Chicago Watch: Bond Downgrades and Secret Borrowing – Stump

By actuary Mary Pat Campbell.
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Sanity please
2 months ago

I saw it happen in Detroit in the eighties
it is repeating now in Chicago. The bond market will start to freeze up, no more borrowing
bubkus. The state won’t help because it also is
insolvent. Washington forget about it.
Better pick your spot on either State Street
or Michigan Ave. to sell your apples.

David F
2 months ago

I’m sure legalizing prostitution in Chicago casino’s will help with the budget :O

Call my shrink
2 months ago
Reply to  David F

As soon as the johns see the head tax ,they’ll be back to trolling the streets

Tommy Paine
2 months ago
Reply to  Call my shrink

No pun intended!

The Railroader
2 months ago
Reply to  Call my shrink

Ba dum tsssssss….

Truth in Cook County
2 months ago

Mart Pat’s article is several notches above what the “ mainstream” traditional Chicago media can publish. Clear and to the point. Unfortunately it points out how the city’s financial situation is a 10 mph freight train that is not stopping until financial destruction. Who wants to hang around in the city waiting for that?

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