-- Connecting the dots between our economy, government and business --
Government workers watch stock market boom as their retirement security collapses
http://www.suntimes.com/news/mitchell/29804287-452/rev-james-meeks-on-backing-bruce-rauner-there-comes-a-time-that-black-people-will.html#.VBIN5EifiLw
Municipal analysts should scrutinize local pension plans because they are subject to more event risk, according to a report by Chicago’s Loop Capital Markets. Loop Capital’s full presentation is linked here. http://www.bondbuyer.com/news/markets-buy-side/loop-to-analysts-focus-on-local-pension-plans-1066045-1.html#174_159900781_15722_-1_1410439376696
Senate President John ‘No Crisis’ Cullerton is the mastermind behind this effort to have us refuse to believe what we see with our own eyes. It cites last month’s COFGA report as positive evidence. In fact, it showed a six percent revenue decline for the state, YTD compared to last year. Senator, we like Illinois, too. That’s why we want you out. http://www.ilikeillinois.com/
http://www.redeyechicago.com/news/local/chi-chicago-hiring-20140911,0,6246590.story
The Cook County Board on Wednesday banned lobbyists from discussing business with county commissioners while they are on the floor of the boardroom during public meetings. http://politics.suntimes.com/article/chicago/lobbyists-banned-doing-business-county-board-meetings/wed-09102014-531pm
Chicago police like the mayor about as much as librarians and teachers do. And the reason? Pensions. http://www.chicagoreader.com/chicago/mayor-rahm-agrees-to-new-police-contract/Content?oid=14918956
The Single-Room Occupancy and Residential Hotel Preservation Ordinance, to be introduced at Wednesday’s City Council meeting, includes incentives to induce building owners to maintain a certain threshold of affordable units in their buildings. http://www.wbez.org/news/chicago-sro-owners-say-proposed-city-ordinance-hostile-110775
Media professionals remember Hoff as “a balding everyman who illustrated his forecasts with cartoon drawings of Windy City characters, including the ‘Vice President in Charge of Looking Out the Window.’ ” http://www.robertfeder.com/2014/09/10/remembering-p-j-hoff-chicagos-original-weatherman-with-character/
Supporters of hydraulic fracturing say new rules drawn up by the Illinois Department of Natural Resources throw up too many hurdles for companies that want permits to begin work in Illinois. http://politics.suntimes.com/article/springfield/permit-hurdles-worry-illinois-fracking-supporters/wed-09102014-521pm
The real question is not why companies are fleeing the USA (and, likewise, states such as Illinois), but why the political establishment continues to drive them out. http://illinoisreview.typepad.com/illinoisreview/2014/09/hughes-who-really-pays.html#more
It’s unclear if state officials will release complete information about companies seeking to grow or sell medical marijuana in Illinois. http://www.myfoxchicago.com/story/26496457/state-officials-keep-medical-pot-under-wraps
http://politics.suntimes.com/article/springfield/county-pension-reform-headed-springfield/tue-05132014-714pm
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