The Standard & Poors Bullshit Meter

They may believe they accomplished something grand after the previous weekend’s debt ceiling drama, but thankful we have the S&P Bullshit Meter to keep the story straight:

S&P 500 - August 2, 2011

They may not be running completely on empty, although even that is certainly debatable. But they sure as heck are oblivious to how information flows ’round nowadays.

MG signing off (to put on my waders despite no plans to go fishing)

Comments

So if just I keep asking my credit card company to raise my limit, that doesn’t help things?

In some alternate realities it actually completely solves the problem!

Whew. We’ve extended our debt limit (again). Crisis averted.

I can’t wait for QE3!