After all, if the ratings agencies had done their jobs a few years ago, we wouldn't be in a lot of this mess.
Agreed. I wonder if the agencies may be doing a little grandstading, in an attempt to make it seem like they know what they're doing. (Though, considering the dysfunctionality of Congress during the debt ceiling fiasco, the downgrade may not be totally inappropriate.)
Real Users are afraid they'll break the machine -- but they're never afraid to break your face.