It shouldn’t have taken a PhD in economics to notice this – Wirepoints Quickpoint
May 17, 2024
57 Comments
What a representation of Chicago’s plight.
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“Recent fiscal results and the enacted fiscal 2022 budget suggest further improvements in operating performance and structural balance in the near and medium-term that could support” a ratings upgrade, the credit rating agency said.
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Twelve Illinois Congressmen vote against bill to give federal custody to non-citizen defendants charged or convicted with assaulting cops – Wirepoints Quickpoint
May 17, 2024
10 Comments
The bill passed despite their votes in response to certain incidents where local prosecutors are thought to have been too lenient with non-citizens assaulting cops.
The Chicago Teachers Union Plays Hooky – Wirepoints in the Wall Street Journal*
May 17, 2024
4 Comments
The Wall Street Journal Editorial Board cited Wirepoints’ analysis of Chicago student proficiency data in their latest piece condemning the Chicago Teachers Union’s outrageous contract demands…all while a vast majority of Chicago’s children graduate unable to read at grade level.
Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale
May 17, 2024
10 Comments
Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
Public education staffing has ballooned over the years…yet kids still can’t read – Wirepoints on with Jeff Daly of WZUS Decatur Radio
May 17, 2024
No Comments
Ted joined Jeff Daly to discuss how politicians can never spend enough on education despite there being no accountability for that spending, the growth of education staffing across Illinois, Mayor Brandon Johnson’s $1 billion demand for Chicago schools, why Gov. Pritzker is providing $830 million in taxpayer subsidies to struggling EV carmaker Rivian, and more.
This is the sad byproduct of losing the two GA senate seats – a blue state bail out which allows Jabba and other financially irresponsible govs to further kick can down the road. Not quite sure how credit rating agencies can “underwrite” federal aid which is non recurring in theory. The house of cards will implode soon enough.
It’s magic JB style.
Is this a joke?
The ratings agencies are whores.
Why do I have the sinking feeling that the budget is nothing but a Ponzi scheme…?
Because that’s what it is.
The CrapitalFax crew was excited about this super exciting news. Those mouth breathers will believe anything that fits the narrative.
As long as Biden can push through aid to the states every year, Illinois will be just fine. Without federal aid the Illinois shell game is all over. That is the sad reality.
I feel dumber after reading headlines at capfax; and I feel misinformed after reading the comments. It is such a hateful, intolerant site, and the people that post there are truly morally bad people.
“Those mouth breathers will believe anything that fits the narrative.…” That’s so inadventently hilarious to me since that’s how many Wirepoints responders seem to me with their continual drumbeat of the same basic narrative. It NEVER ends here. So, in the unlikely event that you’d take my response here as positive criticism I think you ought to realize that these broad-stroke denigrating expressions are never helplful to the overall hope for progress in our political climate. Secondly, your more agreeable set of responders than I are not needing that sort of response in that they are already in your political… Read more »
But calling your ideological opponents white supremacist racists and terrorists in need of re-education camps is a good way of convincing them of their error? Liberals cannot claim the high ground here.
I know you don’t do that, but there are plenty who do.
I understand what you’re saying, James, but it’s like saying that the Nazi’s were just good people with different political views. We aren’t fighting the other side over tax brackets or other mundane spending issues, its so much more than that. James, the Democrats in Illinois believe that killing unborn children in the womb, when they are halfway out of the birth canal (aka partial birth abortion) is somehow ‘health care’; that hateful anti-white discrimination is ‘equity’; that perverted sex grooming targeted to kindergarten children is ‘sex education’ and ‘antibullying’; that America is a horrible country that is nothing more… Read more »
Well, the one thing that’s wrong with your reply is you seem to think of all Democrats as having the same beliefs on every issue. You’ve mentioned a few here that don’t apply to my political beliefs, for example, and which I find abhorrent actually. So, its better to look at a person’s political party affiliation on a more personal level where major differences of opinion are likely. The problem is that we only have two parties of major political consequence in this country, and if you want your vote to “count” in real terms you have to sometimes pick… Read more »
I understand that not every democrat is an evil, morally repugnant person; but at every level of government, your democrat vote supports evil, morally repugnant policies. There is no distinguishing between the two.
The lesser of two evils is the Republican party because they don’t support evil, morally indefensible positions and call it ‘progress’.
Republicans tyoically support the super-rich. I guess you find that admirable as if anyone at all could get there with sufficent intelligence, skill and motivation. Not so in the real world even if almost reliably so according to the never-happening fantasy world of tricke-down of economics. The majority are “tricked down” on by something far less appealing. So, to me Republicans hold no superior moral ground either. You should vote for a candidate based on his/her own moral compass where you find it detectable at least. “Your mileage may vary.”
we don’t kill babies or force perversion upon children.
compared to Democrats, that makes us morally superior.
Please explain why you are here, as you find the community so abhorrent? Are you hoping to re-educate the deplorables, or simply troll and virtue signal? I ignore most of your comments because you focus on attacking this community, rather than participating in meaningful exchanges of ideas. Many sites have banned comments, because, as you’ve noticed, not every member of the commenters is a skilled communicator. Wirepoints is not Facebook, for good reason.
I find it a very interesting website, and that’s why I stay with it. The part that’s mostly repellant to me is the continual foul language and general denigration of people having differing beliefs, often done by people who’ve never “been there and done that” in their own working career. Its always easy to criticize as an outsider; things are always easily “solved” by those who’ve never had to do so. Secondly, because of its anonymity its become a place for foul-language, foul-intent pseudo-psychiatric blather rather tha one which stays with Wirepoints stated positon of wanting to solve political problems… Read more »
I, for one, welcome your presence here. Likely we’d disagree on many issues but you seem to be both candid and articulate. It seems that Illinois and Chicago are destined to have left-leaning judges and legislators for the foreseeable future. The euphemism is “progressive” but they have no resemblance to Teddy Roosevelt. Chicago and the State seem to be on a trajectory to insolvency and those who would ordinarily counsel fiscal reform (e.g., reducing pension accrual or funding public employee plans) seem to have embarked instead on a costly journey of social reform. That spending may temporarily address the looting… Read more »
I know people like James. They are closet republicans who proclaim to be Democrat because it would anger their spouse to vote R. I have relatives and friends. They say they are Democrats but really don’t want to be.
Your points are well said, and I share in believing nearly every one of them. One of the main problems at the present here in IL is that the pandemic relief funding given to states has made IL government so instantaeously “lottery rich” the elected officials don’t know what to do to spend it and are doing the usual political approach of taking on increasing obligations rather than being far more conservative about this temporary rain of unexpected cash. Two years from now we’ll still have terrible state debt obligations, surely still growing and having more government employees as well,… Read more »
Upvoted for content, but don’t get what the last sentence has to do with anything else you wrote?
That last sentence means nothing more than it says. I’m not chastising one party to any such agreement nor the other. Compromises always involve some give and some take for each side. Let’s be “patriotic,” quit the endless arguing and infantile name-calling in favor of making some compromises to keep the state of IL floating rather than eventually sinking.
Look what compromise did for Neville Chamberlin.
What does compromise mean? We go insolvent slower? We all pay higher taxes for longer periods of time? There’s no way to solve this problem with ‘compromise’.
The only solution is to defeat the unions and the public employees and return them to their place as public servants. And if they don’t like it, then they can leave the state too.
Okay, pardner. See you at the OK Corral.
The unions have been at war with the government and the public for years. it will take a long, brutal war, with their ultimate destruction, to root out that cancer. When we are #50 in the country for pensions and finance and debt and taxes….my friend, there is no room for any more compromise. It’s war take and we better start taking back lost ground.
Chamberlain was negotiating with Hitler. I am hoping Hitler was a one of a kind psychotic. Hoffa was a militant and Walter Reuther less so. Both faced intransigence from management and (in Hoffa’s case) from R. Kennedy. These days the opposing parties do not have private armies. We seem to have left behind the era where White patricians are dominant. It seems today as if the least tolerant among us are “progressive” Whites led by college faculties, followed by Blacks and Browns who sense or fear permanent serfdom. The Blacks and Browns seem to share a fading ideal (MLK) of… Read more »
Verbosity should be avoided.
I agree. You need a shorter reply. Maybe no words at all would have been even better.
Wow – why so bitter?
Ha Ha ha. Nobody believes this.
It’s positive for China
It seems as if most things in our ‘markets’ are fake now. Guess this was bound to happen when we have a Federal government hell bent on monetizing $T of dollars of spending. Hocus Pocus, Open Sesame! Poof!
The inflation I’m experiencing is very real.
Makes perfect cents! Must be the magic of the OBama Center. Fitch Rating has be-clowned themselves in spectacular fashion. Chicago is financially doing Great! Uh huh! Crime is down too!
Pretty credulous for guardians of the economy who are simply well paid parasites.