8-18-15 Outrageous Decisions

Governor Bill Walker's Outrageous Decisions by Dave Harbour RATING AGENCY WARNS ALASKA: A VERY SIGNIFICANT AND VERY BAD OMEN. THIS ACTION WILL AFFECT THE COST OF MONEY AND, THUS, INCREASE ALASKA'S DEFICIT.  WARNING OF A RATING DOWNGRADE PORTENDS MORE BAD NEWS TO COME ABSENT A SIGNIFICANT TURNAROUND IN STATE POLICY.  -DH STORY BY ANDREW JENSEN, JOURNAL OF COMMERCE Standard and Poor’s Ratings Services lowered the outlook on the State of Alaska’s credit rating from “stable” to “negative” on Aug. 18, and gave politicians one year to reorganize the fiscal house before the [...]