REVscene Automotive Forum - View Single Post

shawnly1000 · 08-05-2011, 02:30 PM

Apparently the US government is expecting and preparing for a credit rating downgrade from S&P. Those fuckers are the ones that in a sense caused the subprime mortgage catastrophe, they were taking bribes to give pieces of shit godly ratings.

Update

S&P served notice Friday afternoon it planned to downgrade the US AAA credit rating. But the official said the agency is reconsidering after the administration challenged S&P's analysis of the government's revenue and deficit picture.

They made simple mathematical errors that resulted in their model being off by trillions...

*facepalm*

08-05-2011, 02:30 PM	#4832
shawnly1000 My homepage has been set to RS Join Date: May 2011 Location: Vancouver Posts: 2,489 Thanked 1,458 Times in 588 Posts Failed 16 Times in 9 Posts	Apparently the US government is expecting and preparing for a credit rating downgrade from S&P. Those fuckers are the ones that in a sense caused the subprime mortgage catastrophe, they were taking bribes to give pieces of shit godly ratings. Update S&P served notice Friday afternoon it planned to downgrade the US AAA credit rating. But the official said the agency is reconsidering after the administration challenged S&P's analysis of the government's revenue and deficit picture. They made simple mathematical errors that resulted in their model being off by trillions... facepalm Last edited by shawnly1000; 08-05-2011 at 03:01 PM.