S&P - Right this time?

Now, (drum roll please) from the group that brought the investment world such good analysis of all those wonderful banking, investment and insurance firms and their bogus bundling of mortgage investments leading to the recession, comes the downgrading of US notes. Why would anyone believe them? Oh yes, the US doesn't pay them for their analysis. So, maybe it is correct.  (Quite frankly, the slap in the face might be what Congress, et al needs. No solvent company would run its fiances the way the collective US government is trying to operate this ship!)

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