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Hornswaggle is an alternate spelling of hornswoggle, an archaic word that means to bamboozle or hoodwink. I take my pronunciation from the late Harvey Korman in "Blazing Saddles" -- "I want rustlers, cutthroats, murderers, bounty hunters, desperados, mugs, pugs, thugs, nitwits, halfwits, dimwits, vipers, snipers, conmen, Indian agents, Mexican bandits, muggers, buggerers, bushwhackers, hornswagglers, horse thieves, bull dykes, train robbers, bank robbers, ass kickers, shit kickers and Methodists!" |
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Thursday, August 04, 2011Phew!Such a relief that Moody's didn't downgrade its credit rating for the United States in the wake of the debt-ceiling debate. Why does anyone care what these credit rating agencies think at this point? They had all Lehman and all the other investment banks and institutions that were poised for collapse in 2008 rated at the highest levels. They're either corrupt or incompetent. The notion that they can wag their finger at the U.S. government is a joke. UPDATE: As if on cue, Standard & Poor's downgraded the U.S. government. Ezra Klein has a persuasive take: S&P is a flawed institution, but its decision here makes sense. SECOND UPDATE: Krugman has a more persuasive take. .: posted by hornswaggler 8:28 PM| |
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