Swift action needed against human trafficking – The Telegraph

In Illinois, Chicago is a major port of entry for human traffickers and the FBI has designated it as one of 13 high-intensity areas for child prostitution. The city is not the only problem area in the state, though. As more pressure is put on the illicit trade there, it has fanned out to other locations. Human-trafficking arrests have been made in such places as Springfield and Rockford in the past decade.

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University of Chicago Tells Millennials to Suck It Up, “We Do Not Condone ‘Safe Spaces'” – Zero Hedge

In a refreshing and stark contrast to other universities that have seemingly tripped over themselves to accommodate every silly request from America’s pampered Millennials in their never ending quest for “safe spaces,” the University of Chicago has sent the incoming class of 2020 a letter making very clear that they will find no “safe spaces” in their intellectual journey at Chicago. Comment: Yes! Now, that’s what universities are supposed to be.

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Mining industry fights downturn in southern Illinois – WPSD

People working in the coal mining industry know it’s been another tough year, with jobs lost and mines shutting down. Since 2014, Illinois has produced about two million fewer tons of coal and has lost about 1,600 jobs. But industry leaders in Marion on Wednesday say they’re not giving up, they’re fighting against the trend.

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Why You Should Love the New Name for Chicago White Sox Home: ‘Guaranteed Rate Field’ – WP Original

By: Mark Glennon*   Don’t ridicule the new name for the home field of the Chicago White Sox, formerly, U.S. Cellular Field. It’s now Guaranteed Rate Field.   This could be a great opportunity to educate the general public about the primary thing bankrupting Illinois, Chicago and many other towns and cities.    Defined benefit public pensions, most of you probably know, account the lion’s share of our state and local fiscal crises. And what’s the main thing wrong with them? It’s that they take in contributions from taxpayers and employees and invest that money in things with an uncertain

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Analysis: Teachers Unions Are The Man — Union Employees and the Fight for Better Contracts – The 74

Teachers unions themselves have unionized employees. In collective bargaining with their employees, teachers unions have formally proposed merit pay, reductions to due process protections, health-care and other benefit rollbacks, and threats to use replacement workers. On pensions, that tables are turned: “Will union managers come up with a solution consistent with what they advocate as labor representatives?”

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Lowest-Rated State Now Has $573 Million of AAA Bonds to Issue – Bloomberg

“Illinois’s next big bond deal sounds like a municipal-market oxymoron: the worst-rated state in the nation is offering more than half a billion dollars of AAA debt.” Comment: That’s because the bonds will be secured by a stream of sales-tax revenue that’s diverted to investors. The muni bond world has finally figured out that secured bonds are better than unsecured general obligation bonds. When municipalities and states hit the wall, expect unsecured creditors (which include unfunded pension liabilities) to be surprised to learn that all valuable assets are already mortgaged to somebody else.

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Borrowing page from Obama’s past, activists seek slice of library pie – Chicago Tribune

Community organizers are already staking a claim for some of the pie, seeking more than just broad assurances that local businesses and residents will share in the gains. Their ultimate goal is ambitious: A written guarantee that struggling neighborhoods near the center will benefit from new jobs, enhanced schools, commercial revival and a commitment to affordable housing so the poor will not be pushed out.

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