Moody's Downgrades Binghamton credit ...
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Michael

Painted Post, NY

#45 Feb 13, 2013
I Tolldusoh wrote:
The mayor made it quite clear:
So, about our credit rating. The downgrade was for one main reason: the city's yearly audit has not been submitted on time. "
- Mayor Matthew T. Ryan, in The Press & Sun-Bulletin, Feb. 8, 2013
One main reason......audit not submitted on time.
ONE
MAIN
REASON
Can it be any clearer!
You and your drug addled mind you have spent years spamming sites claiming that everything Ryan has said is a lie... that everything he has done has been a failure... and actually going so far as to threaten people in real life that so much as disagreed with your in the slightest on that point...

Yet here you are... with a report from Moody's giving 4 reasons for the downgrade... and NOW your "argument" is that everyone should agree with something Ryan said even though it contradicts the report...

Put down the crack pipe or whatever it is your hooked yourself on after the coke addiction dude... sheez.

Since: Nov 12

Location hidden

#47 Feb 13, 2013
You are right. I gotta lay of the blow. 50+ years of age and look where I am in life. A complete failure.
Barry Soetoro

Windsor, NY

#48 Feb 14, 2013
So when the Mayor of Binghamton admits why the city credit rating was lowered:

"The downgrade was for one main reason: the city's yearly audit has not been submitted on time. "
- Mayor Matthew T. Ryan, in The Press & Sun-Bulletin, Feb. 8, 2013

You don't want to believe him?

I can understand that given what a liar he is.

I can understand it but since Moody's said the same thing, I think maybe Ryan's own admission of incompetence in this case was correct.
Michael

Painted Post, NY

#49 Feb 14, 2013
Barry Soetoro wrote:
I can understand it but since Moody's said the same thing
Actually the link to the report by Moody's has already been posted several times...

http://www.moodys.com/research/Moodys-downgra ...

Also already posted were the four reasons they gave for the downgrade - listed below in the order they gave them:

-Below average and declining wealth indices

-High debt burden

-Financial weakness in enterprise funds

-Delayed financial statements

On that note...

Thank you for helping highlight that there is / was a very good reason that you've won the title of Broome County's Biggest Liar two years running...

:-P
Andrew Blox

Windsor, NY

#50 Feb 15, 2013
As the mayor said,

"The downgrade was for one main reason: the city's yearly audit has not been submitted on time. "

- Mayor Matthew T. Ryan, in The Press & Sun-Bulletin, Feb. 8, 2013

One main reason......audit not submitted on time.

Very clear incompetence.
Michael

Painted Post, NY

#51 Feb 15, 2013
I am curious if you even have the slightest inkling about how bizarre your "logic" is...

Seriously...

Your premise was and is that you believe the current administration is "incompetent"... and you have clearly stated that you don't think anything they say and for that matter - anything that is in the local paper (!) should be believed...

Then you wrap it all up with the conclusion / assertion that this means we should all believe 100% what the current administration said / what was published in the local paper...

LOL !!!

I asked it before and I will ask it again... did you stop taking your meds or did they change you to something new and it's not working or what... because you're getting as looney as you were in the past...
Du She b Mike

Windsor, NY

#52 Feb 15, 2013
Douchebag Micahel if you don't want to believe what Ryan wrote I can perfectly understand that. The putz is a serial liar.

But every now and then even a liar is correct.

You should know that.

So when Ryan states that Moody's downgraded Binghamton's credit becuase his own administration was too incompentent to file a report on time, I believe him.
Michael

Painted Post, NY

#53 Feb 15, 2013
Du She b Mike wrote:
Douchebag Micahel
Ah yes... your normal form of a rebuttal... lol !!!
So when Ryan states that Moody's downgraded Binghamton's credit becuase his own administration was too incompentent to file a report on time, I believe him.
But then again - the Moody's report stated the following 4 reasons for the downgrade:

Below average and declining wealth indices

-High debt burden

-Financial weakness in enterprise funds

-Delayed financial statements

Again...

May I suggest that you email the analysts a few hundred times telling them how you're right and they're wrong...
Du She b Mike

Windsor, NY

#54 Feb 15, 2013
So Moody''s list a delay in filing and three other things, The Mayor of Binghamton, inhos own words claims the main reason was his own adminstration's delay.

Seems quite clear.

If you want to argue which cause was more important go ahead. The Mayor of Binghamton says it was his delay. I agree with the mayor and his explanation of his own incompetence. Since Moody's mentions it was well, it seems reasonable.

While you are arguing with yourself, Douchebag, why not argue about how may angels are dancing on the head of a pin.
Michael

Painted Post, NY

#55 Feb 15, 2013
Du She b Mike wrote:
So Moody''s list a delay in filing and three other things
You're right / we are in agreement...

There were 4 reasons given by the analysts for their downgrade of Binghamton's long term debt.

It is kind of funny...

Both long and short term debt are under review i.e. for another / a downgrade or removal of their ratings all together... and the analysts said that is due to the lateness of the yearly audits...

But that is a future possibility if the audits aren't done... not a current occurrence as you are claiming.

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