Why aren’t US credit rating agencies under fire?
The meltdown of the US economy is barreling right along but why aren’t our duplicitous credit rating agencies in trouble for fraud? Should America’s sovereign credit rating be lowered from AAA?
‘George Washington’ has some ideas which you may find of interest in the matter:
And yes, the markets dropped today – the DOW closed down 679 pts, or 7%. With the NYSE closing at 4:00 pm, the plummet may have been affected by many things beginning this morning:
Barack Obama’s announcement of his National Securty team, Bush’s interview with Charles Gibson being previewed and showing Bush’s weasly try at rewriting his war history (there’s a bubble determined not to break), Paulson’s remarks, and…Sara Palin’s wacky stump speeches sprinkled throughout the day here in Georgia.
Well, if Palin’s words caused the markets to drop, it wouldn’t be the first time. But personally, I wouldn’t give her that much ‘credit.’ Would you?
And riches to rags, the National Bureau of Economic Research made its pronouncement today causing a further drop in the markets…its official – the US has been in a recession since December, 2007. Well, there’s a Duh Moment for ya.
Now what occurred astrologically in Dec 2007 that relates to money and money manipulators?, you ask reasonably. As above, so below, y’know.
Jupiter and Pluto’s Great Conjunction of Dec 11, 2007 (28Sag24), triggered the position of 1988′s Saturn/Uranus Conjunction. And since I’ve groused more than once about this conjunction of wealthy plutocrats, Jupiter-Pluto, obsessed with power as they are, I’ll hush in a minute.
But not before providing you with this link to a previous post all about the Jupiter-Pluto hook-up of Dec 11, 2007, with midpoints and associations included:
Funny story! There was a Fed meeting that very day, plus, NSA spy chief Michael Hayden took a meeting on Capitol Hill…how very Jupiterian-Plutonian of them all.
Written by Jude Cowell
December 1, 2008 at 11:17 pm
Tagged with Barack Obama, DOW down 679 points Dec 1 2008, DOW plummets 7% Dec 1 2008, economic crisis 2008, financial meltdown, Jupiter=Pluto conjunction Dec 11 2007, Michael Hayden, National Bureau of Economic Research, Palin stumps in GA Dec 1 2008, Sara Palin, Saturn conj Uranus 1988, the Fed meeting Dec 11 2007, US credit rating agencies, US economy, US in a recession since Dec 2007
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