Chamblee54

America is in a world of trouble. The financial markets have fallen, and can’t get up.
A committee in Congress is investigating. According to Obsidian Wings, they found this:
“A Senate panel investigating the causes of the nation’s financial crisis on Thursday unveiled evidence that credit-ratings agencies knowingly gave inflated ratings to complex deals backed by shaky U.S. mortgages in exchange for lucrative fees. “
Don’t act surprised. As capital flooded in, the moneybois got greedy, and tried to turn it over a few more times. And the Wall Street wonders are paying Congress, now,to win the job of putting humpty dumpty back together.
Another site chiming in today is the named by committee camelswithhammers . They have a tasteful video about New Testament justice. Do you think we should forgive the credit rating agencies for their role in the money meltdown? If we did, would that brings jobs and prosperity back to America?
The notion of forgive applies to debts as well as misdeeds. In some versions of the Lord’s Prayer, they say “forgive us our debts, as we forgive our debtors”. If Jesus forgives Standard and Poor, will someone else forgive a few ARM? Inquiring minds want to know.
Pictures from the ” Special Collections and Archives,Georgia State University Library”.