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Put another way, who stands to gain the most from the downgrades and increased market instability caused by the S&P downgrades?
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The Republicans will gain from the downgrade as big business will be charging more for loans, etc.
You see a Republican leaning S&P has the power to lie and say things are AAA, when they are not, to push through junk bonds, like they did. Then they can say the U.S. is not AAA to drive the price of lending up and/or flex their muscle and show the Republican influence over the economy. Pretty powerful position to be in. Kind of like the Republican based Better Business Bureau , controlling the ratings of small business, and output of small business loans.