[ForGod'sSake]

But this will effect all who goes for a Bond offering and need a rating and now the ratings agencies do not want the liability.

If Frank'nDodd's result was to create confusion and angst within the bond rating agencies, it's obvious the agencies will need additional "guidance". From the federales of course -- via additional regulation or legislation. Whatever these red bastards do is designed to create dependence on the feral government. First, create a problem; then offer a government solution -- to fix the government created problem. Round and round we go! Good work if you can get it.

[ExTxMarine]

“First, create a problem; then offer a government solution — to fix the government created problem.”

I believe President Reagan said, “Government does not solve problems; Government subsidies them!”