Category: Business
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Pete’s Update – 09/27/2012
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 stated that “the ring-leader of the group of thugs…
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Corruption “Widespread” in Illinois
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 Illinois University, 76.8 percent agree that “corruption in Illinois government is widespread.” via…
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Federal Reserve Funding the Entire US Deficit
[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 politicians to deal with the U.S. fiscal cliff, Lindsay argued, which could result…
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Pete’s — Update 09/26/2012
“If we don’t work then nobody work.” via. WGN. Dude on camera telling the world he’s going to shut-down construction. This is insanity.
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East Coast Liberals: Smartest Students in CPS are the Gang Leaders
… Newark, N.J. Mayor Cory Booker and former New York Gov. David Paterson — who spoke Tuesday morning about recidivism and racism at a panel hosted by Stroock law firm — say. During the talk, Paterson observed the smartest students in the Chicago Public School system are the gang leaders because they’re giving kids what…
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Pete’s — 09/25/12 Update
The Sun-Times joins the discussion: The West Side is one of Chicago’s “food deserts,” so named because it lacks full-service grocery stores. Cheers went up from people in the neighborhood when the city sealed a deal two years ago to bring one to Madison and Western. Pete’s Fresh Market, a South Side-based chain, got the…
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Anti-Austerity Protests in Spain; U.S. Media Not Reporting
Police are trying to clear out the massive anti-austerity demonstration that engulfed Spain’s federal district this evening. via Business Insider. Follow the link for photos. This is us in a few years. There’s no other way.
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Embarassing Americans — And These People Vote
I received this via email this morning. I thought it was timely because just yesterday Howard Stern played audio of his producers in Harlem interviewing Obama supporters. There is something very very wrong with the educational system in this country whereas so many can be so ignorant of the most basic facts. There is no…
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50,000 New Jobs!! Seasonal… at Wal-Mart
Wal-Mart Stores said on Friday that it plans to give current workers the chance to work more hours and will hire more than 50,000 seasonal employees as it gets ready for the winter holiday season, its busiest time of year. via Fox Business. [Insert cheap joke here.]
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Legislative Change Means $670 million More for Teachers’ Pensions
The state will have to come up with another $670 million for the teacher pension system in the next budget after a retirement fund panel crunched the numbers and adjusted its assumptions. The Teachers’ Retirement System lowered what it expects from investments from 8.5 percent to 8 percent. The pension fund’s leadership also increased a…