Breitbart: Another Ratings Company Downgrades the US


The far right site Breitbart is reporting that “another rating company has downgraded the US” in relation to the Federal Reserves move.

Just one problem. This so called “ratings company”, Egan-jones, is the joke of the financial world. They were under investigation by the SEC for two years, with charges being filed 5 or so months ago for falsifying statements related to the very basis of them becoming a ratings company, among numerous other charges.

Not to mention that the rest of the financial world responded favorably. Not to mention that the DOW set a 4 year record high in response to the fed moves.

More nonsense and partisan politics….

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About drugsandotherthings

I am a criminal. Because I have used cannabis and psychedelics extensively. I have tried many other drugs, but never cared for the uppers, downers, or dissociatives. I love craft beer, and absinthe, but don't care much for alcohols effects- which quite frankly, are boring and dangerous. Science is my religion. I am in my 40's, and have travelled extensively. And often forced myself outside of my confort zone. I am employed, a respected member of my communtiy, an animal lover, an environmentalist, a political junkie, and the realities I have experienced continue to push me further to the left of the political spectrum.
This entry was posted in obama, politics, romney, social, taxes. Bookmark the permalink.

2 Responses to Breitbart: Another Ratings Company Downgrades the US

  1. List of X says:

    Fox News should just create it’s own rating agency, rate US debt as “junk” and then scream about this major downgrade. This may even happen before the election.

    • Fox, as does MSNBC disgusts me. Media has become an entertainment, and a political industry. So much for the journalistic integrity I grew up on….

      It’s sad I have to increasingly rely on foreign news sources for coverage of what’s happening in my country…

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