Wednesday, May 13, 2009

The Solution, Of Course, Is To Have The Government Sieze Moody's

... and then they could never, ever discuss nonsense like this again!
Long before the current financial crisis, nearly two years ago, a little-noticed cloud darkened the horizon for the US government. It was ignored. But now that shadow, in the form of a warning from a top credit rating agency that the nation risked losing its triple A rating if it did not start putting its finances in order, is coming back to haunt us.

That warning from Moody’s focused on the exploding healthcare and Social Security costs that threaten to engulf the federal government in debt over coming decades. The facts show we’re in even worse shape now, and there are signs that confidence in America’s ability to control its finances is eroding.
We need a Congressional committee to start looking into Moody's. They can't be allowed to stop our march to a glorious new future based on Hope and Change!

1 comment:

Jeff Burton said...

Congress also needs to start passing laws changing the laws of exponents. The Indiana state legislature had great luck with altering the value of pi in the late 19th century.