MOODY'S BLUES (with apologies to the band!)
In yesterday’s press
release, Stevie Thunder screamed the following:
8/26/2014 - 08-26-14 Moody’s
Investors Service Again Downgrades Orange County
Neuhaus calls for balanced budget as bond-rating
agency assigns negative outlook
“Moody’s Investors
Service today downgraded Orange County’s bond rating to Aa3 and assigned the
county a negative financial outlook. This is the second time Moody’s has
downgraded the county’s bond rating in less than six months.”…
Steve, it doesn’t
help that, as you run around caterwauling about Valley View, you don’t really have
a plan. (Do we all realize now that selling Valley View would be a one-time shot
in the arm to the county budget and not a year after year revenue stream?)
Maybe your significant lack of leadership is also contributing to this
decrease.
And it is interesting to note that this decrease in rating occurred
just AFTER you met with the Moody’s people.
What the heck did you say?
So, Dear Nieces and Nephews, what do you think is our
County Executive’s leadership style?