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By awarding their Triple A ratings, Moody's, Fitch and S&P seem to encourage cities to borrow more money, rather than to encourage them to fund their current, overwhelming liabilities.
Perhaps our city councilors believe that the overwhelming liabilities being accrued by the city for the OPEB fund are a personnel matter and, therefore, off limits for public discussion.
When working with ethnoculturally discordant patients, "the ability to identify assets in a family beset by overwhelming liabilities" as well as vulnerabilities "often produces the turning point toward successful interventions" [[ 188], p.269].
"The banking puzzle is how do you separate the good assets from the overwhelming liabilities," Mr. Cleland said.
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But as Detroit makes its way through the federal court system, other cities, including Chicago, are wrestling with overwhelming pension liabilities that threaten to undermine their capacity to provide municipal services and secure their futures.
Still, overwhelming is overwhelming.
Although the corporations' reserves include amounts that could be owed to states or foreign governments, the overwhelming majority of the potential liability is believed to be for United States federal taxes.
While Bob Herbert (column, June 25) looks for tidbits that he thinks dilute the overwhelming body of evidence proving that a medical liability crisis exists, the rest of the country has moved on to seeking the solution.
The overwhelming trend has been to limit or circumscribe legal liability while Republicans controlled Congress and the presidency.
There are liability protections but the external costs can be overwhelming.
An overwhelming 78percentt say they are concerned about the impact that rising liability costs have on access to care, and 72percentt support a law that caps noneconomic damages.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com