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Moody's warns 5 states of downgrade

By ^_^ in Current Events and Hot Social Topics

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^_^ Grand Master

^_^   5,021

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Credit analyst Moody’s warned that five states are in danger of losing their top-rated AAA credit ratings, just a week after both Moody’s and Standard and Poor’s issued a similar warning to the feds.

Maryland, New Mexico, Virginia, Tennessee and South Carolina face downgrades because of their heavy reliance on federal revenue, the ratings agency said.

http://www.politico.com/news/stories/0711/59439.html

tmma Experienced

tmma   467

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n/m lol

Edited by tmma

Liefde is een bloem zo teer dat hij knakt bij de minste aanraking en zo sterk dat niets zijn groei in de weg staat

event.png

IK HOU VAN JOU, MARK

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Take a large, almost round, rotating sphere about 8000 miles in diameter, surround it with a murky, viscous atmosphere of gases mixed with water vapor, tilt its axis so it wobbles back and forth with respect to a source of heat and light, freeze it at both ends and roast it in the middle, cover most of its surface with liquid that constantly feeds vapor into the atmosphere as the sphere tosses billions of gallons up and down to the rhythmic pulling of a captive satellite and the sun. Then try to predict the conditions of that atmosphere over a small area within a 5 mile radius for a period of one to five days in advance!

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Mr. Big Dog Grand Master

Mr. Big Dog   10,747

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Credit analyst Moody’s warned that five states are in danger of losing their top-rated AAA credit ratings, just a week after both Moody’s and Standard and Poor’s issued a similar warning to the feds.

Maryland, New Mexico, Virginia, Tennessee and South Carolina face downgrades because of their heavy reliance on federal revenue, the ratings agency said.

http://www.politico.com/news/stories/0711/59439.html

Interesting. Lot of red there...

 

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