Credit rating agencies (inc. Moody's) will be sued now (not in 2013) by the US gov't for rating AAA subprime backed securities. They keep AAA rating on US bonds and the lawsuit will be relatively benevolous.
The AMERICAN CITIZENRY is to blame! They accepted their false "Left - Right" two party paradigm, who has aided and abetted the criminal syndicate federal reserve central banking system and blowout federal spending! The Amercian Citizenry let their trade go bad.....very bad! :eek:
How can anyone really trust the ratings agencies??? Though I fully agree with the theme of this thread, and if the healthcare bill is passed it may be irreparable damage, just thought I'd add that.