Does anyone find it unusual that 3 national bond rating agencies ALL MENTIONED this issue of switching over city retirees to Medicare as a way to save about $600,000 and maintain a decent city bond rating. Imagine that, all 3 agencies JUST HAPPENED to mention this isuue as a way to save money.
What a crock of bovine fecal matter...who the hell actually wrote/planted that line in the rating agency reports?
Next headline:
"Council Says Financial Houses Mandate Changeover to Medicare for Retirees"
Among the items not mentioned was how the city could save $200,000 if the council handed back their pay raises. Imagine that, not even one bond rating agency mentioned it !
Does anyone find it unusual that 3 national bond rating agencies ALL MENTIONED this issue of switching over city retirees to Medicare as a way to save about $600,000 and maintain a decent city bond rating. Imagine that, all 3 agencies JUST HAPPENED to mention this isuue as a way to save money.
ReplyDeleteWhat a crock of bovine fecal matter...who the hell actually wrote/planted that line in the rating agency reports?
Next headline:
"Council Says Financial Houses Mandate Changeover to Medicare for Retirees"
Among the items not mentioned was how the city could save $200,000 if the council handed back their pay raises. Imagine that, not even one bond rating agency mentioned it !