by FreedomSlave » Fri 10 Oct 2008, 02:28:50
$this->bbcode_second_pass_quote('seldom_seen', 'H')ey...it's not all bad news out there, Moody's downgraded its rating on Goldman Sachs.
$this->bbcode_second_pass_quote('', 'M')oody's put Morgan Stanley's A1 long-term credit rating on review for a possible downgrade, according to an e-mailed statement. The ratings assessor also lowered its outlook for Goldman Sachs Group Inc.'s Aa3 long-term rating to negative.
If Goldman Sachs goes under, I will be cracking a cold one and toasting the demise of this most malignant tumor of the festering financial cancer.
This all really does suck, and it will affect the daily lives of each and everyone of us. It's worth recalling though that this is the long predicted and inevitable outcome of the greatest pyramid scheme in the history of earth. I'm sorry but I have nothing but disdain for these wall street ivy league pricks. These are the type of fing aholes we fought a war against some odd years ago to start our own country. Their world is cracking, crumbling and vanishing before their eyes. Wall Street had to go, it was bound to go and now it's going. f'ck em! They can eat stock certificates. Yes, I'm a bit anxious about the future like everyone else, but this is good news!
I'm thinking the only hope 99.9% of us have is that the "Elites" lose control in the very collapse they created. It would not only be poetic justice, it would give us a fighting chance to pick up the pieces on the other side of collapse.
Regardless, they should not be allowed to "win".