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Articles Archive for May 2015

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[30 May 2015 | No Comment | ]

Last month we explained why the dreaded threat of hyperinflation hasn’t materialized, and likely wouldn’t materialize, in spite of the huge expansion of the Federal Reserve’s balance sheet the past several years, including QE1, 2, and 3.
The April inflation report, released Friday, underscored this theme. Consumer prices rose a tepid 0.1% in April and were down 0.2% from a year ago. With the exception of the Panic of 2008 and its immediate aftermath, that year-to-year decline was the lowest reading for inflation in 60 years.

However, this doesn’t mean the US …

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[27 May 2015 | One Comment | ]

From Crooked City
Unable to win in court, Taylor began playing the media, a common strategy in wrongful conviction cases. He relentlessly pushed the claims against Burge and his men, setting up marches, speaking out in the media and forming allies with media and political elites. Soon he got other inmates to make the same claims about Burge and his men.

In particular, Taylor formed an intimate connection with a cadre of journalists—Steve Mills, Mike Miner, John Conroy, Eric Zorn, and Mary Mitchell, among others—wholly willing to push wrongful conviction claims, particularly …

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[27 May 2015 | No Comment | ]

Continuing his second-term reshuffling, Mayor Rahm Emanuel is naming new heads of two agencies that manage the city’s own construction projects and pretty much control who gets to build what.

Taking over as commissioner of the Department of Buildings is Judy Frydland, who now is deputy corporation counsel for building and license enforcement. Frydland, who serves as one of the city’s top prosecutors in Housing Court, will succeed Felicia Davis.

In a statement, the mayor’s office said Frydland will enforce the building code, and continue efforts to slash red tape for those who need permits.

Davis won’t be going far. She’ll take over as executive director of the Public Building Commission, which manages the city’s own construction projects and performs similar duties for other agencies, such as Chicago Public Schools.

She’ll succeed Erin Lavin Cabonargi, who is stepping down for a private-sector job, working as director of construction and development for Sterling Bay.

Read more:

Emanuel wants your opinion — on slashing red tape and more
Emanuel lays out new effort to slash small-biz red tape
Opinion: Hey, Chicago’s next mayor: Help all entrepreneurs thrive

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[27 May 2015 | No Comment | ]

Phil Lawler, of Catholic World News, thinks so. A contributor to the Chicago Sun-Times reports that he had a friendly exchange with Archbishop Blaise Cupich on the topic of same-sex marriage, and reproduces large chunks of that exchange for his readers. Naturally the archbishop says that he does not support legal recognition of same-sex marriage. […]

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[26 May 2015 | No Comment | ]

Hymn translated by Ronald Knox, one of many for the Westminster Hymnal in the late ’30s. The very forcefulness of it would never pass in a church of today. Finita jam sunt proelia Battle is o’er, hell’s armies flee; Raise we the cry of victory With abounding joy resounding, alleluia. Christ, who endured the shameful […]

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[26 May 2015 | No Comment | ]

He dislikes Jews, Israel, immigrants, and non-Christians. He’s damned Hillary Clinton supporters to hell, applauded the Baltimore rioters, compared black moms who stop their sons from rioting to white slave masters, co-organized a protest meeting at which Obama was repeatedly called a “nigger,” and pledged the NAACP’s support to an organization that opposes the NAACP, […]

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[26 May 2015 | No Comment | ]

* Daily Herald…
If Democrats want to send a budget to Gov. Bruce Rauner, they might have to do so without the votes of some suburban party members in the Illinois Senate
Some Senate Democrats are balking at the idea of approving a budget that would spend $3 billion more than the state is set to take […]

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[26 May 2015 | No Comment | ]

* Probably expected…
Cook County State’s Attorney Anita Alvarez has torn a gaping hole in pension reform legislation being pushed in Springfield by Cook County Board President Toni Preckwinkle.
In a move loaded with political implications, Alvarez’s office wrote a legal opinion declaring that the bill “is unconstitutional” because it would reduce benefits in the county’s current […]

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[26 May 2015 | Comments Off | ]

After Bloody Weekend, Rahm Says Chicagoans Need to 'Secure Our Streets'

The mayor said stopping street violence “is not just the job of the Police Department.”

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[26 May 2015 | Comments Off | ]

Two Chicago Home Cooks Survive First Round of 'MasterChef'

Lincoln Park resident Nate Love didn’t make the first cut.