...dig this, sent by Ms. K.M., and ponder it in the same context as today's main blog. Mind you, I'm not against capitalism, but […]
The post TIDBIT:…AND SPEAKING OF CRONY CRAPITALISM… appeared first on Giza Death Star.
Illinois is teetering on bankruptcy and other states are not far behind, largely due to unfunded pension liabilities; but there are solutions. The Federal Reserve could do a round of “QE for Munis.” Or the state could turn its sizable pension fund into a self-sustaining public bank. Illinois is insolvent, unable to pay its bills. […]
