joining me steve malanga, good to see you as always. we're in trouble, too.ke some places in the united states are in trouble. >> we are in trouble for a variety of reasons, and these are problems building for years, and what's been happening is politicians have been kicking the can down the road and we're getting to the point where our own boblts are saying we're not going to accept this anymore. we have places that have big problems. trish: chicago, obviously. >> really big problems. school system is insolvent and been that way for a couple of years. the reason they haven't had a cash crunch is because the legislature has been making them not pay their pension cost, but you can't go on doing this forever, and so essentially they're at the point where they're going to run out of money because the legislature is saying you got to start paying off this debt because you can't just promise people pensions and not have money to pay them. trish: and not actually do it. absolutely. and you look at what we're seeing in puerto rico, $72 billion, that the governor now