Mayor Johnson’s Budget Sinking Chicago Further Into Debt After Credit Agency Downgrades – Chicago Contrarian

Civic Federation President Joe Ferguson blasted city officials for Johnson’s financial disaster. In a statement, he said, "The Civic Federation takes no pleasure in yesterday's news that two rating agencies have downgraded the City's credit rating. A credit downgrade is not just symbolic; it indicates real financial consequences and long-term ramifications for not just the City but its residents."
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The Railroader
1 month ago

Nice of the Day Drinkers of the Civic Federation to finally sober up enough to notice that the stern of the good ship Chicago is out of the water and the bow has already vanished. The Day Drinkers took pleasure when bond ratings agencies insanely notched up Chicago’s credit rating even as Mayor Cliff Notes and his band of merry kleptocrats ran out of things they could employ to try and confiscate more taxpayer cash.

Welcome aboard, Day Drinkers. Can you tread water?

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