Tea, Jack Daniels And The SEC.

Hrumph. The SEC has decided not to pursue any action against Moody's. And let that be a lesson. Moody's is one of three major ratings companies who rate stocks and bonds etc. They're the ones that told the world that it would be a good idea to invest in the toxic subprime mortgage packages that helped cause the financial meltdown at the beginning of the Great Recession we're still in. So now all three credit ratings companies are on notice. If they try to fool the public again, they just might get off Scot free. Again. Got em running scared now, don't we? So the SEC, Security Exchange Commission, the agency charged with the responsibility of protecting Americans from unfair financial practices like ponzi schemes and stock price manipulation and such things, is showing that it's ready to play hard ball with these folks. Uh, well, actually more like wiffle ball. All right, so things haven't changed at all. The SEC still seems to be in bed with Wall Street, just like the big three ratings companies are. Did you really expect anything else. Who's going to stop them? Congress? Ha! Congress has it's shorts so tied up in knots, it can't pass anything that looks like it will help the public. You'd better forget the Tea Party. What this country needs is a good stiff jolt of Jack Daniel's.