dagblog - Comments for "Maybe the Downgrade was a pre-emptive strike"

Yeah I think so too. They

Richard Day — Sat, 13 Aug 2011 08:07:39 +0000

In reply to To add to any conspiracy

Yeah I think so too.

They would not do this to Bush.

But such is life!

There's something fishy about

stillidealistic — Sat, 13 Aug 2011 05:19:05 +0000

In reply to Maybe the Downgrade was a pre-emptive strike

There's something fishy about it, I just haven't figured out yet what it is. I don't know if it is as innocent as the pendulum swinging too far the other direction, or something more malevolent. I tend to think it is probably the latter. I've seen the head guys trying to explain their position, and I'm just not buying it.

As far as conspiracy theories go, this is not a bad one. Ha!

To add to any conspiracy

Oxy Mora — Sat, 13 Aug 2011 03:51:12 +0000

In reply to Maybe the Downgrade was a pre-emptive strike

To add to any conspiracy theories which might develop it was reported on Bloomberg that 66 executives of S&P very recently bought stock in the company.

However one slices and dices the downgrade, it happened on Obama's watch, and he cannot escape some blame for it, fair or not. So ultimately the downgrade was a shot at Obama, and, I think, Dodd-Frank, the bane of any S&P client.