Standard and Poor’s bet on the debt


Before we shoot the messenger, let's figure out why he's there. Then we can shoot him. With S&P being the only one of three agencies to downgrade the United States' credit rating from AAA to AA+, at least one firm, Moody's, reaffirmed the AAA rating, Monday, saying, "The US retains its Aaa because of the… Continue reading Standard and Poor’s bet on the debt

When the victors take all the spoils, they spoil it all for the rest of us


The drawbridge is down. The gate is up. The guards have fled to protect their own. Even those of incredible conviction, who have climbed the tower steps to defend the walled town, find the doors to the parapets obstructed by red-coated confederates in league with the invading horde. Inside the city walls, the citizenry is… Continue reading When the victors take all the spoils, they spoil it all for the rest of us