Moody’s Investors Service has downgraded to A3 from A1 the rating on Rockland County’s (NY) $240 million in rated general obligation debt and revises the outlook to negative. Concurrently, Moody’s has also downgraded to MIG2 from MIG 1 the $10.5 million Bond Anticipation Note Series 2011C. Moody’s has also confirmed the MIG 1 rating on $45 million Revenue Anticipation Note Series 2011, $55 million Tax Anticipation Note Series 2011. – Moody’s
Daily Archives: 02/23/2012
AP Via CBS: Spokeswoman for Sen. Joseph Lieberman says his Hartford office has alerted U.S. Capitol police about a suspicious piece of mail.
Spokeswoman Whitney Phillips says Capitol police issued a warning about the possibility of suspicious packages sent to senators’ home offices, and the letter has some of the same characteristics. She said Lieberman was out at an event when the letter arrived Thursday.
“The democrats just trot Warren Buffett out any time they want to make a point about raising taxes on the American people which they are insatiable about doing,” said the Republican on Fox and Friends. “I don’t mean to be disrespectful I just tell it as I see it: You’ve got tens of billions of dollars. If you trust Barack Obama with that money write a check and contribute,” Christie added. Christie initially made this comment on CNN Tuesday saying Buffett should, “write a check and shut up.” Fox News
The Atlantic Reports: On January 27, premiers, community leaders, and survivors gathered across Europe to mark Holocaust Memorial Day and the liberation of Auschwitz-Birkenau. That same evening, the continent’s far-right leaders gathered in Vienna for an unrelated gala dinner and dance. Among them was Marine Le Pen of France’s Front National, the country’s prominent and often controversial nationalist party. Accused of having “danced on the graves of Auschwitz”, her appearance was incongruous to the new image she is offering France’s Jewish voters, having previously called the Holocaust the “epitome of human barbarism.”
Florida Sen. Marco Rubio, who is on many shortlists for the GOP vice presidential nomination, is coming to the Dayton area on March 12 to raise money for Ohio U.S. Senate candidate Josh Mandel. Mandel is facing several Republican candidates in the March 6 primary. The winner will face U.S. Sen. Sherrod Brown, D-Ohio, in November. The fundraiser is from 8 to 10 p.m. at Wright State’s Nutter Center. Tickets are: $25 General Seating / $100 Reserved Seating $250 Priority Seating / $500 VIP Seating. Dayton Daily News
House Majority Leader Eric Cantor asked the U.S. Department of Transportation to reject Overseas Shipholding Group Inc. (OSG)’s application for a federal loan guarantee two days before the company withdrew its bid, according to a letter obtained by Bloomberg.
OSG “is openly flaunting the spirit — if not the letter”of U.S. sanctions policy toward Iran, Cantor, a Virginia Republican, said in a Feb. 15 letter to Transportation Secretary Ray LaHood.
YWN Reports: Republican Congressman Robert Turner of New York recently wrote to President Obama and asked that he commute Jonathan Pollard’s sentence to time served.
The Congressman recently met with Jonathan Pollard in prison and pledged to do whatever he could to support the numerous calls for clemency that have been made to date.
Yahoo Reports: In a blistering election-year attack on his political foes, President Barack Obama charged Thursday that Republicans are “licking their chops” over painfully high gas prices that threaten the fragile economic recovery.
“Only in politics do people root for bad news and they greet bad news so enthusiastically,” he said in a combative speech at the University of Miami. “You pay more, and they’re licking their chops.”
The defiant rhetoric came after days in which the White House has worked to get off the defensive over high gasoline prices, insisting that Obama has done everything he can to bring those costs down. The administration blamed sticker shock at the pump on unrest in the Middle East, speculative trading, and heightened demand in China, Brazil, and India.
Times Union Reports: Wendy Long, a Manhattan lawyer who has served as chief counsel to the right-leaning Judicial Confirmation Network, circulated a letter late last week to Republican county leaders signaling her intention to run against Sen. Kirsten Gillibrand.
Long will speak tonight at the Manhattan GOP’s Lincoln Day dinner along with Nassau County Comptroller George Maragos, the other active declared candidate. He’s been circulating around the state, and was in the Capital Region earlier this week.
The Hill: President Obama wrote a letter this week to formally apologize for the burning of Qurans at a U.S. military base in Afghanistan. In the letter, written to Afghan President Hamid Karzai, Obama said he wanted to “express my deep regret for the reported incident.”
European Union states will impose sanctions on seven Syrian government ministers next week, adding to pressure on President Bashar Assad to end violence against the opposition, a senior EU diplomat said on Thursday. EU foreign ministers are set to agree at a meeting in Brussels on Monday to travel bans and asset freezes against the officials, who they say are responsible for human rights violations in Syria. JPost
Ron Kampeas Writes: A big chunk of last night’s CNN debate in Phoenix was about Israel and Iran.
As far as that goes, there were some interesting moments.
Milbank Writes: Rick Santorum sees Nazis everywhere: in the Middle East, in doctor’s offices and medical labs, in the Democratic Party, and now in the White House. The Republican presidential candidate told a group of supporters Sunday night that this year’s election was like the time between 1940 and 1941 when Americans didn’t act against Adolf Hitler because they thought he was “a nice guy” and not “near as bad as what we think.”
“It’s going to be harder for this generation to figure this out. There’s no cataclysmic event,” he explained, but similar urgency. “Is anybody reminding us who we are, what made us great, and what these assaults are all about?”
The obvious implication — later denied by the candidate — was that Santorum is some modern-day Churchill and President Obama is der Fuhrer. It was outrageous and yet, for Santorum, routine.