Chicago is truly “the Puerto Rico of The Plains.” Deep, deep in debt (declining population, rising expenditures). In a frantic move to raise their bond rating, Chicago is doing what the late David Bowie did back in 1997
The post Chicago, The Puerto Rico Of The Plains, Goes The “Bowie Bond” Route (Selling Off Rights To Receive Sales-tax Revenue) was originally published at The Wall Street Examiner. Follow the money!