>Over on his “new” blog provided by Middletown-Patch, Middletown’s acting mayor Tony Fiore, has addressed the latest robo-call that was sent out by the group Concerned Citizens Of Middletown, that talked about the amount of debt the Township is carrying. If you ask me, Fiore’s response just lends credence to the message that went out last Friday.
And how is it that Mr. Fiore is so sure who is responsible for these robo-calls when so many (myself included) do not? He blames the Middletown Democrats for placing them, which if that was the case, I think I would know about it. It seems to me that these robo-calls have struck a nerve and seem to be factual based by his response to them.
Also I believe, the point of how much debt the town can borrow itself into, is a silly one; who cares what a towns’ or persons’ credit card limit is when it is already difficult to meet the minimum payments on the balance!
Middletown hasn’t had it debt rating updated in several years, It has been shown recently that credit rating agencies like Moody’s and Standard & Poor aren’t worth much. After the financial meltdown of the past few years, many of the investments that caused the near collapse of the economy were rated A, AA, or AAA from both of these institutions. Knowing that why would anyone want to tout how special they are? They’re not.