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Old 05-19-2020, 05:34 AM
 
148 posts, read 122,275 times
Reputation: 399

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https://wirepoints.org/trading-at-ju...es-wirepoints/

450 MILLION dollars wasted over the lifetime of these bonds.
Wow......
Paying more & getting less is what Illinois is good at.
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Old 05-19-2020, 10:12 AM
 
Location: broke leftist craphole Illizuela
10,326 posts, read 17,438,836 times
Reputation: 20338
If I was running a title loan joint I wouldn't loan money to the state of Illinois nor most of its local government units.
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Old 05-24-2020, 09:13 AM
 
4,952 posts, read 3,061,711 times
Reputation: 6753
Quote:
Originally Posted by MSchemist80 View Post
If I was running a title loan joint I wouldn't loan money to the state of Illinois nor most of its local government units.
https://www.bloomberg.com/news/artic...ng-on-fed-help
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Old 05-24-2020, 09:26 AM
 
Location: Sioux Falls, SD area
4,869 posts, read 6,935,343 times
Reputation: 10185
Quote:
Originally Posted by Sunbiz1 View Post
Not subscribing to Bloomberg just to read this.
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Old 05-24-2020, 10:38 AM
 
4,952 posts, read 3,061,711 times
Reputation: 6753
Quote:
Originally Posted by jmgg View Post
Not subscribing to Bloomberg just to read this.
Sorry, news outlets getting desperate for $$$ these days:
https://news.wttw.com/2020/05/24/ill...feds-more-help

"Illinois has had its share of financial troubles in the past, but this marks the first time in modern times that a global pandemic has complicated the budgeting process.
The state’s answer to that — “a series of tough choices,” as House Majority Leader Greg Harris described the new budget — is to rely on borrowing up to $5 billion from the federal government, with the hope that the state will end up needing to borrow less should the feds will come through with additional aid in light of the devastation wreaked by COVID-19."
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