[ • 19 Sep 2017 • 2 Comments]
Let ‘s momentarily leave  the bizarre menage-a- trois of Donald, Chuck and Nancy and return to Illinois Democrats’ main target, Governor Bruce “The Ruiner” Rauner. He’s the state’s least popular politician–with the possible exception of Speaker of the House and Democratic Chairman Michael Madigan. But despite his low numbers, he has tons of money–a geyser of his own dollars, replenished by the state’s richest person, Ken Griffin. Remember,...

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[ • 19 Sep 2017 • No Comment]
City Treasurer Kurt Summers announced Monday morning he was depositing $20 million of the city’s funds in Illinois Service Federal Savings and Loan, breathing new life into the last black-owned bank in the city. Summers reportedly has been working on the deal for over a year to invest city funds into the community bank headquartered at 4619 S. Martin Luther King Drive, which looked headed toward closure and the same fate as the city’s other black-owned banks two years ago. Read more at DNAinfo Read...

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[ • 12 Sep 2017 • One Comment]
For a couple of decades now, every time there is a mass shooting the country seems to be on the verge of a serious discussion about gun safety and how to achieve it. But thanks to the good offices of the National Rifle Association and its kin, we always cut the discussion short–if it gets under way at all. This past couple of weeks have seen even more death and destruction and suffering  caused by record climate events than all the  recent shootings combined, but whenever someone raises...

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[ • 7 Sep 2017 • No Comment ]
“Are you an orthodox Catholic?” Durbin asks Barrett. Religious tests for public office are unconstitutional. Durbin should immediately recuse himself from voting on this nomination. https://t.co/4evQwcp695 — John Podhoretz (@jpodhoretz) September 6, 2017 The No Religious Test Clause of the United States Constitution is a clause within Article VI, Section 3. By its plain terms, no federal office holder or employee can be required to adhere to or accept any particular religion or...


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[ • 6 Sep 2017 • No Comment ]
One would think damn near every anti-Trumper would know that violence from the left does nothing but play right  into Trump’s hands, but those who call themselves “antifa”–meaning anti-fascists–and their sympathizers don’t seem to get it. The antifas and their overlapping relatives, contemporary anarchists, haven’t killed anyone to my knowledge, but they’re known for carrying bats and assaulting or fighting with Trump supporters at rallies and meetings–also...


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[ • 5 Sep 2017 • No Comment ]
The hits keep coming. Hurricane Harvey left destruction in its wake, and now, Hurricane Irma has Florida in its sights. It’s been five years since Hurricane Sandy, nine years since Ike and twelve years since Katrina. As with all major weather events, personal tragedy, pain, suffering, and loss are left in their wake. We have prayed, and continue to pray, for those affected. But at the same time, in our job as economists we look toward rebuilding and economic restoration. This is where investors...


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[ • 29 Aug 2017 • No Comment ]
Should we be surprised that Donald Trump, who once strongly opposed the war in Afghanistan but also declared himself the most “militaristic” presidential candidate, has decided to put more money and cannon fodder into America’s longest war?  That nearly-16-year war no one really believes is winnable?  A  war where no one even knows what “winning” looks like?   A perpetual war where as much money is absorbed by the corrupt Afghan government as is spent for the...


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[ • 23 Aug 2017 • No Comment ]
While the Sunday morning talk shows discuss the number of Civil War monuments that can dance on the head of a pin…and a rare Eclipse grabs focus…investors might be shocked at how the economy has accelerated. Although we still have more than a month left in the third quarter, and many more pieces of data to come, as of August 16th the Atlanta Fed’s “GDP Now” model, which tracks and estimates real GDP growth, says the economy is expanding at a 3.8% annual rate in...


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[ • 22 Aug 2017 • No Comment ]
It’s an established, transparent pattern by now. When Trump is having a bad week or seriously under fire, he has a near-genius for changing the subject by week’s end. Sometimes it’s an outrageous tweet to distract attention–sometime an overt action, such as this past Friday’s firing of “Darth” Bannon. Most White House observers knew Bannon’s days were numbered. He actually submitted his resignation on August 7, but Trump held it for use at an appropriate...


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