Oh, this is beautiful. This is absolutely beautiful

First the pathetic of the financial markets are bailed out by Europe, hoard all the cash and now S&P is downgrading France and Austria.

What the hell?

The EURO is losing some value and now nations are going to be forced to pay higher interest rates.

This is outrageous.  Who do they think they are?  Nothing like biting the hand that feeds Wall Street.

...The euro has plunged against the dollar, amid rumours that the credit-ratings agency Standard & Poor's is poised to downgrade several eurozone countries later today, including France.

The euro declined sharply against the dollar, to below $1.27, as the reports swirled around Europe's financial markets.

The move, which was first signalled by S&P before Christmas, could plunge financial markets into fresh turmoil, just as a relatively successful bond auction by Italy this morning had raised hopes that the worst of the sovereign debt crisis was over.

The loss for France of its treasured AAA status would be a blow to the economic credibility of Nicolas Sarkozy, who must stand for re-election later this year.

Reuters quoted a "senior eurozone source" as saying that several countries were about to be downgraded. France's public finances are viewed as vulnerable if Europe has to bail out more eurozone members in the coming months, perhaps including Italy or Spain. Governments have to be given advance warning by ratings agencies of any sovereign rating downgrade....

I swear this is a plot against sovereignty.  This is EXACTLY what they did in the USA.  Exactly the same.  Where is the investigation of the fiscal assault against national security of these nations

In 2008 the USA bailed out the financial sector, now four years later the exact MO is used for huge bailouts AGAIN.  Where in 2016 if not before, Asia?  When is Australia going to be tapped for money?  Then what is the next 'operation' to SCAM monies from national treasuries?

The United Nations has to chime in on this.  This is incredibly incidious to not just national security, but, global security.  What is next, Zillionaires? 

ENOUGH! 

Nations need to leverage taxes against the markets and a good place to start is the tax on transactions !  Nations have to pay down their debt and they need to fashion a manner to do it and expediently within reason.  Citizens are headed into poverty and tax bases are shrinking into the ZERO-ZONE!!!!