Thread: S&P crooks
View Single Post
  #10   Report Post  
posted to rec.boats
Canuck57[_9_] Canuck57[_9_] is offline
external usenet poster
 
First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default S&P crooks

On 29/07/2011 3:04 PM, wrote:
First, Standard& Poors threatened to downgrade the US credit rating
if cuts were not made to Social Security and Medicare to reduce the
deficit.

Then, two days after a bipartisan Senate committee found S&P's
misleading mortgage ratings to be a 'key cause' of the 2008 financial
crisis, the agency issued another downgrade threat.

A few months later, after the SEC announced they would investigate
agencies like S&P for fraud, S&P issued yet ANOTHER downgrade threat,
this time with the arbitrary ransom of $4 trillion in deficit
reduction which would likely include deep cuts to Social Security and
Medicare benefits.


Read the new tag line for the answer. If you can't pay the bills
without a fraud money print, you shouldn't have a rating any better than
Greece. Greece can't QE3 and **** $600 billion like Bernake can.....
because QE is a fancy name for central bank fraud. Zimbabwe tried and
went bankrupt. Iceland tried it and went bankrupt. Argentina tried it
buy gave up when inflation was ramping up so fast and unemployment hit
40%. Asian currency crisis was attributed to it and their problems
ceased growing 12 months after they told the bans to cease the practice
or be shot.

USD has already lost more than 30% against the Yuan and CAD in the last
5 years. And you can bet your welfare check isn't going to keep pace.

--
USA, can't and refuses to pay their bills with real money, Bernanke has
to create the no-value fraud QE inflation moneys out of thin air and buy
the US treasuries in a ruse that no one else in the world will buy.