Monday, August 8, 2011


In light of its downgrade of the U.S. government debt, the question is just how credible is Standard and Poor's? After all, this is the rating agency that remained supportive of Enron before its implosion, issued triple A ratings to institutions in the housing debacle, and bestowed an A rating on Lehman Brothers before it collapsed. Apparently the standard is poor.

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About Me

Alexandria, VA, United States
'To see what is in front of one's nose requires a constant struggle." - George Orwell