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[27 Jun 2014 | No Comment | ]

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 »

[24 Jun 2014 | No Comment | ]

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.
https://www.facebook.com/pages/Canal-Shores/472888412771671

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[16 Jun 2014 | One Comment | ]

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 …

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[6 May 2014 | No Comment | ]

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 …

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[10 Mar 2014 | One Comment | ]

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 …

Chicago, Featured, Headline, Humor »

[28 Feb 2014 | No Comment | ]

I propose the following dialog between the O’Toole Brothers, James and Jerry, Cattle Ranchers from Central Illinois, in search of a new ways to promote Beef consumption for the Illinois Beef Producers.
**
Scene One: The O’Toole Brothers decide on a new spokesman
Jerry:  I just got my Maverick Box Set.  That James Garner never fails to deliver.

James: I think you are the world’s last James Garner fan.  You know the Rockford Files was canceled 30 years ago.  It’s time to move on.
Jerry: Garner still sells the beef, though
James: Maybe he could sell …

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[7 Feb 2014 | No Comment | ]

I have quite a few friends and neighbors who are traders and employees of the Chicago Board of Trade-Chicago Mercantile Exchange, who had been furiously making  Facebook posts over the last 24 hours condemning  a (rather humorously named) Blythe Masters, an Obama appointee to the U.S. Commodity Futures Trading Commission.
Editing out a string of profanity native to Chicago traders, one of the more gentle descriptions of Blythe Masters went like this:
Blythe had much greater manipulative ambitions, namely becoming the next Enron, which we learned after than the FERC fined JPMorgan – …

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[4 Dec 2013 | 2 Comments | ]

Contrary to the Sun Times PR and our own Don Rose’s analysis, nothing about the pension reform bill that just passed in Springfield is good for the Democrats.  While very modestly good for Illinois taxpayers, this bill marks a major shift in the relationship between Government Unions and the Illinois Democratic Party.

 
Just thumbing through Pat Quinns list of sponsors, the SEIU alone has donated over $4 Million to Pat Quinn’s political campaigns.  This is the same SEIU that has now promised to sue the State of Illinois for not guaranteeing …

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[11 Nov 2013 | No Comment | ]

Just in case anyone has missed it, runaway Federal Spending has ground to a standstill, thanks to the 2010 Republican victories in Congress, and the ensuing 2013 sequester.
 

And, as no good deed goes unpunished, this gets Congress an 8% approval rating.
The next time you hear a ‘where is the adult in the room’ type of political whine, direct them to the the US House of Representatives, a model of sophisticated political will and execution, against all types of political pressures.
**
John Powers is the President of the Chicago Daily Observer