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To: AT7Saluki

I know legal “bankruptcy” isn’t an possibility for states, but they WILL reach a point where they can’t pay their bills.


14 posted on 10/30/2018 7:27:11 AM PDT by PGR88
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To: PGR88

Bankruptcy is an option. Unless the state’s constitution prohibits it. Does IL’s, anyone know?


17 posted on 10/30/2018 7:31:56 AM PDT by mewzilla (Is Central America emptying its prisons?)
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To: PGR88
I know legal “bankruptcy” isn’t an possibility for states, but they WILL reach a point where they can’t pay their bills.

Yes. That's eventually going to hit people in the face.

The legal code is a pretty little thing -- "We cannot go bankrupt". How nice. How sweet. But can you pay your bills???

20 posted on 10/30/2018 7:44:21 AM PDT by ClearCase_guy (If White Privilege is real, why did Elizabeth Warren lie about being an Indian?)
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