Michael Capuano actually said...

If that's the case, I have a proposal, at least when it comes to municipal bonds, to simply require agencies to base their opinion on the ab...

Where's the problem if that's all we're asking? Simply base your credit rating on that.

I don't understand why I have to accept the fact that issuer-paid business will continue to go on forever.

I can't believe any of you really believe that credit rating agencies' judgments, right now, is trusted by anybody in their right mind.