Could Illinois be the first state to file for bankruptcy?

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SDHornet
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Re: Could Illinois be the first state to file for bankruptcy?

Post by SDHornet »

Chizzang wrote:
Jjoey52 wrote:According to your list Illinois is doing great too as they are not on it. At least many of the states were n this list are not going bankrupt like Illinois and soon to be followed by Cali.
Joey,
The list is a GDP list (that anyone can find on the Dot.Gov sites)
It's the bottom producing states - NOT NECESSARILY - states about to go bankrupt

I was simply making a point that California is a very large producer
and because of that it will be almost impossible for it to go bankrupt
In fact last year California had a net surplus

again:
Please do some research
So you don't sound so uninformed
*When not factoring in the pension deficit.
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Re: Could Illinois be the first state to file for bankruptcy?

Post by BDKJMU »

Speaking of CA, what a bunch of libtards...Have now banned publicly funded travel to 8 red states.
http://www.sacbee.com/news/politics-gov ... 88724.html
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Re: Could Illinois be the first state to file for bankruptcy?

Post by Chizzang »

BDKJMU wrote:Speaking of CA, what a bunch of libtards...Have now banned publicly funded travel to 8 red states.
http://www.sacbee.com/news/politics-gov ... 88724.html
Does that hurt your feelings snowflake..?


:lol:
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Re: Could Illinois be the first state to file for bankruptcy?

Post by Col Hogan »

Chizzang wrote:
BDKJMU wrote:Speaking of CA, what a bunch of libtards...Have now banned publicly funded travel to 8 red states.
http://www.sacbee.com/news/politics-gov ... 88724.html
Does that hurt your feelings snowflake..?


:lol:
Help me understand...is today the one you took your meds...or is today the one you skipped them?

:coffee:
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Re: Could Illinois be the first state to file for bankruptcy?

Post by Chizzang »

Col Hogan wrote:
Chizzang wrote:
Does that hurt your feelings snowflake..?


:lol:
Help me understand...is today the one you took your meds...or is today the one you skipped them?

:coffee:
Meh...
BDKJMU and Alphagriz are the two toughest talkin' guys on the forum
Turns out they're actually very sensitive and delicate
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Re: Could Illinois be the first state to file for bankruptcy?

Post by houndawg »

My money says ALPO whups BDKPCKs sissy boy east coast behind. I'm a good judge of these things.
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Re: Could Illinois be the first state to file for bankruptcy?

Post by BDKJMU »

Chizzang wrote:
BDKJMU wrote:Speaking of CA, what a bunch of libtards...Have now banned publicly funded travel to 8 red states.
http://www.sacbee.com/news/politics-gov ... 88724.html
Does that hurt your feelings snowflake..?


:lol:
Au contraire..silly libtards are comic relief.. :nod:
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Re: Could Illinois be the first state to file for bankruptcy?

Post by Chizzang »

BDKJMU wrote:
Chizzang wrote:
Does that hurt your feelings snowflake..?


:lol:
Au contraire..silly libtards are comic relief.. :nod:
Just checking
You seemed offended by states rights...
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Re: Could Illinois be the first state to file for bankruptcy?

Post by Jjoey52 »

Nah, just seeing stupidity in action


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Re: Could Illinois be the first state to file for bankruptcy?

Post by Chizzang »

Jjoey52 wrote:Nah, just seeing stupidity in action
Joey,
So far you've been this forums prime example of "stupidity in action"

:lol:
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Re: Could Illinois be the first state to file for bankruptcy?

Post by BDKJMU »

"Illinois could be 1st state with 'junk' credit due to budget

CHICAGO (AP) — Illinois is on track to become the first U.S. state to have its credit rating downgraded to "junk" status, which would deepen its multibillion-dollar deficit and cost taxpayers more for years to come.

S&P Global Ratings has warned the agency will likely lower Illinois' creditworthiness to below investment grade if feuding lawmakers fail to agree on a state budget for a third straight year, increasing the amount the state will have to pay to borrow money for things such as building roads or refinancing existing debt.

The outlook for a deal wasn't good Saturday, as lawmakers meeting in Springfield for a special legislative session remained deadlocked with the July 1 start of the new fiscal year approaching.
That should alarm everyone, not just those at the Capitol, said Brian Battle, director at Performance Trust Capital Partners, a Chicago-based investment firm.

"It isn't a political show," he said. "Everyone in Illinois has a stake in what's happening here. One day everybody will wake up and say

'What happened? Why are my taxes going up so much?'"

Here's a look at what's happening and what a junk rating could mean:..........."
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Re: Could Illinois be the first state to file for bankruptcy?

Post by BDKJMU »

I realize some people are stuck in IL now due to family or career, like UNI88, but anyone who would move to IL now or in the near future should have their head examined...
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Re: Could Illinois be the first state to file for bankruptcy?

Post by Jjoey52 »

Chizzang wrote:
Jjoey52 wrote:Nah, just seeing stupidity in action
Joey,
So far you've been this forums prime example of "stupidity in action"

:lol:
If you say so, o wise one.


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