Day: June 11, 2020

Rating agency expects lawmakers to revisit pandemic budget as state teeters on ‘junk’ status – Center Square

Public finance watchdog Wirepoints President Ted Dabrowski said leeway during a crisis is fair, but he said there was nothing in the budget to change state spending practices or address structural deficits. “We’re continuing the same path we’ve been on which is the reason why we’re just one notch away from junk and I wouldn’t be surprised if we’re the first junk-rated state in the country.”

Read More »

Police Lounged, Napped In Congressman’s Office As Looters Destroyed Local Businesses, Video Shows – Block Club Chicago

Congressman Bobby Rush, whose office is at 65th Street and South Wentworth Avenue, said of the burglary to his office, “They even had the unmitigated gall to go and make coffee for themselves and some popcorn — my popcorn — in my microwave while looters were tearing apart businesses within their sight, within their reach…They were in a mode of relaxation and they did not care about what was happening to businesspeople, to this city. They didn’t care. They absolutely didn’t care.”

Read More »

The Fatal Conceit of COVID-19 Epidemic Models – AEIR

Comment: This really isn’t just for math wonks. It’s also for non-wonks who want a look behind the curtain on COVID projections. The math behind the curtain is mostly nothing more than high school algebra, but with lots of scary looking Greek abbreviations that are often just informed guesses.

Read More »

WGN Investigates: The economic cost of the COVID-19 crisis – WGNTV (Chicago)

Expenditures include more than $11 million to staff the alternate care facility at McCormick Place, where only 38 patients were transferred, and $1.3 million to rent more than 400 rooms at two hotels in Springfield for first responders, healthcare workers and COVID-19 patients who required isolation. But not a single person ever stayed at either property.

Read More »

Editorial: Defund Chicago police? No, make Chicago safer – Chicago Tribune

“In Chicago, hundreds of millions in taxpayer dollars each year are spent on affordable housing, homeless services, neighborhood opportunity programs, violence prevention, community engagement, racial justice, family and support services, police accountability, community relations and public health…Those appropriations tend to increase each year. So this is a problem much deeper than money appropriated to CPD.”

Read More »