Wirepoints’ Mark Glennon on AM560’s Morning Answer: Illinois Budget’s New Taxes Face Serious Constitutional Challenges
June 12, 2026
2 Comments
Audio and summary linked here.
-- Connecting the dots between our economy, government and business --
A mess of uncertainty and litigation is sure to follow.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
Ferro’s comment is indecipherably clueless. The stories that could’ve been “real journalism” were handed to the “reporters” and editors on a silver platter, with the obviously egregious # of govt ‘ees, their Rolls-Royce pay and pension packages…….the associated egregious taxes, then the budgets that never worked………my gosh, how easy would it’ve been to get some journos onto those stories over the last umpteen years? Not to mention the jobs-killing and family-killing effects of excess govt and warped incentives ? My guess is that Ferro still doesn’t get it.
I think there is a role that newspapers could play. They need to cover local stories from an unbiased point of view. Dig dig dig and report the facts. Hard for bloggers to do that-although they can. The fourth estate is enshrined Constitutionally. While bloggers can use their free speech, sometimes what they do is opinion and not fact. Too often, I see opinion in headline writing and in the ways reporters report the news.
Hiring a forensic accountant, using good reporters, and the FIA, the news media could do their patrons a great service by informing them accurately.
The voting booth is one of the few places a person can express his/her views candidly without being subject to criticism, ostracism, retaliation etc. by the cadres of the politically correct — both of the left and the right. This election season has brought Trump into the fray and on to the ballots — in my view, because he is not threatened by his opponents’ name-calling. It will be interesting to see whether the Nov. election has a large turnout by voters whom Nixon called the Silent Majority. I’m not a Trump supporter, but he seems to have found the… Read more »
Yup. Like Trump or not, it’s absolutely astonishing that he’s thriving despite the most extraordinary onslaught from both the media and his own party that we’ve ever seen.
OB: Excellent comments, but my disagreement would be your referral to WSJ as ‘right wing’. They are “establishment”. I’ve had it delivered to my house for a year now, and been very disappointed. I wanted to see some fiscal conservatism and rallying around the need to protect our borders and cool it with the maniacal immigration both legal and illegal. WSJ seems in favor of open borders, and they make many mistakes that typical Libs make w/r/t federal budgeting, social security, etc.
They haven’t just “seemed” to favor open borders, they were express about it in the past — Robert Bartley and Jason Riley, editors there. Cato Institute, too.
Bloggers present the other side of the story that the traditional media, with it’s unapologetic liberal bias fail to report. In addition Wirepoints, TIA, Illinois Policy, Mish et al have real numbers to back up everything they say. Most of the reporters don’t take time to dig deep, or question the info they are given. I run a machine in a manufacturing environment and I come home and read CAFR’s and bond reports. The reporters come home and read one page press releases and never question the numbers. A good journalist never takes anything at face value, they do independent… Read more »
I suspect that Mr. Ferro also dislikes elections being decided by voters.