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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Giordano Bruno who wrote (373803)9/7/2008 4:52:53 PM
From: Box-By-The-Riviera™  Read Replies (1) of 436258
 
NEW YORK, Sept 7 (Reuters) - Standard & Poor's said on Sunday the U.S. top triple-A rating and stable outlook are not affected by the government's decision to take over mortgage finance giants Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz).

The rating agency said in a statement: "In our view, the U.S. government's credit quality continues to be upheld by its high-income, highly diversified, and exceptionally flexible economy, relative to those of other 'AAA' rated sovereigns, together with the U.S. public sector's fiscal flexibility and the unique advantages coming from the dollar's preeminent place among currencies." (Reporting by Richard Leong; Editing by Neil Stempleman)

............and there are enough citizens left who will be buttfucked and foot the bill at the same time. once they have been killed off, we may have to revise our ratings.

sincerely yours

your trusted raters of CDO's and other junk paper.
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