Moody’s just downgraded Baltimore’s credit rating, citing years of declining city reserves.
And now Brandon Scott’s City Hall is preparing to ask voters to authorize another $280 MILLION in borrowing.
That’s the part Baltimore taxpayers should pay attention to.
When the credit agency says your financial cushion is getting weaker, the answer shouldn’t automatically be: borrow more money.
A dog had its chain reduced one link at a time, every few days, until its chain was so short it could barely move.
The dog never resisted because it was conditioned to the loss of freedom slowly, over time.
Americans have been losing their freedoms for decades in this same manner, and most don't even realize it.