Posts Tagged ‘Fiscal Crisis’

Limerick Ode To Standard & Poor’s Chutzpah

Tuesday, August 9th, 2011

Paul Krugman does a great job pointing out S&P’s chutzpah in downgrading U.S. debt:

America’s large budget deficit is, after all, primarily the result of the economic slump that followed the 2008 financial crisis. And S.& P., along with its sister rating agencies, played a major role in causing that crisis, by giving AAA ratings to mortgage-backed assets that have since turned into toxic waste.

Nor did the bad judgment stop there. Notoriously, S.& P. gave Lehman Brothers, whose collapse triggered a global panic, an A rating right up to the month of its demise. And how did the rating agency react after this A-rated firm went bankrupt? By issuing a report denying that it had done anything wrong.

Limerick Ode To Standard & Poor’s Chutzpah
By Madeleine Begun Kane

Dear Standard & Poor’s, I’m impressed
Cuz you ought to be under arrest.
You caused the recession
With junk bond aggression.
Now you’re pounding your downgrading chest?

Limerick Ode To Unbalanced Republicans

Monday, July 18th, 2011

Paul Ryan, Educator???

Saturday, July 16th, 2011

Limerick Ode To A Republican Mess

Thursday, July 14th, 2011

Limerick Ode To The Math-Challenged Media

Tuesday, April 12th, 2011

Limerick Ode To A Government Shutdown

Thursday, April 7th, 2011

Radical Budget Haiku

Wednesday, April 6th, 2011

Political Haiku and Tanka Too

Saturday, April 2nd, 2011

Republican Priorities

Monday, March 21st, 2011

Brace For Another Pounding From Pound-Foolish Policies

Thursday, March 17th, 2011

Broken Priorities (Limerick)

Monday, March 14th, 2011

Limerick Ode To Bernie Sanders

Friday, December 10th, 2010

A Pair of Limericks for a Pairless President

Thursday, December 9th, 2010

Tax Cut Tomfoolery

Saturday, September 18th, 2010

Did The Dog Eat John McCain’s Debate Notes?

Wednesday, September 24th, 2008

Ode To Corporate Vultures

Wednesday, September 24th, 2008