there's actually a lot that i agree with that was just said i think i would parse out who gave the badgeman who created this system you know i certainly start from the premise that if the government starts paying the goodies people are going to lobby for those goodies and they're going to exploit those goodies so who's really the blame here the addict or the dealer and of course i look at it that the s.t.c. started in again you can actually do in the thirty's the o.c.c. started implementing provisions on bank control in terms of what assets they could hold with the rating agencies so again the regulators have been bedded rating so into the system i do think we need to get to a world war financial markets are far less dependent on rating agencies and that means we need to add in my opinion the n r s r o system we need to make these ratings stand for themselves and of course there are several regencies and even jones as well an agency that still uses a subscriber model and oddly enough even judges been more aggressive than the other agencies in terms of downgrading sovereign debt and of cours