credit rating

New Jersey Credit Rating Downgraded for 2nd Time This Week, Record 8th Time on Christie's Watch

New Jersey Credit Rating Downgraded for 2nd Time This Week, Record 8th Time on Christie's Watch
Five days ago, Christie hit the kind of record that does not presidents make. Washington Post had it: New Jersey's credit rating has been downgraded more under Chris Christie than any other governor. And that was just the seventh time. Wall Street hit New Jersey again yesterday, as both Fitch and Standard & Poor's cited the same kind of issues for their lack of confidence in the state's direction under Christie. Not exactly the kind of record you want to build on.
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NJ's Credit Downgraded Again, Gov Christie Uses Non-Truths to Blame Every One Else

NJ's Credit Downgraded Again, Gov Christie Uses Non-Truths to Blame Every One Else
Last week, New Jersey Gov. Chris Christie became the second governor in the country's history to preside over six downgrades of the state's credit rating. Naturally, Christie blamed the pensions and that none of the other governors had to pay into the contractual obligation. This is, of course, not true. You are, of course, not surprised.
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Stand Up, Shutdown: Congressional Republicans Violate Oath of Office

Stand Up, Shutdown: Congressional Republicans Violate Oath of Office
Before taking office, each member of Congress swears a simple, straightforward oath. It leaves little room for misinterpretation. They vow to support and defend the Constitution of the United States and to “faithfully discharge the duties of the office.” They’re not just failing to perform their jobs, they’re doing the opposite of what they swore to do.
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Leo W. Gerard
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