Why Moody's 15 bank downgrades matter
Ratings cuts can cost global banks big money. But regional banks could find opportunity in the fallout.
Has anyone ever given a thought about what 9-11 cost us. And while clinton had his head some where else the 20.00 bill was printed that showed the sleepers just where to hit the world trade tower and the pentagon. Who was at the printing press? anyone want to guess Also Clinton had closed millitary bases that's what gave him his surplus, just like what is fixing to happen again and our defenses will be weak.
But something has to give, A roller coaster we don't need.. Goverment being your mommy and daddy taking care of everyone will drain us.
From the looks of the most recent responses, I can tell they are blind deaf and stupid POS Oblamo supporting fools!
Oh yes, blame the GOP for the downgrade of greedy banks while over looking what your POS Obama has done to America's credit rating dropping it not once but twice in less than one year! The solution is to vote out that POS Obama and then charge him with treason and then shoot him for treason!
There is still some money around that the GOP didn't get into their PAC funding supporters. Now they aim to get it. How dumb does Romney think we are?
THE TOTAL FAILURE TO BREAK APART SOME OF THESE MASSIVE, RISK TAKING FINANCIALS...IS THE GOVERNMENTS FAULT. Democrats should have forced this issue by maintaining strict control of the banks investment policies and actually dividing these GAMBLERS into two separate groups, i.e.
1. The typical local bank serving modest size businesses and people such as ourselves; FDIC insured !
2. Large risk taking Commericial / International banks...THAT ARE NOT INSURED BY THE F.D.I.C.
We are back, almost to the same terrible situation.
This is exactly what they deserve the ignorance or arrogance they have show in dealing with this crises that they have created. While using there own customers funds for their own profit is just amazing. I still to this day wonder why a financial instruction that is utilizing their own customers funds for investment purposes, would not work with their own customers in a forbearance program of only one year since they must be good enough to charge them outrageous interest rates on products and services supplied by the same instruction. Instead they would rather strip the equity from all customers and throw people in the streets and steal cars in the middle of the night. Then transport those cars all over the nation. Yes credit is a two edge sword right Chase / \ B of A and the rest its time that you feel the full wrath of the American People. We could have been past this financial mess by now if a simple forbearance of one year on major purchases would have been implemented but no you went ahead and foreclosed on America along with the help of the U S Government who has facilitated you at every turn
Wake up America and vote for Ron Paul or someone who knows what is going on and is willing to do something to get our country back, rather than idiots voting in the same old corrupt and evil people.
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