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-- Connecting the dots between our economy, government and business --

-- CONNECTING THE DOTS BETWEEN OUR ECONOMY, GOVERNMENT AND BUSINESS --

Day: August 19, 2018

Unbalanced Illinois…again and again and again

August 19, 2018 4 Comments

Illinois’ sham state budget is officially unbalanced yet again. The budget imbalance of $1.2 billion was confirmed to prospective investors in an upcoming bond offering.

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Illinois Tells Voters Its Budget Is Balanced, Warns Bond Investors It’s Not – Quicktake

August 19, 2018 3 Comments

Because you get sued for lying to bondholders but not to voters.

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New Report On Chicago Schools Sexual Assault Scandal Indicates Huge Liability Issue – Update – Quicktake

August 19, 2018 3 Comments

Maybe over $1 billion? Easy.

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How Emanuel is misleading you on the city’s debt – Wirepoints’ Mark Glennon – Crain’s

August 19, 2018 1 Comment
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Chicago Stupidity: Universal Basic Income, Pension Obligation Bonds, and Divestment – Stump

August 19, 2018 No Comments
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Chicago Has Another Bond for You – Editorial – Wall Street Journal

August 19, 2018 No Comments

The city may try to paper over its pension woes with new debt.

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Moon and stars pension promises – Eric Allie Cartoon

August 19, 2018 No Comments

Moon and stars pension promise

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Rest of the nation sees 31 percent faster jobs growth vs. Illinois – IL Policy

August 19, 2018 1 Comment
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Rauner signs bill shedding light on school district administrative spending – IL Policy

August 19, 2018 No Comments
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Why Chicago is the best answer to Amazon’s talent challenge – Crain’s

August 19, 2018 No Comments

Comment: All true as far as this article goes, but how can you write this with no mention at all of the city and state financial issues? Still, our sources indicate Chicago is indeed on Amazon’s short list of sorts. Let’s hope (subject to seeing the full details of what taxpayers would have to pay) it’s true.

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Ives: “Any Dem that says they support business is lying to you” – IL Review

August 19, 2018 4 Comments

Comment: If somebody can name even one Democrat in the Illinois General Assembly who has worked to help business and employers, please name them and state why.

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Lake county worries about flooding from massive Foxconn plant – Milwaukee Journal-Sentinel

August 19, 2018 No Comments
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Chicago workers’ comp: $100 million a year, but no oversight – Editorial – Chicago Tribune

August 19, 2018 No Comments

“Emanuel and every candidate on the ballot in 2019 should be on the hot seat regarding this question: Why should an elected alderman continue to act as a program administrator, in the dark, on an issue as expensive and important as workers’ comp? And why should he (or anyone) operate outside the watchful eye of an inspector general?”

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‘Systemic Deficiencies’ Allowed Sex Abuse to Persist Within CPS: Report – WTTW

August 19, 2018 1 Comment

Comment: We wrote earlier that, while the human aspect of this tragedy is paramount, the financial liability of CPS is also a major concern. This new report certainly appears to significantly increase the likelihood that CPS will face massive liabilities. We will write again on that soon.

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Chicago opens door to more firms on its underwriting and advisory pools – The Bond Buyer

August 19, 2018 No Comments

Comment: Rahm must need a larger pool of campaign contributors.

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Here are Chicago companies on Inc. 500 list of fastest-growing firms – Chicago Business Journal

August 19, 2018 No Comments
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Rahm Emanuel tells the truth about Chicago violence and gets fierce – American Thinker

August 19, 2018 1 Comment
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Elon Musk’s O’Hare express project is ‘fool’s gold,’ Vallas says – Chicago Sun-Times

August 19, 2018 No Comments

Vallas flatly predicted that the $1 billion project would never get built because of concerns ranging from environmental impacts, regulatory approvals and financing costs to what lies underground and Musk’s unproven, low-cost, high-speed tunneling technology.

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Illinois offering document paints a gloomier picture than its politicians – The Bond Buyer

August 19, 2018 No Comments
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Moline business owner reacts to survey failing Illinois in small business friendliness – WQAD

August 19, 2018 No Comments

Perspective from a border city.

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Dolton, Robbins say low water bill, property tax collections to blame for still owing Chicago millions for water – Cook County Record

August 19, 2018 2 Comments
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‘I know he’s frustrated’: GOP megadonor on staggering losing streak – Politico

August 19, 2018 No Comments
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Railcar manufacturing plant to close in Illinois – Herald-Whig

August 19, 2018 No Comments

Nippon Sharyo announced Thursday that it would be closing its Rochelle plant at the end of this month after a failure to deliver 130 bi-level Amtrak passenger cars for Illinois and California.

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Why Is Motorola Leaning into its Chicago Roots? – Chicago Magazine

August 19, 2018 No Comments
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Illinois hunters will soon be allowed to wear pink – Belleville News-Democrat

August 19, 2018 1 Comment

Finally.

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Chicago Teachers to Ban Pension’s Private Prison Investments – Bloomberg

August 19, 2018 No Comments

Comment: Why not play social justice warrior with pension money? After all, if returns fall short, taxpayers have to make up the difference.

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Governor Rauner, veto HB 2624 – American Thinker

August 19, 2018 No Comments

“Rauner needs to stand up for the nearly one million sole proprietors, veto HB 2624 and give residents of Illinois access to affordable health insurance that never materialized under the Affordable Care Act.”

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-- CONNECTING THE DOTS BETWEEN OUR ECONOMY, GOVERNMENT AND BUSINESS --
-- CONNECTING THE DOTS BETWEEN OUR ECONOMY, GOVERNMENT AND BUSINESS --
Today: April 13, 2026
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