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
BOA will be waiting until Hell itself freezes over before seeing one thin dime from perpetually broke Cook County.
B Of A should go after Crooked County Board President personally
The irony is that terrible loans were not the result of discrimination, but rather, overzealous loan origination. It was anti-discriminatory to hand out loans like candy to people who could hardly support them, lest they be called ‘racist’.
I understand from a mortgage loan broker active during that period that the criteria was ‘can they fog a mirror?’ He bragged he could get anyone, and he meant ANYONE a mortgage no matter what their circumstances or the probability that they could repay the loan.
Questioning the ethics, he told me he had to support his family. The guy was making money hand over fist; basically a lowlife who was in the right place at the right time with the right code of ethics: none.