"The state can no longer function without a responsible and complete budget without severely impacting our core obligations and decimating services to the state’s most in need citizens. We must put our fiscal house in order. It is already too late. Action is needed now."
Illinois State Comptroller says the State is effectively bankrupt.
Play stupid games....
It looks like the can kicking may be approaching the end of the road. And once that first big domino falls...
She is currently awaiting a reply. Meanwhile she is now out on the public sidewalk with a cardboard box for donations and a sign that reads, My state went bankrupt. Please help $$$$
Illinois has finally run out of other peoples’ money.
Hmmm. Some questions:
What political party guided the economic policies of that state?
What political party guided the economic policies of Puerto Rico?
Is that political party changing their policies?
If that political party implements those policies in other states, will those states experience the same outcome?
Why would that political party attempt to implement those policies when the result is completely predictable at this point?
Why only an excerpt?
Is the letter “classified”?
Did she copywrite it?
What’s the big deal? Just increase taxes on the rich and corporations. It’s really not their money anyway.
And then do it again when you need to.
The real crisis won’t hit until those necessary and well justified taxes near the 100% mark.
And when that happens just pass the laws necessary to permit the state to seize property.
This isn’t Rocket Science. It’s Socialism. That’s just how it works. Time to get with the program Illinois.
I’m sure that Illinois was counting on Hillary Obama to win the election and come to its rescue.
The corrupt partisan media, in concert with the equally corrupt politicians, accuses the governor of failing to negotiate.
This is a damnable lie.
One man has been in charge in Illinois for over 30 years: Michael Madigan.
He controls the machine, and is responsible for the mess the state is in.
He has the media by the short hairs (they all agree with him, and if they don’t he cuts off access).
Madigan’s daughter is the state Attorney General, and Madigan himself runs a lucrative zoning appeals law office in Chicago.
Nothing will change until Madigan decides it will change.
But you will never, ever hear his name spoken or mentioned in the media as being the problem.
There are several nice buildings on the various state university campuses that I’d like to turn into condos, and several state parks would make excellent housing estates. I wouldn’t mind getting a piece of the off-track betting action, too.
Oh. And I’ve always had my eye on that Picasso in front of Chicago’s city hall.