Standardly Poor
The highly-tarnished, to say the least, ratings company, Standard and Poor's, has downgraded the USA/USE sovereign debt from AAA to AA+.
Really?
The same company which, during the prep of the Great Republican Recession, graded any piece of subprime mortgage debt crap as AAA.
Check it out: Reckles$ Endangerment: How Outsized Ambition, Greed, and Corruption Let to Economic Armageddon. (A book I highly endorse.)
Thanks, S&P, for damaging the fragile recovery. What's your actual agenda?
I know whereof I speak. (Allow me to "out" myself.) I was once, for family needs, a stockbroker and minor Wall Street executive.
Yes, the only socialist stockbroker. So sue moi.
I wouldn't trust S&P to walk my rat.