Public Sector Credit

Bond investors, policy makers and the general public deserve transparent, objective and up-to-date government credit ratings.

[Public Sector Credit @PublicCredit]

@LizFarmerTweets He should join a group like Upwardly Global that provides career counseling to recent immigrants. https://t.co/AX3zgSzVQC

[Public Sector Credit @PublicCredit]

@Aarondklein And how did rating agencies miss this? Why was SVB carrying investment grade ratings when it collapsed?

[Public Sector Credit @PublicCredit]

@lavern_spicer It won't happen. The city doesn't have anywhere near enough money to pay for it. Just more useless virtue signaling from the SF Bay Area which also just outlawed gas-powered water heaters.

[Public Sector Credit @PublicCredit]

@Scott_Wiener Given the unreliability of BART, it is hard to believe that a government-operated system will outperform the airlines. Many Southwest customers were able to rebook on other airlines; that's not possible with a government monopoly.

[Marc Joffe @marcjoffe]

With SF leadership becoming more open to the idea of temporarily sheltering the City's homeless, but worried about the cost, they should consider pressing the Salesforce Transit Center's dormant "train box" into service. https://t.co/nM40DQsQ0I

[Public Sector Credit @PublicCredit]

@Victorshi2020 Like J. Edgar Hoover, Fauci served too long, accumulated too much power, and abused it. We apparently need term limits for senior unelected officials as well as elected ones.

[Public Sector Credit @PublicCredit]

@NimbyPatrol Or, if you don't like Airbnb, just don't use it. Plenty of others choose to use it despite the inconveniences.

[Public Sector Credit @PublicCredit]

@McFaul If the United States took over Iraq or bombed Libya into failed statehood (both without UN approval), what would you call that?

[Public Sector Credit @PublicCredit]

@NorthBeachJohn1 @TheMarinaTimes @SpeakerPelosi @HealthRIGHT360 With declining enrollment, SFUSD should consolidate into fewer school buildings. This will reduce maintenance costs and lower the amount of bond funding required.

[Public Sector Credit @PublicCredit]

@kane @michelletandler Looks like it cost about $17 billion to build. If CA could build infrastructure that inexpensively, we could have nice things too.

[Public Sector Credit @PublicCredit]

@DoombergT @weatherchannel Media always has to catastrophize extreme weather events to reinforce the climate change narrative. I don't know how extreme cold and heavy snow can be caused by global warming, but I'm sure they can find some climate scientist to explain.

[Andrew Stuttaford @AStuttaford]

How to Stop Wasting Money on Government Bailouts

@NRCapMatters

https://t.co/TfGf3yAoVy

[Public Sector Credit @PublicCredit]

@EyeOnPuertoRico This is an example of literature on using ratios. Many states including NY and CA monitor local fiscal health by using ratio analysis. XBRL tagging will make it easier to collect data used for ratio analysis.

[Public Sector Credit @PublicCredit]

@EyeOnPuertoRico https://t.co/CQtYQFab8k

[Public Sector Credit @PublicCredit]

@EyeOnPuertoRico These are the kind of items that I and others use in ratio analysis to assess default risk.

[Public Sector Credit @PublicCredit]

@EyeOnPuertoRico e.g. Total Expenses, General Revenues, Charges for Services, Operating Grants and Contributions, Capital Grants and Contributions

[Public Sector Credit @PublicCredit]

@EyeOnPuertoRico This thread doesn't address the main benefit of applying XBRL to state and local finance, which is to get high level totals. These totals have comparable meanings as dictated by GASB standards.

[Public Sector Credit @PublicCredit]

@ninaturner The price may not go up, but employees will be replaced by automated kiosks.

[Public Sector Credit @PublicCredit]

@duty2warn Thanks for adding a word to our vocabulary!

[Public Sector Credit @PublicCredit]

@Caitlindevitt Some issuers misled by an opposition campaign opposed it. Most had no opinion. And some like Flint MI favor it.