a democracy. e you can t be because in a a democracy, the government has a moral and legal obligation to tell you the truth. always, period.n and that makes sense because in a democracy, you are not a subject or a mere consumer. you reen. a citizen. of you are a shareholder in who the system. you were an owner of it.nt are y the people who run your government are your employees. likethey re like your cleaningod lady. you may appreciate the work they do. good jobe minute you. cuf but the minute you catch them stealing your cufflinks, you fired them. those are the rules because bu those are the rules because t whatbut what if the rules were inverted? what if you caught an employee stealing? but instead of seemingseem asha and penington, he whipped around and attacked you like you were the criminahel? f well, that is the experience of watching white house spokesman john kirby talk about the destruction of the nord stream pipelines. anyondestructorth stre who ie who thinks
Every time a rating agency fails, its issuer-pays business model is called into question. But the analytical depth and quality of ratings have little to do with the drivers of revenue: it is about the integrity of leadership and corporate culture
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