Is America on the Verge of Another Credit Crisis?

"The Credit Crisis of 2008 became visible with the bankruptcy filing of Lehman Brothers, but the mentality of crony companies being able to take outrageous risk with the confidence their friends in government will bail them out is a sad story that has been repeated for centuries. The problem is that eventually too much risk is taken and the taxpayers end up suffering extreme pain. Hopefully America will listen to Moody's and make meaningful changes before having to suffer meaningful pain."