Michael Capuano actually said...

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

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

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...

I absolutely agree that there is a role for them in the free market world.