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Sunday, August 07, 2011

US Credit Rating Downgraded by Standard & Poor's

Wow, the only things you can find graded triple and double A are eggs and the U.S. Economy.

Humpty Dumpty sat on a Wall
Humpty Dumpty had a great Fall
All the king's horses and
all the King's Men
Couldn't put Humpty together again.

Okay, that's not funny. What is funny is when you look at the goons who grade the U.S. Economy. Turns out there are 3 credit Agencies who publish report cards on the International Economies. I, a member of the U.S. public, don't have a clue what they do. CNN and NBC and all those guys are pulling out the stops on creating a panic over this shit. 2 of the companies gave stern warnings but maintained the AAA grade for the U.S. for now. Standard & Poor's has downgraded the long term outlook for the U.S. credit borrowing. That seems really sensible to me seeing as how we've become addicted to bombing the Middle East and do pretty much nothing else. Cocaine would be a less expensive alternative.

So, I thought I'd take a quick look at these three agencies to
*** calm ****
*** myself *****
*** down ****

Pluto in Capricorn. Like we're supposed to be sensible.

So, Standard & Poor's is not the only Credit Rating firm in the Universe. It is actually not the biggest or most influential one. Moody's is. Moody's has 40 percent of the market share. Market share of what I don't know, I'm just going off of what Wikipedia says and that can be quite funny.

Moody's and S&P were both begun as ways to track the financial dealings of the Railroads in the U.S. and then they moved on to other industries. The Astrology for these companies seems to be crisis motivated. Don't have a lot of dates to go on here but noticed that they seem to incorporate and hire leaders during years when there is a big war. I guess that the guys who don't go to battle have to figure out something to do while staying at home.

So we'll look at Moody's first.

The company is called "Moody's" and it's a Cancer Sun. Get it? Cancers are moody. God knows I am. HAHAHAHAHAHA, made ya laugh.

Moody's founded 1909.
Incorporated July 1, 1914, NY, NY

Sun 9 Cancer; Moon Libra; NN 9 Pisces Pluto 1 Cancer

Moody's really is Moody with Sun widely conjunct Pluto at the beginning of Cancer, but also in control. Two of these credit agencies were created just as Pluto entered Cancer so they are both going through their Pluto opposition same as the Federal Reserve.

At any rate, Water Signs don't mind fudging the figures a little in order to live the dream or to at least believe in the delusion of dreams.

According to Wikipedia, the Executive Officer of the Company seems to have way too much luck with his investments and is obviously a crook. That's according to Wiki, mind you. This guy, Raymond W. McDaniel, Jr. probably has a birth date. I don't know what it is. Financial officers are really cagey with their birth dates. Did you know that it's extremely easy to figure out somebody's S.S.# if you work for Verizon and know where the person was born? First 5 #'s are codes for where you are born and the last 4 #'s are used for access to your Verizon Account and is generally yelled out across the store by the asshole employees whenever you go in to buy a new phone or even a new power adapter. Just thought I'd mention that, it's really scary.

Where was I? Oh yeah, Raymond McDaniel, Jr., head of Moody's, was born in 1957. He joined Moody's in 1987 and became President in 2001.

Now we have Standard & Poor's. As I said, it was first created as a result of studying the railroad business. Some guy whose last name was Poor wrote a book about money. Isn't that cute?

Standard & Poor's founded in 1860.
Incorporated 1941.

The founder was Daryl Lethbridge. No date.

The President of Standard & Poor's is Deven Sharma. He became President in August 2007 which was right when Wall Street caught on that the markets were tanking. The current Wikipedia article says that he ran 1-800-Flowers for about a year before working for Standard & Poor's. Hahahaha, that's a joke, probably written by Tim Geithner and Ben Bernanke.

Here it is, it won't be on Wiki forever:

Sharma serves on the boards of CRISIL, The US-China Business Council[3] and Asia Society Business Council. He served as a Director of 1-800-Flowers.com Inc. from May 12, 2005 to March 16, 2007. He has authored three publications: The Truth About Customer Solutions, Customer Solutions-Pilots to Profits, and Connecting the Demand Chain.

Deven Sharma was born in 1956. So, with Neptune in Libra he probably does like to wear flowers...

There's another even smaller Credit Rating Agency called Fitch Ratings. It is currently headquartered in Paris but was first incorporated in New York:

Fitch Ratings
Dec. 24, 1913 New York City, NY

Sun 2 Capricorn; Moon Scorpio; NN 19 Pisces Rx

Well, I think I'd like to hear what a Capricorn Sun with Scorpio Moon has to say about the U.S. economy. They gave a AAA rating as well on August 2, but with warning.

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