[Robert357]

Note: I removed the "fluff from the article" as I thought I would be required to have just an exerpt. Read the full article or the shortened version I have posted.

Davis folks should be hopping mad that someone dares to print the truth. Especially when it is not a pretty story.

Let's hear it for the Business Page!

[John Jorsett]

I'm not sure that it will sink in to the average reader just how significant this is. It would probably be clearer if the article could have said "the state will have to pay X% which is Y% much more than it would have had to pay if its bond ratings weren't in the toilet." Unfortunately, that wasn't possible since they don't yet know the ultimate interest rate.

Anyway, the using of this money to pay off earlier debts and new costs strikes me as akin to getting a new credit card and using it to pay off the last one while running up even higher charges.

[Ernest_at_the_Beach]

Terriffic effort Robert!!

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