Moody’s Analytics should change their name to Moody's "MARKETING".  Given the poor condition of Hawaii'a infrastructure, the enormous debt-load, and the single-party progressive government that has yet to address their dependence on the tax, borrow and spend paradigm of social-progressivism, Moody's analysis is nothing more than a hollow attempt to convince buyers that Hawaii's general obligation bonds are a good deal. Look no further than Puerto Rico and ask yourself , "How the hell could they drive up so much government bond debt with Moody's, Standard and Poor and Fitch still rating their bonds any more than junk?