From the home state of President Obama we have some very bad news. After years of democratic mismanagement the citizens of Illinois have been condemned to a lifetime of servitude to Wall Street banks because they can no longer tax and spend their way to a social Utopia. What is going to happen next year when the markets take a turn for the worst? Any guesses. Can you say federal bailout of the state's pension fund and social programs (because they are too big to fail).
Illinois: Our very own Greece?
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