And, like Puerto Rico, Illinois will be looking for a Federal bailout and will receive one. The bigger the failure and cronyism, the bigger the bailout. It is coming.
And, like Puerto Rico, Illinois will be looking for a Federal bailout
************
Once the first bailout happens, other liberal states will get in the conga line for assistance. Many pension funds are already in serious trouble.
Don’t bet on it. The feds will not be underwriting overpaid bureaucrats and their pensioned off kin.