Tag: S&P

Screw Sam! Reconstruct the Mortgages with their Rightful Owners (via Deadly Clear)

On By southwerkIn business ethics1 Comment

There is a lot of anger in this article. But I too share disgust with this government’s willingness to help out every kind of financial institution while ignoring the needs of the Middle Class. These people no longer have a defender in the government just a facilitator of the predation

James Pilant

Screw Sam! Reconstruct the Mortgages with their Rightful Owners U.S.Seeks Ideas on Renting Out Foreclosed Property By EDWARD WYATT Published: August 10, 2011 WASHINGTON— Uncle Sam wants you — to rent a house from Uncle Sam. The Obama administration said on Wednesday that it was soliciting ideas on how to turn the federal government’s inventory of foreclosed houses into rental properties that could be managed by private enterprises or sold in bulk. The goal, the administration said, is to stabilize neighborhoo … Read More

via Deadly Clear

Predator Drone Seen Hovering over Standard & Poor’s Headquarters (via Borowitz Report)

On By southwerkIn business ethics

This is the lead in Andy Borowitz’s new essay. I tend to like a lot of his material and I’m happy here to call attention to particularly timely and funny column on his part.

WASHINGTON (The Borowitz Report) – Just days after downgrading the credit rating of the United States, Standard & Poor’s was on high alert this morning after an unmanned Predator drone was seen hovering over its headquarters in lower Manhattan.

While the mission of the Predator was unclear, some insiders speculated that S & P might be in for a downgrade of its own.

Please go to his web site and read the whole essay. It’s worth the trip.

James Pilant