Wednesday, November 23, 2016

Mort au régime ancien

On the cusp of Thanksgiving.
Thanksgiving-eve.

Found out the Friday Stocks & Jocks will be a repeat when I sent an email on the guest I booked for the show. Luckily (?) Chief replied to all there's no show. (That's my reaction in photo to the left.)

Via Zero Hedge read a Reuters story from Dave McKinney (nee Chicago Sun-Times) on another aspect of Illinois' fiscal turpitude.

Illinois fix to unpaid bills may end up as financial time bomb
The amount of overdue bills could reach $13.5 billion, or 40 percent of available operating revenue, when the current fiscal year ends June 30, the Rauner administration has projected.
Come fiscal 2022, the backlog is projected to balloon to $47 billion. No other U.S. state defers payments to the extent Illinois does to manage cash flow, credit-rating analysts said.
 Holiday wishes from John McLaughlin:

Thanksgiving lessons learned from WKRP in Cincinnati:

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