Just had to copy this view of ZeroHedge into a post here, well worth seeing in my opinion. Go to ZeroHedge and see for yourself if you don't believe me. It's worth seeing the text under the first article link for their paraphrasing. Also, in the comments: "Circle the wagons fuckers, they're on to us!"
Joint Statement By The Fed, The FDIC, NCUA And OCC
Submitted by Tyler Durden on 08/05/2011 - 22:16 Presenting the joint statement by The Fed, the FDIC, NCUA, OCC. In essence: the Fed tells S&P to go fornicate itself. And for your corresponding pleasure, below are the media contact of note: Federal Reserve Susan Stawick (202) 452-2955; FDIC David Barr (202) 898-6992; NCUA David Small (703) 518-6336; OCC Bryan Hubbard (202) 874-5307And Just Because.... "Is There A Risk The US Could Lose Its AAA Rating?" Tim Geithner: "No Risk"
Submitted by Tyler Durden on 08/05/2011 - 20:49
Peter Barnes “Is there a risk that the United States could lose its AAA credit rating? Yes or no?”
Geithner’s response: “No risk of that.”
“No risk?” Barnes asked.
“No risk,” Geithner said.
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