It begins - CT has its bond rating cut

My home state is the first, but it won't be the last. Ratings agencies are beginning to cut the bond ratings for the state. This will make it much more expensive to raise funds in the future

Connecticut is preparing to borrow $956 million to close a budget gap in the fiscal year beginning July 1, after borrowing money last year to cover a deficit of $947.6 million. Not good. Fitch has reduced the states credit rating from AA+ to AA.

Olympia Snowe on Congressional Attitudes

Senator Olympia Snowe (R - Maine) was the only Republican to vote for one of the Health Care Reform Bills to come out of the Congressional committees. She sat down for an interview with ABCNews and gave a very weak defense for her vote. But there was one nugget of gold in the interview.

I think for so long the art of legislating has been lost here in Congress and it’s all about just moving it along on the fast track, and I think that unfortunately the big issues have been set aside.

I think this hits the nail on the head about a major problem with the current Congress. Rather than taking on an issue, having a full public hearing and debate, and then a vote, everything in the "Democratic One Party Congress" is rushed through. This has lead to cases where Congresspeople of both sides are required to vote on multi-thousand-page legislation without any time to read it. And has allowed no opportunities for bipartisanship.

Listen to Senator Snowe, Democrats. A Congress without time to do it right is a Congress who can accomplish nothing, except for things they will regret later. "Anything now" is not better than "the right thing later".

Sports sweep Top 6 Highest Primetime Rated TV Shows for June

The 6 games of the NBA Finals were 5 of the six highest rated TV shows for the month of June. I guess this means that when we have compelling match-ups sports can still draw in big viewership. I too watched more of the NBA finals since the Celtics and Lakers were playing as opposed to if the Spurs and Pistons had played. The highest rated show was the Belmont Stakes horse race.