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Re: n4807g post# 53416

Thursday, 08/30/2012 8:30:09 AM

Thursday, August 30, 2012 8:30:09 AM

Post# of 122343
Here's an article for you-----------

S&P lowers Illinois credit rating over pensions
By CHRISTOPHER WILLS | Associated Press – 12 hrs ago.
http://news.yahoo.com/p-lowers-illinois-credit-rating-over-pensions-175723342--finance.html

Not many choices, either the state goes bankrupt or the unions renegotiate.


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Waldo Emerson

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