Anyone notice how the feds and various state Attorney's General are attacking Standard and Poors? Talk about trying to hide gross legislative incompetence. The feds passed the unconstitutional "Sarbanes-Oxley" after Enron (and it wouldn't have stopped the Enron thing). That forced financial institutions to have to go to outside accounting firms rather than doing it in-house. But, amazingly, Sarbanes-Oxley didn't stop corporations like AIG, Bears-Sterns, GM, Chrysler, Fannie and Freddie (created by the feds) and others from having WAY outta balance finances. Now, as Standard and Poors begins reporting on the bad credit ratings of states and the federal gubment, the politicians are ready to attack Standard and Poors, trying to lay blame on that company for the burst of the housing bubble that was created by federal programs and low interest rates by the Federal Reserve. Transparent and desperate.

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