But, yeah, it's all US bullying.... Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
Just a thought.
adding... the ratings agencies over the last month have made a bunch of pronouncements both pro and anti austerity. Anyone who would pretend they are consistent, competent or impartial - or worse, as you do, that their ratings are beyond question rational on the subject of austerity - surely has some thinking to do.
If one follows the pattern of the previous crisis, one might see a connection between the agencies and recent bets by large clients on Wall St against PIIGS bonds. The unexpected Chinese actions might be expected to prompt a response... or it could be a co-incidence. But the relationship between investors and ratings agencies are based in the US only by historical accident. I referred to US ratings agencies in contrast to the Chinese one or others that may be trying to get in on the ratings game.
one might see a connection between the agencies and recent bets by large clients on Wall St against PIIGS bonds.
Goodness! Do you think these events might in some way be related?
There's a difference between being anti- US and anti-rating agencies.
Yes, that would certainly explain the comment being directed at the US rather than ratings agencies.
Anyone who would pretend they are consistent, competent or impartial - or worse, as you do, that their ratings are beyond question rational on the subject of austerity - surely has some thinking to do.
Perhaps you could note where I said they were beyond question instead of throwing up that bitchy little straw man. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
