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December 5, 2017


Blog · News

Threats to credit ratings, bogus and real. Why Vancouver is delightful. Bad zoning makes bad communities. Young farmers on the rise. Dolphins love Beaufort! Goldfinch doesn’t love dolphins. Or public participation…

Tuesday, December 5, 2017

Folks, Every year or so, a politician pronounces that something he supports must be done to protect the city or county’s credit rating.  Consider Charleston County Council, for example, where I-526 boosters have routinely justified building the interstate to Johns Island because our “bond rating would suffer” if they didn’t.  This was always hogwash and most people knew it. But here’s a real threat to local government credit.  Bloomberg News reports that Moody’s, the bond rating agency, will…

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