Of course they are. The whole system is rotten to the core. Fortunately, the government is sponsoring a nice golf vacation for President Screw Off and his family.
President Screw Off now blaming Congress for his woes.
At least Moody's hasn't downgraded our junk treasuries yet. If they did that, like Standard and Poor's did, the government would launch a retaliatory probe into their ratings- pre crash era.
This country is so corrupt that it is hard to envision the person who can un-corrupt it and install some sense of a rule of law again. What a monumental task that would be. The Moody's story: http://www.businessinsider.com/moodys-analyst-conflicts-corruption-and-greed-2011-8?op=1#ixzz1VV8RAr3C
*Those chicken shits at Moody's saw fit to downgrade Japanese debt on Monday. How courageous. Of course Moody's still has USA debt rated "AAA" lest Obama's minions launch some counter attack and probe into the rating system Moody's was employing prior to 2008.