Moody’s Investor Services says Maryland counties could face a downgrade of their bond ratings due the state cuts in education aid and the new maintenance of effort law “limiting the ability of local governments to cut their own spending.”
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
6 comments:
Good work, O'Malley. Not!
good work tax and spend dems. off with their collective heads...
I care? They already have all I can spare and they ran out of things they could give me.
I heard John Palmer issue a warning to Pollitt & Strausburg the other night regarding a possible Moody's downgrade in the Town Hall meeting held at the Civic Center as a result of Maryland's latest budget.
Talk about a chicken coming home to roost - its happening.
This is just the beginning. Next year will be worse. Is there any doubt in anyones mind that this recession is not only still going one - it's getting worse. The number of people "coming off" of unemployment is going up because they have exhausted their benefits. People are not going back to work and the number of out of work self employed who cannot collect unemployment fall into the category of unemployed that isn't counted. These figures are being manipulated and that goes without question. Either party would do it but neither pary can use that as justification. Our government is standing in the way of our economy regaining a footing by continuing the Federal Reserve Bank lie. When the "re-set" button is hit, the FED will likely be one of the first to go. Remember what happened when Rome collapsed? Politicians had nowhere to hide.
dittos 10:57, this nightmare won't be over for a long time. obama must go if we have any hope at all of turning around. it may be too late, but i pray not.
Post a Comment