S&P Debt Warning? Honey Badger Don’t Give a Shit

Posted: April 18, 2011 by socklessjoe in FAIL, Fucking Markets, Funniest End of Civilization Evah, News

Seriously?  A Standard & Poor’s sovereign debt warning for the US?

Honey Badger don’t give a shit about your irrelevant press releases.

Welcome to the party, jackasses.

First, S&P has been so late to the party that I’m not sure why anybody thinks this is news.  Is anybody surprised that the US has a debt problem? Anybody?


Was anybody surprised as debt rating agencies continued to ding on Greece and Ireland as their debt crises unfolded?

Second, has anybody given a shit what S&P says since they botched the subprime debt rating business?  Anybody remember this one:

We rate every deal. It could be structured by cows and we would rate it.

Honey Badger don’t give a shit what S&P says.  S&P is nasty.

  1. […] S&P Debt Warning? Honey Badger Don’t Give a Shit (doubleplusundead.com) […]

  2. tangonine says:

    It would be irrelevant except for the fact that it brought the market to it’s knees yesterday. What, exactly is your definition of relevance?

  3. Sockless Joe says:

    I wouldn’t call that reaction bringing the market “to its knees”. There was a reflexive selloff of about 248 Dow points, closing down only 140. And that was on only slightly above average trading volume.

    As of today we’re at a new multi-year high for the DJIA.

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