Standard & Poors - Lobby Group

Standard & Poors needs to be investigated and it's offices sealed and documents seized to see who is paying them to arrive at their conclusions which are aimed at influencing political decisions.  Just like they are doing in Italy.
A history of their political interference to protect banks and financial institutions is well documented.  Consumers were harmed in 2000 in the US State of Georgia to benefit predatory mortgage lenders. Lehman Brothers was given a clean AAA rating shortly before it vaporized.

Everyone should remember that they, like the other rating agencies, are private sector and decidedly biased.  They were key in making the situation worse in Greece and apparently are doing the same in Italy.
Who is paying them for this?  Follow the money.

Donald Trump's Foreign Policy and Standard & Poor's Conspiracy

Since I’ve been somewhat occupied, my postings have been few lately. Fortunately, as far as the foreign policy  mustings of the Donald Trumpster type, Dan Drezner writes so I don’t have to. The thundering idiocy of The Donald is so bad as to be comic. I hope he gets the Republican nomination if only to make Rove’s head explode.


Speaking of idiocy – will someone investigate if Standard & Poor's is being pressured/paid by the banks and Republicans to issue stupid comments like reducing the US rating because of the deficit in the US? S&P blew it completely in the lead-up to the 2008 crash by continuing to issue gold plated ratings to all the banks and hedge funds until the roof caved-in. They should be jailed for that.

Oh – one minor thing – the US cannot default on debt denominated in its own currency. Econ 101. Your welcome.