Who Cares What Standard and Poor's Thinks?

One of the most disturbing aspects of the financial crisis is that so many people who couldn't get a job writing the daily horoscopes still have their financial forecasts taken seriously.

QOTD

I keep saying I am not a Democrat because I have no idea what their economic policy is, and I am not a Republican because I know EXACTLY what their economic policy is. That is our policy choices: Inept cluelessness on one side, and hapless fantasy-based lunacy on the other.

Barry Ritholtz at The Big Picture