... has his state downgraded to AA- from AA. This is three days old, but didn't see it posted. http://newyork.cbslocal.com/2011/08...-downgrade-in-line-with-moody-sp-rating-cuts/ Good thing this guy isn't running for President. I do think I remember this guy criticizing Obama during the Federal Gov't's debt fiasco. Kinda funny.
A post about New Jersey reminds me of a joke I once heard. Seems this young couple were going at it hammer & tongs in the back seat of his car. She moans, "Oh darling, kiss where it smells!" So he drove her to New Jersey.
So if I read this correctly, Moody's liked what he has been doing [The downgrade came as no surprise to Gov. Chris Christie, but says it would’ve been different had Fitch not mentioned how the state cut spending and reformed pension and health benefits. “They gave us credit for the pension and benefit reform that we passed this year,” said Christie. “Imagine if we hadn’t passed that pension and benefit reform, what that report would have looked like.”] and seemed to place the blame on Obamanomics and union retirement plans [Moody’s cut the state’s bond rating one notch in April, citing the slow economic recovery and mounting employee retirement costs.]. Well, that makes sense. Seems like Christie has things moving in the right direction.
