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Senate Probing S&P Downgrade
If anyone thought that the Congressional subpoena of Meredith Whitney was taking it too far, you ain't seen nothing yet. According to flashing headlines, the idiots in the Senate now have S&P firmly set in their sights. Reuters adds that, "the Senate Banking committee has begun probing last week's decision by Standard and Poor's to downgrade the U.S. credit rating, a committee aide told Reuters on Monday. The aide said the panel was gathering information about the S&P move but no decision had been made on whether it will hold hearings into the downgrade. But, the aide added, all options were being weighed." At least this action did not involve the Feds and a SWAT team breaking into the company's headquarters unlike a comparable escalation in Italy. We are currently conducting a Lexis-Nexus search to find when the last time that a rating agency upgrade of a nation resulted in the type of prosecution which the glaringly terrorist and racist S&P (in the US) and S&P and Moody's (in Italy) are subjected to currently. We will be sure to bring you the results as soon as have them. We are confident the search will be very, very fruitful. In the meantime, keep an eye on the FBI's most wanted terrorist list. The face below may soon be staring at you from it. And if not, Deven Sharma should prepare for a lifetime of body cavity searches courtesy of the TSA.
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MHP (McGraw-Hill) is only worth $12 market cap, Mr. Geitner can just spend $6 billion to control the whole company and get the AAA back tomorrow. Don't spend the money on these stupid hearings/investigations.
How are they doing that given that they are on vacation for 5 weeks?
they are always on vacation
The question is are they gonna have anal with it if probe shows clean? or will they plunge in regardless?
i think congress is doing so by the command of Chairman Mao.
Welcome to USSA.
Democracy is a priviliege only if you are compliant, not a given right.
Their are no depths so low that US politicians won't aspire to. Surely this idiotic move will instill confidence in the US. We are becoming the laughing stock of the world.
The American People will be probing Washington soon.
Thomas Jefferson
The LIE must be maintained at all costs.
“If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
There's nothing more therapeutic than Austerity and Depression
to focus Body and Mind and restore a healthy sense of Reality.
It's been long overdue !
...if they only had a dog that could hunt, for the dog and pony show. This is pathetic and boring ...still. http://www.youtube.com/watch?v=MtiMpyROj74
Did anyone notice that the S&P 500 was down 6.66%? remember the low in 2009? It was 666! Someone is manipulating the market. Who could it be? Oh I don't know...maybe SATAN! Or Bernanke.
Our honorable Senators are defending the Constitution!
http://en.wikipedia.org/wiki/Fourteenth_Amendment_to_the_United_States_Constitution#Text
I listened to O bamas speech and my only reaction was why the fuck doesn't he just shut up doesn't he know every time he opens hsi mouth every thinking person goes to ZH and goes wha?
THE S&P 500 MONTHLY CHART THAT FORECAST THE CRASH.
Further downside expected.
http://bit.ly/x618
I can't wait until 10 years from now, when our washed up leadership from the congressional and executive branchs get together for a season appearance on "The Surreal Life". We will definitely need our bread and circuses by then.
i am certain dead bodies will be found consequent to the downgrade....my guess is that the army delta force assassination squad (the same group who murdered martin luther king) will be called upon to destroy state terrorists....many careers will be destroyed over this matter.....
truth ain't welcome in a nation of liars
You want to import gangs of feral immigrant father-less youth that have been raised on a diet of bullsh*t (mainly-US sourced) music videos, the mantra of individualism and 'rights, not duties' rhetoric ? Be my guest.
Down with those who say "Arbeit Don't Macht No Frei". They may create a panic, and therefore must be marginalized. This ruiniation must proceed in an orderly fashist fashion.
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