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POLICE SAY A baby boy who was kidnapped from an upscale shopping centre in suburban Philadelphia has been found safe, and a suspect is in custody.
Upper Merion Township police say seven-week-old Ahsir Simmons was found safe Thursday night, about five hours after he was abducted from the King of Prussia Mall.
Police say a woman befriended the boy’s family, and they sat down together in the food court. When the baby became fussy, police say the woman asked if she could hold him.
The mother allowed her to do so while she took a phone call and dealt with other children in her care. The woman then walked away with the baby.
Authorities received tips that led them to nearby Tredyffrin Township, where the woman and child were found.
That’s what entering the Euro did. It worsened our ability to print money and as a result, we are risky. However, we know S&P is an incompetent rating agency by their failure to predict the global financial crisis. The same rating agencies that gave Lehman a triple AAA on the day they went bankrupt.
ratings agencies are filth.
look what this and other countries have gone through to make themselves more competitive and lower their public expenditure. it suits them for us to have low rating as their clients will receive a higher return on their investment.
Always bad news never good news
These rating agencies are a big part of the problem.
any chance of a carrot instead of beating us with a stick!
that’s an owl Ben Franklin quote that.
and its right Germany being the wolves and fine gael being the lamb
The ultimate achievement for a country swamped in debt – borrow even more (virtual) money (return to the markets).
Politicians will not never stop spending.
Democracy is the bankers best friend.
Banker: I will give 5 more years of political success (hyperinflated wages, pensions, social welfare) in exchange for your national electricity company
All politicians: sold!
There is an unspoken but implicit part of the S&P statement – we won’t raise your ratings unless it’s in our financial interest to do so. Ratings agencies, in general, are biased and get it wrong more often than right, If they get it wrong you can be assured that they are benefiting from their “error”.
Can someone explain the background to the bias of ratings agencies suggested in a few of the comments above?
Where do they get their revenue? I thought it was primarily from the entities that they rate.
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