Illinois debt is now at near junk status. Chicago Schools can't roll their debt and Chicago doesn't have the credit to backstop them. The state is hemorrhaging taxpayers and population. The current 'reform' governor is totally stymied by the Chicago Machine that nurtured Barack Obama who I note isn't interested in moving 'back home'.
I'm afraid the shiny towers on the lake have lost their luster amidst the longest orgy of political corruption in America's history. But never fear Land of Lincoln, California, New York, New Jersey and Connecticut are not far behind. What will happen to the Democrats when their biggest power centers are all embroiled in massive debt crises?
We will need a lot of popcorn for this one.
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