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Chicago Debt Downgraded to Near ‘Junk Bonds’
Breitbart ^ | March 29, 2016

Posted on 03/30/2016 5:42:15 AM PDT by detective

Fitch Ratings downgraded the City of Chicago’s credit rating to just one step above “junk bonds” on March 28.

(Excerpt) Read more at breitbart.com ...


TOPICS: Crime/Corruption; Government; US: Illinois
KEYWORDS: bonds; chicago; debt; illinois
The Democrat politicians have pushed Chicago into near bankruptcy.
1 posted on 03/30/2016 5:42:15 AM PDT by detective
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To: detective

"...rahm's so deep in the closet he walks around with a bag of canary's"

2 posted on 03/30/2016 5:50:54 AM PDT by Doogle (( USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: detective

No bailout. DEFUND socialist collectives, foreign and domestic. Socialism Is Legal Plunder - Bastiat

http://www.usdebtclock.org/state-debt-clocks/state-of-illinois-debt-clock.html


3 posted on 03/30/2016 5:51:16 AM PDT by PGalt
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To: detective

Ah yes, New Detroit... great job, Democrats, that's just one more great American city you've destroyed through your corruption.

You've finally reached the tipping point, where the businesses rush out of the city faster than they come in, because they can't make enough profit to stay in business and pay all those taxes that go to feed all those non-taxpayers.

You have a near 100% failure rate in all the big cities you prey upon (which, face it, is all the big cities), but your welfare voters never notice because they're so busy killing one another and trying to figure out which of the victims' "black lives matter" and which ones don't, because they were killed by one of their own kind.

4 posted on 03/30/2016 6:16:16 AM PDT by Kenton
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To: Kenton

Will Trump put a WALL around Chicago also?


5 posted on 03/30/2016 6:59:36 AM PDT by oldasrocks (They should lock all of you up and only let out us properly medicated people.)
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To: oldasrocks

Will Trump put a WALL around Chicago also?

Only if it keeps the the trash in Chicago. Under such conditions, it will depopulate on its' own and return to the forestland it once was. After a couple of generations, nothing will be left except the trees, and then maybe they can turn it into a park. It's already happening in Detroit (also known now as New Mogadishu), and it's the inevitable fate of all Democrat-mismanaged urban decay ares.

6 posted on 03/30/2016 7:15:05 AM PDT by Kenton
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