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Old 05-25-2017, 09:32 AM
 
Location: Arizona
6,137 posts, read 3,884,483 times
Reputation: 4905

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https://www.usnews.com/news/best-sta...orrowing-plans

Looks like the failed Chicago Public Schools have to borrow 900 million just to stay open. Maybe they should just shut down and they can have private schools.

Many of the schools I am sure are just there as a free baby sitting service and for gang member recruitment purposes.

https://www.illinoispolicy.org/illin...jump-to-14-3b/

Looks like the state is not in a position to bail them out as it has a 14 billion dollar backlog in it's own bills.
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Old 05-25-2017, 10:01 AM
 
30,214 posts, read 18,783,784 times
Reputation: 21063
Quote:
Originally Posted by lovecrowds View Post
https://www.usnews.com/news/best-sta...orrowing-plans

Looks like the failed Chicago Public Schools have to borrow 900 million just to stay open. Maybe they should just shut down and they can have private schools.

Many of the schools I am sure are just there as a free baby sitting service and for gang member recruitment purposes.

https://www.illinoispolicy.org/illin...jump-to-14-3b/

Looks like the state is not in a position to bail them out as it has a 14 billion dollar backlog in it's own bills.
Every aspect of that state is in deep trouble. I used to practice in Illinois and my former partner said the state owes his group $60 million and the hospital $110 million. That is just one hospital in one city!


He said they are looking to "sell" the debt to investment bankers in an attempt to recoup some money. What bankers in their right mind would purchase that debt??
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Old 05-25-2017, 10:04 AM
 
Location: Born & Raised DC > Carolinas > Seattle > Denver
9,338 posts, read 7,134,642 times
Reputation: 9487
Trump said on the campaign trail that he was going to fix inner-cities.

Well...Chicago is in trouble....where's Trump?! Somebody turn on the bat signal.
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Old 05-25-2017, 10:05 AM
 
Location: Born & Raised DC > Carolinas > Seattle > Denver
9,338 posts, read 7,134,642 times
Reputation: 9487
Quote:
Originally Posted by lovecrowds View Post

Many of the schools I am sure are just there as a free baby sitting service and for gang member recruitment purposes.
You stay classy, lovecrowds.
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Old 05-25-2017, 10:07 AM
 
Location: Pennsylvania
31,339 posts, read 14,376,949 times
Reputation: 27869
Quote:
Originally Posted by lovecrowds View Post
https://www.usnews.com/news/best-sta...orrowing-plans

Looks like the failed Chicago Public Schools have to borrow 900 million just to stay open. Maybe they should just shut down and they can have private schools.

Many of the schools I am sure are just there as a free baby sitting service and for gang member recruitment purposes.

https://www.illinoispolicy.org/illin...jump-to-14-3b/

Looks like the state is not in a position to bail them out as it has a 14 billion dollar backlog in it's own bills.


LOL A city and a system run by democrats, well.....pretty much forever.


No investor in their right mind would loan these people money.
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Old 05-25-2017, 10:09 AM
 
Location: Pennsylvania
31,339 posts, read 14,376,949 times
Reputation: 27869
Quote:
Originally Posted by skins_fan82 View Post
Trump said on the campaign trail that he was going to fix inner-cities.

Well...Chicago is in trouble....where's Trump?! Somebody turn on the bat signal.
You don't get it!


Chicago needs to fix it's own problems! Starting with, inner city folks need to stop having kids out of wedlock, with daddy running off, never to be seen again, and the taxpayers footing the bill for a welfare life. Second, some good finance courses for its citizens would be helpful.
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Old 05-25-2017, 10:10 AM
 
Location: PGI
727 posts, read 392,099 times
Reputation: 522
Looks like we need more "tax reform". Chicago schools haven't gone under yet.
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Old 05-25-2017, 10:11 AM
 
Location: Chicago
6,160 posts, read 5,749,054 times
Reputation: 6193
That's what happens when you elect democrats who think that raising taxes will fix the budget issues.

Taxes need to remain the same or be lowered. Spending needs to be lowered!
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Old 05-25-2017, 10:11 AM
 
Location: A Nation Possessed
26,126 posts, read 19,072,960 times
Reputation: 22880
Quote:
Originally Posted by lovecrowds View Post
https://www.usnews.com/news/best-sta...orrowing-plans

Looks like the failed Chicago Public Schools have to borrow 900 million just to stay open. Maybe they should just shut down and they can have private schools.

Many of the schools I am sure are just there as a free baby sitting service and for gang member recruitment purposes.

https://www.illinoispolicy.org/illin...jump-to-14-3b/

Looks like the state is not in a position to bail them out as it has a 14 billion dollar backlog in it's own bills.
Modern Liberalism in action...
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Old 05-25-2017, 10:12 AM
 
Location: PGI
727 posts, read 392,099 times
Reputation: 522
Quote:
Originally Posted by BeerGeek40 View Post
You don't get it!

Chicago needs to fix it's own problems! Starting with, inner city folks need to stop having kids out of wedlock, with daddy running off, never to be seen again, and the taxpayers footing the bill for a welfare life. Second, some good finance courses for its citizens would be helpful.
Oh, I get it! See everything through the eyes of a bigot. Problem solved!
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