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| Economy |
| Moody's cuts Cook County bond rating |
| 2013-08-17 |
| [Chicago Tribune] Slipping, slipping, slipping GONE ! |
| Posted by:Besoeker |
| #6 Kidding aside, this shall lead to a higher risk-premium being required by and paid to future bond purchasers, which shall result in higher taxes, which shall result in more taxpayers abandoning the county, which shall, as the cycle circles and, eventually enters, the drain, result in Detroit West.... |
| Posted by: Uncle Phester 2013-08-17 22:46 |
| #5 ....where the taxpayers still get 2 pols for the price of 3....! |
| Posted by: Uncle Phester 2013-08-17 22:36 |
| #4 "What can't go on, won't" - da' Blogfadder |
| Posted by: Barbara 2013-08-17 12:18 |
| #3 You know these are terribly one sided pension plans when they pass additional laws that say you cannot change the one sided deal in the future. Total default is the only way to hit the reset button on these 'never able to fund' future liabilities. |
| Posted by: airandee 2013-08-17 10:52 |
| #2 Excuse me whilst I oil up the Givadamothon. |
| Posted by: USN, Ret. 2013-08-17 10:48 |
| #1 After Detroit bankruptcy goeths NYC = First City goesth the Second City as well. Not looking good for Californey + ex- "Mr. Linda Ronstadt" Governor Jerry Brown. |
| Posted by: JosephMendiola 2013-08-17 00:08 |