# What are the odds that Congress manages to screw up the US credit rating again?
**URL:** https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808
**Category:** The BBQ Pit
**Created:** [July 29, 2013, 12:46pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808 "2013-07-29T12:46:11Z")
**Posts on this page:** 20
**Page:** 5
### Author:  [@Great\_Antibob](https://boards.straightdope.com/u/Great_Antibob)
#### Post date: [August 1, 2013, 6:30pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/81 "2013-08-01T18:30:17Z")
> [@deltasigma](#):
>
> Yes, asshole Bob is focusing on nat gas in a thread on peak oil. Why? I have no fucking idea. I assumed it was personal but clearly I believe him when he says it has no relationship to the fact that I humiliated him in this thread. :rolleyes:
Humiliated? đ
So far, youâve managed to reveal your deep ignorance across a wide range of topics to several posters and have them call you on it. If that required my humiliation, all the better for me.
Being called an asshole by the likes of you is apparently a wonderful compliment.
In the mean time, credentialed economists are [not](http://krugman.blogs.nytimes.com/2012/04/02/ratings-disaster/) [on your](http://niesr.ac.uk/blog/moodys-downgrade-both-osborne-and-balls-get-it-wrong#.UfqnLm2nmDc) [side](http://delong.typepad.com/sdj/2011/08/the-rating-agency-clown-show.html).
---
### Author:  [@deltasigma](https://boards.straightdope.com/u/deltasigma)
#### Post date: [August 1, 2013, 6:38pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/82 "2013-08-01T18:38:05Z")
> [@Great\_Antibob](#):
>
> Humiliated? đ
>
> So far, youâve managed to reveal your deep ignorance across a wide range of topics to several posters and have them call you on it. If that required my humiliation, all the better for me.
>
> Being called an asshole by the likes of you is apparently a wonderful compliment.
>
> In the mean time, credentialed economists are [not](http://krugman.blogs.nytimes.com/2012/04/02/ratings-disaster/) [on your](http://niesr.ac.uk/blog/moodys-downgrade-both-osborne-and-balls-get-it-wrong#.UfqnLm2nmDc) [side](http://delong.typepad.com/sdj/2011/08/the-rating-agency-clown-show.html).
Oh god, the comedic value of this thread is just overwhelming. The entire forum has had 80 some posts and 3 full days to reveal my so-called ignorance and not once - ONCE - has anyone manage to provide a since example WITH CITES of where I was wrong on an economic or monetary issue.
And you know what, that really shouldnât have been all that difficult since a) Iâve forgotten a lot since business school and b) a lot has been learned and a lot has changed since then. As to (b), Iâve had to learn/relearn a lot just in the past decade or so since I decided to open a brokerage account and manage some of my own funds. I was too chicken shit to do that previously so I didnât pay that much attention.
---
### Author:  [@Great\_Antibob](https://boards.straightdope.com/u/Great_Antibob)
#### Post date: [August 1, 2013, 6:44pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/83 "2013-08-01T18:44:32Z")
> [@deltasigma](#):
>
> WITH CITES
You keep using that word. I donât think that word means what you think it does.
Hint: check the post you quoted. When economists are calling credit ratings of sovereign nations a joke, theyâve got a reason for it. When a Nobel Prize winner disagrees with you, itâs time to re-think things.
> [@deltasigma](#):
>
> As to (b), Iâve had to learn/relearn a lot just in the past several years since I decided to open a brokerage account and manage some of my own funds.
What the hell does this have to do with credit ratings of sovereign nations?
Youâre trying poorly to make an argument by authority and failing miserably. My brother has a recent MBA. So fucking what? I wouldnât trust him to manage my funds if my money depended on it.
And based on the links in this thread, itâs a common pattern with you. Posters with clearly vastly more knowledge and experience tell you just how wrong you are and you canât stand it.
Well, boo fucking hoo.
Iâm following the **Martin Hyde** route from now on. You clearly canât see past your own âmagnificenceâ, so Iâll let you have it from now on.
All Hail **deltasigma** , the greatest brain on the SDMB who is never wrong and certainly not a blithering blowhard!
---
### Author:  [@deltasigma](https://boards.straightdope.com/u/deltasigma)
#### Post date: [August 1, 2013, 6:51pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/84 "2013-08-01T18:51:38Z")
> [@Great\_Antibob](#):
>
> You keep using that word. I donât think that word means what you think it does.
>
> Hint: check the post you quoted. When economists are calling credit ratings of sovereign nations a joke, theyâve got a reason for it. When a Nobel Prize winner disagrees with you, itâs time to re-think things.
>
> What the hell does this have to do with credit ratings of sovereign nations?
>
> Youâre trying poorly to make an argument by authority and failing miserably. My brother has a recent MBA. So fucking what? I wouldnât trust him to manage my funds if my money depended on it.
>
> And based on the links in this thread, itâs a common pattern with you. Posters with clearly vastly more knowledge and experience tell you just how wrong you are and you canât stand it.
>
> Well, boo fucking hoo.
>
> Iâm following the **Martin Hyde** route from now on. You clearly canât see past your own âmagnificenceâ, so Iâll let you have it from now on.
>
> All Hail **deltasigma** , the greatest brain on the SDMB who is never wrong and certainly not a blithering blowhard!
Oh sweet Jesus, another moron. I admitted that I hadnât properly stated the issue in the OP in post 29 and restated it.
Care to try again there short bus? đ
---
### Author:  [@leahcim](https://boards.straightdope.com/u/leahcim)
#### Post date: [August 1, 2013, 6:56pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/85 "2013-08-01T18:56:09Z")
> [@Great\_Antibob](#):
>
> Youâre trying poorly to make an argument by authority and failing miserably. My brother has a recent MBA. So fucking what? I wouldnât trust him to manage my funds if my money depended on it.
>
> And based on the links in this thread, itâs a common pattern with you. Posters with clearly vastly more knowledge and experience tell you just how wrong you are and you canât stand it.
>
> Well, boo fucking hoo.
Quoted for speaking my thoughts more articulately that I would myself.
There really is only one appropriate response to DS, and since this is the Pit:
:rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes:
:rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes:
:rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes:
đ
---
### Author:  [@deltasigma](https://boards.straightdope.com/u/deltasigma)
#### Post date: [August 1, 2013, 7:00pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/86 "2013-08-01T19:00:26Z")
> [@leahcim](#):
>
> Quoted for speaking my thoughts more articulately that I would myself.
>
> There really is only one appropriate response to DS, and since this is the Pit:
>
> :rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes:
> :rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes:
> :rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes:
>
> đ
Obviously another person who has never read any of my monetary or economics posts. I NEVER speak from authority. In fact, I doubt that unless someone had looked at my profile they would have been aware of my academic background prior to this thread. But hey - PROVE ME WRONG. Hereâs yet another chance. đ
---
### Author:  [@septimus](https://boards.straightdope.com/u/septimus)
#### Post date: [August 1, 2013, 7:04pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/87 "2013-08-01T19:04:17Z")
> [@deltasigma](#):
>
> Yawn. Like I said. If you canât provide a cite that show WHY I was wrong asshole, then fuck off. Iâm the first one to admit I have no life but even I have better things to do with my time than sit here and respond to idiots like you who canât even use google to find a simple citation that shows WHY Iâm such a fucking moron. Iâm if itâs so clear and so simple to prove then JUST FUCKING DO IT and shut the fuck up. Mâkay? :smack: đ
Fuck off, you dolt. I canât tell whether youâre too ignorant to identify the thread I spoke of, or whether you need a Google or Wikipedia cite that you were wrong. In the latter case, I can only laugh. SDMB will provide more epxertise than the average blog that will show up with Google. On many matters _including the one we argued in the thread_ all thatâs needed is basic knowledge and common-sense: to ask for âa citeâ in such a case shows much confusion.
But in fact, **Hellestal** posted some cites there to help educate you. You responded:
> [@Stock market questions](https://boards.straightdope.com/t/stock-market-questions/663257/11):
>
> The original question was comparing historical stock market performance not the performance of individual equities and thatâs what I was addressing. If I have to actually qualify everything I say because people are too stupid to understand the context, thatâs not my problem.
Just to help fight your ignorance further, the question _had the same answer for individual equities as for indexes_. âToo stupidâ was the only correct part of that post, but the target was wrong.
But weâre real proud of you for graduating magna cum âlauda.â đ If that boast was intended to start a pissing contest, read my post in âGifted childâ thread. BTW, I post on finance despite having no economics training except the Freshman 101 class at one of the best Econ departments in the country. After I got the only A+, the Chairman of the Dept. invited me for a meal and begged me to switch majors to Economics.
---
### Author:  [@deltasigma](https://boards.straightdope.com/u/deltasigma)
#### Post date: [August 1, 2013, 7:06pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/88 "2013-08-01T19:06:22Z")
> [@septimus](#):
>
> Fuck off, you dolt. I canât tell whether youâre too ignorant to identify the thread I spoke of, or whether you need a Google or Wikipedia cite that you were wrong. In the latter case, I can only laugh. SDMB will provide more epxertise than the average blog that will show up with Google. On many matters _including the one we argued in the thread_ all thatâs needed is basic knowledge and common-sense: to ask for âa citeâ in such a case shows much confusion.
>
> But in fact, **Hellestal** posted some cites there to help educate you. You responded:
>
> Just to help fight your ignorance further, the question _had the same answer for individual equities as for indexes_. âToo stupidâ was the only correct part of that post, but the target was wrong.
>
> But weâre real proud of you for graduating magna cum âlauda.â đ If that boast was intended to start a pissing contest, read my post in âGifted childâ thread. BTW, I post on finance despite having no economics training except the Freshman 101 class at one of the best Econ departments in the country. After I got the only A+, the Chairman of the Dept. invited me for a meal and begged me to switch majors to Economics.
Still too stupid to find an actual citation to back anything up though eh? You canât even be bothered to cite the thread youâre talking about. Iâm not even wasting the keystrokes. đ
---
### Author:  [@septimus](https://boards.straightdope.com/u/septimus)
#### Post date: [August 1, 2013, 7:22pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/89 "2013-08-01T19:22:49Z")
> [@deltasigma](#):
>
> You canât even be bothered to cite the thread youâre talking about.
You click on the blue arrow after âOriginally Posted by deltasigma.â You really didnât know that? :dubious:
Iâve told you that in many of your posts you seem knowledgeable and intelligent. But whatâs happened now? When I see your name in future my only urge will be to ask: Whatâs the diagnosis? Are you getting the right meds?
---
### Author:  [@deltasigma](https://boards.straightdope.com/u/deltasigma)
#### Post date: [August 1, 2013, 7:27pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/90 "2013-08-01T19:27:15Z")
> [@septimus](#):
>
> You click on the blue arrow after âOriginally Posted by deltasigma.â You really didnât know that? :dubious:
>
> Iâve told you that in many of your posts you seem knowledgeable and intelligent. But whatâs happened now? When I see your name in future my only urge will be to ask: Whatâs the diagnosis? Are you getting the right meds?
Iâm trying to decide if I should be insulted or amused.
Iâll get back to you. đ
---
### Author:  [@pancakes3](https://boards.straightdope.com/u/pancakes3)
#### Post date: [August 1, 2013, 7:33pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/91 "2013-08-01T19:33:47Z")
> [@septimus](#):
>
> After I got the only A+, the Chairman of the Dept. invited me for a meal and begged me to switch majors to Economics.
âš I got an A in intro to micro AND intro to macro and I didnât even get to meet a genuine prof. Outside of the a handful of classes, It was 75% grad students teaching us. 4 in fact. 1 âheadâ grad student and 3 associate grad students. So now Iâm out a dinner AND a MENSA membership.
I will say that a few years ago when the credit agencies were rumbling, I asked an I-banking friend of mine (no MBA unfortunately) if we should be concerned. Specifically, if it would fuck with his models/spreadsheets (CAPM). He said âSlightly, but not really. I mean, what are we going to do? NOT buy US bonds and bills in favor of⌠Eurodebt? Please. This isnât a Jay-Z video. Yeah, itâll fudge the numbers slightly but itâll be business as usual.â
Note, my friend is not an economist, much less a Nobel-prize-winnign economist. Just an analyst at an investing firm. However, knowing both honest-to-goodness economists as well as honest-to-goodness financiers/bankers, the twoâs knowledge base rarely intertwine. Furthermore, an MBA is a Masters of Business Administration, nothing more, nothing less. If weâre appealing to authority, we should at least be appealing to the right authorities in the right fields of expertise.
---
### Author:  [@deltasigma](https://boards.straightdope.com/u/deltasigma)
#### Post date: [August 1, 2013, 7:41pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/92 "2013-08-01T19:41:52Z")
> [@pancakes3](#):
>
> âš I got an A in intro to micro AND intro to macro and I didnât even get to meet a genuine prof. Outside of the a handful of classes, It was 75% grad students teaching us. 4 in fact. 1 âheadâ grad student and 3 associate grad students. So now Iâm out a dinner AND a MENSA membership.
>
> I will say that a few years ago when the credit agencies were rumbling, I asked an I-banking friend of mine (no MBA unfortunately) if we should be concerned. Specifically, if it would fuck with his models/spreadsheets (CAPM). He said âSlightly, but not really. I mean, what are we going to do? NOT buy US bonds and bills in favor of⌠Eurodebt? Please. This isnât a Jay-Z video. Yeah, itâll fudge the numbers slightly but itâll be business as usual.â
>
> Note, my friend is not an economist, much less a Nobel-prize-winnign economist. Just an analyst at an investing firm. However, knowing both honest-to-goodness economists as well as honest-to-goodness financiers/bankers, the twoâs knowledge base rarely intertwine. Furthermore, an MBA is a Masters of Business Administration, nothing more, nothing less. If weâre appealing to authority, we should at least be appealing to the right authorities in the right fields of expertise.
Iâm happy to get the discussion back on track but I doubt some people will allow that. They seem to have some rather large bugs up their ass, but Iâm willing to give it a shot. đ
Your friend is being overly simplistic. US paper is sold at auction and while those auctions are set up such that they will always sell out, the price is not set until the sale. I wonât claim to understand the mechanics, but the thing everyone seems to watch is the bid to cover ratio and that seems to relate to the rate that is demanded.
IOW, yes, people will buy our paper, but they can still demand a higher rate.
---
### Author:  [@pancakes3](https://boards.straightdope.com/u/pancakes3)
#### Post date: [August 1, 2013, 7:55pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/93 "2013-08-01T19:55:28Z")
Well Martin already addressed this. What we observed was that if the rating is dropped, it signals that the economic future of America is shaky - not just for the government. Then investors scramble to buy the safest thing around - and that is still government debt.
---
### Author:  [@deltasigma](https://boards.straightdope.com/u/deltasigma)
#### Post date: [August 1, 2013, 8:03pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/94 "2013-08-01T20:03:42Z")
> [@pancakes3](#):
>
> Well Martin already addressed this. What we observed was that if the rating is dropped, it signals that the economic future of America is shaky - not just for the government. Then investors scramble to buy the safest thing around - and that is still government debt.
Iâve dealt with Marty before I consider him as reliable as he considers me.
What youâre talking about is the proverbial âflight to safetyâ or âflight to quality.â It doesnât signal anything except fear. 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[http://www.matrixgames.com/products/344/details/Commander.-.Europe.at.War.Gold](http://www.matrixgames.com/products/344/details/Commander.-.Europe.at.War.Gold) [http://en.wikipedia.org/wiki/Carcassonne\_(board\_game)](http://en.wikipedia.org/wiki/Carcassonne_(board_game)) [http://milliondollar.cnbc.com/MyPortfolio/Equities/AllHoldings](http://milliondollar.cnbc.com/MyPortfolio/Equities/AllHoldings) games [http://www.nytimes.com/interactive/2008/09/15/science/20080915\_NUMBER\_SENSE\_GRAPHIC.html](http://www.nytimes.com/interactive/2008/09/15/science/20080915_NUMBER_SENSE_GRAPHIC.html) [http://www.pogo.com/games/monopoly#](http://www.pogo.com/games/monopoly#) [http://douchethebag.mybrute.com/cellule](http://douchethebag.mybrute.com/cellule) [http://www.richardrandall.com/vamp-wars/](http://www.richardrandall.com/vamp-wars/) [http://www.xtremesystems.org/forums/search.php?searchid=17369739](http://www.xtremesystems.org/forums/search.php?searchid=17369739) Humor [http://www.motifake.com/](http://www.motifake.com/) [http://wigflip.com/automotivator/](http://wigflip.com/automotivator/) [http://redwing.hutman.net/~mreed/warriorshtm/yukyuk.htm](http://redwing.hutman.net/~mreed/warriorshtm/yukyuk.htm) [http://www.cracked.com/](http://www.cracked.com/) [http://www.buzzfeed.com/viral](http://www.buzzfeed.com/viral) [http://icanhascheezburger.com/](http://icanhascheezburger.com/) [http://thereifixedit.com/page/2/](http://thereifixedit.com/page/2/) [http://www.peopleofwalmart.com/?paged=15](http://www.peopleofwalmart.com/?paged=15) [http://www.darwinawards.com/darwin/](http://www.darwinawards.com/darwin/) [http://sadguysontradingfloors.tumblr.com/](http://sadguysontradingfloors.tumblr.com/) [http://jumpinginpools.blogspot.com/](http://jumpinginpools.blogspot.com/) [http://www.scrappleface.com/](http://www.scrappleface.com/) [http://www.keithwhite.us/redneck.html](http://www.keithwhite.us/redneck.html) [http://www.myconfinedspace.com/](http://www.myconfinedspace.com/) [https://vip.anonymouse.org/cgi-bin/anon-www.cgi/http://www.craigslist.org/about/best/all/](https://vip.anonymouse.org/cgi-bin/anon-www.cgi/http://www.craigslist.org/about/best/all/) [http://www.break.com/](http://www.break.com/) [http://thedailywtf.com/](http://thedailywtf.com/) [http://www.theonion.com/content/index](http://www.theonion.com/content/index) [http://smilepanic.com/index.php/fun/35-fun-and-danger/251-shit-happens-3.html](http://smilepanic.com/index.php/fun/35-fun-and-danger/251-shit-happens-3.html) [http://www.dilbert.com/strips/?F=1&CharIDs=&ViewType=Full&NoDateRange=0&SingleDate=&Order=s.DateStrip&PerPage=20&x=31&y=23&After=09%2F25%2F1989&Before=02%2F05%2F2010&CharFilter=Any&Page=11](http://www.dilbert.com/strips/?F=1&CharIDs=&ViewType=Full&NoDateRange=0&SingleDate=&Order=s.DateStrip&PerPage=20&x=31&y=23&After=09%2F25%2F1989&Before=02%2F05%2F2010&CharFilter=Any&Page=11) [http://www.cracked.com/blog/five-fun-facts-about-the-cia-and-lsd/](http://www.cracked.com/blog/five-fun-facts-about-the-cia-and-lsd/) [http://redwing.hutman.net/~mreed/](http://redwing.hutman.net/~mreed/) [http://www.moronail.net/img/2018\_csi\_keep\_zooming\_in\_and\_enhancing](http://www.moronail.net/img/2018_csi_keep_zooming_in_and_enhancing) [http://chicksontheright.com/2010/09/19/i-interrupt-politics-to-bring-you-this/](http://chicksontheright.com/2010/09/19/i-interrupt-politics-to-bring-you-this/) [http://xkcd.com/812/](http://xkcd.com/812/) Media [http://www.rottentomatoes.com/movie/opening.php](http://www.rottentomatoes.com/movie/opening.php) [http://www.mythtv.org/](http://www.mythtv.org/) [http://en.wikipedia.org/wiki/2009\_in\_film#January\_.E2.80.93\_March](http://en.wikipedia.org/wiki/2009_in_film#January_.E2.80.93_March) [http://www.imdb.com/](http://www.imdb.com/) [http://www.denofgeek.com/](http://www.denofgeek.com/) [http://www.njfilmfest.com/](http://www.njfilmfest.com/) [https://www.artscouncilofprinceton.org/default.asp?p=CAL](https://www.artscouncilofprinceton.org/default.asp?p=CAL) [http://en.wikipedia.org/wiki/2009\_in\_film#January\_.E2.80.93\_March](http://en.wikipedia.org/wiki/2009_in_film#January_.E2.80.93_March) [http://www.myfreecams.com/](http://www.myfreecams.com/) [http://www.animenewsnetwork.com/search?cx=016604166282602569737%3Aznd1ysjewre&cof=FORID%3A11&q=Pumpkin+Scissors#1589](http://www.animenewsnetwork.com/search?cx=016604166282602569737%3Aznd1ysjewre&cof=FORID%3A11&q=Pumpkin+Scissors#1589) [http://senorgif.memebase.com/](http://senorgif.memebase.com/) [http://www.ustream.tv/](http://www.ustream.tv/) [http://www.rottentomatoes.com/](http://www.rottentomatoes.com/) [http://www.gifbin.com/](http://www.gifbin.com/) [http://forgifs.com/gallery/](http://forgifs.com/gallery/) [http://science.memebase.com/](http://science.memebase.com/) [http://turntable.fm/](http://turntable.fm/) Miscellaneous [http://www.moviesfoundonline.com/hitlers\_private\_world.php](http://www.moviesfoundonline.com/hitlers_private_world.php) [http://teemings.net/](http://teemings.net/) [http://www.seatguru.com/](http://www.seatguru.com/) [http://eyewitnesstohistory.com/](http://eyewitnesstohistory.com/) [http://www.encyclopediadramatica.com/Main\_Page](http://www.encyclopediadramatica.com/Main_Page) [http://pinterest.com/welcome/](http://pinterest.com/welcome/) [http://www.jigzone.com/](http://www.jigzone.com/) [http://www.scamcannabis.com/](http://www.scamcannabis.com/) [http://www.alphadictionary.com/articles/yankeetest.html](http://www.alphadictionary.com/articles/yankeetest.html) [http://www.kaser.com/sherwin.html](http://www.kaser.com/sherwin.html) [http://www.humorsphere.com/fun/8787/colortest.swf](http://www.humorsphere.com/fun/8787/colortest.swf) [http://www.sportsbookreview.com/Recommended+List/default.aspx](http://www.sportsbookreview.com/Recommended+List/default.aspx) [http://www.vatican.va/various/basiliche/san\_giovanni/vr\_tour/index-en.html](http://www.vatican.va/various/basiliche/san_giovanni/vr_tour/index-en.html) [http://encyclopediadramatica.com/Kerligirl13](http://encyclopediadramatica.com/Kerligirl13) [http://www.edn.com/archives/1997/090197/18col.htm](http://www.edn.com/archives/1997/090197/18col.htm) [http://www.gotoquiz.com/politics/political-spectrum-quiz.html](http://www.gotoquiz.com/politics/political-spectrum-quiz.html) [http://www.brainodysseygame.com/play](http://www.brainodysseygame.com/play) [http://www.astro.com/cgi/hk.cgi?lang=e](http://www.astro.com/cgi/hk.cgi?lang=e) [http://usmmh.webhotel.microsdc.us/](http://usmmh.webhotel.microsdc.us/) Music [http://www.pandora.com/#/song/skip/S287251](http://www.pandora.com/#/song/skip/S287251) [http://www.purelyrics.com/index.php?artist\_detail=223](http://www.purelyrics.com/index.php?artist_detail=223) [http://www.patriciamorrison.co.uk/](http://www.patriciamorrison.co.uk/) [http://www.1019rxp.com/broadcasthistory.aspx](http://www.1019rxp.com/broadcasthistory.aspx) [http://www.thegauntlet.com/](http://www.thegauntlet.com/) [http://www.audiotool.com/](http://www.audiotool.com/) [http://www.gossipyouth.com/us/music/standing-way-control](http://www.gossipyouth.com/us/music/standing-way-control) Social [http://www.contradancelinks.com/schedule\_NJ.html](http://www.contradancelinks.com/schedule_NJ.html) [http://www.dbsanewjersey.org/morristownarea/groupinfo.htm](http://www.dbsanewjersey.org/morristownarea/groupinfo.htm) [http://www.facebook.com/](http://www.facebook.com/) [http://conackamacktm.wetpaint.com/page/Contact+Us](http://conackamacktm.wetpaint.com/page/Contact+Us) [http://www.meetup.com/cities/us/nj/piscataway/groups/?offset=40&radius=5.0](http://www.meetup.com/cities/us/nj/piscataway/groups/?offset=40&radius=5.0) [http://www.meetup.com/Panic-Relief/](http://www.meetup.com/Panic-Relief/) [http://www.naminj.org/affiliates/middlesex.html](http://www.naminj.org/affiliates/middlesex.html) [http://www.naminj.org/affiliates/mercer.html](http://www.naminj.org/affiliates/mercer.html) [http://www.dbsanewjersey.org/princeton/speakers.htm#Gers](http://www.dbsanewjersey.org/princeton/speakers.htm#Gers) [http://www.meetup.com/find/](http://www.meetup.com/find/) Toys [http://www.kanojotoys.com/](http://www.kanojotoys.com/) [http://www.phdcomics.com/comics/archive.php?comicid=1246](http://www.phdcomics.com/comics/archive.php?comicid=1246) [http://www.youporn.com/category/1/amateur/](http://www.youporn.com/category/1/amateur/) [http://www.booksshouldbefree.com/genre/Science\_fiction](http://www.booksshouldbefree.com/genre/Science_fiction) [http://www.wired.com/underwire/2010/12/alt-text-webcomics/?utm\_source=feedburner&utm\_medium=feed&utm\_campaign=Feed%3A+wired%2Findex+(Wired%3A+Index+3+(Top+Stories+2))&utm\_content=Yahoo!+Mail](http://www.wired.com/underwire/2010/12/alt-text-webcomics/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+wired%2Findex+%28Wired%3A+Index+3+%28Top+Stories+2%29%29&utm_content=Yahoo%21+Mail) [http://www.randomjoke.com/topiclist.html](http://www.randomjoke.com/topiclist.html) [http://www.anime-planet.com/anime/arc-the-lad](http://www.anime-planet.com/anime/arc-the-lad) [https://twitter.com/TumblrTXT](https://twitter.com/TumblrTXT) [http://www.aftersabbath.com/](http://www.aftersabbath.com/) -------------------- -------------------- [http://www.allmusic.com/](http://www.allmusic.com/) [http://www.radioparadise.com/rp\_2.php?#](http://www.radioparadise.com/rp_2.php?#) [http://pitchfork.com/best/](http://pitchfork.com/best/) [http://kexp.org/programming/countdowns/topAlbumsof2012.aspx](http://kexp.org/programming/countdowns/topAlbumsof2012.aspx) [http://www.rollingstone.com/music/albumreviews](http://www.rollingstone.com/music/albumreviews) -------------------- -------------------- [http://www.allmusic.com/](http://www.allmusic.com/) -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- -------------------- [http://dubbedanimeon.com/episode/bleach-episode-176-177-english-dubbed/](http://dubbedanimeon.com/episode/bleach-episode-176-177-english-dubbed/) -------------------- [http://www.funimation.com/kaze-no-stigma](http://www.funimation.com/kaze-no-stigma) -------------------- [http://www.funimation.com/xxxholic](http://www.funimation.com/xxxholic)) - retrospective. What he may have been talking about was an [inverted yield curve](http://www.investopedia.com/articles/basics/06/invertedyieldcurve.asp) - although Iâm reluctant to give him that much credit.
---
### Author:  [@China\_Guy](https://boards.straightdope.com/u/China_Guy)
#### Post date: [August 3, 2013, 4:18am UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/95 "2013-08-03T04:18:43Z")
VIX means jack shit. Same as implied volatility or volatility value. It is herd instinct and backed out of the equation, but doesnât actually say anything except what the market average is for volatility. And if you learn anything in the market, is that the market average is wrong.
Peace brother. Go back to coding for $60k a year.
---
### Author:  [@deltasigma](https://boards.straightdope.com/u/deltasigma)
#### Post date: [August 3, 2013, 4:31am UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/96 "2013-08-03T04:31:50Z")
> [@China\_Guy](#):
>
> VIX means jack shit. Same as implied volatility or volatility value. It is herd instinct and backed out of the equation, but doesnât actually say anything except what the market average is for volatility. And if you learn anything in the market, is that the market average is wrong.
>
> Peace brother. Go back to coding for $60k a year.
Learn to read dipshit. That why I said itâs retrospective.
Can you say re-tro-spec-tive asshole?
Now why donât tell me the implications of an inverted yield curve. Iâll wait while you look it up.
---
### Author:  [@China\_Guy](https://boards.straightdope.com/u/China_Guy)
#### Post date: [August 3, 2013, 8:09pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/97 "2013-08-03T20:09:04Z")
Bless your heart. The quote says âretrospectiveâ and everything.
Why the smack talk about an inverted yield curve? We arenât there. Itâs an indicator that short term funding is hard to come by, and by extension that there is a pending economic meltdown. Not always accurate but itâs an indicator.
---
### Author:  [@deltasigma](https://boards.straightdope.com/u/deltasigma)
#### Post date: [August 3, 2013, 8:23pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/98 "2013-08-03T20:23:17Z")
> [@China\_Guy](#):
>
> Bless your heart. The quote says âretrospectiveâ and everything.
>
> Why the smack talk about an inverted yield curve? We arenât there. Itâs an indicator that short term funding is hard to come by, and by extension that there is a pending economic meltdown. Not always accurate but itâs an indicator.
AHAHAHAHAHAHA! đ đ đ đ đ đ
If YOU were ever in finance then I got my degrees from a Cracker Jack box asshole. Assuming you can actually read at the comprehension level required, why donât you take a look at [this](http://www.clevelandfed.org/research/data/yield_curve/) and give it another try short bus.
In fact you only had to go to [a link I previously provided](http://www.investopedia.com/articles/basics/06/invertedyieldcurve.asp) for a clear explanation.
> [@](#):
>
> \*\*What Does an Inverted Yield Curve Suggest?
> \*\*Historically, an inverted yield curve has been viewed as an indicator of a pending economic recession. When short-term interest rates exceed long-term rates, market sentiment suggests that the long-term outlook is poor and that the yields offered by long-term fixed income will continue to fall. More recently, this viewpoint has been called into question, as foreign purchases of securities issued by the U.S. Treasury have created a high and sustained level of demand for products backed by U.S. government debt. When investors are aggressively seeking [debt instruments](http://www.investopedia.com/terms/d/debtinstrument.asp), the debtor can offer lower interest rates. When this occurs, many argue that it is the laws of supply and demand, rather than impending economic doom and gloom, that enable lenders to attract buyers without having to pay higher interest rates.
The issue isnât the cost of short term funding but the long term outlook and the response of people thereto.
GOOOOOOOO SHORT BUS!!! Yeaaaaahhhh!!!
---
### Author:  [@septimus](https://boards.straightdope.com/u/septimus)
#### Post date: [August 3, 2013, 8:35pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/99 "2013-08-03T20:35:24Z")
> [@deltasigma](#):
>
> AHAHAHAHAHAHA! đ đ đ đ đ đ
>
> If YOU were ever in finance then I got my degrees from a Cracker Jack box asshole. Assuming you can actually read at the comprehension level required âŚ
What a fucking obnoxious asshole youâve turned into.
Upthread I pointed to a very specific claim you made in a GQ thread that wasnât merely wrong, but stupidly so. You responded only with more name-calling.
Itâs probably too late for you to salvage any reputation at SDMB, but hereâs a tip for when you give up here and try to pull weight at a stupider message board: _Acknowledge your blunders._ When you instead just name call when blunders are pointed out it makes you look sophomoric. (In fact, I thought you were a sophomore, and was surprised when you claimed to be mature.)
---
### Author:  [@deltasigma](https://boards.straightdope.com/u/deltasigma)
#### Post date: [August 3, 2013, 8:40pm UTC](https://boards.straightdope.com/t/what-are-the-odds-that-congress-manages-to-screw-up-the-us-credit-rating-again/664808/100 "2013-08-03T20:40:52Z")
> [@septimus](#):
>
> What a fucking obnoxious asshole youâve turned into.
>
> Upthread I pointed to a very specific claim you made in a GQ thread that wasnât merely wrong, but stupidly so. You responded only with more name-calling.
>
> Itâs probably too late for you to salvage any reputation at SDMB, but hereâs a tip for when you give up here and try to pull weight at a stupider message board: _Acknowledge your blunders._ When you instead just name call when blunders are pointed out it makes you look sophomoric. (In fact, I thought you were a sophomore, and was surprised when you claimed to be mature.)
Youâre just a tedious ponce at this point and Iâm tired of repeating myself.
edit: It does kind of suck to be you though doesnât it? All of you who said I didnât know shit and was wrong about virtually everything. Yet when challenged to provide real proof with citations, you just keep regurgitating the same bile. You might want to see a doctor about that. Hehehe! đ
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