Home » Archive

Articles Archive for June 2013

Syndicated »

[30 Jun 2013 | No Comment | ]

. . . in Egypt: From a friend on the ground in Egypt… Who describes the protests as being united against Morsi in big numbers.

Featured, Headline »

[28 Jun 2013 | No Comment | ]

From Crain’s
 
The owner of the Rivers Casino in Des Plaines is fighting a new Cook County gambling tax that could cost it around $1 million annually.
Rivers owner Midwest Gaming & Entertainment LLC, whose chairman is real estate mogul Neil Bluhm, alleges in a lawsuit that the tax violates both the Illinois Constitution and the state law governing casino gambling here.
Last November, the county board approved a tax of $1,000 for each gambling device in the county, such as slot machines, as part of its $3 billion budget for this year. A tax of $200 …

Syndicated »

[28 Jun 2013 | No Comment | ]

* Chicagoans love to boo politicians at public events. As I noted in comments earlier, I took my brother to Blues Fest many years ago and he was surprised to hear Harold Washington roundly booed. I had to explain the tradition.
But the reception for …

Featured, Headline »

[28 Jun 2013 | No Comment | ]

While he was a sitting U.S. Senator, Barack Obama attempted to steer $10 million in taxpayer money to a Chicago nonprofit under investigation for potential fraud, according to an email sent by the nonprofit’s then-director of operations.
 

Former Save-A-Life Foundation (SALF) director of operations Vincent Davis sent an email dated June 10, 2007 to Eric Brandmeyer, an official at an Illinois hospital trying to implement SALF’s controversial first-aid training programs at a local school district. Davis assured Brandmeyer that public funding for SALF would remain strong in the aftermath of a …

Featured, Headline »

[28 Jun 2013 | No Comment | ]

Market behavior – especially since Fed Chair Ben Bernanke mentioned QE tapering – has been relatively dramatic. Not unprecedented, but dramatic. By contrast, the reaction of the punditry has been way over the top.
 

 
If the Fed were a baby, last week’s move was the equivalent of crawling. It “announced” it was maybe, sorta, kinda, thinking about ending QE sometime in the next year. This isn’t even a baby step, but some who used to complain about easy money now complain the Fed is sprinting toward tightening and are mad that …

Syndicated »

[28 Jun 2013 | No Comment | ]

* Bill Daley travels to the Metro East today…
His first political foray downstate since this month’s announcement of his candidacy will come today, when he attends a Madison County fundraiser with former Judge Ann Callis, who is running for Congress.
Callis’ campaign Facebook page says the kickoff fundraiser features former NFL great Marshall Faulk. […]

Syndicated »

[28 Jun 2013 | No Comment | ]

* David Axelrod says the obvious: Attorney General Lisa Madigan’s father issue is gonna be a big problem if she runs for governor…
“I think Lisa is a tremendous public official. I have a maximum high regard for her,” he said. “I think this is a genuine problem. I think it’s one she has to resolve […]

Syndicated »

[28 Jun 2013 | No Comment | ]

* The Tribune recently ran this story about pension reform and Gov. Pat Quinn…
During the past 14 months, Quinn has made a dozen or so major pivots on the pension reform issue. He’s also twice called lawmakers into special sessions. So far the state’s chief executive has come up empty while Illinois’ public pension debt […]