Unfortunately bailouts may happen if our current president is not reelected. Mismanagement and misappropriations of public funds in Illinois is not a crime but is considered a badge of honer (more like dishonor) among pols. In the 2008 mortgage crisis lending companies added 0’s to monthly income without proof on income so that people could qualify. Nothing much happened to them. Programs like HARP and others were instituted so people who were totally irresponsible with finances were getting bailed out. In some of the programs people were getting $50K or more who were underwater with their mortgages and those who… Read more »
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Unfortunately bailouts may happen if our current president is not reelected. Mismanagement and misappropriations of public funds in Illinois is not a crime but is considered a badge of honer (more like dishonor) among pols. In the 2008 mortgage crisis lending companies added 0’s to monthly income without proof on income so that people could qualify. Nothing much happened to them. Programs like HARP and others were instituted so people who were totally irresponsible with finances were getting bailed out. In some of the programs people were getting $50K or more who were underwater with their mortgages and those who… Read more »