How Michael Moore Would Handle the Downgrade

By
Photo: Malcolm Taylor/Getty Images

If Michael Moore had his druthers, President Obama wouldn't just politely disagree with S&P executives who decided to downgrade America's sovereign credit rating — he'd arrest them. "Pres Obama, show some guts & arrest the CEO of Standard & Poors. These criminals brought down the economy in 2008& now they will do it again," Moore tweeted yesterday. Arrest them on charges of ... overzealous credit analysis? Not sure that's going to work. However, the Senate Banking Committee is taking some action of its own:


The Senate Banking Committee has begun collecting information about Standard & Poor's decision to downgrade U.S. debt, an aide said, adding that "all options remain on the table," including whether to hold a hearing.

There you go, Michael Moore. A hearing.

US Senate Banking Committee Gathers Information On Downgrade [WSJ]
Michael Moore to Obama: ‘Show some guts,’ arrest S&P head [Washington Times]