“Illinois borrowing from the Fed a second time is a real signal of just how deep this state’s problems are.” – Ted on the Coffee and a Mike Podcast

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Poor Taxpayer
3 years ago

Years ago I had a friend that would always “Borrow Money” and never pay it back.

Juicy Smollier
3 years ago
Reply to  Poor Taxpayer

How many years do you think it’ll take before no services in Chicago with increased taxes? = riots, duh – or tax revolt

Mr_Common_Sense
3 years ago

INCOMPETENCE + CORRUPTION = BANKRUPTCY

CHICAGO AND THE STATE OF ILLINOIS.

3 years ago

Hmm it seems like your blog ate my first comment (it was super long) so I guess I’ll just sum it up
what I had written and say, I’m thoroughly enjoying your blog.
I as well am an aspiring blog blogger but I’m still new to everything.
Do you have any suggestions for first-time blog writers?
I’d certainly appreciate it.

Tom H
3 years ago

Great talk Ted. All these feel good lefty’s can’t run from the facts. The numbers don’t lie (unlike JB). Everyone is going to suffer greatly the more these Pols wait and it will be mostly the pensioners. The average pensioner needs to understand how bad their management has failed them, cause the pension is a promise motto won’t get you very far!!!

Poor Taxpayer
3 years ago

They are in Deep Schitt.

Ex Illini
3 years ago

JB is really counting on a bailout. It is disgusting.

Juicy Smollier
3 years ago
Reply to  Ex Illini

I love it because for all the problems he and his ilk have caused, the sweetest revenge will be seeing him shittin’ his pants as the results come in on November 3rd, Trump flushing that fat ass down the toilet.

Last edited 3 years ago by Juicy Smollier
Curious Karl
3 years ago
Reply to  Ex Illini

I agree, this is just absurdly handled. Past Illinois administrations looted a rich system to fund their own corruption and the only way to dig out has been stymied time and again. Now the only solution is to ignore the future implications and get a bailout.

This would be fine if it did reset the value to zero, but it won’t.

Mike
3 years ago

Borrow till you blow up.

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