Hard hitting global and local news
Error Over Quota This application is temporarily over its serving quota. Please try again later.
See more here: Chicago PMI Unexpectedly Dives to Negative Territory; Production at Lowest Since July 2009; Emanuel’s Tax Hikes Will…
Mish with Max Keiser in Chicago, Discussing Chicago Economics and Pizza A couple weeks ago I had the pleasure of meeting Max Keiser and Stacy Herbert, downtown Chicago. On the lakefront, in a very informal chat, we discussed the sorry state of affairs regarding Chicago finances and education
In November of 2014, the Sun Times reported Metra’s $100,000 Club Includes Conductors, Engineers . Nearly one in four Metra conductors and assistant conductors pulled down at least $100,000 last year, and an even higher proportion of engineers — almost 40 percent — took home that amount, a Chicago Sun-Times analysis shows.
Taken from: Rabbit-Hole Math: Chicago Proposes Bonds that Make No Periodic Payments; When Does Stupidity Stop?
Here is a lengthy snip from Bargo’s recent, well-written article Public Pensions Prove Zero Sum Economics . One of the major appeals in Democrat presidential campaigns is to explain to voters that they need Democrats in office to take money away from the rich. And since the rich own big corporations, they will pay workers as little as possible.
See the article here: Chicago PMI Unexpectedly Crashes: New Orders, Production and Employment Down by More Than 10%
Read More: Livestream of Rand Paul "Unleashing the American Dream" 12:45 PM Central
Those living in or near Chicago have the opportunity to hear Senator Rand Paul in a discussion about how to transform Chicago, the state of Illinois and the U.S.
A May 5 Chicago Tribune editorial viewpoint said the same thing: Pass a Bankruptcy Law, Give Taxpayers a Chance . Many people view bankruptcy as a "nuclear option" for local governments in Illinois — a bad choice that will only bring disaster. Actually, if we do it the right way, it may be the best path for averting true financial devastation in communities statewide.