Aug 19, 2011

S&P Target of Justice Department Investigation into Mortgage Ratings

Standard & Poor's is the target of a Justice Department investigation into whether it improperly inflated the ratings of dozens of mortgage securities, The New York Times is reporting.

The U.S Government investigates a business that makes our credit approval rating (and president Obama) look bad?

No way!!!!!!

Didn't see that one coming, huh?

Where was the investigation when our own president lowered his own countries rating with the world by
calling American arrogant and dismissive?
 "Instead of celebrating our dynamic union, and seeking to partner with you to meet common challenges, there has been times when America has shown arrogance and been dismissive, even derisive."--- President Obama 2009 speech in France

Americans surely aren't that ignorant are they?

Surely everyone can see that Obama and his gang have nothing to lose now and are going to roll over anyone that tries to stand in their way (aka --tells the truth).

I am all for investigating anyone who bad mouths the great USA, the greatest country ever...but, let's make sure that we don't "put the fox in charge of the hen house".

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