ILL-inois: Moody's drops NEIU's bond ratings to junk

Today is Boss Michael Madigan's 75th birthday. He got an early birthday present yesterday, a booby prize really, when Moody's announced that it is lowering the rating of Northeastern Illinois University's bonds to junk status.

Illinois is falling apart. Madigan, who is the chairman of the state Democratic Party, has been Illinois House speaker for 32 of the last 34 years. He's the only constant in the Prairie State's decline and fall.

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