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kentuck (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 04:57 AM Original message |
The S&P Scare? |
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cutlassmama (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 05:08 AM Response to Original message |
1. INteresting. |
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BR_Parkway (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 05:58 AM Response to Original message |
2. And S&P is credible again after all the AAA ratings they and the others |
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Jim__ (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 06:25 AM Response to Reply #2 |
3. Exactly. S&P already has already proven itself to be a whore company. |
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hollowdweller (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 08:46 AM Response to Reply #3 |
25. Why has no news organization mentioned that???? |
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Jim__ (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 09:36 AM Response to Reply #25 |
28. It gets a little bit of a mention. |
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Thunderstruck (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 09:40 AM Response to Reply #2 |
29. I thought it was Moody's doing the scamming? Was S&P caught rating that |
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jeff47 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 09:48 AM Response to Reply #29 |
33. All of the ratings companies were doing it. |
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Thunderstruck (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 10:18 AM Response to Reply #33 |
36. Then everyone involved should be in jail. Of course, our Justice Dept. is no |
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EstimatedProphet (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 06:30 AM Response to Original message |
4. Is it a scam? Maybe. |
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txlibdem (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 06:52 AM Response to Original message |
5. Just a convenient excuse to push the costs of their thievery onto the poor and middle class |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 06:57 AM Response to Original message |
6. What we think of S&P is irrelevant |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:20 AM Response to Reply #6 |
10. Japan has ignored dozens of ratings downgrades.. |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:25 AM Response to Reply #10 |
12. Because the people who buy are debt still consider what S&P and Moodys say about it. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 08:16 AM Response to Reply #12 |
22. No, they don't. |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 11:32 AM Response to Reply #22 |
37. I believe there are several considerations in play |
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jeff47 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 08:19 AM Response to Reply #12 |
24. To back up that assertion, you have to explain why Japan is still paying low interest rates |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 11:35 AM Response to Reply #24 |
39. See Post No. 37 |
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jeff47 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 07:46 AM Response to Reply #39 |
41. Post 37 indicates you haven't spent more than a minute looking into it. |
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jeff47 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:31 AM Response to Reply #6 |
13. Do not fear the invisible bond fairies |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:41 AM Response to Reply #13 |
15. Yeah, I saw that too... |
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muriel_volestrangler (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 08:07 AM Response to Reply #15 |
19. Or the bond markets had already decided on the risk |
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jeff47 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 08:18 AM Response to Reply #15 |
23. So, keep fearing the invisible bond fairies? |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 11:35 AM Response to Reply #23 |
38. See Post No. 37 |
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jeff47 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 07:58 AM Response to Reply #38 |
42. See my other reply, where I inform you post 37 is wrong. (nt) |
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Rage for Order (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 09:45 AM Response to Reply #6 |
32. The worst thing that would happen is we wouldn't be able to borrow any more money |
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Jim__ (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 09:51 AM Response to Reply #6 |
35. It certainly should matter that Wall St finances have been exposed as a giant scam. |
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melm00se (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 06:59 AM Response to Original message |
7. the concern is valid |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:02 AM Response to Reply #7 |
8. +1 and highly recommended. You are 100% correct |
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jeff47 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:33 AM Response to Reply #7 |
14. Your analysis applies to normal times |
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hollowdweller (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 08:51 AM Response to Reply #7 |
27. That's what they want you to want. |
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notadmblnd (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:06 AM Response to Original message |
9. and John Fund is on C-SPAN telling everyone we must become more competitive pronto |
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NuttyFluffers (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:23 AM Response to Original message |
11. guess the 'too big to fail' are gonna fail regardless. |
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fasttense (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:43 AM Response to Original message |
16. This is just too convenient for RepubliCONS. |
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badtoworse (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:45 AM Response to Reply #16 |
18. Do you think potential creditors will share your opinion? |
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Odin2005 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 08:13 AM Response to Reply #18 |
21. I thinks those "potential creditors" should be hanging from lampposts. |
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spanone (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 07:44 AM Response to Original message |
17. yesterday joe klein called it a political move by s&p |
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Odin2005 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 08:11 AM Response to Original message |
20. I fucking hate these capitalist parasites. |
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Thunderstruck (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 09:42 AM Response to Reply #20 |
31. So, what are you going to do about it? |
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DainBramaged (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 08:47 AM Response to Original message |
26. The S&P rating is a phony as gas prices |
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Thunderstruck (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 09:41 AM Response to Reply #26 |
30. When I go to fill up my vehicle with gas, there is nothing phony about the price. I promise you. |
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DainBramaged (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 12:56 PM Response to Reply #30 |
40. I left off the word scam |
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tjwash (1000+ posts) Send PM | Profile | Ignore | Tue Apr-19-11 09:51 AM Response to Original message |
34. Fuck them... |
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