Ratings Robbers

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An Unreliable Messenger

S&P lower outlook for U.S., sending stocks down.

Let's remember this is one of the same agencies that was rating mortgage backed securities and other special investment vehicles as class A bonds, which then led to our economic collapse.

Are they really concerned about American debt and quality of life?

For Further Reading:

The False Debate on U.S. Debt

Questions for the S&P on Its Downgrade

Why Listen to the S&P on U.S. Debt