Category: Business
-
Illinois Pensions — A Simple Primer
I found this while at the Khan Academy. [youtube http://www.youtube.com/watch?v=Tczu_dvVuuk]
-
Quinn Spends Another $1.5 Billion We Don’t Have
Democratic Gov. Pat Quinn on Thursday signed into law an extra $1.5 billion in spending for road construction and child welfare investigations, even as Republicans decried the measure as including ill-timed, pork barrel money. via Chicago Tribune. What is wrong with this guy? Really? Quinn already stopped a bond auction because the rates for Illinois…
-
Illinois Never Met a Tax it Didn’t Like: Sneakers? Really?
The cost of a new pair of basketball shoes could jump by 25 cents under a proposal floated this week by an Illinois lawmaker. State Rep. Will Davis, D-Hazel Crest, wants to create a new tax that would generate an estimated $3 million annually for a youth job preparation program. He said the added cost…
-
Bacteria Creates Microscopic Gold Nuggets
Among the more peculiar organisms that inhabit our Earth exists a bacterium that turns water-soluble gold into microscopic nuggets of solid gold, scientists said Sunday. … The answer, suggest researchers in Canada, lies in a molecule excreted by the microbe that both shields the organism and transforms the poisonous ions into particles.”This finding is the…
-
Red-Light Camera Co.’s Chicago Corruption
The chairman of the Australian company behind Chicago’s red-light program resigned this week and trading in the company’s stock was suspended amid an intensifying investigation into allegations of corruption in its Chicago contract. Redflex Holdings Ltd. announced the extraordinary actions just days after board members were briefed by an outside legal team hired to examine…
-
Texas Sen. Ted Cruz Writes a Letter
Letter from Senator Ted Cruz to Chicago Mayor Rahm Emanuel, Bank of America, TD Bank Group Putting folks in their place.
-
What Quinn Didn’t Say
“Yes, we are going to continue milking Illinois taxpayers like a dairy cow…” what Gov. Quinn didn’t tell you State of State Address February 6, 2013 Word cloud of State of State Address (what we heard) Yesterday, Gov. Quinn gave the “State of the State”. Here’s the rest of the story… The growth of state…
-
New Manufacturing Institute Coming to Chicago
Gov. Pat Quinn will announce today in his State of the State speech that the Urbana-Champaign school, in partnership with its National Center for Supercomputing Applications and private companies, will be forming an Illinois Manufacturing Lab likely to be located in the central area of Chicago. The facility will be a somewhat smaller, more applications-based…
-
Quinn’s Motto: Move Your Business Out
Today’s Local Bad News: Illinois companies warned in January that they may lay off as many as 1,200 workers in the next two months, according to filings with the Illinois Department of Commerce and Economic Opportunity. viaChicago Tribune. The economy sucks and the media doesn’t want to talk about it. Manufacturing in Illinois is on…
-
Crain’s Propaganda on Illinois vs. Indiana
My comment on a brainless story: Since when is Crain’s the new PR mouthpiece for Quinn and Rahm? Except for the graphic this piece is nearly 100% opinion. So Indiana spent $300k on a campaign and got 20 or so companies to move. Those companies may provide several millions worth of tax base; yielding a…