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A Downgrade for Illinois-The worst credit rating aside from California
WSJ ^

Posted on 08/30/2012 5:00:43 AM PDT by TurboZamboni

In recent years a wave of new reform Governors has washed over the Midwest, but it did skip a few states. Among them is Illinois, which now has the worst credit rating of any state besides California. Voters may want to pay attention.

On Tuesday, Standard & ...

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: bankrupt; barrytown; broke; debt; democrats; downgrade; spending; unions
hmmm... I wonder what they have in common?
1 posted on 08/30/2012 5:00:52 AM PDT by TurboZamboni
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To: TurboZamboni
That's racist!
2 posted on 08/30/2012 5:09:30 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

California and Illinois have the highest gas tax per PRICE, rather than per volume sold.


3 posted on 08/30/2012 5:13:15 AM PDT by treetopsandroofs (Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
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To: TurboZamboni
The same irresponsible, bipartisan corruption (The Combine) has been transplanted from Ill-Annoy to Washington. So, if you like the way Quinn-Madigan-Emanual run Ill-Annoy, you'll love the way Obama has been running things. So goes Ill-Annoy, so goes the nation. Buckle up!

The roots of bipartisan mismanagement are so deep, Ill-Annoy has little hope of a Wisconsin-Indiana renaissance. Hope and Change? I don't think so.

4 posted on 08/30/2012 5:21:11 AM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: treetopsandroofs
California and Illinois have the highest gas tax per PRICE, rather than per volume sold.

What's more, in Illinois anyhow, virtually any other unit of government (cities, countys, townships, etc) can (and do) add an additional sales tax piggybacked on the state sales tax. And YES, it is cents per dollar, not cents per gallon. Illinois loves high gas prices ... talk about windfall profits.

5 posted on 08/30/2012 5:45:03 AM PDT by TheRightGuy (I want MY BAILOUT ... a billion or two should do!)
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To: MeneMeneTekelUpharsin
There's nothing wrong in Rahmboland (Chicago) or Madiganistan (Springfield) that 1 or 2 megatons (each) wouldn't cure. The suffering citizens in 100 of 102 Illinois counties hate these Donkey pest holes.
6 posted on 08/30/2012 6:25:55 AM PDT by MasterGunner01
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To: TurboZamboni

Last week, Berkshire Hathaway divested themselves of half ($8 billion) of their municipal bond insurance holdings.

7 posted on 08/30/2012 6:28:57 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working fors)
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To: TurboZamboni

Illinois - the ‘new’ Detroit... where liberal ideas rule...


8 posted on 08/30/2012 6:29:04 AM PDT by GOPJ (Homeland Paranoid Insecurity: Making the country safe for liberal elites...)
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To: TurboZamboni

The RAT nests are beginning to stink big time.


9 posted on 08/30/2012 6:40:39 AM PDT by rod1 (CTLY)
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To: treetopsandroofs
California and Illinois have the highest gas tax per PRICE, rather than per volume sold.

I live in Illinois just across the Mississippi from Iowa. Whenever possible, I get my gas in Iowa, as their price per gallon is anywhere between 12 to 25 cents a gallon cheaper.

This state sucks, in so many ways.


10 posted on 08/30/2012 6:48:59 AM PDT by reagan_fanatic (Worst. President. Ever.)
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To: reagan_fanatic
Chicago is the new Detroit. Yes Obama did build that.
11 posted on 08/30/2012 7:08:38 AM PDT by Kozy (Calling Al Gore)
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