Isn’t it funny that Obama is going after Standard & Poors, five years after the financial crisis. Moodys and Fitch also provided AAA ratings to worthless mortgage debt in collusion with the Wall Street banks and blessing of the Federal Reserve. They were smart enough to not downgrade the debt of the United States of America. S&P and Eagan Jones made the mistake of telling the truth about our debt situation and are paying the price. This is how a fascist government operates.
Why S&P is in the Crosshairs of the Department of Justice
By Scott S. PowellThursday, February 07, 2013