Sanders on S&P downgrade: ‘Where were they four years ago?’
From U.S. Senator Bernie Sanders’ FB page on the S&P downgrade:
I find it interesting to see S&P so vigilant today in downgrading the US credit rating. Where were they 4 years ago when they, and other credit rating agencies, helped cause this horrendous recession by providing AAA ratings to worthless sub-prime mortgage securities on behalf of Wall Street investment firms? Where were they last December when Congress and the White House drove up the national debt by $700 billion by extending Bush’s tax breaks for the rich?
For those of you outside the U.S. who aren’t familiar with Sanders: he is the longest serving independent in U.S. Congressional history.