Another admission of bankruptcy (in every way): a proposal to dissolve Illinois.
It is somewhat ironic that while Puerto Rico is begging for statehood to deal with overwhelming debt, there is a call to dissolve Illinois to deal with a similar situation. We’ve already seen that the mainstream media is finally admitting that Illinois is bankrupt. (Too bad they waited until it was too late.) Now, the Chicago Tribune is publishing a serious column that proposes that the government dissolve Illinois and split up the territory between the other states.
John Kass writes under the headline, “What to do with a broken Illinois: Dissolve the Land of Lincoln.”
Illinois is like Venezuela now, a fiscally broken state that has lost its will to live, although for the moment, we still have enough toilet paper.
But before we run out of the essentials, let’s finally admit that after decade upon decade of taxing and spending and borrowing, Illinois has finally run out of other people’s money.
Those “other people” include taxpayers who’ve abandoned the state. And now Illinois faces doomsday.
So as the politicians meet in Springfield this week for another round of posturing and gesturing and blaming, we need a plan.
Dissolve Illinois. Decommission the state, tear up the charter, whatever the legal mumbo-jumbo, just end the whole dang thing.
We just disappear. With no pain. That’s right. You heard me.
The best thing to do is to break Illinois into pieces right now. Just wipe us off the map. Cut us out of America’s heartland and let neighboring states carve us up and take the best chunks for themselves.
The group that will scream the loudest is the state’s political class, who did this to us, and the big bond creditors, who are whispering talk of bankruptcy and asset forfeiture to save their own skins.
But our beloved Illinois has proved that it just doesn’t deserve to survive.
So why not let our friendly neighbors like Indiana, Wisconsin, Iowa, Missouri and Kentucky just take the parts they want?
How did it come to this? Here’s an explanation posted in March:
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