Showing posts with label ratings agencies. Show all posts
Showing posts with label ratings agencies. Show all posts
Saturday, August 5, 2023

This week's lucky number is 2

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There's only one Speaker of the House who ever spent more than 300% of current tax revenues twice. And there's only one Speaker of t...
Friday, August 4, 2023

The US debt downgrades of 2011 and 2023 have one thing in common: Nancy Pelosi's record of the four most fiscally irresponsible years in the post-war

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Nancy Pelosi owns the record for the four most fiscally irresponsible years in the post-war, spending 316% of tax receipts in 2020, 276% in ...
Wednesday, January 2, 2013

OK, How Long Before The Ratings Agencies Downgrade Us Again?

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I'd take bets, but that's illegal, so I'll just wager a hearty pat on the back that the next debt downgrade takes three months, ...
Monday, December 31, 2012

Democrats Want To Kick The Sequestration Can To 2015

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So reports Business Insider here : On the spending side, the Democrats' offer would delay the "sequester" (automatic spending ...
Tuesday, December 11, 2012

Rules For Radical Republicans: Bush Tax Cuts Edition

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Rule 1: Power is not only what you have, but what the enemy thinks you have. The enemy knows the Congress is a coequal branch of the governm...
Wednesday, December 7, 2011

The Market is Not a Leading Indicator

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It is a market that has followed . . . the ratings agencies, the Congress, the Fed, the EU appendage du jour. Anyone with any sense knows th...
Tuesday, August 2, 2011

Standards are Inimical to the Left, That's Why Ratings Agencies are the Enemy

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As here at Slate.com: "If everyone hates the credit rating agencies, why won't anyone enforce the Dodd-Frank provision to dethrone...