“Great Moments in Public Relations” — Indeed!

Daniel Drezner of Foreign Policy Magazine (http://drezner.foreignpolicy.com/posts/2011/08/09/todays_great_moment_in_public_relations_history) exposes the kind of PR “expertise” coming out of S&P, one of the “rating agency’s” that gave us the last financial bust, and seem to be doing so again now. Of course, the U.S. Congress, which has taken their heart-felt principles, and used them so recently to shoot a hole in every American’s pocket-book and retirement plan, are now all on vacation, perhaps wondering what to do with themselves when they return to the private sector after the next election.