2013年11月12日星期二

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Completes deal to borrow moncler london AnnApolis, md. (Ap)Maryland completed its effort to borrow $512.4 million Wednesday by selling general obligation bonds, getting a good response from investors despite the financial uncertainty churning around the debt limit debate in Washington. Maryland treasurer nancy kopp reacted with relief and confidence to the investor response, after maryland and four other states were warned last week by moody's investors service that their triplea bond ratings could be lowered if the nation's bond rating is downgraded. "We are the first triplea state to go out since this business started in washington,"Kopp said, referring to the state's reaching out to the bond market. "Thus far, i am very happy to say the investors, particularly maryland investors but all others have been able to tell the difference between the state of maryland moncler men and some people down route 50, and they're investing in us. " Virginia, south carolina, tennessee and new mexico also were warned about their triplea status, if the nation's bond rating is downgraded. Maryland sold about $72 million in direct retail bonds on monday, after a threeday delay due to the debt limit debate in washington.The state sold the other bonds during a board of public works meeting on wednesday. Kopp said the state has decided to put off the sale of $200 million in refinancing bonds, because interest rates are so unstable that the state couldn't make enough money from them now. Comptroller peter franchot described the dilemma in washington as a sobering illustration that what happens in the nation's capital has a huge affect on maryland.He said the state can't afford to become too dependent on the federal government for the its economic wellbeing. "I hope state leaders from both parties will use this wakeup call to rededicate ourselves to a business climate that inspires, promotes and rewards private sector investment in maryland, regardless of the size of the employer or the business sector they happen to represent,"Franchot said just before the bond sale. After the board meeting, gov.Martin o'malley said a default by the federal government would have a negative impact on all 50 states, and he blamed conservative members of congress for the lack of a compromise so far. "If the narrow wing of the republican party in congress, call them the tea party members, are able to push congress into this economic suicide pact of defaulting, of not having the united states pay its bills for the first time in history, that's going to ripple through every single state,"Said o'malley, who is chairman of the democratic governors association. The governor also said it remains to be seen how badly default would hurt the nation, because default would be unprecedented.As for backup plans in case of default, o'malley said states still don't know what checks might be withheld from the federal government. "So it's not possible at this point for us to make contingency plans like that,"O'malley said. Meanwhile, a spokesman for republican rep.Andrew harris said the congressman was moncler shoes receiving more than double the calls to his congressional office than usual. Ryan nawrocki, harris' spokesman, said on a normal day the congressman's office receives about 100 calls from moncler jackets constituents.On wednesday, he said, the office was on track for 200 to 300 calls. "It's surprising,"Nawrocki said. "We're getting a lot of people who are saying, 'hold the line.' I was expecting it to be a little more mixed or in the other direction.We're from a pretty centerright district in maryland, and the calls that we're getting reflect the kind of district we represent. " Many accidental child gun deaths not classified as accidents:Report ted cruz:If we have a shutdown, it will be because harry reid 'holds the american people hostage' despite shutdown threat, house passes spending bill that delays obamacare for one year cheerleader coach's team delivers surprise wedding proposal iranian president rouhani takes to twitter after phone chat with obama obama has historic call with iran leader, warns gop about shutdown breaking bad viewership:New mexico, new york post most facebook updates about 'breaking bad' 25 republican senators reject cruz strategy to defund obamacare pop quiz:What's wrong with the tea party?Senate puts obamacare funding back into spending bill and sends to house republicans

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