Credibility, Chutzpah and Debt - NYTimes.com

chutzpah — traditionally defined by the example of the young man who kills his parents, then pleads for mercy because he’s an orphan.

via nytimes.com

Standard & Poors has no legitimate ability to rate anything, let alone the ability of the US to make debt repayments. No one else in the world believes this rubbish. I smell a ploy to reduce the stock prices so they can move in and make killing. What a crock.