Kudlow talking to S&P

[dkf]

Right now

[still_one]

1. kudlow has about as much credibility as S&P. They both told people that the economy was doing just

fine, and a AAA securities and bonds, were truely AAA. (That was just before the financial implosion)

Why credibility is still given to these clowns is beyond me

[dkf]

2. Kudlow is lame, but S&P is very relevant to the debate.

[Angry Dragon]

3. Then why did they screw up on their ratings

they caused a lot of these problems

[dkf]

4. Conflict of interest.

But can't accuse them of that here.

[still_one]

9. They should not even be in business for what they did. However, taking your point, that you cannot

accuse them of that here. I take exception. This is a manufactured "crisis", and they know it. They also know the U.S. is more than good for it

If they did downgrade the U.S. debt, and interest rates did go up, I have no doubt that there would be a lot of U.S. treasury buyers. In fact, I suspect there would be enough buyers to cause the interest rate not to rise that much. The world knows the U.S. is good for it

[keith0]

5. and they are still corrupt shiesters who have 0 credibility and should not be trusted

[dkf]

8. If anything they are usually too late.

[girl gone mad]

7. No, they aren't.

How many times have they downgraded Japan now? How have the bond markets reacted to the Japanese downgrades?

[Po_d Mainiac]

6. Sorry, "kut taxes" Ku(nt)low ain't worth the time n/t