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Directional Illinois schools now have junk bond statuses - closures imminent?
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NoDak Offline
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Post: #21
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-22-2017 05:26 PM)Stay Cool Wrote:  
(04-22-2017 05:23 PM)NoDak Wrote:  
(04-22-2017 05:18 PM)Stay Cool Wrote:  
(04-22-2017 04:52 PM)NoDak Wrote:  
(04-22-2017 08:48 AM)DavidSt Wrote:  Can you get your facts straight?

http://www.chicagotribune.com/news/local...story.html

Southern Illinois, NE Illinois and University of Illinois have been downgraded. The other schools you mentioned have not. Illinois State also put on watch, but not on the Negative watched like the other three.

Look up S&P or Moody's ratings if can you actually Google. There's a ton of stories about all of them.

W Ill message board seems to be panicked now.

The crisis has hit all those directional schools enrollments, which worsens the impact both short and long term. Few Illinois kids will enroll at the directionals as programs are being cut left and right. Illinois kids choosing out of state schools is at a record high.

I specifically stated that Ill St, U of Ill, and Ill-Chi are not as effected.
OP please edit your original post so it is accurate, right now it is just misleading people with false information

Sent from my SM-G920P using Tapatalk

So programs cut and closing doesn't affect future enrollment? Bond ratings at nearly all Illinois publics are down, the directionals to junk levels. I understand your concerns about NIU, but there isn't any facts wrong.

The Illinois Comptroller has said some directionals will be up for closure and the system will collapse. Take it up with her.

Actually, there are. And not just about my school

(Full disclosure, I'm chatting with you as a fan and not as a mod)

Go back and read the article, then read what you have posted and see if anything jumps out as a blatant falsehood that you presented as fact... I'll wait

Sent from my SM-G920P using Tapatalk

There are numerous other articles out there. Go read them. I used a KMOX report where the Comptroller was quoted.

Illinois HS grads are leaving the state in record numbers because they don't trust the future of the directionals, but somehow I'm the bad guy for merely pointing them out. Typical Illinois politician response: paper over the issues and deny them.
(This post was last modified: 04-22-2017 05:44 PM by NoDak.)
04-22-2017 05:27 PM
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templefootballfan Offline
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Post: #22
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
what no B-10 hockey now
04-22-2017 05:58 PM
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Stay Cool Offline
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Post: #23
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-22-2017 05:27 PM)NoDak Wrote:  
(04-22-2017 05:26 PM)Stay Cool Wrote:  
(04-22-2017 05:23 PM)NoDak Wrote:  
(04-22-2017 05:18 PM)Stay Cool Wrote:  
(04-22-2017 04:52 PM)NoDak Wrote:  Look up S&P or Moody's ratings if can you actually Google. There's a ton of stories about all of them.

W Ill message board seems to be panicked now.

The crisis has hit all those directional schools enrollments, which worsens the impact both short and long term. Few Illinois kids will enroll at the directionals as programs are being cut left and right. Illinois kids choosing out of state schools is at a record high.

I specifically stated that Ill St, U of Ill, and Ill-Chi are not as effected.
OP please edit your original post so it is accurate, right now it is just misleading people with false information

Sent from my SM-G920P using Tapatalk

So programs cut and closing doesn't affect future enrollment? Bond ratings at nearly all Illinois publics are down, the directionals to junk levels. I understand your concerns about NIU, but there isn't any facts wrong.

The Illinois Comptroller has said some directionals will be up for closure and the system will collapse. Take it up with her.

Actually, there are. And not just about my school

(Full disclosure, I'm chatting with you as a fan and not as a mod)

Go back and read the article, then read what you have posted and see if anything jumps out as a blatant falsehood that you presented as fact... I'll wait

Sent from my SM-G920P using Tapatalk

There are numerous other articles out there. Go read them. I used a KMOX report where the Comptroller was quoted.

Illinois HS grads are leaving the state in record numbers because they don't trust the future of the directionals, but somehow I'm the bad guy for merely pointing them out. Typical Illinois politician response: paper over the issues and deny them.
Are you calling me an Illinois politician?!

That is by far the oddest AND rudest insult I've ever heard

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04-22-2017 06:14 PM
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GoldenWarrior11 Offline
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Post: #24
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
As an Illinoisan, our state politicians make the leaders of the Big 12 look like Jim Delaney. Illinois has operated without an official budget since July 2015. How and why Chicago State is still open and receiving funds is beyond me. At least Illinois State maintained its A rating. A few more months, and our Illinois universities credit ratings will look like our academic ratings.
04-22-2017 06:15 PM
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MplsBison Offline
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Post: #25
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
"closures imminent"

im·mi·nent
adjective
1. about to happen.


I demand the OP link to something -- anything -- backing up this claim as something more than a pure fabrication.

Otherwise, I request the thread title be amended to remove it. 07-coffee3
(This post was last modified: 04-23-2017 09:06 AM by MplsBison.)
04-23-2017 09:06 AM
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MplsBison Offline
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Post: #26
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
GW11, Frank, et al

How much of the problems with Illinois state government can be, at least loosely, categorized as "Chicago Democrats vs suburban & out-state Republicans" ??
04-23-2017 09:08 AM
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BirdstheWord Offline
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Post: #27
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-22-2017 05:27 PM)NoDak Wrote:  
(04-22-2017 05:26 PM)Stay Cool Wrote:  
(04-22-2017 05:23 PM)NoDak Wrote:  
(04-22-2017 05:18 PM)Stay Cool Wrote:  
(04-22-2017 04:52 PM)NoDak Wrote:  Look up S&P or Moody's ratings if can you actually Google. There's a ton of stories about all of them.

W Ill message board seems to be panicked now.

The crisis has hit all those directional schools enrollments, which worsens the impact both short and long term. Few Illinois kids will enroll at the directionals as programs are being cut left and right. Illinois kids choosing out of state schools is at a record high.

I specifically stated that Ill St, U of Ill, and Ill-Chi are not as effected.
OP please edit your original post so it is accurate, right now it is just misleading people with false information

Sent from my SM-G920P using Tapatalk

So programs cut and closing doesn't affect future enrollment? Bond ratings at nearly all Illinois publics are down, the directionals to junk levels. I understand your concerns about NIU, but there isn't any facts wrong.

The Illinois Comptroller has said some directionals will be up for closure and the system will collapse. Take it up with her.

Actually, there are. And not just about my school

(Full disclosure, I'm chatting with you as a fan and not as a mod)

Go back and read the article, then read what you have posted and see if anything jumps out as a blatant falsehood that you presented as fact... I'll wait

Sent from my SM-G920P using Tapatalk

There are numerous other articles out there. Go read them. I used a KMOX report where the Comptroller was quoted.

Illinois HS grads are leaving the state in record numbers because they don't trust the future of the directionals, but somehow I'm the bad guy for merely pointing them out. Typical Illinois politician response: paper over the issues and deny them.

Your definition of panic is pretty bad and dramatic.
(This post was last modified: 04-23-2017 09:29 AM by BirdstheWord.)
04-23-2017 09:20 AM
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NoDak Offline
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Post: #28
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-23-2017 09:06 AM)MplsBison Wrote:  "closures imminent"

im·mi·nent
adjective
1. about to happen.


I demand the OP link to something -- anything -- backing up this claim as something more than a pure fabrication.

Otherwise, I request the thread title be amended to remove it. 07-coffee3

It was followed by a "?". Don't continue your pontifications if you need a definition, but you will. As usual, you refuse to Google anything not linked for you. Take it up with the Illinois Comptroller who actually said "imminent collapse".
(This post was last modified: 04-23-2017 10:24 AM by NoDak.)
04-23-2017 10:21 AM
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Stugray2 Offline
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Post: #29
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
MplsBison,

It's less that it's the people who are different that the mood in country, where we only reward politicians in our own parties who refuse to compromise and negotiate. So anytime you have a split government things shut down. We see it Nationally, we see it in Statehouses.

The filibuster is now dead, at least for appointments. But Harry Reid and Mitch McConnel have used the "nuclear option" it to get appointments to the bench done. And sadly both were in the right, because the filibuster was used for petty political purposes, first by the Republicans, and now by the Democrats. It is an example of where we are to blame as voters, because we cheer our side on to be obstructionists and not participate even in things that are not going our way. Illinois is just the latest example.

The Manichean worldview is flat wrong.
04-23-2017 10:35 AM
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ken d Online
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Post: #30
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-22-2017 05:27 PM)NoDak Wrote:  
(04-22-2017 05:26 PM)Stay Cool Wrote:  
(04-22-2017 05:23 PM)NoDak Wrote:  
(04-22-2017 05:18 PM)Stay Cool Wrote:  
(04-22-2017 04:52 PM)NoDak Wrote:  Look up S&P or Moody's ratings if can you actually Google. There's a ton of stories about all of them.

W Ill message board seems to be panicked now.

The crisis has hit all those directional schools enrollments, which worsens the impact both short and long term. Few Illinois kids will enroll at the directionals as programs are being cut left and right. Illinois kids choosing out of state schools is at a record high.

I specifically stated that Ill St, U of Ill, and Ill-Chi are not as effected.
OP please edit your original post so it is accurate, right now it is just misleading people with false information

Sent from my SM-G920P using Tapatalk

So programs cut and closing doesn't affect future enrollment? Bond ratings at nearly all Illinois publics are down, the directionals to junk levels. I understand your concerns about NIU, but there isn't any facts wrong.

The Illinois Comptroller has said some directionals will be up for closure and the system will collapse. Take it up with her.

Actually, there are. And not just about my school

(Full disclosure, I'm chatting with you as a fan and not as a mod)

Go back and read the article, then read what you have posted and see if anything jumps out as a blatant falsehood that you presented as fact... I'll wait

Sent from my SM-G920P using Tapatalk

There are numerous other articles out there. Go read them. I used a KMOX report where the Comptroller was quoted.

Illinois HS grads are leaving the state in record numbers because they don't trust the future of the directionals, but somehow I'm the bad guy for merely pointing them out. Typical Illinois politician response: paper over the issues and deny them.

So the Illinois Comptroller, a Democrat, makes a statement that is immediately denied by at least one of the schools she claims is facing closure. Did you not consider the possibility that she (Mendoza) was just making a self-serving political attack against a Republican governor, in a long standing political stalemate?

Without more corroboration, such a statement is hardly credible. Just because a politician says something doesn't make it true.
04-23-2017 01:57 PM
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Wilkie01 Offline
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Post: #31
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-22-2017 07:55 AM)NoDak Wrote:  The bonds of at least five directional Illinois campuses were just downgraded this week to junk statuses. Talk of closures is spreading. Illinois' ability to pay seems headed to a crisis and beyond. Chicago St is in a separate desperate condition, but N Ill, S Ill, NE Ill, E Ill, and W Ill are all in a financial crisis. U of Illinois, I'll St, and Ill-Chi are not because of endowments and other income.

Can some Illinois residents share some insight here? Taxes were raised two years ago, but the situation seems even worse now. The Illinois Comptroller has said that a collapse of the University system is likely with Illinois having $13 billion in unpaid bills.

Not surprised from a state run by Democrats 07-coffee3
04-23-2017 02:06 PM
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NoDak Offline
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Post: #32
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-23-2017 01:57 PM)ken d Wrote:  
(04-22-2017 05:27 PM)NoDak Wrote:  
(04-22-2017 05:26 PM)Stay Cool Wrote:  
(04-22-2017 05:23 PM)NoDak Wrote:  
(04-22-2017 05:18 PM)Stay Cool Wrote:  OP please edit your original post so it is accurate, right now it is just misleading people with false information

Sent from my SM-G920P using Tapatalk

So programs cut and closing doesn't affect future enrollment? Bond ratings at nearly all Illinois publics are down, the directionals to junk levels. I understand your concerns about NIU, but there isn't any facts wrong.

The Illinois Comptroller has said some directionals will be up for closure and the system will collapse. Take it up with her.

Actually, there are. And not just about my school

(Full disclosure, I'm chatting with you as a fan and not as a mod)

Go back and read the article, then read what you have posted and see if anything jumps out as a blatant falsehood that you presented as fact... I'll wait

Sent from my SM-G920P using Tapatalk

There are numerous other articles out there. Go read them. I used a KMOX report where the Comptroller was quoted.

Illinois HS grads are leaving the state in record numbers because they don't trust the future of the directionals, but somehow I'm the bad guy for merely pointing them out. Typical Illinois politician response: paper over the issues and deny them.

So the Illinois Comptroller, a Democrat, makes a statement that is immediately denied by at least one of the schools she claims is facing closure. Did you not consider the possibility that she (Mendoza) was just making a self-serving political attack against a Republican governor, in a long standing political stalemate?

Without more corroboration, such a statement is hardly credible. Just because a politician says something doesn't make it true.

Of course. But she also is screwing with the futures of the directionala. When U's are pawns of politicos, nothing good happens. Kids and parents wont enroll there and commit their money. She damaged those schools by saying it, scaring the parents not to enroll there. Shades of banks runs in the 30s.
(This post was last modified: 04-23-2017 02:25 PM by NoDak.)
04-23-2017 02:13 PM
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DavidSt Offline
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Post: #33
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
Wisconsin got a downgrade when the budget was cut from education including at the college level. Schools are already cutting budget to save money, and then you get cuts from the state which leads to school districts to lay off teachers and more crowding of classrooms and no money to buy supplies for the teachers to teach the kids with is really bad. It does not matter which party they are, those political leaders on both sides rather spend money on pet projects that does not help the people of the states, and cut spending on things that does help people. Priorities are at odds with politicians born with a silver spoons in their mouths from the everyday people. Who gets hurt the most out of all of this? It is not the politicians, but the people who lives in these states. Our business leaders have been crying out that our youth are not being taught to be able to qualify for work in the areas that they need a workforce for. Like they have to hire people not from this country to work in those fields. We are falling further behind other countries in education. We need to work harder and spend more on education to train the kids. Yes, that means corporations and the rich business leaders have to pay their taxes as well to train the kids to become educated in the fields that these same leaders complained about that these kids are not properly trained.
04-23-2017 03:24 PM
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BirdstheWord Offline
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Post: #34
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-23-2017 02:06 PM)Wilkie01 Wrote:  
(04-22-2017 07:55 AM)NoDak Wrote:  The bonds of at least five directional Illinois campuses were just downgraded this week to junk statuses. Talk of closures is spreading. Illinois' ability to pay seems headed to a crisis and beyond. Chicago St is in a separate desperate condition, but N Ill, S Ill, NE Ill, E Ill, and W Ill are all in a financial crisis. U of Illinois, I'll St, and Ill-Chi are not because of endowments and other income.

Can some Illinois residents share some insight here? Taxes were raised two years ago, but the situation seems even worse now. The Illinois Comptroller has said that a collapse of the University system is likely with Illinois having $13 billion in unpaid bills.

Not surprised from a state run by Democrats 07-coffee3

You mean the Republican governor? 07-coffee3
04-23-2017 03:26 PM
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Post: #35
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-23-2017 03:26 PM)BirdstheWord Wrote:  
(04-23-2017 02:06 PM)Wilkie01 Wrote:  
(04-22-2017 07:55 AM)NoDak Wrote:  The bonds of at least five directional Illinois campuses were just downgraded this week to junk statuses. Talk of closures is spreading. Illinois' ability to pay seems headed to a crisis and beyond. Chicago St is in a separate desperate condition, but N Ill, S Ill, NE Ill, E Ill, and W Ill are all in a financial crisis. U of Illinois, I'll St, and Ill-Chi are not because of endowments and other income.

Can some Illinois residents share some insight here? Taxes were raised two years ago, but the situation seems even worse now. The Illinois Comptroller has said that a collapse of the University system is likely with Illinois having $13 billion in unpaid bills.

Not surprised from a state run by Democrats 07-coffee3

You mean the Republican governor? 07-coffee3

Nope, those bonds were issued by Democrats, the Republican governor will have to fix thier trainwreck. 07-coffee3
04-23-2017 03:36 PM
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Post: #36
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-23-2017 03:36 PM)Wilkie01 Wrote:  
(04-23-2017 03:26 PM)BirdstheWord Wrote:  
(04-23-2017 02:06 PM)Wilkie01 Wrote:  
(04-22-2017 07:55 AM)NoDak Wrote:  The bonds of at least five directional Illinois campuses were just downgraded this week to junk statuses. Talk of closures is spreading. Illinois' ability to pay seems headed to a crisis and beyond. Chicago St is in a separate desperate condition, but N Ill, S Ill, NE Ill, E Ill, and W Ill are all in a financial crisis. U of Illinois, I'll St, and Ill-Chi are not because of endowments and other income.

Can some Illinois residents share some insight here? Taxes were raised two years ago, but the situation seems even worse now. The Illinois Comptroller has said that a collapse of the University system is likely with Illinois having $13 billion in unpaid bills.

Not surprised from a state run by Democrats 07-coffee3

You mean the Republican governor? 07-coffee3

Nope, those bonds were issued by Democrats, the Republican governor will have to fix thier trainwreck. 07-coffee3

Like I said. We had a Republican takeover in Arkansas and it got more crooked. You people sheepishly worshipping political party labels have to understand there is one party. The party of make myself richer. The rest of the crap is marketing.
04-23-2017 03:41 PM
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BirdstheWord Offline
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Post: #37
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-23-2017 03:36 PM)Wilkie01 Wrote:  
(04-23-2017 03:26 PM)BirdstheWord Wrote:  
(04-23-2017 02:06 PM)Wilkie01 Wrote:  
(04-22-2017 07:55 AM)NoDak Wrote:  The bonds of at least five directional Illinois campuses were just downgraded this week to junk statuses. Talk of closures is spreading. Illinois' ability to pay seems headed to a crisis and beyond. Chicago St is in a separate desperate condition, but N Ill, S Ill, NE Ill, E Ill, and W Ill are all in a financial crisis. U of Illinois, I'll St, and Ill-Chi are not because of endowments and other income.

Can some Illinois residents share some insight here? Taxes were raised two years ago, but the situation seems even worse now. The Illinois Comptroller has said that a collapse of the University system is likely with Illinois having $13 billion in unpaid bills.

Not surprised from a state run by Democrats 07-coffee3

You mean the Republican governor? 07-coffee3

Nope, those bonds were issued by Democrats, the Republican governor will have to fix thier trainwreck. 07-coffee3

Well, keep pretending to know Illinois politics. 07-coffee3
04-23-2017 04:14 PM
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NoDak Offline
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Post: #38
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-23-2017 03:41 PM)arkstfan Wrote:  
(04-23-2017 03:36 PM)Wilkie01 Wrote:  
(04-23-2017 03:26 PM)BirdstheWord Wrote:  
(04-23-2017 02:06 PM)Wilkie01 Wrote:  
(04-22-2017 07:55 AM)NoDak Wrote:  The bonds of at least five directional Illinois campuses were just downgraded this week to junk statuses. Talk of closures is spreading. Illinois' ability to pay seems headed to a crisis and beyond. Chicago St is in a separate desperate condition, but N Ill, S Ill, NE Ill, E Ill, and W Ill are all in a financial crisis. U of Illinois, I'll St, and Ill-Chi are not because of endowments and other income.

Can some Illinois residents share some insight here? Taxes were raised two years ago, but the situation seems even worse now. The Illinois Comptroller has said that a collapse of the University system is likely with Illinois having $13 billion in unpaid bills.

Not surprised from a state run by Democrats 07-coffee3

You mean the Republican governor? 07-coffee3

Nope, those bonds were issued by Democrats, the Republican governor will have to fix thier trainwreck. 07-coffee3

Like I said. We had a Republican takeover in Arkansas and it got more crooked. You people sheepishly worshipping political party labels have to understand there is one party. The party of make myself richer. The rest of the crap is marketing.
Arkansas and Illinois are and were probably the most corrupt states just in the last generation. Corruption on one sides leads to bad actors on the other.
04-23-2017 05:59 PM
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Post: #39
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
It's amusing to me that the university bonds would have "junk" status when the state is at BBB (the lowest of any state, but still investment grade).

Credit rating is supposed to measure probability of default. But any bond issued by the university is guaranteed by the university AND by the state, so the university bonds will ALWAYS have a lower probability of default than the state bonds.
04-23-2017 07:50 PM
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Post: #40
RE: Directional Illinois schools now have junk bond statuses - closures imminent?
(04-23-2017 03:41 PM)arkstfan Wrote:  
(04-23-2017 03:36 PM)Wilkie01 Wrote:  
(04-23-2017 03:26 PM)BirdstheWord Wrote:  
(04-23-2017 02:06 PM)Wilkie01 Wrote:  
(04-22-2017 07:55 AM)NoDak Wrote:  The bonds of at least five directional Illinois campuses were just downgraded this week to junk statuses. Talk of closures is spreading. Illinois' ability to pay seems headed to a crisis and beyond. Chicago St is in a separate desperate condition, but N Ill, S Ill, NE Ill, E Ill, and W Ill are all in a financial crisis. U of Illinois, I'll St, and Ill-Chi are not because of endowments and other income.

Can some Illinois residents share some insight here? Taxes were raised two years ago, but the situation seems even worse now. The Illinois Comptroller has said that a collapse of the University system is likely with Illinois having $13 billion in unpaid bills.

Not surprised from a state run by Democrats 07-coffee3

You mean the Republican governor? 07-coffee3

Nope, those bonds were issued by Democrats, the Republican governor will have to fix thier trainwreck. 07-coffee3

Like I said. We had a Republican takeover in Arkansas and it got more crooked. You people sheepishly worshipping political party labels have to understand there is one party. The party of make myself richer. The rest of the crap is marketing.

The key word is "takeover" by one political party. Political competition (like in Ohio, Iowa, or Missouri) makes states less corrupt because every politician knows that they are one well-publicized scandal away from getting voted out of office. When there's no competition, they feel free to do whatever they want because they know they'll never get voted out.
04-23-2017 07:54 PM
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