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Interesting article, Is Chicago going to follow Detroit into bankruptcy? Article is long.http://apps.chicagotribune.com/bond-debt/
The one thing that stuck out for me in this article - 'the city can borrow unlimited amounts without a vote?
Quote from: rustybayonet on December 10, 2013, 08:41:22 AMThe one thing that stuck out for me in this article - 'the city can borrow unlimited amounts without a vote?Welome to demoncrap Chitago.
Quote from: oldcoastie6468 on December 10, 2013, 09:16:45 AMQuote from: rustybayonet on December 10, 2013, 08:41:22 AMThe one thing that stuck out for me in this article - 'the city can borrow unlimited amounts without a vote?Welome to demoncrap Chitago.Prez Skittles trying to get the same.
I read the piece. All too rare work by the Tribune, which largely ignored these things when Daley was in office. Daley's "legacy" only gets worse looking. How are we going to stop politicians from kicking the can down the road?