Sunday, January 29, 2012

Why Isn't Illinois A Bigger Story Than Greece? - The New Editor

Why Isn't Illinois A Bigger Story Than Greece? - The New Editor:
... why aren't we more worried about Illinois? It's more or less the same size as Greece, its finances are in the same generally catastrophic shape, and its leaders are just as feckless and dishonest. It owes tens of billions of dollars to various investors and stakeholders and will clearly have to stiff many of them at some point.