Fiction is obliged to stick to possibilities. Truth isn't.

- Mark Twain

Government Punishment

Are there consequences for saying loud and clear what most thinkers actually know about the government's economic policies? Ask S&P:

"Standard & Poor's, whose unprecedented downgrade of U.S. debt triggered a worldwide stocks sell-off, is pushing back against a U.S. government proposal that would require credit raters to disclose "significant errors" in how they calculate their ratings.

S&P, which was accused by the Obama administration of making an error..."

"S&P vehemently denied it had made an error..."

This is the focus? it is probably an easier topic than addressing the systemic issues.

posted at 21:39:07 on 08/09/11 by clearpolitics - Category: Economics - [Permalink]

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