1stRambo
Gold Member
- Feb 8, 2015
- 6,221
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Yo, you notice anytime you vote for a Democrat for office, they fail!!!
"Chicago credit downgrade hangs over Emanuel's mayoral runoff race"
Chicago Mayor Rahm Emanuel’s already struggling reelection bid has suffered another potential hit, with a fresh credit downgrade giving political ammunition to his runoff rival.
Moody's Investors Service last week downgraded the city’s credit rating, citing $20 billion in unfunded pension liabilities. The agency lowered the rating on $8.3 billion in general obligation debt to near junk bond status and issued a cautious forecast about the city’s longer-term financial future.
Chicago credit downgrade hangs over Emanuel s mayoral runoff race Fox News
"GTP"
"Chicago credit downgrade hangs over Emanuel's mayoral runoff race"
Chicago Mayor Rahm Emanuel’s already struggling reelection bid has suffered another potential hit, with a fresh credit downgrade giving political ammunition to his runoff rival.
Moody's Investors Service last week downgraded the city’s credit rating, citing $20 billion in unfunded pension liabilities. The agency lowered the rating on $8.3 billion in general obligation debt to near junk bond status and issued a cautious forecast about the city’s longer-term financial future.
Chicago credit downgrade hangs over Emanuel s mayoral runoff race Fox News
"GTP"
