Standard & Poor's warns against the Greek rescue.

Discussion in 'Latest US & World News' started by manchmal, Jul 4, 2011.

  1. manchmal

    manchmal Well-Known Member

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    Kicking the Greek can down the road is not going to make everything just fine after all, according to Standard and Poor's. Anybody who drank this koolaid about a bailout for Greece may be about to have a disaster on their hands, especially the French and the Germans.
    http://www.nytimes.com/2011/07/05/business/global/05euro.html
     
  2. waltky

    waltky Well-Known Member

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    Standard & Poor's President Reportedly Resigns...
    :fart:
    S&P President Sharma to Leave, Replaced by Citigroup’s Petersen
    Aug. 23,`11 -- Standard & Poor’s, the rating company that downgraded the U.S. AAA credit ranking for the first time, will replace President Deven Sharma with Citibank NA Chief Operating Officer Douglas Peterson.
     
  3. Pollycy

    Pollycy Well-Known Member

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    It's funny... days after the Obama regime announces that the "Justice" Department is going to go after S&P, the President of S&P is forced out! Oh, and as we all remember, it was S&P that had the courage to show the world what an unmitigated failure the Obama regime was for its economic performance, and they issued the first-ever downgrade of the creditworthiness of the United States.

    Mere coincidence?

    Ask any Obamanite hyperliberal -- they'll tell you that S&P, and Republicans (of course), are to blame for everything! Yeah, sure, even though Comrade Obama had unrestrained, unrestricted power over the House and Senate until just six months ago, when Republicans finally got control of the House (and only the House) for the first time in 5 years....

    The same internationalist insiders are trying to strong-arm Germany into going along with their version of a fraud-balloon to "save" Greece and all the other worthless, failing, Socialist mudpuddles. I hope the Germans have the courage and the will to tell these rotten bastards to go to hell!
     

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