-- Connecting the dots between our economy, government and business --
A U.S. spy agency seeking a new $1.6 billion home for its western regional headquarters expects to remain in St. Louis rather than move to the city’s Illinois suburbs.
By: Mark Glennon* A recent report by New World Wealth identifies which cities and countries had the largest net inflow and outflow of millionaires in 2015. Chicago had the third largest net outflow based on the raw numbers — 3,000, and fourth by percentage — 2%. The full report is linked here.The other top cities for outflows, according to the report are in the chart below. According to IBTimes, “the report was based on data collected from investor visa programme statistics of each country; annual interviews with around 800 global high net worth individuals and with
“The union’s game plan is straightforward. Walk out. Kids go untaught. Parents grow angry. Publicity rolls in. The bureaucracy can’t respond fast enough. Political leaders cave. The union wins at taxpayers’ and students’ expense.”
According to media reports, Lewis and her husband, a retired teacher, own a Hawaiian condo, which they bought several years ago for $240,000, in addition to their home in Chicago’s Kenwood neighborhood, purchased in 2007 for $405,000. She and her sister share ownership of a vacation property in Union Pier, Mich., priced at $305,000.
The pension-funding crisis undermining the stability of Illinois and Chicago is rippling through hundreds of smaller governments, squeezing budgets as officials prop up teetering police and fire retirement funds.
Hoist Liftruck had been a fixture in Bedford Park, Ill. for years. But last year, the company president decided doing business in the state was just too expensive.
Tantrum Day.
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