Illinois borrows more from Fed as lending program nears expiry – Reuters
Wirepoints Original Stories
Illinois’ COVID-19 data: Daily update for Jan. 21, 2021 – Wirepoints
Daily COVID-19 data update for January 21, 2021. Includes new data on vaccinations in Illinois.
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How Illinois can save more lives by vaccinating the elderly first and how the inconsistency of Illinois’ lockdown rules create more chaos – Wirepoints on AM 560’s The Morning Answer
Ted was on AM 560's The Morning Answer this week talking about how Illinois can save more lives by giving the elderly the COVID vaccine before any other group, the inconsistency of Illinois' destructive lockdown rules, and how Illinois' leadership doesn't appear to have any real plan to bring the COVID crisis to an end.
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The Feds may force well-run states to bail out Illinois, Iawmakers’ emboldened spending, and Pritzker’s failed $500 million business tax hike. – Wirepoints on AM560’s Black and Right with John Anthony
Ted was on Black and Right with John Anthony this week talking about the how the Biden stimulus will ultimate force taxpayers in well-run states to pay for Illinois' self-inflicted crises, how Madigan's departure might hasten Illinois' decline because big-spending politicians have more power, and lawmakers' failure to pass Pritzker's $500 million tax hike on businesses.
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Want to save more Illinoisans from COVID? Vaccinate the elderly first. – Wirepoints
Now that vaccines are finally available, Pritzker is including a host of “essential workers,” at the same level of priority as the elderly and calling it an “equity-centric vaccination approach.” It’s a huge mistake to give all those groups equal priority.
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Proposal To Expand CTU Strike Power Would Betray History – Wirepoints
Those who don’t learn from history are doomed to repeat it, it’s often said. But what can we say about undoing a history lesson already learned?
As I always ask … timelines please … prediction time. Go.
When does the Fed say, “sorry, the window is shut?” There is zero chance they are getting paid back anytime soon. What are the strings attached to the loans? Do these loans supercede other loans? Would be interesting to know since this hasn’t ever happened at this scale before.
I have heard a 3 year payback window.
It is smart for IL to load up on as much free money as much as possible before the default. I don’t think we are heading towards a bankruptcy.. We are heading for a hard default. The rest of the country are a bunch of suckas for giving it to us.
You mean IL is just going to give it all up? What exactly is your thesis, I’m interested. Thanks.
When you say “the rest of the country”, you really mean Republican states. All democrap states are broke.
Face it, the smart ones already left IL.
The fed needs to kiss this money goodbye.
That ship has sailed — the Fed had already took over 4 trillion onto their books via QE following the 2008 crisis, and it stayed there. Illinois isn’t the only house of cards you have to worry about.
Honest question: given this is a loan where does this loan rank in terms of priority in the capital stack? Ahead of bondholders and/or pension holders? If I were them I would not be too happy about getting primed…
The only state to borrow sad so extremely sad, judgement day is forthcoming for this states politicians and pensions game over boys and girls.