Wirepoints’ Mark Glennon guest on AM560 with Chris Krok discussing CTU lawsuit agains Illinois Policy and more
August 19, 2026
6 Comments
Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Illinois paid the price for embracing Fauci’s “science.” Here’s the retrospective.
With 100% of risk to be born by taxpayers in the age of covid..with zero cuts, zero layoffs, zero risk for the gov class….what could possibly go wrong? What moral hazard?…debts for dummies
Leave Chicago and Illinois ASAP.
Nothing but greed government workers and CROOKS.
This strategy is akin to a retail investor trading stocks on margin. It doesn’t end well especially when your carrying cost is 6% to break even. Question though, to lower their costs why not go out further on the yield curve, could Chicago presumably offer up a 50 year, 70 year bond? Maybe the real question is who would buy these PO(S) bonds anyway. Eventually your credit runs out!
They only way Chicago could lower its borrowing costs is to back the bonds with sales tax revenue. GO bonds would carry a higher interest rate