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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Wednesday, January 23, 2013

SEC Bars Egan-Jones From Rating The US And Other Governments For 18 Months | Zero Hedge

The SEC has barred Egan-Jones rating agency from rating the debt of sovereign governments as a penalty for errors on their application to do so. The government must be a little worried that since Egan-Jones is somewhat more honest about the credit worthiness of insolvent governments and these insolvent governments don't want the truth to come out. I am sure that the rating agencies, Moody's and S&P will be totally honest about their ratings now that one of the agencies has been smacked due to telling the truth!

SEC Bars Egan-Jones From Rating The US And Other Governments For 18 Months | Zero Hedge

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