tag:blogger.com,1999:blog-3758330678390419129.post6901801230313155170..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: S & P Downgrades Debt of United States GovernmentRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-3758330678390419129.post-40700252963671131972011-08-06T18:52:16.930-04:002011-08-06T18:52:16.930-04:00Barry has been one of the most successful presiden...Barry has been one of the most successful presidents. We are getting the change he promised. You have to know that a downgrade on his birthday was icing on his cake.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-31127710358573051472011-08-06T12:21:31.000-04:002011-08-06T12:21:31.000-04:00@ danger
Thx. I thought that didn't sound ri...@ danger<br /><br /><br />Thx. I thought that didn't sound right. Better check my sources next time.Chris Knoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-57840033581738963972011-08-06T08:40:01.624-04:002011-08-06T08:40:01.624-04:00@Chris K ... S&P rates Portugal as BBB-@Chris K ... S&P rates Portugal as BBB-Danger Pioneerhttps://www.blogger.com/profile/15978715863845118886noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-32543603476043772912011-08-05T23:31:17.557-04:002011-08-05T23:31:17.557-04:00I will reserve my opinion on this until Matt Damon...I will reserve my opinion on this until Matt Damon tells me what to think.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-88543044224505794942011-08-05T23:26:56.763-04:002011-08-05T23:26:56.763-04:00Oh Come On!!! An agency that uses guns and counter...Oh Come On!!! An agency that uses guns and counterfeit "money" that cost nothing to create an unlimited amount? That terrorist gang will ALWAYS have a AAA rating!<br /><br />How can it not?<br /><br />This is just more Establishment manipulation designed to scare us into a national VAT tax and $3 / gallon gas tax...So we can be more like The Borg of Europe.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-91718796556939615852011-08-05T22:16:38.115-04:002011-08-05T22:16:38.115-04:00S&P is a joke.
Portugal is still AAA but U.S....S&P is a joke.<br /><br />Portugal is still AAA but U.S.A is AA+?<br /><br />They missed the boat back in 2004-2007...no one should take them seriously.Chris K.noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-62385290109250592532011-08-05T21:56:04.137-04:002011-08-05T21:56:04.137-04:00Hopefully Matt Damon will be making a statement so...Hopefully Matt Damon will be making a statement soon to help us understand this better.Stellanoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-4168520289041787832011-08-05T21:39:30.122-04:002011-08-05T21:39:30.122-04:00Can you imagine how it must suck to be a quant for...Can you imagine how it must suck to be a quant for a large fund right now. Here you were ready for a nice weekend of rest and relaxation after a horrific week and then this happens? No doubt S&P timed this perfectly but you have to imagine that even after 36hrs of quite work, few quants will have any clue on where things will go when Asian markets open on Monday. Pure logic would dictate thatAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-61014079172429102502011-08-05T21:35:37.821-04:002011-08-05T21:35:37.821-04:00As you might expect, this whole thing smells fishy...As you might expect, this whole thing smells fishy. Wenzel, you posted the video where Rand Paul mentioned that various institutions have recently been changing their by-laws to allow them to hold non-AAA govt debt.<br /><br />No doubt S&P gave the administration a heads up about the downgrade, but the insiders must have known for a while that this was coming. In the last few weeks I even Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-4350778618699296682011-08-05T21:31:15.394-04:002011-08-05T21:31:15.394-04:00Rand Paul was intimating a couple of weeks ago tha...Rand Paul was intimating a couple of weeks ago that many major investment pools were changing the rules to "AAA *OR* government securities." I wonder how many of them beat this announcement.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-61149368972018518932011-08-05T21:25:21.623-04:002011-08-05T21:25:21.623-04:00Wait. What about Moodys and Fitch? they upheld the...Wait. What about Moodys and Fitch? they upheld the AAA rating? How does this impact money managers who are required to hold AAA?<br />Can some one explain this?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-85781586470699189032011-08-05T21:06:56.852-04:002011-08-05T21:06:56.852-04:00HAHAHAHAHAHA.......
Monday should be a scream!HAHAHAHAHAHA.......<br /><br />Monday should be a scream!Anonymousnoreply@blogger.com