As a resident of the People's Socialist RepuliK of Illinois, I thought Illinois (as a state) was already "junk bond status" so why would anyone be surprised Chicago's getting downgraded again?
What I don't understand is how can the entire state be junk bond status and Chicago (gee, a part of Illinois) be A-??
12 posted on 11/14/2013 5:20:59 PM PST by usconservative
(When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))