SEC investigating S&P's downgrade of U.S. debt: report

Discussion in 'Politics' started by BDBoop, Aug 12, 2011.

  1. BDBoop
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    BDBoop BANNED

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    SEC investigating S&P's downgrade of U.S. debt: report - Yahoo! Finance

    Shock-n-awe, y'all.
     
  2. Full-Auto
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    Full-Auto Gold Member

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    Only congress can inside trade and we will enforce it.
     
  3. HenryBHough
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    HenryBHough Gold Member Supporting Member

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    Can nationalization be far behind?

    Bad idea to screw with Chicago street thugs!
     
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  4. Chris
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    Chris Gold Member

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    Rut Roh!

    The S&P gave great ratings to the companies that paid them millions of dollars even though they were about to go broke.

    The U.S. government doesn't pay them anything, so they have to make their money somehow, perhaps through insider trading.
     
  5. GoneBezerk
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    GoneBezerk BANNED

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    Of course, if you don't tow the party line with socialists...they come after you.

    They have threatened to kick Rush, Hannity, etc off the air.

    They use the IRS to threaten CEOs that might speak out against their regulations and policies.

    Now, they are going after a 3rd party that just gives out ratings.

    Soon they will come after people posting here for speaking out against them.
     
  6. Grampa Murked U
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    Grampa Murked U Diamond Member

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    Got your logs for the big witch burning?
     
  7. Oddball
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    Oddball BANNED Supporting Member

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    That's one way this could go.

    Another way is Wall Streeters saying "HEY!...Fuck with us and we fuck back!"

    An interesting passage from the U.K. Mail:

    Read more: Bombshell as investigators start insider trading enquiry at Standard & Poor's: Who had prior knowledge of downgrade? | Mail Online
     
  8. Immanuel
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    Immanuel Gold Member

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    While I am in complete agreement with this, it really is not any different with those on the extreme right either. There were abuses of power under President Bush as well and my guess is there have been under every President we have had.

    Not only that but things are only getting worse thanks to things like the Patriot Act and NSA Wiretapping.

    That's why we need to protect our Constitutional Rights because we cannot expect the government to do so for us.

    Immie
     
  9. IHBF
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    IHBF BANNED

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    Yep.
     
  10. Truthmatters
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    Truthmatters BANNED

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    Can I interest you people in a brand new line of tin foil hats to wear when you talk such redicules crap?
     

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