[Chicago’s] Chief Financial Officer Lois Scott reminded council members that absent significant changes to pension plans, the city will be forced to drastically cut services, raise taxes or do both to close a funding gap that could reach $700 million in just a...
A couple of new things to report on the situation with Pete’s Fresh Market. As most readers know, the story has now made the local papers and WGN TV News. Here’s what’s new — and what you won’t read in those papers: #1 My original story...
A new poll finds that a whopping majority of state residents believe that not only state government but Illinois business is plagued by serious misconduct. According to the survey of 1,271 registered voters by the Paul Simon Public Policy Institute at Southern...
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[Lawrence] Lindsey said that with the Fed purchasing at least $40 billion a month in mortgage debt through QE3, “they are buying the entire deficit.” … The central bank’s recently announced bid to stimulate the economy has also taken the pressure off...