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[25 May 2010 | No Comment | ]

Who in his right mind would be against health insurance for every child in Illinois?
Certainly none of the politicians, health care providers, labor unions and special interests that in 2005 so enthusiastically bought into then-Gov. Rod Blagojevich’s All Kids program. Certainly not tens of thousands of illegal immigrants, the major beneficiaries of the program. From Citizen Action/Illinois to the Illinois Hospital Association, from the Chicago Teachers Union to the Peruvian Cultural Center, they all hailed it as some kind of nirvana.

They were wrong. Now, five years later, All Kids has …

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[25 May 2010 | No Comment | ]

At the risk of sounding like conservative curmudgeons who have nothing better to do than to explain why everyone else just doesn’t get it, we think one of the main problems the markets are having these days is that there is little understanding of history.

The level of anxiety and negativity, by investors, pundits and many analysts, seems out of proportion to the facts. Negativity has reached such high levels that many people seem to have lost perspective. This seems true from a short, medium, and longer-term point of …

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[24 May 2010 | No Comment | ]

From the Capital Fax
* Meanwhile, the Chicago Tribune editorial board trotted out its goofy, discredited budget plan again today…
Three months ago, on Feb. 28, we offered an option that’s still available: at least $6.4 billion in recurring savings that would in time nix the deficit:
Then they go on to rehash their horrifically vague and no-can-do “plan.” As I’ve pointed out before, a $6.4 billion cut does not equal $13 billion, no matter how long that cut (which is mostly imaginary anyway) stays in place. It cuts $6.4 billion (which it doesn’t, …

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[24 May 2010 | No Comment | ]

Cable-babblers and other great minds have been trying to impose some predictive pattern on the mixed results of last Tuesday’s proctoscopicly analyzed elections. Each is looking for and hoping to be the first one who identifies the final pattern for November.

They are all babbling up the wrong cable. But in this world that is what they must do: Babble on even with nothing to say because they have this sanctified 24-hour news cycle, which must be filled and refilled, even when the filler is hot air.
To be sure, the results …

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[24 May 2010 | No Comment | ]

Via the Sun Times
Asked Friday if further cuts to the Department of Corrections would mean more early-release of prisoners, a practice that has already brought bad press for Quinn, the governor said, “No.” He said he hopes not to cut from corrections, health or education. Of course, those areas account for most of the spending in the budget.
Even if Quinn gets everything he asks for from the Legislature, that still leaves a $6 billion deficit.
“It’s not like the demand for those services go down with the cut. These are vulnerable …

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[23 May 2010 | 3 Comments | ]

Please join Tom Roeser, chairman of the editorial board of the Chicago Daily Observer as he welcomes Forrest Claypool, independent candidate for Cook County Assessor, and Lee Daniels, former speaker of the Illinois House.

Tune in on WLS-AM 890 at 8pm.
Listen Live Here
Call in here +13125918900

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[22 May 2010 | No Comment | ]

Republican candidate for LG Jason Plummer drew the line in the sand against releasing his individual tax return to the public weeks ago, and he’s not budging, no matter how hard the media pushes.  In an interview with Associated Press, he said:
“I don’t think a person’s economic status, their financial status, should be a standard for whether or not they can run for office,” Plummer said in an interview with The Associated Press. “I’ve never voted for anyone because they’re rich or poor, white collar or blue collar. I vote on the …

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[21 May 2010 | 12 Comments | ]

“Obama learned his lesson well.” — quote attributed to L. David Alinsky, son of Saul Alinsky.
From time to time, media reports have referred to a unique brand of systemic corruption and political hardball tactics as being “the Chicago Way. “ The term is taken from the motion picture adaptation of “The Untouchables.” The screenplay was written by David Mamet. Although the exploits of Eliot Ness were exaggerated in the film, much like the original television series which often dispensed fiction for fact, the drama nonetheless struck a responsive …

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[21 May 2010 | No Comment | ]

“No more bailouts, no more greed, how many profits do you need?”
That’s been a signature chant of community organizers and Big Labor thugs who have stormed bank offices and financial executives’ private homes decrying corporate welfare over the past several months. But now that the federal government and a coalition of big banking interests are poised to bail out a crony Chicago bank with longtime ties to the Obama administration, Saul Alinsky’s avenging angels are nowhere to be found.

ShoreBank is a Windy City investment bank with all the right (or, …

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[21 May 2010 | 6 Comments | ]

It’s time for some remedial classes for Congress and the Administration. Someone has to teach them how to read. Someone has to tell them that they need to read bills before they sign them into law, and read laws before they criticize or make plans to bring suit against them.

Senator Christopher Dodd told the nation that he didn’t know he had favored status and was given a mortgage far below the going rate. He said he hadn’t read a letter from the mortgage company telling him of …