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Posts Tagged ‘is Uncle Sam paying S&P back for downgrade’

Uncle Sam Charges S&P with FRAUD!!!

Posted by Larry Doyle on February 6th, 2013 9:28 AM |

“Fraud,” cried the maddened thousands, and the echo answered “Fraud.”

Fans of our national pastime are likely well acquainted with the classic poem, Casey At The Bat. In that well worn tale, the patrons of the game go home with heads bowed as their power hitter, that being the mighty Casey, fails to drive home the winning runs in the bottom of the ninth.

In similar fashion but in real life, the fans of the red, white, and blue team with USA adorned across their breast are also disappointed to date as justice officials have yet to swing at pitches seemingly thrown right over the plate. To what do I refer? Financial frauds emanating on Wall Street. Although our very real game is seemingly in the late innings, mighty Sam is in the process of swinging his bat as he charges the rating agency Standard & Poors with fraud.  About time right?  (more…)






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