Another Win for Illinois: Now Worst Debtor State
On the same day that it was reported that the checks sent to Illinois lottery winners had bounced, another more serious announcement was made. Moody’s investment service had cut the state’s credit rating from A1 to A2 making the Land of Lincoln the worst state in the union… again.
Now Illinois has the lowest credit rating of any state thanks to its inability to solve is increasing pension debt problems, its over spending, and its other overwhelming financial problems.
A second service, Standard & Poor’s, ranked only California lower than Illinois.
The Democrat Party has destroyed the state. There won’t be any fixing this until the politicians have been chastened and the Democrat Party is shaken from power. Further it won’t happen until the state’s Republican Party finally stops being the Democrat’s handmaidens, supping on the scraps from the Democrat’s table and starts acting like a real Republican Party.
Unfortunately, I don’t see that happening until the state utterly crashes and burns. Imagine the whole state like Detroit. Then you’ll start to see what I mean.
Warner Todd Huston
Warner Todd Huston is a Chicago-based freelance writer, has been writing opinion editorials and social criticism since early 2001 and is featured on many websites such as Andrew Breitbart's BigGovernment.com, BigJournalsim.com and all Breitbart News' other sites, RightWingNews.com, CanadaFreePress.com, and many, many others. Additionally, he has been a frequent guest on talk-radio programs across the country to discuss his opinion editorials and current events as well as appearing on TV networks such as CNN, Fox News, Fox Business Network, and various Chicago-based news programs. He has also written for several history magazines and appears in the book "Americans on Politics, Policy and Pop Culture" which can be purchased on amazon.com. He is also the owner and operator of PubliusForum.com. Feel free to contact him with any comments or questions : EMAIL Warner Todd Huston and follow him on Twitter, on Google Plus , and Facebook.