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  • 2A_Tom

    Crotchety old member!
    Site Supporter
    Rating - 100%
    3   0   0
    Sep 27, 2010
    26,050
    113
    NWI
    It hurts to read the comments.

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    It hurts to read the comments.

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    Wow, What is that?

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    Wow, What is that?
     

    Leadeye

    Grandmaster
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    4   0   0
    Jan 19, 2009
    36,870
    113
    .
    As big as the numbers look they will have to steal from themselves or get a federal bailout or both. I remember the NYC bankruptcy back in the 70s, it got a lot more press. Big media doesn't want to discuss this one.
     

    Butch627

    Master
    Rating - 100%
    24   0   0
    Jan 3, 2012
    1,712
    83
    NWI
    The way I understand it cities can declare bankruptcy but states can not. Republicans in Illinois are just a different shade of blue.
     

    renauldo

    Sharpshooter
    Rating - 100%
    20   0   0
    Jul 7, 2013
    320
    28
    2 close 2 Illinois
    50 years ago I lived in Gresham, in Chicago. Unbelievable whats happening there now. I follow a Chicago Police Blog to keep up on what's going on Father Pfleger's part of town. He's a radical priest who's parish is the Gresham neighborhood. I wonder if this excerpt from that blog holds water.

    vnHgWdN.jpg
     
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    BugI02

    Grandmaster
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    0   0   0
    Jul 4, 2013
    32,140
    149
    Columbus, OH
    When I was growing up in upstate NY, NYC used to want to be the 51st state and we used to do whatever we could to encourage them. It took a spin right across the edge of the drain (hours away from bankruptcy 1975) to remind them that they "cared" about the rest of the state

    Cut Chicago loose and let it implode
     

    DeadeyeChrista'sdad

    Grandmaster
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    36   0   0
    Feb 28, 2009
    10,110
    149
    winchester/farmland
    That sort of echoes my thought on the subject. If the city states really think they're so big and independent, let them prove it. Make new states out of them and let them carry their own weight without burdening the "country bumpkins" around them.
     

    BugI02

    Grandmaster
    Rating - 0%
    0   0   0
    Jul 4, 2013
    32,140
    149
    Columbus, OH
    I've since realized that we don't want that many new democratic senators gumming up the works

    Better strategy is like siegecraft; legislatively wall in their ability to tax to affect only their own environs, limit federal assistance, and let them learn to live within their means. A good place to start might be municipal income taxes
     

    BugI02

    Grandmaster
    Rating - 0%
    0   0   0
    Jul 4, 2013
    32,140
    149
    Columbus, OH
    What if we made them protectorates like Guam and Puerto Rico?

    Puerto Rico was already well along the road to ruin even before Maria. It may arguably have been farther gone than Chiraq

    ETA: Public sources list Puerto Rico debt per capita of $15637, while Chicago's is only $12400. Clearly making them protectorates does not cure the worst excesses
     
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