BREAKING 8/5 1931 ET: S&P intimidated by .GOV..OOOPS! You made a mistake and best shut up!

By John Galt
August 5, 2011 19:31 ET

Breaking as I’m on the air….

per CNBS: S&P advised that they made “trillions of dollars in miscalculations” by the U.S. Government with their GDP calculations and the error must be on their part. Hence S&P has said they may revise or drop the case from a downgrade.

Per CNBS:

S&P Calculations in Possible US Downgrade Were Off by ‘Trillions’: Source (Story developing)

Finally a wire story:

Aug. 5, 2011, 8:03 p.m. EDT from Marketwatch.com:

S&P said to back away from U.S. downgrade

AND I SNAPPED THEIR WEBPAGE BEFORE THEY COULD ERASE THEIR PROPAGANDA:

(Click to enlarge photo)

cnbc_oops_0805_shot1

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