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Post by dog on Aug 1, 2011 7:19:02 GMT -6
Does anyone else find it disturbing that a single private entity (Moodys) can exert a significant financial pressure on this country and its citizens, by either raising or lowering our credit rating? It appears our financial well being falls into the hands of someone is paid, but not elected.
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Post by katydid on Aug 1, 2011 7:27:23 GMT -6
Sure do. Particularly when you consider it was Moody's who told banks sub-prime home loans were a good investment and never once warned of the housing collpase.
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Moody's
Aug 1, 2011 11:00:26 GMT -6
Post by OutlawwithaSnipeSniper on Aug 1, 2011 11:00:26 GMT -6
Does anyone else find it disturbing that a single private entity (Moodys) can exert a significant financial pressure on this country and its citizens, by either raising or lowering our credit rating? It appears our financial well being falls into the hands of someone is paid, but not elected. Nope, somebody has to be able to fight the MSM and Americas addiction to American Idol. It appears to be the only Institution who can cut through the Fog of misinformation. Katy, I kind of agree with your assessment, if even Moodys can see the problem, it must be bad, eh?
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Moody's
Aug 1, 2011 15:38:46 GMT -6
Post by greekgod on Aug 1, 2011 15:38:46 GMT -6
Interesting how much power a CORPORATION has on the finances of all citizens of the United States and the World Economy isn't it? g
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Moody's
Aug 1, 2011 18:28:37 GMT -6
Post by OutlawwithaSnipeSniper on Aug 1, 2011 18:28:37 GMT -6
Interesting how much power a CORPORATION has on the finances of all citizens of the United States and the World Economy isn't it? g Evidently not, Washington thumbed their noses at them just a bit ago......
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Moody's
Aug 1, 2011 20:35:30 GMT -6
Post by greekgod on Aug 1, 2011 20:35:30 GMT -6
Interesting how much power a CORPORATION has on the finances of all citizens of the United States and the World Economy isn't it? g Evidently not, Washington thumbed their noses at them just a bit ago...... Sniper, So a CORPORATION will now show Washington and ALL U.S. TAXPAYERS their wrath, because their "feelings are hurt"? Come on Sniper! Now the the failure or the success of the U.S. Economy is in the hands of the Grover Norquist's "Pledgers". You Won! We ALL must live with the "tea party" VICTORY! I can live with it! I worry about those without the means I have. g
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Post by katydid on Aug 2, 2011 7:08:20 GMT -6
Does anyone else find it disturbing that a single private entity (Moodys) can exert a significant financial pressure on this country and its citizens, by either raising or lowering our credit rating? It appears our financial well being falls into the hands of someone is paid, but not elected. Nope, somebody has to be able to fight the MSM and Americas addiction to American Idol. It appears to be the only Institution who can cut through the Fog of misinformation. Katy, I kind of agree with your assessment, if even Moodys can see the problem, it must be bad, eh? Ayep. At least they didn't fall the for 2 trillion in spending cuts.
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Post by katydid on Aug 2, 2011 7:10:29 GMT -6
Evidently not, Washington thumbed their noses at them just a bit ago...... Sniper, So a CORPORATION will now show Washington and ALL U.S. TAXPAYERS their wrath, because their "feelings are hurt"? Come on Sniper! Now the the failure or the success of the U.S. Economy is in the hands of the Grover Norquist's "Pledgers". You Won! We ALL must live with the "tea party" VICTORY! I can live with it! I worry about those without the means I have. g TEA Party victory. Tis to laugh. worry my arse.............
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Moody's
Aug 2, 2011 11:25:32 GMT -6
Post by OutlawwithaSnipeSniper on Aug 2, 2011 11:25:32 GMT -6
Sniper, So a CORPORATION will now show Washington and ALL U.S. TAXPAYERS their wrath, because their "feelings are hurt"? Come on Sniper! Now the the failure or the success of the U.S. Economy is in the hands of the Grover Norquist's "Pledgers". You Won! We ALL must live with the "tea party" VICTORY! I can live with it! I worry about those without the means I have. g Greek, kindly explain to the other kiddies who purchased 70 percent of the last few Federal offerings. You have a lot of guts to blame Moodys for our failures. Do YOU loan yourself money that YOU print?
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Moody's
Aug 2, 2011 18:57:08 GMT -6
Post by katydid on Aug 2, 2011 18:57:08 GMT -6
Well, well, well......... looks like the major credit-rating firms say we didn't fix the right problem. Tell me again, what this lauded "compromise" has accomplished? ( besides plunging deeper and deeper in debt) The U.S., rated AAA since 1917, was placed on negative outlook, New York-based Moody’s said in a statement today as it confirmed the rating.
JPMorgan Chase & Co. estimated that a downgrade would raise the nation’s borrowing costs by $100 billion a year.
Standard & Poor’s put the U.S. government on notice on April 18 that it risks losing its AAA rating unless lawmakers agree on a plan by 2013 to reduce budget deficits and the national debt. S&P had indicated that anything less than $4 trillion in cuts would jeopardize the U.S.’s AAA rating. www.bloomberg.com/news/2011-08-02/u-s-aaa-rating-faces-moody-s-downgrade-on-debt-economic-slowdown-concern.htmlWierd huh? That's exactly what the "extremists", "terrorists" and "racists" from the TEA Party have been saying all along. It was never about the debt ceiling-- it was about the spending and ya know what's scary? That 4 trillion dollar "bomb" is the exact same number those "right wing jihadists" had strapped to their chests.
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Moody's
Aug 3, 2011 19:50:00 GMT -6
Post by Snarko on Aug 3, 2011 19:50:00 GMT -6
Once again... free to leave.
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Moody's
Aug 3, 2011 19:53:30 GMT -6
Post by dog on Aug 3, 2011 19:53:30 GMT -6
Once again... free to leave. And let people like you bring this country down without a fight? ? No way pal!!!!!!!!!!!
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Deleted
Deleted Member
Posts: 0
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Moody's
Aug 3, 2011 20:29:39 GMT -6
Post by Deleted on Aug 3, 2011 20:29:39 GMT -6
Once again... free to leave. Hit the road yourself, Dancingfool...every single one of your posts reveals a depressed, beaten, disaffected fool.
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