The markets are down, the financial sector is a shambles, and yet even facing an economic downturn and declining revenue projections, Washington state government bonds continue to enjoy one of the highest credit ratings in the nation, earning an AA+ score from Standard & Poors and an AA rating from Fitch. Meanwhile, King County announced today that both Standard & Poors and Fitch have renewed its coveted AAA rating, the highest score possible.
What that means for taxpayers is that it costs our government less to borrow money, at least a quarter point for every ratings step. And if you read the reports issued by these credit rating agencies, our high ratings are largely due to the sound financial management of the governor and the executive.
Dino Rossi says he wants to change the culture of Olympia. The question is, to what?
Dino Rossi says he wants to change the culture of Olympia. The question is, to what?
To corruption and thieving to the selfish benefit of the Republican masters.
Dino Rossi is a Republican hooligan, that is, a disruptive Manchester soccer fan.
Ratings agencies don’t have a lot of credibility these days. Faithfully accept what they say at your peril. Do your own analysis before buying any security.
The BIAW has bought Rossi. It has nothing to do with home builders. It has everything to do with the multi-million dollar L&I gravy train. Fuck those fascists. It’s past time to pull the plug on those bitches.
Actually, “Sound Financial Management” means not using credit at all. Just ask your grandparents, assuming you didn’t slip the doctor 50 bucks to kill them and call it ‘death with dignity’
Yays, us!
re 5: How right you are! Next time you hire a contractor, get the cheapest one you can find, and pay him cash up-front.
@7 He can get one of those BIAW contractors who don’t guarantee their work.
@2
If you have proof that Rossi supports Man U then he truly is hopeless.
ARSENAL!
@2,9
That’s classic. Thanks for that.
It’s evident that Rossi yearns for those good old days. Like the deep south just before the Civil War, for example. Yez, Mastuh? What you be needin’?
Goldy—
Your link is to Gregoire’s own staff’s spin on the rating…what a KLOWN!
These ratings are NOT based on current conditions. They are dated.
They are impacted positively by HIGH TAXES!!
What an honor.
They will stay at this level if and only if GREGOIRE RAISES TAXES!
You are soooooooooo desperate Goldy…you putz!