Article

2017-06-27 Economy

Buchanan: Are Illinois & Puerto Rico Our Future?

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Posted by Besoeker 2017-06-27 06:57|| || Front Page|| [11129 views ] Top

#1 The Fred says yes. Obama ran up the debt like a gambling addict with a credit card in Las Vegas. You'd almost think he believed in the Cloward–Piven strategy.

Posted by JohnQC 2017-06-27 08:23|| 2017-06-27 08:23|| Front Page Top

#2 But statehood inside the USA is something Uncle Sam decides.

I'm sure the whiners will try another end around in the judiciary (which just seems to love the accumulation of power), but Congress has repeatedly set requirements for statehood.

Posted by Procopius2k 2017-06-27 08:31|| 2017-06-27 08:31|| Front Page Top

#3 Yes it is. Unless we can control our spending and keep the entitlements where they are or cut them, we are in for a world of hurt down the line. You can already start to see the fabric starting to come undone and if it isn't patched or the pressure reduced, it will tear and then all hell will break loose.

Posted by DarthVader 2017-06-27 09:12|| 2017-06-27 09:12|| Front Page Top

#4 Seems like a fair trade.

Posted by Skidmark 2017-06-27 09:39|| 2017-06-27 09:39|| Front Page Top

#5 We need balanced budget amendments at the State and Federal level.

What is the point of having a Libertarian party if they can't push this sort of thing every election in every state until they gain some traction.

Posted by rjschwarz 2017-06-27 10:13|| 2017-06-27 10:13|| Front Page Top

#6 Whatis the point of having a Libertarian party if they can't push this sort of thing every election in every state until they gain some traction.

Maybe they'll get to it after pushing for marijuana-legalization?

Posted by Pappy 2017-06-27 11:19|| 2017-06-27 11:19|| Front Page Top

#7 The federal & state debt levels are now so high there seems to be no way they will ever be paid down. Unless perhaps a meteorite composed of a huge amount of precious metals and rare earths wipes out DC during a joint session of Congress.
We are a federation of banana republics. Yes, we have no bananas.

Posted by Anguper Hupomosing9418 2017-06-27 11:49|| 2017-06-27 11:49|| Front Page Top

#8 It is if the Federales bail them out. Let IL declare bankruptcy and the creditors try to seize state assets. Let them both feel pain, esp so that creditors become more careful to whom they lend.

Posted by Whusoque Flinemble2273 2017-06-27 12:11|| 2017-06-27 12:11|| Front Page Top

#9 Does history records any welfare state that didn't end in bankruptcy?

Posted by g(r)omgoru 2017-06-27 12:48|| 2017-06-27 12:48|| Front Page Top

#10 Pretty soon you run out of other people's money

Posted by Warthog 2017-06-27 20:04|| 2017-06-27 20:04|| Front Page Top

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