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Author: Colovion Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 740288  
Subject: Re: Meanwhile In Illinois Date: 11/13/2012 2:28 PM
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It's like Illinois is in some competition to enact the worst possible laws from an economic standpoint... however they're so far ahead that everyone else (save for possibly California) has conceeded.

Is there anyone saying, "Hey, every state should copy Illinois, look at their success!"? Anyone? Any uber-libs overjoyed and wanting to spread this to their states? Here in Michigan we're pretty much doing everything we can in the opposite direction, with positive results! Even Detroit is agreeing to state oversight of their finances!

They need it too, without the state's guaranteed bonds Detroit would be out of money before next year, though they still have to meet benchmarks which, if the past is any guide, they'll only do at the very last minute when every other possible option has been tried but failed.

Of course the difference is that Detroit is losing influence quickly, they don't ring the bell anymore but rather are themselves being rung by Lansing and the rest of the state. That's what happens when your population falls from over 2 million to under 750,000 (and dropping).
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