These commie half wits make me think of someone trying to fill a bath tub without putting in the plug. Cut your costs it is the only way out.
You know K, watching these fat cats retire at age 50 scream about their pensions is almost as sweet as watching liberals scream about their healthcare policy premiums increasing. Kinda like listening to moths approaching a flame. It’s silent and no-one really cares.
My view is that Illinois, California, and New York will eventually be allowed to issue federally guaranteed bonds.
Those states are the bedrock of Democrat national electoral strategy and must be protected at all costs.
(And I’m not naive enough to believe that guarantee is worth much, but it will buy time).
I'm not sure just over 50% of the base amount qualifies as "also" but there you are: while other people's money lasts, the government is the place to work. When it runs out, there's a problem.
There's also a solution - kick the problem up to another, bigger government with the ability to extract more of other people's money. I'm thinking bailout here. Come on, it'll only hurt the people of Toledo a little to ensure the government pensioners in Scranton don't lose their sweet deal. Who bails out Toledo? Not our problem.
I’m from the area and IMO the looters are already eyeing the exits and ready to snatch what they can before it all collapses. When it was going well if the Chicago area mob/D/R syndicate needed a distraction they would gin up a gun control media campaign. Let me say that is not working anymore, the downstate Ds aren’t playing because they aren’t so inclined to bail out Madigan as they once were.
Fitch is obviously being racist; Holder will surely get on their case. And the phrase “lack of meaningful solutions” is a flagrant use of a racial dog-whistle. Alert Chris Matthews.
Why in the world did Boeing move their headquarters to Chicago???