Tag: Gov. Quinn

  • 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…

  • 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…

  • Quinn Balks at Illinois’ Fresh Interest Rate

    Gov. Pat Quinn’s administration delayed Wednesday’s planned sale of $500 million in construction bonds, saying a recent credit downgrade because of inaction on government worker pension reform left the market “unsettled.” The decision was made after officials with the governor’s budget office spoke with potential bidders who indicated they would seek interest rates higher than…

  • More Money 4 Medical Malpractice Lawyers in IL

    Medical malpractice lawyers are poised to make more money after Gov. Pat Quinn quietly signed a law allowing them to collect higher fees. Doctors groups criticize the change, arguing that it will result in less money for injured patients who need it for costly health care and therapy. They also contend the measure was quickly…

  • Illinois Credit — Worst in the Nation

    Illinois fell to the bottom of all 50 states in the rankings of a major credit ratings agency Friday following the failure of Gov. Pat Quinn and lawmakers to fix the state’s hemorrhaging pension system during this month’s lame-duck session. Standard & Poor’s Ratings Service downgraded Illinois in what is the latest fallout over the…

  • Chicago’s Pension Time-Bomb

    While Emanuel can coast for two more years, the city in 2015 is required by law to set aside an additional $700 million a year for two of its four pension funds, all of which are woefully underfunded: That year’s budget will include a total of $1.2 billion for the retirement accounts of teachers, police,…

  • Jimmy John’s Leaving Illinois, Florida Bound

    Jimmy John Liautaud is moving part of the sandwich chain that bears his name to Florida next year, making good on a threat issued in 2011 after Illinois hiked its corporate tax rate. The founder of Jimmy John’s Gourmet Sandwiches said during a Sept. 18 panel discussion in Chicago that he will relocate the company’s…