Jose Manuel Barroso wants the EU commission to put a clamp on credit rating agencies.
Heiner Flassbeck, director of the UN Office for World Trade and Development, wants the agencies "dissolved" or at least banned from rating countries.
What utter idiots. I've got a piece of advice: before you do this, try something less harmful. Like fire all of the Meteorological Office staff when there is bad weather.
I it is really quite scary to see that the commissioners are so removed from reality. The project for federal government for Europe is going to the heads of our political leaders and, increasingly, the civil servants who hold way too much power. When they hear messages they don't like, they start silencing the messengers, when in reality, they should listen, and try to understand, and act according to wisdom.