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2015-05-13 Economy
Chicago's credit downgraded to junk
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Posted by DarthVader 2015-05-13 10:46|| || Front Page|| [3 views ]  Top

#1 With almost every country, state/province and city in the world trying to spend their way to prosperity.... makes me wonder what will happen when the whole world realizes it is in debt up to its eyeballs and no way to get out from under it and confidence in the governments and financial institutions completely fail.
Posted by DarthVader 2015-05-13 10:48||   2015-05-13 10:48|| Front Page Top

#2 Interest rates will rise...

Don't be in debt when that happens.
Posted by Bright Pebbles 2015-05-13 13:43||   2015-05-13 13:43|| Front Page Top

#3 Illinois industry MUST PAY! Toll road increases all around. Visit and travel visa's. Nationalization and seizure of farms over 150 acres. Think people, THINK !
Posted by Besoeker 2015-05-13 14:11||   2015-05-13 14:11|| Front Page Top

#4 Junk? That would be a step up.
Posted by gorb 2015-05-13 14:24||   2015-05-13 14:24|| Front Page Top

#5 Moody’s has now downgraded the city of Chicago’s bonds to a rating of Slightly Less Valuable Than Gum Wrappers. (From the editorial board of the Chicago Tribune.)

Heading towards Detroit realm. Too many grifters and takers sucking off the public teet. Too many crooked politicians--but then I repeat myself.
Posted by JohnQC 2015-05-13 15:11||   2015-05-13 15:11|| Front Page Top

#6 coinciding with the formal announcement of the Barack Obama Honey Bucket and Presidential Library being built there (on public property) it all makes sense.....
Posted by USN, Ret. 2015-05-13 15:23||   2015-05-13 15:23|| Front Page Top

#7 Chicago Obama Library location announcement and Chicago's downgrade to junk is not related.
Posted by Ebbomosh Hupemp2664  2015-05-13 17:27||   2015-05-13 17:27|| Front Page Top

#8 Per Josh
Posted by Ebbomosh Hupemp2664  2015-05-13 17:28||   2015-05-13 17:28|| Front Page Top

#9 @#7: My previous comment was sarc EH2664. Next time I will add the /Sarc to ensure no misunderstanding.........
(wanted to add something about typing slower next time, but decided against it)
Posted by USN, Ret. 2015-05-13 18:00||   2015-05-13 18:00|| Front Page Top

#10 "Don't be in debt when that happens."

Don't be the second guy to panic.
.
Posted by OregonGuy 2015-05-13 18:20|| http://oregonguythinks.blogspot.com/  2015-05-13 18:20|| Front Page Top

#11 USN, Ret. I believe everything you say.

I heard the library will display at least 8 different versions of his birth certificate. As proof to skeptics.
Posted by Ebbomosh Hupemp2664  2015-05-13 20:20||   2015-05-13 20:20|| Front Page Top

#12 CHICAGO-VS-DETROIT is officially now CHICAGO-N-DETROIT.

Will current US SecState, future POTUS? John "I'm Presidential" Kerry get to implement his favored Great Lakes FTZ-SEZ between the US, Canada, and ....???
Posted by JosephMendiola 2015-05-13 22:49||   2015-05-13 22:49|| Front Page Top

23:21 Whiskey Mike
23:08 JosephMendiola
23:05 JosephMendiola
23:03 JosephMendiola
22:49 JosephMendiola
20:55 JosephMendiola
20:54 JosephMendiola
20:50 Blossom Unains5562
20:47 BrerRabbit
20:34 Glenmore
20:30 Ebbomosh Hupemp2664
20:28 Airandee
20:24 CrazyFool
20:20 Ebbomosh Hupemp2664
20:12 Airandee
20:06 Airandee
19:58 Silentbrick
19:53 SteveS
19:34 Classer
19:18 SteveS
19:03 Blossom Unains5562
18:31 CrazyFool
18:27 swksvolFF
18:20 OregonGuy









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