Tag Archives: Illinois

Bankruptcy For Illinois ?

On June 1, 2017, a major event happened in the U.S. that few Americans noticed.  Even fewer Americans have any idea of the consequences of the event.  Two major bond rating services, Standard and Poor’s Corporation and Moody’s, lowered the … Continue reading

Posted in Economics/Finance, Essays, International News, Local and Political News, Next Year's and Future Headlines Today, State and National News | Tagged , , , , , , , , , | Leave a comment

The Detroit Bankruptcy

   Detroit once was a city that was very wealthy.  Almost all of the adults had jobs that paid above average wages.  Today Detroit is bankrupt.     The governor of Michigan appointed Kevyn Orr as the emergency manager of Detroit’s … Continue reading

Posted in Economics/Finance, International News, Next Year's and Future Headlines Today, State and National News | Tagged , , , , , , , , , , | Leave a comment