Comments on: New trouble for Woonsocket as Moody’s joins Fitch in warning

By: GaryM

GaryM — Sun, 08 Jan 2012 15:26:47 +0000

Jim

You are correct! I’ve had a problem with the school funding formula since it was implemented. Nowhere in the formula were insane management practices of a community to be examined before school funding money was handed out.

With a limited bucket of school funds, as the number of distressed communities rises, communities who once believed they would get some crumbs are now in the cross hairs (East G, Barrington, S Kingston to name a few).

By: Jim Donahue

Jim Donahue — Fri, 06 Jan 2012 22:00:33 +0000

The state has been dumping money into the Central Falls landfill for 20 years with the only result being low taxes for the 3rd worlders who live there.

Soon they will begin shifting state school aid to the sanctuary cities – taking from the taxpayers.

Recently the state just dumped $2 million or so that they don’t have into East Providence and it’s clear that they are the tip of the iceberg.

When will these money grabs stop?

By: Ed

Ed — Fri, 06 Jan 2012 18:29:27 +0000

What did you expect? This rating agencies are not as gentle as Rhode Islanders with the enabling. They will hold cities and town accountable, which means elected officals, who you people keep re-electing the same type dirtbags. I don’t want to hear anymore Rhode Island excuses, such as. “they didn’t know better, they will do better, they were helping poor people.” Helping poor people while nice in philosphy creates resentment and kills motivation and incentive. You people brought this on yourselves not fix it.