Thursday, July 07, 2011

You next

Before we all join the chorus of abuse against the robber agencies, says Ambrose, let us not lose sight of what is happening in the eurozone.

The EU authorities are attempting to muzzle free opinion, first by threatening Fitch, Moody’s, and S&P with vague retribution, and then by drafting restrictive laws to prevent them from publishing unwelcome messages.

It is financial repression, pure and simple. The same will be done to the press in due course. Then to you, dear reader.