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Pritzker risks bankrupting Illinois to curry favor with Big Labor
The hill ^
| 08/12/2023
| AARON WITHE
Posted on 08/12/2023 7:43:12 AM PDT by ChicagoConservative27
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To: DIRTYSECRET
States can borrow. And Illinois has. But the federal government has been throwing money at states. Illinois can still sell bonds. But now the interest rates are killing them. I don’t think they can go bankrupt. But like NYC in the 70’s, or Detroit ten years ago, they can get restructured. There will be a lot of weeping and gnashing of teeth. But unless the feds eat Illinois’ debt, they will be taken over.
21
posted on
08/12/2023 4:29:24 PM PDT
by
poinq
To: Cincinnatus.45-70
22
posted on
08/12/2023 4:35:17 PM PDT
by
mewzilla
(We will never restore the republic if we don't first secure the ballot box.)
To: poinq
But unless the feds eat Illinois’ debt, they will be taken over.I rather think that's Deep State's plan.
23
posted on
08/12/2023 4:36:25 PM PDT
by
mewzilla
(We will never restore the republic if we don't first secure the ballot box.)
To: mewzilla
Thanks. I like that even more.
24
posted on
08/12/2023 7:11:45 PM PDT
by
Cincinnatus.45-70
(What do DemocRats enjoy more than a truckload of dead babies? Unloading them with a pitchfork!)
To: ChicagoConservative27
The good news is if he runs for president you can reuse your FJB decorations…
25
posted on
08/13/2023 11:21:37 AM PDT
by
IncPen
("Inside of every progressive is a Totalitarian screaming to get out" ~ David Horowitz)
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