That's a very good question. In my view, it's simply incompetent, populist, law ... | Hacker News

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		fauigerzigerk on Aug 7, 2011 \| parent \| context \| favorite \| on: Just the Facts: S&P's $2 Trillion Mistake That's a very good question. In my view, it's simply incompetent, populist, law making. How can it be that a country can even have such a rule on the statute books without getting downgraded on the spot?

mkr-hn on Aug 7, 2011 [–]

Because it's been raised with minimal problems for the law's near century of existence.

fauigerzigerk on Aug 7, 2011 | [–]

Good point. I didn't know the rule was that old.

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