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Articles Archive for January 2011

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[31 Jan 2011 | No Comment | ]

In response to our observation that Gross Private Domestic Investment actually declined 5.8% in Q4 of 2010, we asked our contributor Brian Wesbury for a further explanation of the drop.
This nominal drop is highly misleading. Gross Private Domestic Investment (GPDI) includes 4 major components.
1) Residential Investment (mainly housing), which was up 5.3% at an annual rate.
2) Non-residential structures (plant, warehouses, office buildings, etc.), which was up 4.1%.
3) Non-residential equipment and software (business investment), which was up 5.6%. And
4) Inventories, which were down $114.2 billion in Q4.
In other words, the entire …

Syndicated »

[31 Jan 2011 | No Comment | ]

House Speaker John Boehner (R-OH) issued the following statement welcoming U.S. District Court Judge Robert Vinson of Florida’s ruling that the job-destroying health care law is unconstitutional, and calling for expedited review of his decision: “Today’s decision affirms the view,…

Chicago, Syndicated »

[31 Jan 2011 | No Comment | ]

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Check out the new website produced by DePaul journalism students that covers news…

(If you like this story, come vote it up on Windy…

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[31 Jan 2011 | No Comment | ]

* Rocky Wirtz’s lawyers went on and on in a brief filed with the Supreme Court today about how they thought they had a deal with the attorney general’s office. They originally figured both sides would ask for a stay of the appellate court …

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[31 Jan 2011 | No Comment | ]

With several crucial decisions facing the Illinois Supreme Court, drawing headlines and the Court’s members being elected by district voters, who financially backed the candidates, bought ads, campaign collateral and paid staff for the campaigns is relevant and pertinent. The…

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[31 Jan 2011 | No Comment | ]

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Mayor Richard Daley today said he plans to meet with top officials at United and American…

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[31 Jan 2011 | No Comment | ]

   As Gov. Pat Quinn prepares to sign that bill legalizing civil unions this afternoon, Chicago’s mayoral candidates are making him look like a piker when it comes to gay rights.    Candidate questionnaires indicate that all fo…

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[31 Jan 2011 | No Comment | ]

By Mark Rhoads The election of President Barack Obama in 2008 was supposed to be like crossing the Jordan River for many on the Left and delivery to the promised land. I realize they might not appreciate the religious meaning…

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[31 Jan 2011 | One Comment | ]

It is difficult to imagine Rahm Emanuel as a sympathetic, victim-like figure, but whoever actually financed the effort to remove him from the Chicago mayoral ballot did the trick. By the time the Illinois Supreme Court reflexively restored his name, such a crescendo of support had built up that he stands a good chance of winning the job outright on Feb. 22 instead of being forced into a runoff.

To do so he must get 50 percent of the vote plus one; otherwise he will have to run against the second-place …

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[31 Jan 2011 | No Comment | ]

A blog that looks into Chicago’s power couple.