Monday, August 8, 2011

Said and Done

The United States government, a well-known billionaire, and the main stream media have turned their collective wrath against a credit rating agency. Obama administration members, Warren Buffet, and the usual suspects in the press are lambasting Standard & Poor's. Even occasional conservative George Will fires across the rating agency's bow. Is it not astounding how quickly the wolf pack rallies? Was Standard & Poor's a villain last Monday? Would S&P have been suddenly deemed "incredible" if they had ignored economic fact, pretended all was rosy, and maintained the highest possible rating for America's Federal government as they spend wildly and print increasingly worthless fiat currency? The quarterback (Barack Hussein Obama) is in trouble so the very offensive line (political and media sycophants) resorts to holding.

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