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http://market-ticker.org/

"Chinese rating agency Dagong Global Credit downgrades US credit rating due to QE program"

AND

"In a rather-stunning admission on Jekyll Island last weekend, Alan Greenspan "outed" what really happened.

What I've been talking about now for more than three and a half years.

And what many people have said was "an over-reaction" or "a distortion."

The claim has been repeatedly made that people made "mistakes" in our regulatory agencies, and that banks made "mistakes" making loans, packaging up securities and selling them to investors.

I have continually asserted that they were not mistakes.

They were scams and frauds."
 

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grog said:
http://market-ticker.org/

"Chinese rating agency Dagong Global Credit downgrades US credit rating due to QE program"

AND

"In a rather-stunning admission on Jekyll Island last weekend, Alan Greenspan "outed" what really happened.

What I've been talking about now for more than three and a half years.

And what many people have said was "an over-reaction" or "a distortion."

The claim has been repeatedly made that people made "mistakes" in our regulatory agencies, and that banks made "mistakes" making loans, packaging up securities and selling them to investors.

I have continually asserted that they were not mistakes.

They were scams and frauds."
I told an uncle last year that I believed all this "errors" were all done on purpose knowing they would get a bailout from their government puppets, he was shocked to hear me say that... he thought the banks were almost victims so it was not unethical to take taxpayer money and give to them.
 
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