For their role in the mortgage crisis alone, S&P deserves to have their government seal of approval revoked for their reckless use of their ratings authority. A decision could be handed down any day. Call the SEC now and tell them to revoke S&P’s government seal of approval for their reckless use of their ratings authority

Bill Clinton kicks off his discussion at today’s Pete  Peterson “fiscal summit” by fawning over Peterson and complaining that the two of them had been attacked by “liberal blogs” because they’re not on board with “just spending like crazy.”  (CSPAN video starts at 2:02)   It must be hard out here for an oligarch these [...]