http://www.cbsnews.com/news/co...file-for-bankruptcy/
As more and more states realize that they made promises they are not going to be able to keep, it will be interesting to see if the national government has to come to their aid and bail them out. Places like Illinois are losing citizens by the day due to increasing taxation and cesspools like Chicago where you are more likely to get shot than to meet someone who would support gun ownership and responsibility. With other states like California not far behind, I think we are moving closer and closer to a civil war. These states have huge numbers of government employees who are drawing huge pensions and benefits based upon employment in the 70's and 80's. I personally do not see how they will be able to pay for these without breaking the bank.