Chicago, another cesspool of corruption. They’re next. Should we start a pool?
A CessPool?
These cities large and small have some astounding debt. People tell me that those cities have a tax base to support it but if you’re $100 billion in debt, your tax base isn’t doing a very good job of supporting it.
Our cities are trillions of dollars in debt. There is probably a trillion dollars in municipal debt in the northeast alone.