Monday, October 19, 2009

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Island of fiscal sanity - in Michigan

It's well known that the State of Michigan is on life support from the federal government. The situation is hopeless. Thousands are lining up for "Obama Cash." The state budget is a mess. State police have been laid off and school funding reduced.

But, amidst the calamity, to the absolute horror of tax and spend democrats there is a shining example of conservative, republican, common-sense management: Oakland County.

It's just had it's triple A bond rating reaffirmed:


Oakland County Executive L. Brooks Patterson announces that Wall Street has reaffirmed the county’s coveted AAA Bond Rating.

The AAA Bond Rating is difficult to retain in the current economy. Only about two dozen of the nation’s 3,000 counties have the AAA rating.

“The county will continue to adhere to its historically strong budget and management practices which have resulted in ample financial flexibility that positions the county well to manage current economic challenges,”

Moody’s says.

Patterson, in the mid 1990's, reformed Oakland County's employee health and retirement plans and privatized many services,

So don't tell the voters there that the only choices in tough times are higher taxes or cuts in services. Oakland county voters know better.

It could be called the Miracle of Oakland County if it were ever reported by the major media, but as usual success contrary to the liberal line doesn't seem to be 'news worthy'.


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