look you outed yourself you are a flaming demon crat to the core - name calling is the only weapon of choice for your type. you have no logic skills at all.
Moody... tsk...tsk....tsk.... Moody's pays $864 million to U.S., states over pre-crisis ratings | Reuters
I would think this completely settles the fact the downgrade was POLITICAL in nature and timing. Just as we are winning back so much sanity in the world.
I would just like to point out that this word does not necessarily have a negative connotation: from Greek idiōtēs "layman, person lacking professional skill," literally "private person," as opposed to a magistrate or others one taking part in public affairs†
All the CRAs are frauds. How do they justify rubber stamping mortgages inside AAA CDOs that were defaulting? As Enron, Tyco & Worldcom proved the Big 4 Accounting firms are also frauds. The whole financial system is full of fraud. These companies should have all gotten the death penalty like Arthur Anderson.
Initial opening of futures will be red followed by green tomorrow at close Everyone will feel it's the best buying opportunity ever in history of markets.