July 28th, 2011
A number of analysts are finally getting around to asking some very sensible questions regarding the power and influence of Moody’s, Fitch, and Standard & Poor’s in the debt limit boondoggle.
Although we probably should have started this conversation months ago, it's better late than never. Robert Reich draws attention to the fact that the "$4 trillion in savings" figure we've been hearing Republicans insist upon day after day is a target specifically set by S&P, an unelected private firm.
Showing posts with label Moody’s. Show all posts
Showing posts with label Moody’s. Show all posts
Thursday, July 28, 2011
Government of S&P, By S&P and For S&P
Labels: Liberal opinion, the hand that feeds you
debt,
debt ceiling,
debt limit,
Fitch,
Moody’s,
Public opinion,
raise taxes,
Robert Reich,
Standard and Poor’s,
taxes,
W tax cuts
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