I’m waiting for the California apologists to tell me again how Texas is too flat and too hot to bother with.
The article doesn’t mention which five states would receive the downgrades. I am curious to know which states those are.
“Last week, Moody’s similarly placed the Aaa ratings of Maryland, New Mexico, South Carolina, Tennessee and Virginia under review for possible downgrade, “
http://online.wsj.com/article/BT-CO-20110728-722929.html
Michigan and Illinois should be downgraded to junk status. lol
lol, Only folks that’ve never been to Texas says that. They’ve never seen my hill country similar to the Ozarks, nor have they seen the front ranges in West Texas. Sure, there’s a lot of flat, but it’s the 2nd largest land mass.
Yes, wonder which those five states are?
I think it’s probably a safe bet to include California and New York (and Michigan). All of the “liberal utopias” will be downgraded, no doubt.