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Harry Mary Andruschak
Jul 6, 2009, 9:46:04 PM7/6/09
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For my USA readers: Do you (yes, YOU) know what your state's bond
rating is? Here in California, we have just received word that Fitch
Rating's has lowered California's long term bonds to BBB. Not quite
junk status yet, but getting close.
rating is? Here in California, we have just received word that Fitch
Rating's has lowered California's long term bonds to BBB. Not quite
junk status yet, but getting close.
Keith F. Lynch
Jul 6, 2009, 10:07:02 PM7/6/09
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Harry Mary Andruschak <adopts...@aol.com> wrote:
> For my USA readers: Do you (yes, YOU) know what your state's bond
> rating is?
> For my USA readers: Do you (yes, YOU) know what your state's bond
> rating is?
No. I could look it up, but why bother? I can't change it. And I'm
not going to invest in state bonds, i.e. coercion futures, no matter
how good the rating or the return on investment.
--
Keith F. Lynch - http://keithlynch.net/
Please see http://keithlynch.net/email.html before emailing me.
rksh...@rosettacondot.com
Jul 7, 2009, 4:38:20 PM7/7/09
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Harry Mary Andruschak <adopts...@aol.com> wrote:
Had never thought about it at that level, so I checked...
Texas is AA+ from Fitch and so is my local county.
Our school district is A1 from Moody's. I think they mentioned receiving
an upgrade recently, which gave a slightly more favorable rate and helped
with our property tax rates.
Robert
--
Robert K. Shull Email: rkshull at rosettacon dot com
Cryptoengineer
Jul 7, 2009, 6:19:17 PM7/7/09
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On Jul 7, 4:38 pm, rkshul...@rosettacondot.com wrote:
> Harry Mary Andruschak <adoptsoldc...@aol.com> wrote:
>
> > For my USA readers: Do you (yes, YOU) know what your state's bond
> > rating is? Here in California, we have just received word that Fitch
> > Rating's has lowered California's long term bonds to BBB. Not quite
> > junk status yet, but getting close.
>
> Had never thought about it at that level, so I checked...
> Texas is AA+ from Fitch and so is my local county.
> Our school district is A1 from Moody's. I think they mentioned receiving
> an upgrade recently, which gave a slightly more favorable rate and helped
> with our property tax rates.
> Harry Mary Andruschak <adoptsoldc...@aol.com> wrote:
>
> > For my USA readers: Do you (yes, YOU) know what your state's bond
> > rating is? Here in California, we have just received word that Fitch
> > Rating's has lowered California's long term bonds to BBB. Not quite
> > junk status yet, but getting close.
>
> Had never thought about it at that level, so I checked...
> Texas is AA+ from Fitch and so is my local county.
> Our school district is A1 from Moody's. I think they mentioned receiving
> an upgrade recently, which gave a slightly more favorable rate and helped
> with our property tax rates.
Here in Taxachuesetts, we're at AA from Fitch.
pt
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