This is about shock doctrine politics as you say: disciplining states to impose austerity on labor (ultimate effect of cutting wages) and to serve the interests of private capital in every way (subsidize corporations, privatize profit and socialize debt and loss). And privatizing everything public to create new (albeit cannabilistic and temporary) profit centers for a capitalism in perpetual crisis.

Again, the ratings agencies are at the center of the great financial fraud. They should have been shut down and the TBTF zombie banks liquidated three years ago. At this point, they're just a blind Godzilla, bigger than ever, destroying everything in its path.