I caught that posting earlier. Pretty stunning, no wonder there is a 5 year delay in posting FOMC minutes...if the rest of the world knew this outfit spends so much time with their heads up their butts, the markets would be reacting a lot quicker. As it is the markets can read between the lines as well as we can so there isn't as big a lag as one might think, but really...saying we need overhaul every aspect of our fiscal and monetary system is beyond obvious.
But, these idiots put themselves in this corner, they'll be left to die in it as well.
Any word from the ratings agencies yet?