Massachusetts Treasurer Tim Cahill is on CNBC with Erin Burnett right now. He’s speaking to the difficulty in obtaining loans for the Commonwealth right now. He says the current situation is “not dire” but could hold off on trying to obtain financing if the price for credit is too expensive.
Cahill’s being pressed on the financial straights of Massachusetts. Why should Massachusetts need capital right now? Cahill’s answer, which seems directed at Governor Patrick: “You’ve got 200 elected officials and an executive who aren’t always aligned.”
Cahill, the Pride of Quincy, has come a long way since he ran for the Treasurer’s office back in 2002. Judging by today’s national t.v. appearance, he’s keeping his ambitions alive. Here’s what I wrote about him back during that campaign in the Boston Phoenix.