(CNSNews.com) – Rep. Dennis Kucinich has called on the U.S. Justice Department to investigate the credit rating agencies.
“We are not a poor country. We’re the richest country in the world and to tempt the markets to further manipulate us – these, these ratings agencies, there ought to be a Justice Department investigation of them,” said Kucinich at a press conference with the Congressional Out of Poverty Caucus on Wednesday.
The three major credit rating agencies are Standard & Poor's, Moody's and Fitch. The U.S. could lose its AAA rating if Congress does not increase the nation’s $14.29 trillion debt limit. (for emphasis: The other caviat was cutting spending by at the least 4 trillion dollars and Obama refused to do it, so raising the debt limit will not stop us from being downgraded...................can we all say thank you comrade Obummer.)
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