(Psst. And Illinois is bankrupt):
This house of cards will come falling down -- along with your pension. If you've ever worked for the state, or even an agency that depends on state funding, or even a business or hospital or nursing home or college, your pension will take a hit when the state defaults. There is no federal guarantee fund for state pension obligations.Who wants to stay here, hmm? VOTE the bums out in November. It's our only chance.
P.S. The Next Generation’s Debt Burden: Timeline of the personal public debt burden for a child born in 2010