7-27-16 Alaska’s Creditworthiness Declines Again

Alaska's Governor Bill Walker takes no responsibility for a declining credit rating as he continues to joust at the windmills of socialist acquisition of Alaska's resource wealth deterring industry investment in a low oil price environment.  Brilliant.  -dh Governor Walker’s Statement on Moody’s Downgrade of Alaska’s Rating “Today’s news from Moody’s Investors Services is concerning but, unfortunately, not surprising. Moody’s says, ‘The downgrade recognizes the state’s political inability – at least for now – to address its severe fiscal challenge.’ The agency’s analysts cite our strengths—our available cash reserves and [...]