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“In short, S&P is just making stuff up — and after the mortgage debacle, they really don’t have that right. So this is an outrage — not because America is A-OK, but because these people are in no position to pass judgment.”Paul Krugman’s take on the credit-rating downgrade. Simply put, he thinks they’re douchenozzles who downgraded the credit rating despite some crappy math. (via shortformblog)
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