Moody's Sells Out As Usual: Leaves US At AAA, Puts Outlook On Negative Not To Appear Overly Corrupt Or Incompetent

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Tue, 08/02/2011 - 18:03 | 1518601 swissinv
swissinv's picture

well no suprise with Moody's - now I wonder if S&P has the balls to!

Tue, 08/02/2011 - 18:35 | 1518724 CH1
CH1's picture

S&P will cave too. Anyone who wants respect from the masses always caves to the state.

Tue, 08/02/2011 - 23:44 | 1519486 trav7777
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are you tards paying attention to the TLT?  I mean, shit bonds been goin up up you can call these types of yields OTHER than AAA is beyond me.

The ridiculous yields of USTs warrant a AAAA rating, IMO.  And, yes, I am fully aware that we are fuckin bankrupt.  The market will set the paper price, fuck the raters.

Tue, 08/02/2011 - 19:16 | 1518861 dwdollar
dwdollar's picture

Come on now.  America won't be AAA forever.  The rating agencies will give you fair warning of AA status a full 2-4 hours before financial armageddon and complete collapse into a Mad Max scenario.  Just don't make the mistake of being asleep more than 4 hours at a time.

Tue, 08/02/2011 - 19:51 | 1518988 Raymond Reason
Raymond Reason's picture

Just don't make the mistake of being asleep more than 4 hours at a time.

Good strategy.  I think i'll see if i can get on Moody's email notification list. 




Tue, 08/02/2011 - 20:39 | 1519109 Tanz der Lemminge
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Doesn't Moodys still have Confederate war bonds rated Aaa?

Wed, 08/03/2011 - 02:29 | 1519668 Al Gorerhythm
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Are they including tranches of BBB and CCC sub-prime treasuries into the mix and rating them AAA regardless ...... AGAIN? 

Tue, 08/02/2011 - 18:03 | 1518603 knukles
knukles's picture

Charades:  Smells like....

Tue, 08/02/2011 - 18:03 | 1518604 MsCreant
MsCreant's picture

And Gold still climbs...

Tue, 08/02/2011 - 18:56 | 1518774 TSA Thug
TSA Thug's picture

Well yea it does. You should have heard Rush and Hannity today. They were on fire! Repubs(with means) who object to the passage of the bill are going to put pressure on the markets. Hannity had a guest on today telling listeners to buy used cars!

Holy Smoke MsCreant. Fireworks before my very eyes! They are going to force the second down leg using various media and subversive messages.


Tue, 08/02/2011 - 23:45 | 1519487 trav7777
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used cars are harder to find due to Cash for Clunkers, where they junked a lot of the potential used car supply.

Another dipshit program from Obama

Wed, 08/03/2011 - 02:36 | 1519674 StychoKiller
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Hmm, I wonder if could get a collector to part with a Deusenberg (Speling?) for some AU...

Tue, 08/02/2011 - 18:03 | 1518605 Ratscam
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the debt is transitory

Tue, 08/02/2011 - 18:09 | 1518627 knukles
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The Empire is transitory.

Tue, 08/02/2011 - 18:05 | 1518612 swissaustrian
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Moody´s stock is still up arround 20 % this year...

Tue, 08/02/2011 - 18:05 | 1518613 unky
unky's picture

The economic outlook already deteriorated... The S+P 500 dropped below 1250

Tue, 08/02/2011 - 20:21 | 1519063 TwelfthVulture
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Now that they got the debt ceiling raised they can concentrate on getting QE3 started.  Can't do that with indices at multi year highs.

Tue, 08/02/2011 - 18:07 | 1518615 smlbizman
smlbizman's picture

the 3 mos. libor keeps going and going and going......won't be long

Tue, 08/02/2011 - 18:07 | 1518618 Rodent Freikorps
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So the ECB was right when they called the rating agencies corrupt, criminal, lying dens of cheap prostitutes?


Tue, 08/02/2011 - 18:10 | 1518630 Yen Cross
Yen Cross's picture

  And that was " Candy coated".   +1

Tue, 08/02/2011 - 18:42 | 1518756 Rodent Freikorps
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I'm trying out my kinder, gentler, imperial executioner persona.

Tue, 08/02/2011 - 18:17 | 1518658 knukles
knukles's picture

Dens of cheap prostitutes?
Warren Buffet still owns one of them brothels! 

Tue, 08/02/2011 - 18:33 | 1518715 Pay Day Today
Pay Day Today's picture

These ratings agency prostitutes are NOT cheap.

Tue, 08/02/2011 - 18:37 | 1518732 CH1
CH1's picture

Insert "takes one to know one" here, but yeah, theyt were right.

Tue, 08/02/2011 - 18:10 | 1518629 huckman
huckman's picture

Hey Moody's- What's our consolidated sum total "liquid asset"? 

Tue, 08/02/2011 - 18:10 | 1518632 Temporalist
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And the CNBS teams are saying "We've been long on silver for a long time" and Cramer just said gold has a long way to run as only 1.5% of people hold gold.  Cramer said gold about 1660 times.

Tue, 08/02/2011 - 18:14 | 1518643 Yen Cross
Yen Cross's picture

  Cramer is TURD BURGLER on a wafffle iron...   





                                                                   Watch him silzzle in SOROSVILLE!!!

Tue, 08/02/2011 - 18:14 | 1518645 Rodent Freikorps
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So, gold is about to be pimp slapped all the way to the sub-basement?

Tue, 08/02/2011 - 18:18 | 1518656 Yen Cross
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 Leading indicators...  SPX, RBA, DXY.... Stay sharp!

Tue, 08/02/2011 - 18:14 | 1518649 drchris
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Zandi was probably the biggest winner in the dept ceiling debacle.  AAA can't be cheap.

Tue, 08/02/2011 - 18:15 | 1518651 hambone
hambone's picture

Don't walk - RUN to buy more gold and silver...the farce is becoming too blatant for even the most self absorbed American to notice (ok, that's not true, as they are on their i-pad, pod, w/ $800 Skullcandy earphones)...but maybe their parents will start catching on (ok, that's not true either) way Americans will notice a fucking thing till long after the smell of smoke has passed and finally flames are leaping around them...then, maybe then, they'll get it.

Tue, 08/02/2011 - 19:48 | 1518977 KingdomKum
KingdomKum's picture

+ 1,000 

Tue, 08/02/2011 - 18:18 | 1518661 Sudden Debt
Sudden Debt's picture

I wonder how they'll rate the US when rates are at 15% on the 10yr.


Tue, 08/02/2011 - 18:25 | 1518685 knukles
knukles's picture

Rate the US?  Nobody's gonna be left alive when rates go to 15%.  Hell, the whole fucking world's current debt burdens are barely servicable at current rate levels.... re: Greece, et. al....
And all the solutions worldwide to too much debt are to take on more debt?
This don't work in the end.

Tue, 08/02/2011 - 18:45 | 1518766 Yen Cross
Yen Cross's picture

S/D Watch the  cyn/usd revalue...  The truth is right in front of us...!

Tue, 08/02/2011 - 19:04 | 1518825 fishface
fishface's picture

well, the Egyptian 3yr is almost there, same rating and guaranteed by by the same Mob.


Tue, 08/02/2011 - 18:21 | 1518672 bigdad06
bigdad06's picture

Moody's is not going to downgrade the debt rating unless they get the go ahead from JP Morgan and GS, who will be short treasuries of course. Check out the new video here .

Tue, 08/02/2011 - 18:49 | 1518759 knukles
knukles's picture

OK.  I’m gonna tell you somethin’.  Good Old Boy Warren Buffet’s Moody’s Invented Rating Services tries so much as to seriously fuck with the AAA of the Good Old United States of America anymore, gonna be some conversation like this from Pulp Fiction, with Timmah a-jumpin’ ‘round in the Gimp Suit screamin’ that Warren’s effective tax rate is not fucking gonna so much as see that of his secretary's on it’s way to 117%, retroactive to pre-1492, but his ass is gonna be way long time in front of so fucking many congressional committees he ain’t never ever gonna see Omaha Fucking Steak City Nebraska AAAgain in his life time.



Butch: You okay?
Marsellus: Naw man. I'm pretty fuckin' far from okay.
Butch: What now?
Marsellus: What now? Let me tell you what now. I'ma call a coupla hard, pipe-hittin' niggers, who'll go to work on the homes here with a pair of pliers and a blow torch. You hear me talkin', hillbilly boy? I ain't through with you by a damn sight. I'ma get medieval on your ass.
Butch: I meant what now between me and you?
Marsellus: Oh, that what now. I tell you what now between me and you. There is no me and you. Not no more.


Tue, 08/02/2011 - 18:22 | 1518675 doomandbloom
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haha....all is return to your posts peasants! breaks over.

Tue, 08/02/2011 - 18:24 | 1518682 caerus
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we're triple a see...and we'll remain triple a understand..see...

Tue, 08/02/2011 - 18:30 | 1518705 andybev01
andybev01's picture

Nyaah, see?

Tue, 08/02/2011 - 18:33 | 1518719 caerus
caerus's picture


Tue, 08/02/2011 - 18:46 | 1518767 Rodent Freikorps
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Edward G. Robinson always creeped me out.

Tue, 08/02/2011 - 18:24 | 1518684 Madcow
Madcow's picture

When is a crisis reached? When questions arise that can't be answered. 
- Ryszard Kapuscinski 

Tue, 08/02/2011 - 18:25 | 1518687 CompassionateFascist
CompassionateFascist's picture

Did not know that US "guarantees" Israeli debt paper. Not surprised, tho. As usual, tail wagging dog.

Tue, 08/02/2011 - 18:32 | 1518711 andybev01
andybev01's picture

I was wonderin' where all the joo haters were hiding.

Tue, 08/02/2011 - 19:18 | 1518880 Rodent Freikorps
Rodent Freikorps's picture

They are busy getting in shape for the annual fall Intafada season.

Gotta burn off that glossy look from living off western welfare for most of the year.

Tue, 08/02/2011 - 19:11 | 1518850 Homey Da Clown
Homey Da Clown's picture

Is it difficult to type with that hood on?

Tue, 08/02/2011 - 18:26 | 1518689 caerus
caerus's picture

fuck this looks like a the gaps on Au and Ag...

Tue, 08/02/2011 - 18:38 | 1518740 Cult of Criminality
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I like trading gaps especially when they gap down in an uptrend because it will close the gap and usually keep climbing overshoot  then sometimes you get a short short in AU or AG even better.

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