How bad is the financial situation in Illinois? A knowledgeable source noted last week that the three national rating agencies have put Illinois on what is called “credit watch.” This means that within 90 days, if things don’t start looking better, our debt holders will start flooding the market with the bonds they now hold, and Illinois will no longer be able to borrow. more

I’m a tea drinker, in the morning, alone. I don’t, that is, attend tea parties. more