Former Demcoratic New Jersey Governor and Senator, Jon Corzine has settled civil claims against him and his firm MF Global for misuse of customer funds. Corzine will pay a $5 Million fine and be permanently banned from trading in Commodity Futures Trading Commission regulated products. Corzine was not charged with criminal wrongdoing, and the five-year statute of limitations has run out on criminal charges for Wire and Financial Fraud.
Corzine has been a long time favorite of the Chicago Daily Observer, reporting a long string of free-passes to the political fundraiser and insider. …
Should we believe the James Bullard, President and CEO – Federal Reserve Bank of St. Louis when he tweets
Bullard: By nearly any metric, U.S. labor markets are at or beyond full employment https://t.co/f8py7wnCIT pic.twitter.com/wFuopZ42Un
— St. Louis Fed (@stlouisfed) May 26, 2016
Or the St. Louis Fed showing 9 million people leaving the workforce since 2016?
What would we do without the experts at the Fed making economic policy for the United States?
With two precincts still to report, Aaron Goldstein held a narrow 143 vote lead over incumbent Dick Mell in the race for 33rd Ward Democratic committeeman, a post Mell has held for 40 years, according to unofficial election results as of Wednesday morning.
Goldstein was holding onto 50.72 percent of the vote versus 49.28 percent for Mell. Votes from the fifth and 19th precincts had yet to be tallied.
Read more in DNAinfo
One of they many joys of having small children is staying up all hours reading, while a two year old decides if it is appropriate to return to sleep at 2AM or just doze off while his father finishes a chapter. Earlier this month, my interruptible choice of topics was a travelogue of trips to see “treasured objects or talismans of great antiquity”, including a chapter on visiting the Holy Crown of St. Stephen of Hungary.
Says the author “Probably no other single national symbol is so passionately regarded as the …
Pope Francis, in one of his frequent lectures on his perceptions of economics, has taken on a market near and dear to Chicago, and all of Illinois, the Chicago Mercantile Exchange which he condemns in a June 17th address
In this regard, speculation on food prices is a scandal which seriously compromises access to food on the part of the poorest members of our human family. It is urgent that governments throughout the world commit themselves to developing an international framework capable of promoting a market of high impact investments, and …
Chicago, Golf, Local Media, Recreation »
Golf Course has changed name in Evanston/Wilmette. New name is Canal Shores. Previous names have included
Peter Jans Golf Course
Evanston Wilmette Golf Course
Frank Govern Golf Course
The current name is Canal Shores Golf Course.
I first met Jack Roeser in 2007 at a meeting with John McCain at the Union League Club. I had no business being there, but the journalist (and founder of the Chicago Daily Observer) Tom Roeser invited me to fill the small meeting room, along with Don and Roma Wade and a few other from Conservative Media and politics. Jack was effervescent and shaking hands with everyone in the room, joyfully thanking people for being part of his coalition. McCain said a few boilerplate phrases and was as awkward up …
Lead story in today’s Tribune
“The Obama administration on Tuesday released an updated report on how climate change requires urgent action to counter impacts that touch every corner of the country”
Accompanied at 8:08AM by this photo of Lake Meade from 2007
Given that Lake Meade is a reservoir filled and drained by a variety of sources other than climate patterns, it seems like an odd choice to demostrate climate change, yet the picture doesn’t even approach current conditions. “From mid May 2011 to January 22, 2012, Lake Mead’s water elevation increased from 1095.5 …
There was a fine kerfuffle this weekend, where one-woman media monopolist and serial fabricator Carol Marin decided to libel my friend Dan Proft. Marin lead off with this ominous warning (since removed)
Dan Proft, a dark presence in Illinois politics, likes to pose as a defender of principled conservative values. Values he touts on his WLS-AM radio show and through his Liberty Principles PAC that lends support to political candidates.
Before going into a screed condemning Proft and his Liberty Principles PAC for distributing hateful advertising against candidates who are agreeable with Marin …