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Standard and Poor’s crippling of the world
by Louise Downing
posted on Saturday, August 06, 2011 |
Standard and Poor is the giant monster that is crippling the world ,one industrial country at a time.
How many countries have to drop down to depression status before S&P says we will downgrade you because you are living way too much beyond your means. It is so obvious to me that the politicians' all over the world had something to do with it and it just doesn't smell right
Where was S&P when the banking conglomerates on wall street again pulled that 1929 PONZI game?
So now S&P dropped our ratting down a notch so they look like they are doing their job honestly, but who are they kidding, the should have dropped it to only "ONE A " because to me we should have to live within our means.
Argentina went bankrupt in 2003 and defaulted on their debt and came out smelling like a rose paying back 66% .Now they are a very prosperous country , you don't see illegal's from Argentina sneaking into our country.