Beyond all its other problems, Chicago could take a $200 million dollar hit from risky financial “swap” transactions that Mayor Daley stuck the city with. http://politics.suntimes.com/article/chicago/exclusive-financial-time-bomb-chicago/tue-06172014-731pm
$1.7M in tax breaks to keep World Machinery here, which hopes to have 150 to 175 employees within five years. via Firm gets tax breaks, agrees to stay in Illinois.
Ubi est mea. -The motto Mike Royko assigned to how things work around here (“where’s mine?”) By: Mark Glennon Should Illinois taxpayers fund a grant for expansion of a co-working space for tech entrepreneurs, which was announced today? How about other subsidies to promote tech and entrepreneurship? And if public financing is sensible, shouldn’t we pay for it ourselves instead of borrowing it from our kids through bond sales? What happened to “ask not….”? My opinion, as one who has spent a large part of his adult life promoting that same entrepreneurial community, is that state money for such things
Comment: Especially important to hear him say this: “You’re going to see a ballot integrity program this year that is going to blow your mind. It’s going to be something you’ve never seen. They’ll need that because Dems are gearing up to do the opposite. http://www.ilnewsfeed.com/bloomington/state-gop-chair-sticks-to-talking-points-in-bn-stop/
…with money from taxpayers. See our own article about that. http://www.chicagotribune.com/business/ct-1871-expansion-0617-biz-20140617,0,7331860.story
http://www.chicagotribune.com/news/opinion/editorials/ct-remap-amendment-edit-0617-20140617,0,6744267.story
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER