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Articles Archive for July 2016

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[28 Jul 2016 | No Comment | ]

This early Christian heresy, condemned in the 6th century, has its (unwitting?) adherents down through history. One of them is our president, as here analyzed by a Catholic theologian. Here’s the start of it: Eric Voegelin, one of the great political philosophers of the last century (1901-1985), professed no religion, but he recognized its falsifications. After … Continue reading The Gnosticism of Barack Obama

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[28 Jul 2016 | No Comment | ]

* Riopell…
Questions about whether U.S. Sen. Dick Durbin would run for governor in 2018 bubbled up at the Democratic Party convention this week.
“It’s a question about where I can best spend my life. Where can I achieve the goals that I want in public life? If I can do it in Washington and I feel […]

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[27 Jul 2016 | No Comment | ]

The L.A. Times reports:

The $300-billion California Public Employees’ Retirement System this month reported its worst investment returns in almost a decade: 0.6%. Bad years come and go, just like good years, and large pension funds count on time healing the deepest wounds. But this particular bad year pushed CalPERS’ long-term average into dangerous waters, which suggests it’s time for the fund to rethink — again — just how well it expects its investments to perform in the coming decades.

It’s not a mere accounting exercise. The assumptions CalPERS makes about its returns affect taxpayers and beneficiaries in at least two important ways. The more conservative CalPERS’ assumptions are, the more employers and workers have to contribute to the fund to cover the projected cost of pension benefits. (And in this case, “employers” translates to state and local governments, or taxpayers.) But the higher the expected rate of return, the more aggressively CalPERS has to invest to meet its goals, and thus the greater the volatility and the risk of losses.

Difficult times.

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[27 Jul 2016 | No Comment | ]

* Speaker 13 Percent about Gov. 33 Percent on WGN TV today…

“I was very pleased and overjoyed to be there,” Madigan said [of Hillary Clinton’s formal nomination].
Madigan described Clinton’s nomination as a “wonderful occasion” because the Democratic Party of America has nominated the first African-American president and now, the first female presidential nominee.
“The democrats are […]

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[27 Jul 2016 | No Comment | ]

* The governor has been barnstorming the state about term limits this week…
Standing atop a hay wagon on the property, Rauner asked an assembled crowd of citizens and local public officials to demand members of the Legislature vote during their fall veto session on putting a constitutional amendment on the ballot […]

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[27 Jul 2016 | No Comment | ]

* Finke…
Auditor General Frank Mautino did not file amended campaign disclosure reports with the state Board of Elections, setting the stage for a public hearing into his use of campaign money while serving in the Illinois House.
Board of Elections executive director Steve Sandvoss said Mautino did not […]

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[27 Jul 2016 | No Comment | ]

* Press release…
Yesterday, on July 26, 2016, We Ask America Polls™ conducted a statewide hybrid poll (part automated/part live interview) measuring Democratic voters’ views on which potential candidates for Illinois governor would most likely receive their vote. The respondents were asked one primary question plus a short series of demographic-related questions. The primary question was […]

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[27 Jul 2016 | No Comment | ]

On Monday, Governor Bruce Rauner urged state legislators to pass a term limits amendment that would then go before a vote of the people, stating: “Term limits is an issue I believe in deeply. And so do the people of Illinois. Term limits is supported by 80% of the people I talk to, and it seems like 80% of the politicians are opposed. Our people want term limits now more than ever, and that’s why I’m so committed to continue…