More con men turn on each other: Moody's credit rating service under fire.

A disgruntled ex-analyst has gone public with his condemnation of Moody's credit rating services.  Oh Gee.  Really??  The government-anointed credit ratings fixers are con men and liars?  Say not so!!  The blood letting is just getting started.  The criminals are going to turn on each other because that's part and parcel of the end game of the con.  Just like other aspects of organized crime, soldiers in the great credit con will spill their guts for any number of reasons:

• in order to take down the competition
• to get even for having been cut out of the con
• to avoid jail time that they suspect might be coming as the people wake up and realize they have been conned
• to avoid mobs of angry people breaking down their doors and dragging them out into the street for a necktie party.
• To cash in on notoriety from TV appearances and book deals, etc.  

Everyone who squeals is (or was) himself a con man and the only reason they know anything worth squealing about is because they were solders in the con before things went south on them.

The people are still just waking up as to just how corrupt and rotten the whole fiat money, fractionally reserved banking based system has become.  They are really going to be pissed when they finally understand the real end game.  You know, that's where a significant chunk of their savings tied up in government accounts (IRAs, 401k, insurance annuities, pensions, etc.) will get stolen some way, some how by government.  I'm not guessing this will happen, I know it will.  How can I be so sure (and have been writing it and saying it for at least 4-5 years now)?  Simple.  Someone has to pay for this mess. 

Just printing up money does not generate the value that is actually needed to pay debts.  But the money in retirement savings was earned through work and thus it can pay debts.  Besides, if I were a moral-free SOB knowing what I know about how money really works then that is exactly what I would do.  So the government and the bankers and the lawyers and the corrupt courts will certainly come up with mechanisms for stealing it along with explanations as to why it is fair.  If you have any way to pull your money from their possession, do it.  Pay the 10% penalty and lay hands on your 401k retirement if you can.  You will sleep better at night knowing that it is out of reach of the con men.