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#2
posted to rec.boats
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S&P crooks
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. |
#3
posted to rec.boats
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S&P crooks
On Fri, 29 Jul 2011 22:25:58 -0600, Canuck57
wrote: 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. and canada has socilized medicine 30% union membership while the 'free market' americans have free market health insurance and almost NO labor unions so he admits that countries with SOCIALIZED MEDICINE and LABOR unions do BETTER than FREE MARKET countries even though he says america's not free market enough! |
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