The liberal attack on Standard and Poors continues.
Instead of addressing the fact that liberals have driven the US economy into the toilet, liberals attack the messenger.
Liberals push Americans off a cliff then try to charge us for flying lessons.
>So the guy sets up shop, moves things around for a few years, gets the country's credit rating to drop, then peaces out? What gives?
He has been around about 4 years. That's about the same amount of time Barack Obama will get. I don't understand the point. Would you be less upset if he was around for 10 years?
How many years did the last 10 presidents of S and P serve? I am guessing the average is right around 4 years.
What we see here is the liberal resentment to S & P for recognizing rightly that Barack Hussein Obama will forever be known as 'president downgrade'.
Next we will see conspiracy theories about S & P being an organ of the right wing.
Shouldn't we be more concerned with rebuilding the US economy than blaming S & P and making excuses for failure?
Are You Glad Standard & Poor's President Stepped Down?
SodaHead News
2011/08/23 13:00:00
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55 votes
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96 votes
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Is it just us, or does it seem a little odd hearing that Deven Sharma, the acting president of Standard & Poor's since August 2007, is stepping down from his post not a month after the same agency dropped America's credit rating from AAA to AA+?
S & P released a statement explaining, "S & P will continue to produce ratings that are comparable, forward looking and transparent. Deven assisted us with the creation of these two high-growth segments and was then ready for new challenges. Accordingly, we began a process to identify a new leader for S & P."
BBC reports that Sharma will do one additional "special assignment" before he leaves and is replaced by Citibank CEO Douglas Peterson.
So the guy sets up shop, moves things around for a few years, gets the country's credit rating to drop, then peaces out? What gives?
And S & P is making it sound like Sharma did what he set out to do, even though the stock market fell severely right after the rating dropped.
An unnamed source told The New York Times that Sharma announced his resignation after discovering he had little chance of becoming the agency's CEO, and that a recent reorganization left him with less power.
S & P released a statement explaining, "S & P will continue to produce ratings that are comparable, forward looking and transparent. Deven assisted us with the creation of these two high-growth segments and was then ready for new challenges. Accordingly, we began a process to identify a new leader for S & P."
BBC reports that Sharma will do one additional "special assignment" before he leaves and is replaced by Citibank CEO Douglas Peterson.
So the guy sets up shop, moves things around for a few years, gets the country's credit rating to drop, then peaces out? What gives?
And S & P is making it sound like Sharma did what he set out to do, even though the stock market fell severely right after the rating dropped.
An unnamed source told The New York Times that Sharma announced his resignation after discovering he had little chance of becoming the agency's CEO, and that a recent reorganization left him with less power.
He WILL NOT go down as the first black president in American history.....He will go down as the WORST.
S&P; has been around for a very very long time(Since WWII), They aren't a farce and they aren't in it to ruin anyone, just state the facts. I stand behind their decision and applaud them for it even.
So How's that foot taste obama?
He has taken down already, two other countries economies.
showed standards, but is even now still hardly poor...
I'm certain his golden parachute made everything ok.
Yes I know how the U.S. Gov. and the W.H. can bring it.
Now to the flank, I just voted with a minimalist's details on the subject and have found my self subjected to mirror the common mindset of humanity. "When you fail here is your three strikes your out." And through this reaction and action I find that I have also mirrored the typical mindset of don't tell me, tell the leader, he'll think for me, and then tell me what I should think.
This would be the line that influenced my initial decision,
So the guy sets up shop, moves things around for a few years, gets the country's credit rating to drop, then peaces out? What gives?
Makes you liberals wonder if cnn will ever have an article like this for obama doesn't it. (Don't hold your breathe, your still human, and life too is precious.)
Our downgrade was overdue...it started with Bush (a little bit), but the acceleration of debt under Obama is sinful, shameful, and suspect!
Spending more money than they had tax income.
That is just how simple it is.
It’s a “Group Corrupted American Democracy Political Failure”.