These ratings agencies depend on crooks who are protected by public officials like Gov. Walker.

Why hasn't Walker removed Marc Pfeffer from the AK Municipal Bond Bank Authority after emails between Rep. Hawker and Pfeffer that relate to the Anchorage LIO clearly showed that Pfeffer does not have the integrity to be in charge of our public finances? 

As chair of the AMBBA, Deven Mitchell carries out what Pfeffer and his gang @ the AMBBA cook up.
 
'Deven Mitchell, the state's debt manager...who communicates with the ratings agencies before bond sales, said their analysts realize Alaska is spending its readily accessible savings at unsustainable levels.'
http://www.adn.com/alaska-news/article/fitch-warns-alaska-potential-credit-downgrade-if-fiscal-ship-not-righted/2016/02/29/

Pfeffer's questionable collaboration with Hawker to take care of his own interests before the public interests was a red flag to all and he should have been ousted off the board. 

This all stinks to high heaven.