The Briefing Room

General Category => Economy/Business => Topic started by: ABX on September 28, 2013, 03:18:51 am

Title: S&P Raises Texas to Highest AAA Credit Rating
Post by: ABX on September 28, 2013, 03:18:51 am: Quote
Gov. Rick Perry today released the following statement in response to Standard & Poor's upgrading Texas' credit rating:

"S&P's decision to raise Texas' credit rating to AAA is no accident, but further proof that the Texas model of conservative fiscal discipline is a key element of our strong economy, and a stark contrast to the out-of-control spending and rising debt ceilings of Washington, D.C. In Texas, we adhere to the powerful combination of keeping taxes low and government spending in check, ensuring Texas remains the best place in the country to live, work, raise a family and build a business."

http://governor.state.tx.us/news/press-release/18916/
Title: Re: S&P Raises Texas to Highest AAA Credit Rating
Post by: Atomic Cow on September 28, 2013, 03:24:20 am: Clearly another reason why we must elect Abortion Barbie. We just cannot have Texas doing do well.

I best this will not get any coverage whatsoever in the Texas media.
Title: Re: S&P Raises Texas to Highest AAA Credit Rating
Post by: Rapunzel on September 28, 2013, 03:52:10 am: You know the good as well as the sad thing is the GOP governors are all doing a good job and Obama is taking the credit.
Title: Re: S&P Raises Texas to Highest AAA Credit Rating
Post by: Atomic Cow on September 28, 2013, 04:04:54 am: Quote from: Rapunzel on September 28, 2013, 03:52:10 am
You know the good as well as the sad thing is the GOP governors are all doing a good job and Obama is taking the credit.

Thankfully most people in those states know the truth save perhaps Ohio and Michigan.
Title: Re: S&P Raises Texas to Highest AAA Credit Rating
Post by: Oceander on October 02, 2013, 11:31:19 pm: Texas now has a better credit rating than the US itself does. Perhaps Texas will become the lender of last resort to the federal government, now that it can borrow from foreigners more cheaply than the federal government can.
Title: Re: S&P Raises Texas to Highest AAA Credit Rating
Post by: SouthTexas on October 13, 2013, 04:05:13 pm: Quote from: Oceander on October 02, 2013, 11:31:19 pm
Texas now has a better credit rating than the US itself does. Perhaps Texas will become the lender of last resort to the federal government, now that it can borrow from foreigners more cheaply than the federal government can.

We will require some type of collateral...
Title: Re: S&P Raises Texas to Highest AAA Credit Rating
Post by: ABX on October 13, 2013, 06:44:02 pm: Quote from: SouthTexas on October 13, 2013, 04:05:13 pm
We will require some type of collateral...

Maybe they can offer is Oklahoma and Louisiana as collateral? Oklahoma has always been like a little brother to Texas and we like Cajuns.
Title: Re: S&P Raises Texas to Highest AAA Credit Rating
Post by: Oceander on October 14, 2013, 03:49:14 am: Quote from: SouthTexas on October 13, 2013, 04:05:13 pm
We will require some type of collateral...

Well, there is the little matter - which some still consider unsettled - of the Republic of Texas; perhaps the rest of the United States can hock itself and become constituent states in a revived Republic of Texas - the United States of Texas (UST)?