BoatBanter.com - View Single Post

Beach Bum

On 7/30/2011 2:04 AM, wrote:
On Fri, 29 Jul 2011 22:25:58 -0600,
wrote:

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.

Read the facts. S&P likely committed fraud, but they're big business,
so they're ok with you.

Poor little man... so pathetic.

There's the little reference again. Have you measured your idol yet.
Probably not. He has enough sense to avoid being touched by a diseased,
foul mouthed, urchin.