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Illinois is Collapsing: It's Coming Everywhere
Market-Ticker ^ | June 10, 2017 | Karl Denninger

Posted on 06/10/2017 1:36:34 PM PDT by Wolfie

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To: raybbr

And New Jersey.
The Democrats in Trenton have tried to block Christie at every turn and are. Now running Corzine 2.0...


41 posted on 06/10/2017 3:44:28 PM PDT by Rumplemeyer (The GOP should stand its ground - and fix Bayonets)
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To: mia

If you ask me, Connecticut is the sorriest state in the Union.


42 posted on 06/10/2017 3:47:16 PM PDT by wjcsux (The hyperventilating of the left means we are winning! (Tagline courtesy of Laz.))
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To: Daffynition

Welcome to Maryland: bring your wallet.


43 posted on 06/10/2017 4:15:20 PM PDT by Tolerance Sucks Rocks (April 2006 Message from Dan http://www.dansimmons.com/news/message/2006_04.htm)
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To: PeterPrinciple

Not Rauener..he’s trying his damndest. He is an anti Trump prick but he can’t make any headway as long as Chicago exists.I live in illanoy.


44 posted on 06/10/2017 4:37:38 PM PDT by Bonemaker
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To: raybbr

“This could have been written about CT as well”

Also California. It’s amazing how many people here really believe Jerry Brown and Gavin Newsome have the state really booming. They are ignoring all the signs: The housing bubble is back. Homes are way over priced again and people are taking out equity to by boats, motor homes, etc. Businesses are still leaving the state in droves. Small businesses are failing in large numbers here (the small business I was working for had to fold up in February) and business start ups are at an all time low because no one can afford the taxes and fees. The only real stable industry here is the wine business because the climate is so perfect.

California is on the verge of collapse. Wait until Moonbeam II’s new gas tax and registration fees kick in. People are going to suffer (and rightfully so, Brown has an 75% approval rating). Fortunately there is no Republican in sight to blame. Every state wide office is held by a Democrat and Democrats have super majorities in the state senate and assembly.


45 posted on 06/10/2017 4:49:44 PM PDT by Angels27
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To: Wolfie

This is why I spend as many weekends as possible working the reloading press.

L


46 posted on 06/10/2017 4:59:24 PM PDT by Lurker (America burned the witch.)
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To: Wolfie

The University of Illinois Springfield professors/ teachers went on strike right before finals at the end of the school year.


47 posted on 06/10/2017 5:08:41 PM PDT by TomHarkinIsNotFromIowa (Just so you know, We're ashamed the President of the United States is from Kenya.)
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To: Wolfie

Make the leftist pensioners go door-to-door and demand that their neighbors give them money and see what happens.


48 posted on 06/10/2017 5:09:44 PM PDT by sergeantdave
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To: Wolfie

There 12+ major construction projects in the Loop. Most are high rise condos, fifty stories and higher. If you count McCormick square [South of 12th Street] - there are 25 projects. Not sure who is moving in or why they want to live in Chicago, but construction is booming.


49 posted on 06/10/2017 5:16:33 PM PDT by EC Washington
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To: TomHarkinIsNotFromIowa

The same ones who took a few days off in November.


50 posted on 06/10/2017 5:20:29 PM PDT by TomHarkinIsNotFromIowa (Just so you know, We're ashamed the President of the United States was from Kenya.)
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To: raybbr

I thought California would be the first to go.


51 posted on 06/10/2017 5:39:45 PM PDT by I-ambush (If we make it, we'll all sit back and laugh, but I fear tomorrow I'll be crying)
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To: Hiryusan

State bureaucracy majority laid off, rest shrinks to caretaker status. National guard mobilized under an appointed territorial governor for territory law enforcement. All state, county & municipal unions decertified, K-12 system shrinks to minimum staff 1 - 12 classrooms open, 1 teacher per class. No state funds for outside activities such as sports, etc.


52 posted on 06/10/2017 5:49:00 PM PDT by Reily
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To: raybbr

Another great Democrat success story.


53 posted on 06/10/2017 7:16:00 PM PDT by ChiMark (America America)
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To: raybbr

Another great Democrat success story.


54 posted on 06/10/2017 7:16:01 PM PDT by ChiMark (America America)
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To: Secret Agent Man

I would tend to say the same but I remember 10+ years ago when people were claiming CA was at the brink of “bankruptcy” and couldn’t possibly stay solvent for another year.


55 posted on 06/10/2017 8:47:17 PM PDT by steve86 (Prophecies of Maelmhaedhoc O'Morgair (Latin form: Malachy))
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To: Wolfie

How would Medicare wipe out state finances?


56 posted on 06/10/2017 8:49:37 PM PDT by steve86 (Prophecies of Maelmhaedhoc O'Morgair (Latin form: Malachy))
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To: steve86

Medicaid.


57 posted on 06/10/2017 9:10:14 PM PDT by Wolfie
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To: steve86

Considering they passed a 400 billion dollar piece of hcare legislation without any concern how it will be funded, they have an excellent chance at it.


58 posted on 06/10/2017 9:37:54 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Wolfie

It’s hard to see how even block-granted Medicaid funds would do that.


59 posted on 06/10/2017 9:38:14 PM PDT by steve86 (Prophecies of Maelmhaedhoc O'Morgair (Latin form: Malachy))
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To: Secret Agent Man

If that really goes through to become law.


60 posted on 06/10/2017 9:39:22 PM PDT by steve86 (Prophecies of Maelmhaedhoc O'Morgair (Latin form: Malachy))
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