In Greek mythology, a cornucopia is a horn of plenty, a metaphor for fullness and abundance. It’s the proverbial goat’s horn overflowing with whatever one wishes or desires.
In Illinois’ mythology, where the gods have decreed that political power is all-Democratic, all of the time, yet another cornucopia awaits. In the upcoming 2014, 2015 and 2016 election cycles, Democratic prospects are abundant and overflowing, while the Republicans’ are non-existent. Here’s an analysis,...Read the full story »
Like Rip Van Winkle, imagine you went to sleep on October 9, 2007 and didn’t wake up until yesterday. On 10/9/2007, equities were at record highs: 14,165 for the Dow Jones Industrial Average and 1,565 for the S&P 500.
You slept right through a housing bust, a financial panic, the deepest recession since the Great Depression, the passing (and upholding) of Obamacare, multiple bouts of debt-limit brinksmanship, two fiscal cliffs, the European financial “crisis,” a tsunami in Japan, the BP...Read the full story »
Social media provides the means to have conversations with people you may otherwise have never met, as well as with people you wish you would have otherwise never met.
Mr. Morrison and his friends at SEIU make sport out of pushing around disabled children. A few short years ago, it was Mr. Morrison who attempted to intervene between the parents of disabled children and their children by forcing public sector unionization on private home health care workers (thankfully he failed).
Such a moment occurred...Read the full story »
2016 Senate Shaping up for Illinois Democrats
In Greek mythology, a cornucopia is a horn of plenty, a metaphor for fullness...
Even with a few Gorings: Stay Bullish
Like Rip Van Winkle, imagine you went to sleep on October 9, 2007 and didn’t...
SEIU Executive Director: “I do the Brainwashing”
Social media provides the means to have conversations with people you may otherwise...
Greg Hinz Sells Out. Demand that Businessmen Be Quiet or they might “Kneecap” Obama
He went after Mayor Rahm Emanuel for doing too little to fix Chicago Public...
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He went after Mayor Rahm Emanuel for doing too little to fix Chicago Public Schools, which he said is “criminal” for sending to few students to college. Mr. Emanuel’s performance so far is “lackluster,” Mr. Griffin said, insisting that the mayor move to shut not 50 schools at tomorrow’s scheduled vote by the Chicago Board of Education, but 100.
That’s a nice thought, one that might well arrive on the aerie balcony after a Scotch or three. But it’s also...Read the full story »
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This year marks the 30th anniversary of the election of Harold Washington as mayor of Chicago. There have been numerous tributes and commemorative celebrations honoring the city’s first ever mayor of color—and first reformer in generations, despite the fact that Harold was taken from us before his second term was less than a year old.
Another Chicago guy similar of color—okay, maybe a little lighter—went Harold one better 25 years later and landed himself in the White House. The latter guy...Read the full story »
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From the Financial Times
Experts who follow the IRS say the controversy reflects not only the complicated nature of the rules governing such groups, but an agency that has cut corners because it is being starved of funds by Congress even as its responsibilities veer far beyond the collection of tax.
It has yet to be determined whether the IRS vetting was politically motivated, as Republicans allege. But the first independent inquiry into the matter, by the IRS inspector general, found that the improper...Read the full story »
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“I think we’ve seen this playbook from Republicans before. What they want to do when they are lacking a positive agenda is try to drag Washington into a swamp of partisan fishing expeditions, trumped-up hearings and false allegations. We’re not going to let that happen.” – Obama Adviser Dan Pfeiffer yesterday on “Meet the Press”
“This (IRS scandal) was a breach of the public trust. And we have to work together to rebuild that trust. That’s going...Read the full story »
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From the White House
AP: When did you first learn that the IRS was targeting conservative political groups? Do you feel that the IRS has betrayed the public’s trust? And what do you think the repercussions for these actions should be? <snip>
PRESIDENT OBAMA: Well, let me take the IRS situation first. I first learned about it from the same news reports that I think most people learned about this. I think it was on Friday. And this is pretty straightforward.
From...Read the full story »
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Certain things, like the sun rising, or the tides shifting, can be counted on. It’s also true that when government shrinks as a share of GDP, things start to pick up.
For the past three years, gridlock in Washington has held total spending by the federal government basically flat. This means federal spending has fallen from more than 25% of GDP to 22%, creating more room for the private sector.
Contrary to popular Keynesian thinking, this means entrepreneurship will have a more pronounced,...Read the full story »