Bankrupt Illinois Wants to Borrow More Money to Get Out of Debt

http://wqad.com/2017/07/13/illinois-strategy-for-digging-out-of-debt-taking-on-more/ SPRINGFIELD, Ill. (AP) — Illinois lawmakers who recently ended the longest fiscal standoff of any state since the Great Depression are counting on an ironic strategy to dig out of mountains of debt: borrowing even more money. It’s an unorthodox approach considering deficit spending largely created the mess and Illinois’ worst-in-the-nation credit rating makes borrowing inordinately expensive. However, supporters say it’s the best way to begin to erase $14.6 billion in overdue payments to vendors and service providers. Twitter @HollySeeliger Support me on Patreon https://www.patreon.com/hollyseeliger Support me on Paypal via my email "holly.danger@live.com" or click "donate to paypal" button on my homepage. I love Patreon and Paypal subscription donations in sums of $7 or $14 (my lucky numbers!) You can also send letters and checks to: Holly Seeliger P.O. Box 5185 Portland, ME 04101

TARGET AD 2
2017/07/28 Holly Seeliger's Zoon Politikon   Share on Facebook

RELATED VIDEOS

UnSpun104–Holly Seeliger: "Harvard
Play Video

UnSpun104–Holly Seeliger: "Harvard's Darkest Secret" The Salem Witch Trials

2018/02/17
Illinois Pensions A Disaster
Play Video

Illinois Pensions A Disaster

2017/07/28
Seth Rich Murder Updates
Play Video

Seth Rich Murder Updates

2018/02/18
Dobbs: Trump shouldn’t bailout Illinois
Play Video

Dobbs: Trump shouldn’t bailout Illinois

2017/06/29
Why Millenials (including us) Have Left Illinois in Droves
Play Video

Why Millenials (including us) Have Left Illinois in Droves

2017/07/01
Chicago
Play Video

Chicago's Debt Disaster

2017/06/21
5G Weapons Being Used During the Olympics!
Play Video

5G Weapons Being Used During the Olympics!

2018/02/15
Why Illinois is dead broke
Play Video

Why Illinois is dead broke

2017/03/20
Get Me OUT of Illinois!
Play Video

Get Me OUT of Illinois!

2017/01/12
Soros Calls for EU to "Break" Facebook
Play Video

Soros Calls for EU to "Break" Facebook

2018/02/16
The 10 Worst Cities In Illinois Explained
Play Video

The 10 Worst Cities In Illinois Explained

2016/08/01
Rosatom CFO Dies in Plane Crash as "Uranium One" Scandal Explodes
Play Video

Rosatom CFO Dies in Plane Crash as "Uranium One" Scandal Explodes

2018/02/12
Considering Leaving Bankrupt Illinois | Any Suggestions on Where To Go?
Play Video

Considering Leaving Bankrupt Illinois | Any Suggestions on Where To Go?

2017/06/30
Why Are People Leaving Illinois?
Play Video

Why Are People Leaving Illinois?

2017/03/16
Illinois Tax Increase: Mentally Ill and Morally Bankrupt
Play Video

Illinois Tax Increase: Mentally Ill and Morally Bankrupt

2017/07/03
Proof City Of Chicago Is Bankrupt using Water Bills over charges to meet obligations
Play Video

Proof City Of Chicago Is Bankrupt using Water Bills over charges to meet obligations

2017/07/14
Dixon Illinois Flood Footage from July 22nd 2017 - Drone Footage
Play Video

Dixon Illinois Flood Footage from July 22nd 2017 - Drone Footage

2017/07/23
Breaking! Oxfam and other NGOs Caught Human Trafficking in Haiti #ClintonFoundation
Play Video

Breaking! Oxfam and other NGOs Caught Human Trafficking in Haiti #ClintonFoundation

2018/02/10
Cincinnati Judge Convicted of Child Trafficking
Play Video

Cincinnati Judge Convicted of Child Trafficking

2018/02/14
JOE MESSINA  |  California Collapse Is Near
Play Video

JOE MESSINA | California Collapse Is Near

2017/04/06
Blockchains LLC and Tesla
Play Video

Blockchains LLC and Tesla's Neofeudal "Emerald City" Smart City

2018/02/06
Plan to Dissolve Bankrupt State of Illinois
Play Video

Plan to Dissolve Bankrupt State of Illinois

2017/06/22
Possibility of Illinois Bankruptcy
Play Video

Possibility of Illinois Bankruptcy

2017/06/17
Bankrupt Illinois To Be Broken Up And Dissolved Into Neighbor States?
Play Video

Bankrupt Illinois To Be Broken Up And Dissolved Into Neighbor States?

2017/06/23
Tax Breaks for General Dynamics as Ships Break Down
Play Video

Tax Breaks for General Dynamics as Ships Break Down

2018/02/08
States Propose Microchip Implants to Combat Drug Abuse
Play Video

States Propose Microchip Implants to Combat Drug Abuse

2018/02/13
The Illinois Budget Crisis in Context
Play Video

The Illinois Budget Crisis in Context

2017/01/24
Illinois Faces Mass Exodus and Bankruptcy Status
Play Video

Illinois Faces Mass Exodus and Bankruptcy Status

2018/01/30
Illinois BANKRUPTCY caused by BIG PHARMA!
Play Video

Illinois BANKRUPTCY caused by BIG PHARMA!

2017/07/05
Broke Illinois Has Over 60,000 Government Employees With $100,000 Plus Salaries
Play Video

Broke Illinois Has Over 60,000 Government Employees With $100,000 Plus Salaries

2017/07/18
Geoengineering, the Hegelian Dialectic, and The Art of War
Play Video

Geoengineering, the Hegelian Dialectic, and The Art of War

2018/02/04
Illinois financial COLLAPSE draws near
Play Video

Illinois financial COLLAPSE draws near

2017/06/28
Illinois Will COLLAPSE! Guess Who Is Next! Say Goodbye to Your Pension Fund
Play Video

Illinois Will COLLAPSE! Guess Who Is Next! Say Goodbye to Your Pension Fund

2017/06/30
Dissolve Illinois over budget crisis, one columnist suggests
Play Video

Dissolve Illinois over budget crisis, one columnist suggests

2017/07/08
Infertility and "Spermageddon"
Play Video

Infertility and "Spermageddon"

2018/02/01
How To Start Paying Off Debt?
Play Video

How To Start Paying Off Debt?

2015/10/12
Seattle to Pay Lifetime Pension of Child Abusing Mayor
Play Video

Seattle to Pay Lifetime Pension of Child Abusing Mayor

2018/02/02
Illinois Bankruptcy To Trigger Currency Collapse? | John Rubino
Play Video

Illinois Bankruptcy To Trigger Currency Collapse? | John Rubino

2017/07/12
An Interview with Jamarl Thomas of the Progressive Soapbox
Play Video

An Interview with Jamarl Thomas of the Progressive Soapbox

2018/02/02
Illinois Tax Hike & A Deepening Pension Debt
Play Video

Illinois Tax Hike & A Deepening Pension Debt

2017/07/13
HOW DEMOCRATS DESTROYED ILLINOIS  IS UNBELIEVABLE || WATCH
Play Video

HOW DEMOCRATS DESTROYED ILLINOIS IS UNBELIEVABLE || WATCH

2017/07/02
Illinois is So Broke
Play Video

Illinois is So Broke

2017/06/16
Illinois Pension Plans are BANKRUPT! Now EVERYONE Will Be Forced to Bail It Out!
Play Video

Illinois Pension Plans are BANKRUPT! Now EVERYONE Will Be Forced to Bail It Out!

2017/10/25
"Deep State" Schiff Threatens New Oklahoma City Bombing Over FISA Memo
Play Video

"Deep State" Schiff Threatens New Oklahoma City Bombing Over FISA Memo

2018/02/05
Millenial Student Loan Debt Ruins Housing Market  #DUH
Play Video

Millenial Student Loan Debt Ruins Housing Market #DUH

2017/07/28
The Fall of Chicago. There Will Be No Economic Recovery.
Play Video

The Fall of Chicago. There Will Be No Economic Recovery.

2015/07/31
Forbes Reports on Debbie Wasserman Schultz IT Staffer Arrest
Play Video

Forbes Reports on Debbie Wasserman Schultz IT Staffer Arrest

2017/07/27
Probe of House IT Contractors Awan Brothers Continues
Play Video

Probe of House IT Contractors Awan Brothers Continues

2017/07/20
Powered by YouTube

Disclaimer

None of the audio/visual content is hosted on this site. All media is embedded from other sites such as GoogleVideo, YouTube etc. Therefore, this site has no control over the copyright issues of the streaming media.

All issues concerning copyright violations should be aimed at the sites hosting the material. This site does not host any of the streaming media and the owner has not uploaded any of the material to the video hosting servers. Anyone can find the same content on Google Video or YouTube by themselves.

The owner of this site cannot know which documentaries are in public domain, which has been uploaded to e.g. YouTube by the owner and which has been uploaded without permission. The copyright owner must contact the source if he wants his material off the Internet completely.