Too much debt?

Submitted by ryanteaguebeckwith on July 30, 2007 - 11:58am.
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Richard Moore doesn't like the budget's debt.

The state treasurer, who is seeking the Democratic nomination for governor, said in a statement that he does not approve of the nearly $670 million in certificates of participation in the budget, which unlike regular bonds do not have to be approved by voters.

"Our constitution clearly envisioned a vote of the people on major debt projects," he said. "This trend, if unchecked, could have a negative impact on our state's credit ratings."

With the new debt, Moore projected that the ratio of non-voted to voted debt will be 35 percent in 2012, above the median ratio of 26 percent for states given the highest AAA rating.

Moore called for a legislative cap on non-approved debt.

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Re: La Vie en Grey

Submitted by Proctor on July 30, 2007 - 1:50pm.

Magnifique! Be sure to put some of The N&O's reporters and editors in there too so they can enjoy their rightful place under the Big Dome Top. And local elected officials in Wake County too because people have enough trouble already recognizing them in the news columns.

This just in: If you try to put one of these caricatures on your license tag, the DMV is not exactly going to wish you a "Bon Voyage."

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La Vie en Grey

Submitted by ryanteaguebeckwith on July 30, 2007 - 1:06pm.

We're working on adding more caricatures to the blog, bientôt. 

— RTB

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Re: Too much debt?

Submitted by Proctor on July 30, 2007 - 12:58pm.

Grey Blackwell has provided a cartoon rendering "par excellence," and anyone who has any regrets about it can just shrug it off by concluding: "C'est la vie."

Now the way for Richard Moore, Beverly Perdue and all the other gubernatorial hopefuls to show their appreciation for French culture in the Old North State is to go out to Burke County in Western N.C. and have a debate in downtown Valdese for all the Waldensians in the area. They could even get Morganton native and Raleigh newscaster Bill Leslie to serve as narrator, but Burke County is past Carrboro and out of WRAL's viewing range, so the station might respond with a "Non, non!"

A lot of the '08 crop of political candidates and the public too would probably like having a Blackwell etching just as much as a regular photograph, but what are the chances of the DMV allowing them on drivers' licenses? Non? (Then how about a mug by Powell?)

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Re: Too much debt?

Submitted by ryanteaguebeckwith on July 30, 2007 - 12:13pm.

The cartoon is by our in-house artiste, Grey Blackwell.

It may make Moore look a bit French, but Grey regrets nothing.

— RTB 

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Re: Too much debt?

Submitted by Proctor on July 30, 2007 - 12:06pm.

This "Under the Dome" drawing of Richard Moore looks a lot like the boxer in the movie, "La Vie en Rose." Is Richard going for the French vote in North Carolina? About the closest we have to a town honoring the Parisian singer Edith Piaf of "La Vie en Rose" would be Pfafftown, but Pshaw, that's way over there by Winston-Salem.

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