Forum Post: Phase 1: Rating agencies
Posted 12 years ago on Nov. 2, 2012, 5:07 p.m. EST by mjbento
(74)
This content is user submitted and not an official statement
Occupy rating agencies.
- Moody's
- Fitch
- Standart & Poor's
and all associates.
These agencies are behind the financial crisis of Greece, Ireland, Spain, Italy, Portugal. Because of their abusive rating practices 25.751 million people are left unemployed and many million more are left in a precarious job condition. They rate countries's finances based on perversity surpasing the nazi death chambers. They made millions because of the Europe crisis and every cent of it ir ROBBED. I say: payback time. Europe wants its money back. Just to show our resolve we will persecute the agencies until their last agent and their last cent, be it with legal means, be it with military force. We will hunt down anyone who shelters or harbours the stolen property of europeans, in any country (and offshore), waging war if necessary and with no complexes.
If we are to build social justice, rating agencies must cease to exist.
Long live the People.
I believe the ratings agencies are owned by the banks. There's no way that insolvent countries should have the ratings they do. They should be near junk status.
How are things in your neck of the woods in StatenIsland?