Crush Liberalism

Liberalism: Why think when you can “feel”?

S&P to U.S.: Your credit rating is downgraded because the outlook isn’t so good. U.S. to S&P: Consider yourself investigated!

Slaying the messenger:

The Justice Department is investigating whether the nation’s largest credit ratings agency, Standard & Poor’s, improperly rated dozens of mortgage securities in the years leading up to the financial crisis, according to two people interviewed by the government and another briefed on such interviews.

The investigation began before Standard & Poor’s cut the United States’ AAA credit rating this month, but it is likely to add fuel to the political firestorm that has surrounded that action. Lawmakers and some administration officials have since questioned the agency’s secretive process, its credibility and the competence of its analysts, claiming to have found an error in its debt calculations.

I’m sure this is a big ol’ coinkidink, and in no way whatsoever related to the credit agency telling the world what we already know (but it damning to the administration): this government is way too friggin’ big to repay all of the debt it has racked up.

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August 18, 2011 - Posted by | corruption, Holder

4 Comments »

  1. I’d like to see Eric Holder and the Department of INJustice investigated. Treason….it’s what’s for breakfast.

    Comment by Kanaka Girl | August 18, 2011

  2. Chicago style politics at work here. Agree with us, irregardless of the facts, or we’ll investigate ya, for months. For telling the truth.
    Stupid liberals, your time is up, you screwed the pooch and now ya have to go away. 2012.

    Comment by J. Guidry, Battlefield, MO. | August 18, 2011

  3. I guess the US wants some payback for getting there credit rating cut. It went from aaa/plus to aaa/medium. It was not that bad.

    Comment by Alex Ponce | August 18, 2011

  4. […] S&P to U.S.: Your credit rating is downgraded because the outlook isn’t so good. U.S. to S… (crushliberalism.com) […]

    Pingback by “Split-Rated” – New Econoparody Song | EconoTwist's | August 22, 2011


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