The United States Government which throughout its entire history has always paid its bills is now the subject of a smear campaign by Standard & Poor’s. To be specific, Standard & Poor’s CEO Deven Sharma who has never had anything nice to say about the United States and in fact, is an Indian national and the moving force behind the irresponsible but politically motivated recent downgrading of the United States bond ratings. Sharma is a staunch critic of the United States and opportunistically and irresponsibly attempted to deliver a body blow to the American people and economy at the precise time Congress is addressing some serious debt issues. Sharma, using a handful of international “Analysts” notably Nikola G. Swann, a London Trained Canadian economist will do more damage to the United States and its people than 9/11. Reached for comment, Swann’s initial response was, “Is this going to take long, I have tickets for the theater”. Then, in an incredibly arrogant interview Swann stated that the United States had failed to address the debt issue fast enough to his liking and thus was downgraded. Swann apparently puts little stock in solid hard hitting empirical data preferring his opinion, which apparently he expounds through a sphincter lock on his neck.
Make no mistake, through his writings on “competitive strategy” S&P CEO Sharma considers the United States the PROBLEM in today’s world, operating with what he implies is an unfair and reckless advantage. The brutal reality is that for "globalization" to succeed the United States must be torn asunder and that does not bode well for the American people whose business leaders are now drawn from an international community that very much wants to re-distribute the world's wealth and that means take from the U.S. and give to everyone else.
What few remember is that Standard & Poor’s, quick to condemn and degrade the United States found little wrong with the bond offerings of all those mortgage companies that went bottoms up when the real estate Market tanked revealing among other things, the glaring inaccuracies in S&P’s bond ratings. And lest anyone think S&P’s actions appropriate and not simply politically motivated: the United States has never reneged on its financial obligations; there is no evidence that the U.S. will not make payments; and frankly, the international leadership at S&P is operating on arrogance and anti-Americanism. Has it come to this? a couple international hacks at S&Ps have this kind of power? Perhaps someone at McGraw Hill, S&P’s parent company should check into this. I am sure McGraw-Hill can find another international executive or perhaps a literary agent to look into this?