[cashless]

The really sinister part of all of this, knowing how corrupt the ruling class is, of which S&P is a member, all the “right” people knew about this hours before the rest of us. So they were able to get their inverse ETFs and put options in place well before market close and kept silent during after market hours so out and out panic would not set in. I would also have to guess someone at S&P gave Buffett, Soros and other a quick heads up so they could get their ducks in a row. Sorry, I'm just cynical about the markets these days with all the shenanigans going on.

[JudgemAll]

Yeah, a couple days ago they were saying we were not going to lose the rating... just like Geitner was telling us there would not be more quantitative easing when there was, or that the unemployment is unexpectedly high.

Now they are going to make us “feel” guilty for adjusting the prices to the inflationary spiral and the usurious debts being used for moralizing us at the tip of the bayonnette, calling us terrorists and unpatriotic unamerican.

I dare them.

[tobyhill]

You’re right on the mark. There’s no other reason to wait till a Friday evening.