Tacoma, WA
The City of Tacoma was downgraded by Standard & Poors on Monday. Um OK I am fine with the new AA+ rating, as long as the Tacoma Dome does not go into foreclosure. I don't think S&P knows who they're dealing with. Everybody knows a city with two bridges means they are not afraid to burn one, so investors beware.
I wish I had more info, but I have been busy working on a story about Chip Hanauer doing cocaine off of Pat O'Day's leg while riding in a corvette during the 1989 Torchlight Parade...
-LowTide
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