Chicago credit rating downgraded over operating deficits – CBS2 (Chicago)

In a statement, Fitch said the downgrade is due to disagreements between the Johnson administration and the City Council, adding that the disagreements have "impeded decision timeliness and the development of a credible and comprehensive plan to restore structural balance."
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Call my shrink
3 months ago

Thank Stacey and the CTU for getting this clown elected

Sanity please
3 months ago

Mayor pinhead and friends should really
stop using the LSD and magic shrooms.
That sh.. has cooked their brains.
Pinhead is boarding the last train to Palookaville.
” All Aboard”.

Fed Up Taxpayer
3 months ago

Until the supporting bond markets completely withhold issuing new debt and stop picking up the unsold issuance balances, this will change nothing. After all, these are CPS leaders and they don’t know the difference between an A, B or C because they always get a pass.

Free at Last
3 months ago

Just curious. According to that fat pig that calls itself your governor and the mental defective that calls itself your mayor, is Fitch a bunch of carnival barkers? It’s hard to believe that any functional humans voted for either of these two piles, leave alone the rest of the miscreants you genius’ continue to elect.

The Railroader
3 months ago

See-BS Snooze dumbs down the issue facing Chicago’s finances as some sort of ‘disagreement’. The S.S. City of Chicago had its keel torn open by Mayor Richard M. Daley’s overspending and mortgaging of assets. Subsequent Mayors let the flooding continue. Not to be outdone, Mayor Lori Lightweight and Mayor Cliff Notes tried to let the water out of the ship by drilling massive financial holes in its hull: Mayor Lightweight let the thug element and Antifa knuckleheads drive businesses out of The Loop. Mayor Cliff Notes let the CTU dictate policy. The stern is out of the water. Pretty soon,… Read more »

Last edited 3 months ago by The Railroader
Fullbladder
3 months ago
Reply to  The Railroader

Mayor Lightweight let the thug element and Antifa knuckleheads drive businesses out of The Loop.”
That’s what I believe, her indifference to the business district, nearly cheering on its destruction, was the beginning of the end.

The Railroader
3 months ago
Reply to  Fullbladder

When a ship starts to sink, the change in trim is hardly noticeable. The holes in the hull almost imperceptibly fill inner spaces. Those aboard don’t even realize that buoyancy has been compromised. Such was the S.S. City of Chicago during Richard M. Daley’s time in office. Above the waterline, the ship looked just fine. Below decks, shipboard personnel were already aware of a serious problem. Their paychecks cleared, so they went about their more mundane duties. The Rahmfather’s time as skipper was marked by ‘Naah, it’ll be fine.’ management of the problem. Lori Lightweight thought that opening the hull… Read more »

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