This may just be the start of the boycott wait til schools and collegs drop their business.
Los Angeles and several counties no longer use S&Phttp://www.wtffinance.com/2011/08/los-angeles-downgrade-by-sp/
Well there's a shocker. The most liberal town in America in a state with the largest deficits in America won't use a ratings agency that tells the truth? WOW ... SHOCKER!
Not a big Friedman fan but I cannot argue with a thing you've written. Stand in Washington with your blame finger extended and spin in circles and you will be right every second of the day.