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Obama to congress: "Who forgot to pay off S&P?"

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Devil_Fish Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:31 PM
Original message
Obama to congress: "Who forgot to pay off S&P?"
Edited on Mon Aug-08-11 08:32 PM by Devil_Fish
You would think we would know after the housing bubble poped in 08 that you have to buy a AAA rating, you don't just get one by being a good company/country. AAA ratings are pretty cheep from what I here. U.S.A. should be able to get one just under $1M or so.
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TDale313 Donating Member (68 posts) Send PM | Profile | Ignore Mon Aug-08-11 08:48 PM
Response to Original message
1. Cantor to Boehner:
"He actually thinks we were paying them *not* to downgrade us? ;) "
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Tx4obama Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:51 PM
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2. Did you make that up, or is it a real quote? Please post a link.
If it is not a real quote then you shouldn't have used quotation marks.

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TDale313 Donating Member (68 posts) Send PM | Profile | Ignore Mon Aug-08-11 08:54 PM
Response to Reply #2
4. Seemed like a "joke" to me...
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Safetykitten Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:53 PM
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3. I like Kunstlers thoughts on it.
"Did you admire Standard and Poor's sly, Friday night downgrade of the United States Treasury bond rating? I was probably the only one in the whole country besides Anderson Cooper not out eating something bigger than my own head at Applebees, or watching the "Footwear Clearance" show over on the Shopping Network. However, I'm not the only one in America asking where do these S and P punks get off downgrading US bonds when three years ago they wore out their Triple-A rubber stamps on the cartloads of stinking offal that Angelo Mozillo and other mortgage rustlers were pawning off as bond-fodder on every Frankenstein "investment opportunity" pumped out of the Wall Street CDO mills. Government officials were righteously seething over S and P's chutzpah, but I suppose when they tried to ring-up Eric Holder over at the DOJ they got connected to some call center in Uttar Pradesh where a friendly fellow named "Dale" picked up. China's government-run newspaper virtually spanked the US: "Learn (thwack) to live (thwack) within (thwack) your (thwack) means!"
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