Paul Ryan is a Lying Liar
Republican budget front-man, Paul Ryan (R-WI), apparently didn’t even read the press release where in S&P spelled out their reasoning for downgrading the credit rating of the U.S. from AAA+ to AA+....
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The $2 Trillion Mistake
As has been widely reported, S&P briefly reconsidered their plans to downgrade the credit rating of the United States after the treasury pointed out to them that they miscalculated the nation’s...
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Standards Are Poor
Artist – Adam Zyglis In other news, the Seventh Circuit U.S. Court of Appeals ruled today that a lawsuit against former Secretary of Defense Donald Rumsfeld for the torture of American civilians in...
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The Market Reacts
Artist – David Fitzsimmons In other news, Rep. Joe Walsh may face an ethics investigation for failing to report the $117,000 he owes in child support on his financial disclosure forms, and the Tea...
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Walking On Water
Artist – John Cole In other news, the credit rating of New Jersey was downgraded today. Woops! Because the Republicans claim the president is responsible for the national downgrade, does that mean...
View ArticleZero Credibility
Part of me believes the gross dysfunction of our Tea Party congress does actually warrant closer scrutiny by our banking overlords, but with that said, things like this make it increasingly difficult...
View ArticleIf It Smells Like A Fish and Looks Like A Fish
It probably is a fish. WASHINGTON — The internal procedures of one of the world’s top three ratings agencies appear to allow leaks of its decisions, according to a report by the US Securities and...
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