US Government Seeks to Shut Down SandP; Replace With Homeland Economy
by NickFun
This sign will soon be removed and replaced with a sign reading "Homeland Economy"
In a speech this afternoon, President Obama stated that he plans to eliminate the privately run Standard & Poor's (S&P) and replace it with a government-run agency in order to stave off bankrupting the US economy.

"The S&P index has become antiquated and no longer reflects the way governments do business", the President stated. "I will be creating the Office of Homeland Economy to prevent private firms like S&P from destroying our government!"

S&P had recently downgraded the US credit rating from a top AAA to a less-secure AA+. This may lead to stock market failures throughout the world. The President assures everyone that the government is printing money fast enough to stave off a global recession.

"We should be able to cap our debt ceiling as high as we want without being troubled with some private company telling us our credit is no good!" the President continued.

S&P President Deven Sharma stood by the downgraded credit rating. "The US has no money!" Sharma claimed. "We should actually downgrade it to a D- or lower! If the country was a business it would have gone bankrupt years ago!"

Obama said it will require an act of Congress to shut down the S&P and Congress said they would do it.

 
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Unconfirmed Sources political satire and news story parodies as represented above are written as satire or parody. They are, of course, fictitious.

Your Comments



ARIF MOHAMMAD wrote:
I THINK NO PRIVATE AGENCY SHOULD CONTROL THE RATINGS OF US GOVET, THEY SHOULD NOT ONLY BE STHUT DOWN BUT TO BE HELD ACCOUNTABLE FOR THEIR ACTIONS WITH SOME PUNISHMENT///////ARIF O. MOHAMMAD 413 250 4273
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nickfun wrote:
I see you live in Western MA Mohammad. I don't recall ever seeing terrorists out there.
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randose wrote:
swallow your pride and have a nice slice of humble pie. The comments they're spouting to each other sound like a high school break-up drama scene... Can't wait for the next elections when I'm once again subjected to tv ads and smear campaigns.

The problem is here, let's stand together a fix it to create a solid future for the generations to come.
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nickfun wrote:
Randose you sound just like Obama!
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kafantaris wrote:
A famous geologist had published a detailed paper on the rock formation of the island he frequented during the summers. While strolling the hillside one evening he found a boulder whose mineral content simply could not be explained by his theory. Instead of changing it, he hired the locals to roll the boulder down into the sea.
As it sank out of sight, he exclaimed, "There, I was right after all."
So was S&P.
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aaron fleszar wrote:
Here's what is really going on.

A Coup d'etat began during the 2008 presidential election.

Obama is not the president, he’s the acting president. He disappeared for 2 weeks after his election win only to reappear looking exhausted sitting next to John McCain, with a bad poker face, for a press photo shoot. Obama is now a Pentagon puppet.

Here’s what Obama, Osama, Biden, Bin Laden, the FBI’s Most Wanted Terrorists, and Sarah Palin had to do with the last presidential election and the military’s overthrow of our government. Thousands of people are learning about this and sharing it everyday. Help us restore our democracy now.

http://ElectNoMoreSpys.blog...
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John-e-boy wrote:
lol kafantaris. you are so right it hurts
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nickfun wrote:
kafantaris got it right! I know someone would...!
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eric wrote:
retarded . an outside source is the only way to make sure gov . is held accountable . otherwise the gov will just keep giving them self breaks . that would be like a thief cutting off his own hand for stealing . just not feasible . And printing more money with out anything to back it is retarded on the president. printing more money is fixing nothing
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nickfun wrote:
Eric, isn't that what we're seeing now?
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grazor wrote:
That's a great idea, lets start another government agency that does nothing but tell what the gov. wants people to hear and we cannot afford. Obama started this financial crisis with his stimulus idea that was a total failure just as any other government agency that has ever been enacted. Change leadership to a private sector with experience and the economy will strive, get rid of the weak leadership and inexperience.
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