Tuesday, February 3, 2009

California's Credit Rating Cut To The Lowest Of All Fifty States

More bad news.

Raise your hand if you are surprised...

I'm not. Although I do remember a time when our state's credit rating was wonderful...so wonderful that we were urged to fund things by passing bonds instead of raising taxes/making cuts in other budget items...to take advantage of that credit rating.

Guess that process went a little too far?

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