The agency announced Tuesday it’s lowering the rating on $8.3 billion in debt from A3 to Baa1, putting it only three notches above junk-bond status....WHEN YOU FOLLOW LEFTIST POLICIES, THIS IS THE PENULTIMATE STOP ON THE ROAD TO SERFDOM.
... The lower rating means the city will have to pay high interest rates.
Moody’s says a commitment to increasing tax revenue is one thing that could raise the rating. Chicago now has the worst credit rating of any major city except Detroit.
WHAT HAPPENED TO DETROIT IS HAPPENING TO CHICAGO - AND WILL HAPPEN TO THE USA IF WE DO NOT CHANGE COURSE.
WE CAN CHANGE COURSE THIS NOVEMBER.
IN FACT, IT'S NOVEMBER OR NEVER.