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Articles Archive for April 2019

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[30 Apr 2019 | No Comment | ]

Less than two months ago, conventional wisdom thought the US economy was in real trouble. The consensus expected real GDP would barely grow, if at all, in the first quarter of 2019. Many were in a tizzy about the “second derivative,” of growth, obsessing that near zero growth in Q1 would mean three straight quarters of deceleration in real GDP, which if extrapolated meant a recession could be lurking.
Oops! The US economy accelerated in the first quarter, with real GDP up at a 3.2% annual rate for the quarter and …

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[30 Apr 2019 | No Comment | ]

Joe Biden finally entered the fray, still a strong frontrunner in the 20-person Democratic primary field and 6-8 points ahead of Donald Trump in recent hypothetical presidential matchups. Bernie Sanders is the strongest runner-up in the primary and holds a 2-3 point lead over Trump, within the error margin.

 
But–and the buts are many–Biden got a self-inflicted wound initiating a call to Anita Hill attempting a belated apology–which was a nonapology–for his behavior toward her during the Clarence Thomas hearings nearly 28 years ago. He just couldn’t assume personal responsibility, much …

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[30 Apr 2019 | No Comment | ]

On Monday, Emanuel made his fifth and final round of grants under the Robin Hood program he created to get sorely-needed capital to small businesses and create jobs in inner-city neighborhoods with stubbornly-high rates of unemployment.

The final results are impressive, whether or not Mayor-elect Lori Lightfoot decides to keep the program or change the rules.
Nearly 200 local businesses and neighborhood organizations have now shared $47 million in grants.
That includes the latest class of 84 businesses dividing $11 million in small grants ($250,000 or less) and 10 more dividing $14 million …

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[25 Apr 2019 | No Comment | ]

A chief prosecutor’s worst nightmare, as Cook County State’s Attorney Kim Foxx is discovering to her ongoing horror, is for his/her office to mis-prosecute or not prosecute at all – and then have to explain it.
It is not unusual to over-prosecute, which means piling on more charges (or counts in an indictment) to encourage a plea bargain and get a conviction, or to under-prosecute, which means there is some legal or evidentiary flaw and the case will later be tossed with fines and fees, creating a nuisance deterrent for the …

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[25 Apr 2019 | One Comment | ]

We will sell no wine before its time,” Orson Welles used to say, touting Paul Masson’s plonk on TV.

   So let’s take a tip from the master director when it comes to impeaching the Orange Menace and launch no hearing before its time. I have a plan.

   It’s clear enough that the Mueller Report offers plenty of evidence to impeach on grounds of obstructing justice alone–let alone hundreds of cases of lying to the American people, which Richard Nixon was charged with–while the House of Representatives can call almost anything …

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[25 Apr 2019 | No Comment | ]

A former Pennsylvania mayor who was convicted of trading contracts for contributions gets eight years in prison. https://t.co/1u4qANLVRc— AP Eastern US (@APEastRegion) April 24, 2019

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[24 Apr 2019 | No Comment | ]

* Tribune…
Democratic Gov. J.B. Pritzker’s removal of toilets from an Astor Street mansion to gain a property tax break, a move that gained notoriety during his recent election campaign, is under review by federal prosecutors, WBEZ-FM 91.5 reported Wednesday.
The report, attributed to an unnamed “law enforcement source,” said Pritzker, his wife, M.K., and his brother-in-law, […]

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[24 Apr 2019 | No Comment | ]

Cal State campus has six mascot choices after old one is declared offensive https://t.co/TSBMdgM3r7— Mercury News (@mercnews) April 24, 2019

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[24 Apr 2019 | No Comment | ]

Nordic countries aren’t strongholds of socialism, this historian says. That idea is outdated, and a myth https://t.co/2bTF06gBQR

— MarketWatch (@MarketWatch) April 24, 2019