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Sunday, October 23, 2011

Revenue Enhancements = Garbage Collection Fees


It seems the Moody's rating of South Euclid was partially contingent on the implementation of revenue enhancements, specifically named as garbage collection fees.


Please click on image below to view full size.







Please click here to view the entire
 Moody's report.

1 comment:

Anonymous said...

I'LL HAVE TO PRINT A HARDCOPY THAT I CAN READ.BUT,,,,I UNDERSTAND THE REQUIREMENTS FINANCIAL INSTITUTIONS WANT CUSTOMERS TO ACHIEVE FOR CREDIT WORTHINESS.
SOMETHING FANNIE MAY, FREDDIE MAC,AND COUNTRYSIDE(?) LENDING SHOULD HAVE DONE.BAAAAHAAAA
BUT THIS IS CREEPY.SCARY.NOT RIGHT AT ALL.
HOW ABOUT GIANT EAGLE TELLING THEIR SHAREHOLDERS,OR FINANCIAL CREDITORS THAT IN ORDER TO RECEIVE A FAVORABLE STATUS THEY MAY START CHARGING CUSTOMERS FOR USE OF A SHOPPING CART?CHARGE THEM FOR PARKING? TAPPING THIS REVENUE STREAM,DESPITE THE FACT THAT THE 'COSTS' FOR THESE THINGS ARE ALREADY CALCULATED INTO THE PRICE OF THEIR PRODUCTS?
THIS INSANE GREED,THIS 'NEW AGE ACCOUNTING',BOTH POLITICAL AND PRIVATE.THE 'WRINGING OUT'THROUGH 'LEGAL'MANUVERING AND 'CREATIVE' ACCOUNTING' OF EVERY DOLLAR WE EARN IS INTOLERABLE.IF THIS IS WHAT O.W.S. IS PROTESTING,AND I THINK IT IS,EVEN THOUGH MOST OF THEM AIN'T GOTTA' CLUE,THEN I SUPPORT THEM.
IF OUR CITY HAS TO TELL MOODYS THAT THEY WILL TAX GARBAGE PICKUP,FINE IDLING CARS,INSTALL HIDDEN CAMERAS,TAX RAINWATER RUNOFF,TAX HOW MANY PETS YOU HAVE,KIDS,TREES IN YOUR YARD,CARS YOU OWN,ELECTRICITY YOU USE,WATER,DETERGENT,YADA,YADA,YADA,
(AND BY THE WAY,ELECTRONIC MONITORING OF YOUR GAS AND ELECTRICITY IS COMING VERY,VERY,SOON,GET READY...)ALL THESE,BUT WAIT,THERE'S MORE,,,,,,
BAAAAAAA,,,,(AND TO SOME EXTENT WE ARE ALREADY PAYING THESE THINGS)
I KNOW,CRAZY.EVEN CRAZIER TO SAY IT HERE.I WOULD ASSUME THAT 99% OF READERS OF S.E.O. ALREADY KNOW AND UNDERSTAND WHAT IS GOING ON.
AND WE KNOW IT IS NEVER GOING TO STOP.UNTIL WE IMPLODE.JEEZ,I'M GOIN'ALL GLENN BECK HERE!
PLEASE,PLEASE,NOT THAT,,,,ARRRRGGGG,,,,
(TALK ABOUT A RADICAL NUT CASE,OHHH PLEASE,EVEN I CAN ONLY TAKE SO MUCH DOOM AND GLOOM NONSENSE)
AND ANOTHER LEVY NEXT FALL.HEY,WE GOT A REPRIEVE FROM IT BEING THIS FALL!YEAAAAAAA
BUT,WE MUST AGREE,THE BREAKING POINT IS GETTING CLOSER.

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