In Washington State the negative ads from Dino Rossi, RNC and BIA stated there is a budget deficit of $3 billion.
Read any newspaper or government website on the Washington State Budget and one can see there is a surplus. The News Tribune in Tacoma Washington reported as of June 2008 the state expected surplus is $801 million in 2009.
http://www.thenewstribune.com/...
All the Democrats in Washington have to do is publish the Budget and Account Balance Sheet 2007-2009. Beginning balance $768.3 Million, Ending Balance and Reserves $1,203.8 Million. That's over one billion dollars in reserve funds for rainy day!!
http://www.ofm.wa.gov/...
Only explanation is Dino Rossi, RNC, and BIA distributed false financial information with malice and intent to damage the government and citizens of Washington State, causing distortion is Washington State credit rating and increased our interest obligations on municipal bonds issued to support state activities.
Washington State and Gov. Christine Gregoire actually have enough information to sue the Republican Party, RNC, Building Industry Association and Dino Rossi’s campaign for putting erroneous budget numbers which have cause damage to the State of Washington’s credit rating and increase the interest payment on the states municipal bond. SEC law prohibits deliberate distortion to manipulate credit ratings which cause price variations and should investigate improper discloser of false information with malice and intent to damage the credit rating of Washington State and cause direct financial impact on the citizens of Washington State.
It is my understanding that Washington State has already suffered some impact of interest incursion on municipal bond issuance to support state activities. If the change in interest rate can be associated with the false information delivered in malice and intent by Dino Rossi’s Campaign, RNC and BIA then they should be held libel for the losses for distribution of false financial information about Washington State Budget!