Isn't standard and poors and the other rating agencies responsible for this financial crisis?

buy not scutinizing bonds and derivitives closely enough.Isn't standard and poors and the other rating agencies responsible for this financial crisis?
No. The US government and entire financial sector is.Isn't standard and poors and the other rating agencies responsible for this financial crisis?
No.

The problem is that the US has over 14.3 trillion dollars in debt. The S%26amp;P merely rates the US ability to return back the money.