It shouldn’t have taken a PhD in economics to notice this – Wirepoints Quickpoint
May 17, 2024
58 Comments
What a representation of Chicago’s plight.
-- Connecting the dots between our economy, government and business --
Chicago Worst Of Major Cities In Nation With 75 Percent Of Commercial Office Debt Distressed – Commercial Observer
"Of cities carrying more than $5 billion of outstanding CMBS office debt, Chicago took the cake with a distress rate of 75 percent — meaning 75 percent of the city’s CMBS balance collateralized by office debt is distressed."
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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
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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.
The city that used to work!
with chumpy Chicago homeowner prop taxpayers to make up for any lost tax revenue in case of default or devaluation on all those downtown towers one can bet for sure….as “no collective bargaining required”–CTU/Brandon & crew lavishes gold plated deals on all his public sec union buddies
333 South Wabash is obviously declining in value (considerably), but property taxes increased from 7 million to 11 million last year. The property tax increases just accelerates the decline of the commercial real estate market.
THIS IS ALL LIES! I was told that foot traffic in downtown Chicago is 91% of pre-pandemic on weekdays and on weekends, foot traffic exceeds 2019 levels!
Carson’s , Fields, Sears, all still on State St.
All lies, you can still get a Wimpy’s with a shake. Yer darn tootin!
Here in Rockford I still miss Bob’s Big Boy. They closed decades ago. They had the best seasoned fries.