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What You Should Know / July 24, 2010

chinaman49

www.washingtonsblog.com -- America's biggest creditor - China - has called our bluff. As the Financial Times notes, the head of China's biggest credit rating agency has said America is insolvent and that U.S. credit ratings are a joke: The head of China’s largest credit rating agency has slammed his western counterparts for causing the global financial crisis and said that as the world’s largest creditor nation China should have a bigger say in how governments and their debt are rated. “The western rating agencies are politicised and highly ideological and they do not adhere to objective standards,” Guan Jianzhong, chairman of Dagong Global Credit Rating, told the Financial Times in an interview.

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4 Comments

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  • 1. Ozinator  |  July 24th, 2010 at 7:18 pm

    I was going to say something stupid about what a humorless dweeb I am, but then I thought better of it

  • 2. GARY  |  July 26th, 2010 at 12:48 pm

    you think we are dumb?…those shrewd chinese loaned all that money to a tapped out country…this is no reason to gloat…like a bad marriage,complaining about your partner doesn’t speak well of yourself

  • 3. Ozinator  |  July 27th, 2010 at 5:10 pm

    I’d have a good sense of humor if i pulled my eyes and made a dry cleaning reference?

    race jokes are lower than puns on the humor scale and that has nothing to do with them being offensive. …little kids get a pass but you’re a fuckwit

  • 4. Kevin Shea  |  February 3rd, 2011 at 6:07 pm

    I hope our classic American racist knee-jerk puns will help our country actually pay its debt.

    It is scary that instead of a real plan to tackle our problems, the only tool we can employ to make ourselves feel better is racist puns.

    How about talking about ways to get out of these debt trap?


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