, or being driven by the Zetas.
  • Since there wouldn't be a legitimate government in Mexico, illegals couldn't be deported back.
  • The UN could then step in, declare them all as political refugees and demand that the US grant them amnesty (and all the goodies that illegals get here, welfare, food stamps, free medical care.)
  • Of course UN troops would need to be granted the right to enter US soil and set up bases to help police and deal with the refugee problem.
  • They would be registered to vote.  Democratic of course.  And would be located in sufficient numbers to heavily skew red states, like Texas and Utah, over to being blue states.
  • This blanket amnesty would result in lots of new US Citizens and Democratic voters - the 15 or so million illegals already in the country and the 20-25 or so million new political refugees.  Of COURSE there would be amnesty, this is a crisis and these are political refugees - how could we NOT grant them amnesty and we can't let them starve.....

Got the picture as to why the Feds were arming the Zetas yet ?

Fri, 08/05/2011 - 21:10 | 1528878 Rodent Freikorps
Rodent Freikorps's picture

That has merit.

OTOH we could send troops south to liberate the mestizos... and their oil.

Fri, 08/05/2011 - 22:38 | 1529223 legal eagle
legal eagle's picture

That has to be one of the dumbest conspiracy theory I have ever read. Thanks for the chuckle Chico

Sat, 08/06/2011 - 01:03 | 1529679 legal eagle
legal eagle's picture

Has to be dumbest conspiracy theory I have ever heard. Thanks for the chuckle Chico

Fri, 08/05/2011 - 19:40 | 1528535 Buck Johnson
Buck Johnson's picture

Yep, that was the threat.

Fri, 08/05/2011 - 20:15 | 1528623 DeadFred
DeadFred's picture

The 'guests' from Homeland Security who just moved into the homes of S&P's top officials are a big motivator as well. It's good manners to make your guests happy.

Fri, 08/05/2011 - 19:11 | 1528455 grunk
grunk's picture

New debt-rating agencies: Craigslist and EBay. 

Fri, 08/05/2011 - 19:43 | 1528536 nonclaim
nonclaim's picture

LOL... Next S&P rating?

"A+++++ will do business again!!!"

Fri, 08/05/2011 - 19:56 | 1528578 Dr. Porkchop
Dr. Porkchop's picture

AAA will be changed to "DoublePlusGood".

Chocolate rations to be increased for all who believe.

Fri, 08/05/2011 - 20:42 | 1528731 msamour
msamour's picture

Interesting 1984 reference.

Fri, 08/05/2011 - 22:03 | 1529139 Rhodin
Rhodin's picture

New debt-rating agencies: Craigslist and EBay.

And here i thought EBay was helping develop a new multi thread bidding system for congressional votes ;-)

Fri, 08/05/2011 - 19:11 | 1528456 inkarri9
inkarri9's picture

White House challenges analysis?  What did Obama say?  That it'll hurt his re-election chances(if that is possible)?  Or that it'll "cramp his style"  

Fri, 08/05/2011 - 19:11 | 1528459 Racer
Racer's picture

S&P your words are yet again proven to be not worthy of oxygen that is used

Fri, 08/05/2011 - 19:14 | 1528463 Piranhanoia
Piranhanoia's picture

Queen Elizabeth 14 here,  we are overdue to Southampton with a load of parchment for BOE. We have no passengers, the ship has been converted to freight as to haul greenbacks. Pirates from the EU are approaching,  please advise?

Fri, 08/05/2011 - 19:18 | 1528466 caerus
caerus's picture


Fri, 08/05/2011 - 19:47 | 1528554 Long-John-Silver
Long-John-Silver's picture


Fri, 08/05/2011 - 19:15 | 1528467 Nihilarian
Nihilarian's picture

USSA rating intact.

Fri, 08/05/2011 - 19:43 | 1528543 scatterbrains
scatterbrains's picture

I like to think of them as a wing of the cia.. it all makes sense that way.


Fri, 08/05/2011 - 19:14 | 1528468 Tracerfan
Tracerfan's picture

S&P lost any credibility it had many years ago, as did the other rating agency whores.

Fri, 08/05/2011 - 19:19 | 1528476 louisianagold
louisianagold's picture

Street thuggery - the new Amerikan way.

And the wildebeast dances barefoot on the White House lawn.

Fri, 08/05/2011 - 19:19 | 1528477 digalert
digalert's picture


the old 'numbers no good trick'

WH: your numbers are no good

S&P: we know that

WH: well you can't downgrade us with bad numbers

S&P: where do we get these "good" numbers?

WH: we don't know where good numbers come from.

Fri, 08/05/2011 - 19:19 | 1528485 caerus
caerus's picture


Fri, 08/05/2011 - 19:38 | 1528516 sasebo
sasebo's picture

to WH - just pull some numbers out of your ass - Don't make a shit - this m-fucker is going down anyway & taking you obnoxious, pompous assholes with it. You've made sure of that.

Fri, 08/05/2011 - 20:19 | 1528631 DeadFred
DeadFred's picture

Look for them amongst the unicorns where you found today's NFP numbers.

Fri, 08/05/2011 - 19:20 | 1528478 flaunt
flaunt's picture

Epic Friday night fun!

Fri, 08/05/2011 - 19:21 | 1528479 Misean
Misean's picture

I for one saved several million dollars on dinner alone, today. Instead of buying a Bughati Veyron to go pick up pizza and beer, I had it delivered.

Fri, 08/05/2011 - 19:56 | 1528579 faustian bargain
faustian bargain's picture

Oh yeah? Well I just saved the entire world by deciding not to destroy it with my mind. In lieu of thanks, just send money to my Paypal account.

Sat, 08/06/2011 - 00:32 | 1529619 StychoKiller
StychoKiller's picture

Hmm, truly sounds like a "Faustian bargain" to me! :>D

Fri, 08/05/2011 - 19:23 | 1528488 dontshoot
dontshoot's picture

I have no words.    .......................................................................

Fri, 08/05/2011 - 19:26 | 1528493 gwar5
gwar5's picture



Yes.!  ..... we have no bananas!

Do NOT follow this link or you will be banned from the site!