Illinois’ bonds are currently priced like they are junk-rated.
Popular lotteries may stop gambling on Illinois.
About one in six Illinois homeowners are seriously underwater, according to a report from the Illinois Policy Institute, which is 70 percent higher than the national average. And locally, homeowners in several communities suffer greater than the state average in being seriously under water - owing more than their home is worth. For instance, in East St. Louis, 41 percent of homeowners are under water; in Alton, 20 percent and in Belleville, 18 percent.
The days of spending time writing a press release, getting it approved, mailing it to the newspaper and television and waiting a couple of days, hoping for the best are long gone. News now is instantaneous. It is a 24/7 beast that must be fed. If it happened last month, it isn’t news any longer. It’s history.