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Tom Paine's Ghost

Connecticut will fail first. Then bond prices will skyrocket. Then states like Illinois, NY and California (and Chicago plus thousands of other municipailities) will see their credit cards shut off and will be unable to make payroll. Then the whole house of cards comes down. The AFSCAME, IFT/CTU, SEIU scam somes to an end.

Congress wont have any options here. Even bleeding heart Democrats will be faced with a potential bailout so many times larger than the 2008 financial crisis that they will be helpless to try and save their criminal co-conspirators. End of Public Sector Unions.

debtsor

We are a long way from this, unfortunately.

world with end

Now, the kicking and screaming begins.