I got a hee-hee out of this:
1. US government so confused, corrupt and incompetent cannot wipe own butt. Debt is downgraded.
2. More on S&P downgrade.
3. Chuckie Schumer has been pressing to investigate rating agencies for negligence and fraud, ignoring risks. "Clearly, this job is too important to be left to the Private sector." Senator Schumer said in a NY Times interview.
This "job" is clearly too important to be left to Chuckie Schumer. Dude, get your own house in order.
(Nod to L.S.)
1 comment:
Re: #3, does Schumer really think banks would actually use public sector credit ratings?
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