Monday, October 26, 2009

Rating the state of our economy

The Guru said. Please take a moment to contemplate with me the names of two of our nation's largest and most respected credit rating agencies.

Moody's...Standard And Poor's...Cheeze Everyone, that's the state of our economy.

Toxic, junk and AAA. Our beloved agencies gave the world the magic that turned all the former into all the latter. And I think to myself, what a wonderful world...The 70s saw the end of the gold standard. And now we see the beginning of the poor standard. But Don't worry, the Guru said. The Moody's They Are A-Changin'

http://www.thinkaloo.com

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