Illinois Downgraded Again

[Possumpoint]

Illinois has been downgraded to A-2 on Friday, the lowest current rating any state carries. This will increase interest payments on state borrowing. Moody's, citing a failure to address the systemic problems with state finances, took the step.

[AngryAmish]

1. Of course it is because we are run by shitheads.

[Drale]

2. Moody's and all "rating agencies" are scams to make the rich ever more money. /nt

[Vincardog]

3. If Illinois will open a state bank they can benefit.

[OKNancy]

4. Hi. You need to post a link to your story

Please post a link to the article.
Thanks, Nancy ( LBN Host)

[Fearless]

6. Please provide a link for this post or I will be forced to lock it...

As per our forum rules.

[JustABozoOnThisBus]

7. I'm not the OP, but here's a link

http://www.huffingtonpost.com/2012/01/09/illinois-credit-rating-do_n_1193899.html

[Fearless]

8. Thanks!