# Standard Poor S on The No Agenda Show

Standard Poor S comes up in 13 chapters across 12 episodes of The No Agenda Show, from May 2008 to October 2025.

- **Chapters:** 13
- **Episodes:** 12
- **Discussed:** May 2008 – October 2025
- **Related topics:** [Moody's](https://search.noagendashow.net/topic/moody-s.md), [Credit Rating](https://search.noagendashow.net/topic/credit-rating.md), [Dodd-frank](https://search.noagendashow.net/topic/dodd-frank.md), [National Debt](https://search.noagendashow.net/topic/national-debt.md), [Sovereign Debt](https://search.noagendashow.net/topic/sovereign-debt.md), [Aig](https://search.noagendashow.net/topic/aig.md), [Bailout](https://search.noagendashow.net/topic/bailout.md), [Belgium](https://search.noagendashow.net/topic/belgium.md), [Bloomberg](https://search.noagendashow.net/topic/bloomberg.md), [Cftc](https://search.noagendashow.net/topic/cftc.md)

## Chapters 1–13 of 13

### France Credit Rating Downgrade and U.S. Debt-to-GDP Ratio

- **Episode:** [1809: Tomahawk Turnaround](https://search.noagendashow.net/episode/1809-tomahawk-turnaround.md)
- **Published:** 2025-10-19
- **Time:** 33:54–38:32
- **Transcript:** https://search.noagendashow.net/episode/1809-tomahawk-turnaround/chapter/france-credit-rating-downgrade-and-u-s-debt-to-gdp-ratio.md

Standard & Poor's downgraded France's credit rating to A+ due to concerns over the country's ability to repair its finances amidst political uncertainty. Prime Minister Sébastien Lecornu faces a fractured parliament as debt is projected to reach 121% of GDP by 2028. In comparison, an AI-assisted check of the United States debt-to-GDP ratio places it at approximately 119%, with a total debt exceeding $36 trillion.

Keywords: [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), [france](https://search.noagendashow.net/topic/france.md), [moody's](https://search.noagendashow.net/topic/moody-s.md), [gdp](https://search.noagendashow.net/topic/gdp.md), [national debt](https://search.noagendashow.net/topic/national-debt.md), sebastien lecornu

### EU Credit Downgrade and Global Financial Instability

- **Episode:** [576: Mysterious Erratic](https://search.noagendashow.net/episode/576-mysterious-erratic.md)
- **Published:** 2013-12-22
- **Time:** 2:49:38–2:55:18
- **Transcript:** https://search.noagendashow.net/episode/576-mysterious-erratic/chapter/eu-credit-downgrade-and-global-financial-instability.md

Standard & Poor's downgraded the European Union's credit rating from AAA to AA+. Simultaneously, the CFTC admitted to a "glitch" that resulted in the underreporting of the swaps market by $55 trillion. These events, combined with falling gold prices and a volatile stock market, suggest a significant financial "reset" may occur in the near future.

Keywords: standard and poor's, [european union](https://search.noagendashow.net/topic/european-union.md), [derivatives](https://search.noagendashow.net/topic/derivatives.md), [cftc](https://search.noagendashow.net/topic/cftc.md), [gold](https://search.noagendashow.net/topic/gold.md)

### Standard & Poor's, Greek Energy, Global Gas Demand

- **Episode:** [426: The Pipeline Report](https://search.noagendashow.net/episode/426-the-pipeline-report.md)
- **Published:** 2012-07-15
- **Time:** 58:21–1:04:46
- **Transcript:** https://search.noagendashow.net/episode/426-the-pipeline-report/chapter/standard-poor-s-greek-energy-global-gas-demand.md

The hosts connect the potential upgrade of Greece's credit rating by Standard & Poor's to the privatization of the Greek energy company DEPA. They argue that the global shift away from nuclear energy after Fukushima has artificially increased the demand and value of natural gas. Israel is reportedly already making deals to ship gas to India, further cementing its role in the new energy order.

Keywords: [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), [greece](https://search.noagendashow.net/topic/greece.md), [depa](https://search.noagendashow.net/topic/depa.md), [goldman sachs](https://search.noagendashow.net/topic/goldman-sachs.md), [fukushima](https://search.noagendashow.net/topic/fukushima.md), [india](https://search.noagendashow.net/topic/india.md), [noble energy](https://search.noagendashow.net/topic/noble-energy.md)

### European Financial Stability Facility, Standard & Poor's Downgrade

- **Episode:** [375: Problematic Woman](https://search.noagendashow.net/episode/375-problematic-woman.md)
- **Published:** 2012-01-19
- **Time:** 19:12–24:17
- **Transcript:** https://search.noagendashow.net/episode/375-problematic-woman/chapter/european-financial-stability-facility-standard-poor-s-downgrade.md

Herman Van Rompuy, referred to as Haiku Herman, addresses the credit rating downgrade of the European Financial Stability Facility (EFSF) by Standard & Poor's. Despite the downgrade, Van Rompuy insists the fund remains solid and backed by irrevocable guarantees from member states. The hosts argue that this effectively forces taxpayers in stable countries like Germany and the Netherlands to bail out failing southern European banks.

Keywords: [herman van rompuy](https://search.noagendashow.net/topic/herman-van-rompuy.md), [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), [efsf](https://search.noagendashow.net/topic/efsf.md), [sovereign debt](https://search.noagendashow.net/topic/sovereign-debt.md), [germany](https://search.noagendashow.net/topic/germany.md), [bailout](https://search.noagendashow.net/topic/bailout.md)

### US Ratings Agencies and European Economic Sabotage

- **Episode:** [345: Hornbag](https://search.noagendashow.net/episode/345-hornbag.md)
- **Published:** 2011-10-06
- **Time:** 56:34–58:37
- **Transcript:** https://search.noagendashow.net/episode/345-hornbag/chapter/us-ratings-agencies-and-european-economic-sabotage.md

A theory is presented suggesting that US-based ratings agencies like Moody's and Standard & Poor's are intentionally downgrading European nations to sabotage the Euro. The recent three-notch downgrade of Italy is cited as evidence. The hosts discuss how these financial maneuvers benefit American interests at the expense of European stability.

Keywords: [moody's](https://search.noagendashow.net/topic/moody-s.md), [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), ratings agencies, [italy](https://search.noagendashow.net/topic/italy.md), [economic warfare](https://search.noagendashow.net/topic/economic-warfare.md)

### Standard & Poor's Resignation, Citigroup, Secret Fed Loans

- **Episode:** [333: Lions Stood Still](https://search.noagendashow.net/episode/333-lions-stood-still.md)
- **Published:** 2011-08-25
- **Time:** 1:13:41–1:16:50
- **Transcript:** https://search.noagendashow.net/episode/333-lions-stood-still/chapter/standard-poor-s-resignation-citigroup-secret-fed-loans.md

Devin Sharma, the president of Standard & Poor's, resigned shortly after the firm downgraded U.S. government debt. He is being replaced by Douglas Peterson, a top executive from Citigroup. This move follows reports that the Federal Reserve provided $1.2 trillion in secret loans to major banks like Citigroup and Bank of America, a story largely ignored by mainstream news.

Keywords: [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), devin sharma, [citigroup](https://search.noagendashow.net/topic/citigroup.md), [federal reserve](https://search.noagendashow.net/topic/federal-reserve.md), [bloomberg](https://search.noagendashow.net/topic/bloomberg.md), secret loans

### DOJ Investigation into Standard & Poor's

- **Episode:** [331: Ricin Beans](https://search.noagendashow.net/episode/331-ricin-beans.md)
- **Published:** 2011-08-18
- **Time:** 1:35:14–1:36:53
- **Transcript:** https://search.noagendashow.net/episode/331-ricin-beans/chapter/doj-investigation-into-standard-poor-s.md

The Justice Department has opened an investigation into Standard & Poor's regarding the rating of mortgage securities prior to the 2008 financial crisis. This move is viewed as a retaliatory action by the Obama administration following S&P's recent downgrade of the United States' credit rating. The conflict highlights the tension between the government and ratings agencies under the new Dodd-Frank regulations.

Keywords: [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), [department of justice](https://search.noagendashow.net/topic/department-of-justice.md), [credit rating](https://search.noagendashow.net/topic/credit-rating.md), [dodd-frank](https://search.noagendashow.net/topic/dodd-frank.md), mortgage securities

### U.S. Debt Ceiling, Standard & Poor's Credit Rating Downgrade

- **Episode:** [328: Pounding the Pavement](https://search.noagendashow.net/episode/328-pounding-the-pavement.md)
- **Published:** 2011-08-07
- **Time:** 1:44–5:09
- **Transcript:** https://search.noagendashow.net/episode/328-pounding-the-pavement/chapter/u-s-debt-ceiling-standard-poor-s-credit-rating-downgrade.md

The United States credit rating was downgraded by Standard & Poor's following the raising of the debt ceiling. Treasury Secretary Timothy Geithner previously dismissed the risk of losing the AAA rating, calling it unassailable. Former economic advisor Christina Romer is criticized for her academic background and recent media appearances regarding the stimulus.

Keywords: [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), aaa credit rating, [timothy geithner](https://search.noagendashow.net/topic/timothy-geithner.md), [debt ceiling](https://search.noagendashow.net/topic/debt-ceiling.md), [christina romer](https://search.noagendashow.net/topic/christina-romer.md), [treasury department](https://search.noagendashow.net/topic/treasury-department.md)

### Dodd-Frank Act, Ratings Agency Regulation Conflict

- **Episode:** [328: Pounding the Pavement](https://search.noagendashow.net/episode/328-pounding-the-pavement.md)
- **Published:** 2011-08-07
- **Time:** 8:07–11:35
- **Transcript:** https://search.noagendashow.net/episode/328-pounding-the-pavement/chapter/dodd-frank-act-ratings-agency-regulation-conflict.md

Standard & Poor's president Devin Sharma reportedly authored an op-ed criticizing government regulation of ratings agencies. The Dodd-Frank Act contains provisions that would allow the government to regulate and test employees of these agencies. Ratings firms like Moody's and Fitch are reportedly resistant to these new federal oversight requirements.

Keywords: [dodd-frank act](https://search.noagendashow.net/topic/dodd-frank-act.md), devin sharma, [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), [mcgraw-hill](https://search.noagendashow.net/topic/mcgraw-hill.md), [moody's](https://search.noagendashow.net/topic/moody-s.md), [fitch ratings](https://search.noagendashow.net/topic/fitch-ratings.md)

### Dennis Kucinich Criticizes Standard & Poor's Rating Agency

- **Episode:** [326: Carbon Cops](https://search.noagendashow.net/episode/326-carbon-cops.md)
- **Published:** 2011-07-31
- **Time:** 43:08–44:57
- **Transcript:** https://search.noagendashow.net/episode/326-carbon-cops/chapter/dennis-kucinich-criticizes-standard-poor-s-rating-agency.md

Representative Dennis Kucinich argues that credit rating agencies like Standard & Poor's should face civil fraud charges for their role in the 2008 financial crisis. He suggests that the threat to downgrade U.S. debt is a retaliatory move against the Dodd-Frank Act. Moody's also indicates that current congressional debt plans may not be sufficient to maintain a AAA rating.

Keywords: [dennis kucinich](https://search.noagendashow.net/topic/dennis-kucinich.md), [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), [moody's](https://search.noagendashow.net/topic/moody-s.md), [credit rating](https://search.noagendashow.net/topic/credit-rating.md), [dodd-frank](https://search.noagendashow.net/topic/dodd-frank.md), [interest rates](https://search.noagendashow.net/topic/interest-rates.md)

### Standard & Poor's, US Debt Rating Outlook

- **Episode:** [297: Obama's Clutch Car](https://search.noagendashow.net/episode/297-obama-s-clutch-car.md)
- **Published:** 2011-04-21
- **Time:** 17:14–20:27
- **Transcript:** https://search.noagendashow.net/episode/297-obama-s-clutch-car/chapter/standard-poor-s-us-debt-rating-outlook.md

Standard & Poor's revised the United States' credit outlook to "negative," signaling a potential future downgrade of its AAA rating. The discussion explores the concept of the nation as a corporation and the valuation of human life as collateral for Treasury bills. Government estimates reportedly value a single human resource at approximately $9.1 million from birth.

Keywords: [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), aaa rating, [national debt](https://search.noagendashow.net/topic/national-debt.md), outlook negative, human resource valuation

### Belgium Government Stalemate, IMF Debt Warning

- **Episode:** [294: Choking the Puffin](https://search.noagendashow.net/episode/294-choking-the-puffin.md)
- **Published:** 2011-04-10
- **Time:** 1:34:22–1:37:48
- **Transcript:** https://search.noagendashow.net/episode/294-choking-the-puffin/chapter/belgium-government-stalemate-imf-debt-warning.md

Belgium sets a Guinness World Record for the longest period without a functioning government. The International Monetary Fund (IMF) warns that the 10-month stalemate threatens the economy, as the country faces a sovereign debt ratio of 94% of its GDP and potential downgrades from ratings agencies.

Keywords: [belgium](https://search.noagendashow.net/topic/belgium.md), [imf](https://search.noagendashow.net/topic/imf.md), [sovereign debt](https://search.noagendashow.net/topic/sovereign-debt.md), [guinness world record](https://search.noagendashow.net/topic/guinness-world-record.md), standards and poor's

### AIG Credit Rating and Financial Watchdog Failures

- **Episode:** [30: Authoritarianism](https://search.noagendashow.net/episode/30-authoritarianism.md)
- **Published:** 2008-05-10
- **Time:** 31:02–32:29
- **Transcript:** https://search.noagendashow.net/episode/30-authoritarianism/chapter/aig-credit-rating-and-financial-watchdog-failures.md

The failure of credit rating agencies is highlighted by Standard & Poor's delayed downgrade of AIG following an $8 billion loss. The relationship between investment firms and analysts is described as a "bogus scam" where high ratings were often exchanged for underwriting business during the dot-com era.

Keywords: [aig](https://search.noagendashow.net/topic/aig.md), [standard & poor's](https://search.noagendashow.net/topic/standard-poor-s.md), [credit rating](https://search.noagendashow.net/topic/credit-rating.md), [financial crisis](https://search.noagendashow.net/topic/financial-crisis.md), [insurance](https://search.noagendashow.net/topic/insurance.md), analysts

---

This is the markdown version of a page on The No Agenda Show for AI agents. Every public page on this site has one: add `.md` to its URL, or request it with `Accept: text/markdown`.

- [Site index for agents (llms.txt)](https://search.noagendashow.net/llms.txt)
- [Home](https://search.noagendashow.net/index.md)
- [Search transcripts](https://search.noagendashow.net/search.md)
- [All episodes](https://search.noagendashow.net/episodes.md)
- [Topics](https://search.noagendashow.net/topics.md)
- [People](https://search.noagendashow.net/people.md)
