March 16, 2010
– Comments (4)
Argh. CNBC, not MSNBC.
I am surprised, frankly, that CNBC the Fed's greatest clueless cheerleader netwrok still has Schiff on the show.
I love this man.
I've said it before and I'll say it again. Moody's will NOT preemptively downgrade the US. The US will default (wont pay, or print our way out) before Moody's downgrades us. All this talk is just that, talk, in order to cover their butts; so when the US eventually does default Moody's can say "we told you so".
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