Keyword: chicago

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  • Expert: Billions in Chicago Bonds Pay for Literally Nothing

    03/31/2015 7:40:04 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | March 30, 2015 | John Ransom
    In masterful article by Kristi Culpepper, a muni-bond expert who works for the state of Kentucky, Chicago’s bond financing scheme is exposed as a house of cards that postpone debt payments in return for higher interest payments over time. Amongst the questionable strategies exposed by Culpepper include using long-term financing to cover day-to-day expenses, using bonds to pay pension obligations and misappropriating returns from the interest rate swap portfolio as an “ATM” for the city. And the winners are: Chicago city employees—union employees, for whose paychecks and benefit the scheme of providing short term-cash in return for high interest payments...
  • How Chicago has used financial engineering to paper over its massive budget gap

    03/30/2015 6:15:58 PM PDT · by reaganaut1 · 20 replies
    Yahoo Finance ^ | March 30, 2015 | Kristi Culpepper
    This article explains that the City of Chicago has concealed how it has dealt with its budget gap over the past decade. The city failed to cut its recurring expenditures to match its recurring revenues after it blew through its reserve funds. Instead, two administrations have: Used long-term debt to finance everyday expenses and maintenance; Used long-term debt to finance judgments and settlements, including police brutality cases, and retroactive wage increases and pension contributions for its unionized employees; Restructured the citys existing debt to extend the maturities on its bonds far out into the future in order to avoid having...
  • Joakim Noah Confirms Lil Durk's Manager Was With Him Before Fatal Shooting

    03/30/2015 12:02:58 PM PDT · by Steely Tom · 8 replies
    NBC Chicago, Chicago Sun Times ^ | 29 March 2015 | Staff
    After the 111-80 victory over the New York Knicks, he confirmed that rapper Lil Durks manager, who was shot and killed early Friday morning, attended a meeting with him just hours earlier, discussing a way to get involved in Noahs "Rock the Drop" anti-violence campaign.
  • Rep. Tammy Duckworth announces Senate bid [Illinois]

    03/30/2015 9:05:21 AM PDT · by GIdget2004 · 34 replies
    Chicago Sun Times ^ | 03/30/2015 | Lynn Sweet
    Rep. Tammy Duckworth D-Ill., made it official on Monday and announced her 2016 Senate in a video, largely autobiographical, titled Tammy Duckworth is running for the Senate. As first reported in the Chicago Sun-Times, Duckworth, a wounded Iraq war vet, elected to her second term last November, is looking in 2016 to clinch the Democratic nomination and take on Sen. Mark Kirk R-Ill. Kirk is a top target for the Senate Democrats as he seeks a second term. Duckworth does not mention his name in her announcement video. Duckworth describers herself as a wife, a mom and a combat veteran...
  • Mayor Suggests that Chicago Airports Be Renamed [semi-satire]

    03/30/2015 8:42:51 AM PDT · by John Semmens · 16 replies
    Semi-News/Semi-Satire ^ | 28 March 2015 | John Semmens
    In an unexpectedly difficult reelection campaign, Chicago Mayor Rahm Emanuel sought to rally support by promising to rename the Citys two airports in honor of President and Michelle Obama. The two airports are currently named in honor of World War II Navy pilot Edward Butch OHare and the 1942 Battle of Midwayan upset US victory over Japan that many historians view as the turning point of the war in the Pacific. I dont mean to denigrate these earlier historic events, but they pale in significance to the impact that President Obama has had on this country, Emanuel explained. OHare was...
  • Law firm: Dinosaur cheating tipped workers

    03/29/2015 1:00:29 PM PDT · by Kenny500c · 42 replies
    Albany Times-Union ^ | March 29, 2015 | Lauren Stanforth
    A New York City law firm known for filing class action lawsuits on behalf of chain restaurant workers is going after Dinosaur Bar-B-Que for what it says is the systemic underpayment of tipped workers like servers and bartenders. The law firm of Fitapelli & Schaffer said it has filed a class action lawsuit in U.S. District Court for the Southern District of New York involving all six New York state Dinosaur Bar-B-Que locations, including the one opened in Troy in 2010. Dinosaur has made tipped workers spend at least 20 percent of their time doing non-tippable work like rolling...
  • Amnesty, Left-Wing Activists Lining Up Behind Chuy Garcia Against Godfather Emanuel

    03/28/2015 5:05:19 PM PDT · by ObamahatesPACoal · 30 replies
    Breitbart ^ | 15 Mar 2015 | Tony Lee
    Though Rep. Luis Gutierrez (D-IL) recently praised Chicago Mayor Rahm Emanuel (D) for making Chicago the friendliest city for immigrants, especially illegal immigrants, pro-amnesty advocates and progressives are lining up beyond his opponent, Jesus Chuy Garcia, who is in a dead heat with Emanuel in the mayoral runoff. (SNIP) He told targeted Democrats in tough re-election fights that he wanted them to vote for this anti-immigrant bill, Gutierrez said then. Thats a fact, an irrefutable fact. So its nice that Rahm Emanuel the candidate is for the DREAM Act kids now, but actions speak louder than words.
  • Islamic State In Illinois Planned Another Ft. Hood

    03/27/2015 4:24:26 PM PDT · by raptor22 · 7 replies
    Investor's Business ^ | March 27, 2015 | IBD EDITORIALS
    Terrorism: An Illinois National Guardsman sought to fight with Islamic State as his cousin plotted to kill scores at an Illinois National Guard facility. If they had succeeded, would President Obama call it workplace violence? President Obama's "JV" terrorist team has metastasized to the point where its franchisees have spread across continents and oceans, with the FBI investigating ISIS-related activities and plots in all 50 states, including a very dangerous one in the commander in chief's home state of Illinois. One of those FBI investigations involved the arrest Wednesday of Hasan Edmonds a supply specialist with the Illinois National...
  • More people moved away from Illinois last year than any other state

    03/27/2015 11:00:59 AM PDT · by Beave Meister · 31 replies
    WBEZ 91.5 ^ | 3/26/2015 | Susie An
    Illinois had the biggest decrease in population according to a new report from the Census Bureau. Between July 1, 2013 to July 1, 2014, the state lost 9,972 people. On the other end, Texas saw the largest population increase adding more than 450,000 people during that time. Cook County saw a very slight decrease in population. Its one of four counties with a population of more than 1 million to experience a decrease. Others include industrial counties like Wayne County, Michigan; Cuyahoga, Ohio; and Allegheny, Pennsylvania. The rate of people leaving Cook County for other counties has been increasing since...
  • How I Stood Up to Chicagos Abusive Imam

    03/27/2015 6:42:41 AM PDT · by E. Pluribus Unum · 8 replies
    The Daily Beast ^ | 03/26/2015 | Zainab Khan
    Mohammed Abdullah Saleem, who faces new criminal charges of sexual assault, tried to ban Zainab Khan from burying her father. Now, she tells her courageous story of standing up to one of Chicagos most powerful imams. The decision by courageous women in Kabul, Afghanistan, to defy the orders of mullahs and carry the coffin of a young woman, Farkhundaslain for the false accusation of burning the Qurantook me to a dramatic moment last spring when I faced off against an imam, not in some faraway city in our Muslim world, but in our own backyard, right here in the...
  • Does Mayor Emanuel Know Where Chicagos Airports Got Their Names?

    03/26/2015 12:36:08 PM PDT · by afraidfortherepublic · 45 replies
    CBS ^ | 3-26-15 | Bernie Tofoya
    Mayor Rahm Emanuel appeared to suggest renaming one of Chicagos airports after President Barack Obama on Thursday, but also sounded confused about how the OHare and Midway got their current names. During a mayoral forum at Chicago State University, the mayor seemed a bit flustered as he answered a question about his quick about-face after he suggested naming a Chicago high school for President Barack Obama, and renaming Stony Island Avenue for the late civic leader Rev. Arthur Brazier. Thats when the mayor brought up the citys two airports. We have to, in some way, whether its President Obama or...
  • Welcome to Roseland, on Chicago's south side, where Obama first promised hope and change

    03/26/2015 7:23:32 AM PDT · by Cincinatus' Wife · 15 replies
    Daily Mail ^ | John Breslin
    EXCLUSIVE: Welcome to Roseland, on Chicago's south side, where Obama first promised hope and change - and where just days ago a gun battle left a 77-year-old great grandfather dead and his two-year-old neighbor in critical condition Welcome to Roseland, on Chicago's south side, the poverty plagued neighborhood where Barack Obama became politicized and starting forming his ideas of hope and change as a community organizer. And this is where just days ago a gun battle between two rival street gangs erupted that left a 77-year-old great grandfather dead, his kindergartner great-grandchild nursing a bullet would to his left arm...
  • Obama International Airport? Emanuel floats idea of renaming O'Hare, Midway

    03/26/2015 2:51:16 AM PDT · by Cincinatus' Wife · 39 replies
    Chicago Tribune ^ | March 25, 2015 | Bill Ruthhart
    Could Mayor Rahm Emanuel be thinking about renaming Chicagos airports, perhaps after President Barack Obama? Emanuel brought up the airports' names during a candidate forum Wednesday night at Chicago State University. The topic came up as the mayor fielded a question on why he quickly proposed, then abandoned efforts to name a new North Side high school after Obama and the South Sides Stony Island Parkway after the late Arthur Brazier, a revered African-American civic leader who founded the Woodlawn Organization and was pastor of the Apostolic Church of God for 48 years. "We have to, in some way, whether...
  • Chicago man gets probation in 'knockout game' crime

    03/25/2015 4:35:40 PM PDT · by 2ndDivisionVet · 23 replies
    The Quincy Herald-Whig ^ | March 24, 2015 | Don O'Brien
    Lamar CoulterQUINCY -- A Chicago man who prosecutors said was playing the "knockout game" was sentenced to probation Monday during a hearing in Adams County Circuit Court. Lamar Coulter, 21, could have received up to four years in prison on a felony aggravated battery charge, but was sentenced to 24 months probation and 270 days in jail by Judge William Mays. This is Coulter's first felony offense. Mays ordered Coulter to spend 180 days in the Adams County Jail. With day-for-day good time credit, Coulter could be out in 90 days. Coulter was arrested on June 27 after two separate...
  • Four Frankfort, Illinois Men Jailed After Alleged Tinley Park Road Rage Attack

    03/25/2015 5:56:54 AM PDT · by KeyLargo · 24 replies
    patch.com ^ | March 24, 2015 | Joseph Hosey
    Four Frankfort Men Jailed After Alleged Tinley Park Road Rage Attack The men denied attacking a driver but video showed otherwise, police said. By Joseph Hosey (Patch Staff) March 24, 2015 The four men, along with a 16-year-old, were in a Chevy Tahoe that pursued a 21-year-old man and his girlfriend into Tinley Park, police said. The Elabeds and the other driver then reportedly headed over to the Tinley Park Police Department to accuse each other of wrongdoing. The Elabeds claimed they were actually threatened and followed by (by the other driver) and his girlfriend, police said, and while at...
  • Gentry Liberals Have Increasing Clout in Chicago's Shrinking Electorate

    03/24/2015 5:45:48 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | March 24, 2015 | Michael Barone
    Rahm Emanuel heads into a runoff April 7 in his bid for a second term as mayor of Chicago. He's the favorite going in, having won 46 percent in the Feb. 24 first round against longtime local officeholder Chuy Garcia's 34 percent and topping 50 percent in recent polls. Emanuel, President Obama's first White House chief of staff and architect of the Democrats' 2006 takeover of the House, is politically astute, energetic and profane. Given all that, it's surprising that his support is down from the 55 percent he won in the first round in February 2011. And it's interesting...
  • All in the family: Valerie Jarrett and the Chicago communists

    03/23/2015 9:22:05 PM PDT · by concernedcitizen76 · 25 replies
    American Thinker ^ | March 26, 2014 | Thomas Lifson
    Valerie Jarrett is the most powerful figure in the White House, rivalling President Obama in the scope of her influence over the fate of the Republic. Her personal Secret Service detail attests to the importance of her role in our government in a position that is unelected and unconfirmed by the Senate. She has served as godmother of Barack Obamas political and personal life, from introducing him to his future wife Michelle Robinson to integrating him into Chicagos political machine and power structure. Professor Paul Kengor provides fascinating details about her background, and that of other key members of...
  • ACLU: Chicago police had higher stop-and-frisk rate than NYC

    03/23/2015 4:56:37 PM PDT · by Olog-hai · 6 replies
    Associated Press ^ | Mar 23, 2015 6:56 PM EDT | Don Babwin
    Chicago police officers initiated stop, question and frisk encounters at a much higher rate last summer than their New York City counterparts ever did, and just like with New Yorks heavily criticized program, Chicago blacks and other racial minorities were disproportionately targeted, according to a civil liberties group. The American Civil Liberties Union of Illinois released a report Monday saying it identified more than 250,000 Chicago stop-and-frisk encounters in which there were no arrests from May through August 2014. African-Americans accounted for nearly three-quarters of those stopped, even though they make up about a third of the citys population. On...
  • The Race-Baiting Hypocrisy Of Illinois Sen. Dick Durbin

    03/23/2015 2:51:21 PM PDT · by raptor22 · 17 replies
    Investor's Business Daily ^ | March 23, 2015 | IBD EDITORIALS
    olitics: Sen. Dick Durbin, who says Republicans have shoved attorney general nominee Loretta Lynch to the "back of the bus," once filibustered and opposed the GOP nominations of black and Latino appeals court judges. Last week, Durbin accused Republicans of forcing Lynch, President Obama's African-American nominee to replace Eric Holder, to "sit in the back of the bus" until a vote on a controversial sex trafficking bill could be held. That thinly veiled reference to the moment in 1955 when Rosa Parks refused to move from her seat in a Montgomery, Ala., bus was meant to paint Senate Republicans as...
  • Chicago Mayors Race Is Cast as a Test of Liberalism

    03/22/2015 8:17:14 AM PDT · by PROCON · 22 replies
    nytimes ^ | March 21, 2015 | JONATHAN MARTIN and JULIE BOSMAN
    CHICAGO Mayor Rahm Emanuel had just finished the quintessential municipal politics photo op, briefly inspecting a dusty street-paving project on a block of the South Side lined with tidy brick bungalows. As his opponent, Jesus G. Garcia, along with supporters in labor and the left, tried to paint Mr. Emanuel as the candidate of the 1 percent, the mayor made sure to banter with hard-hatted city workers on this Tuesday afternoon before making his way to a waiting sport utility vehicle. But when a reporter asked him about a labor leaders accusation that he is too sympathetic to corporations,...
  • CPS worker charged in shooting near Far South Side charter school

    03/22/2015 6:46:31 AM PDT · by ConservativeStatement · 5 replies
    Chicago Sun-Times ^ | March 21, 2015 | Tina Sfondeles
    A young man hired by the Chicago Public Schools to help students during arrival and dismissal at a charter school has been charged with shooting a 17-year-old girl just blocks from the school on the Far South Side.
  • Political Issues in an Age of Economic Nihilism

    03/22/2015 6:18:05 AM PDT · by jfd1776 · 3 replies
    Illinois Review ^ | March 21, 2015 A.D. | John F. Di Leo
    What does it mean to be springtime in an odd year in America? As the snow begins to melt, the birds chirp and sing; the trees and bushes bud with new growth. The sun reemerges from its long vacation behind the clouds, and the study of economics takes a holiday. True, this last part probably doesnt apply to everyone. Texans, Oklahomans and Montanans dont forget everything they ever learned in school, just because its time for mayors and city councilmen to seek reelection to their valuable positions at the public trough, but here in the rust belt, where we hold...
  • Bill Ayers Wants Palin's People to Call his People

    03/20/2015 1:14:37 PM PDT · by 2ndDivisionVet · 26 replies
    American Thinker Blog ^ | March 20, 2015 | M. Catharine Evans
    Sarah Palin so completely traumatized Weather Undergrounder Bill Ayers in 2008, he is still talking about the former vice-presidential candidate seven years later. In a March 18 Publishers' Weekly interview at Hyde Park's Seminary Co-op bookstore, Ayers injected Mrs. Palin into the conversation. It seems he still can't forget a governor from Alaska who dared to expose his fellow traveler at a private fundraiser on October 4, 2008 in Englewood, Colorado:. VP Candidate Sarah Palin, 2008: Our opponent, though, is someone who sees America, it seems, as being so imperfect, imperfect enough that hes palling around with terrorists who would...
  • U.Va. Student From Chicago Brutally Beaten During Arrest

    03/18/2015 7:49:44 PM PDT · by Citizen Zed · 31 replies
    nbc 5 chicago ^ | 3-18-2015
    Virginia Gov. Terry McAuliffe is calling for an investigation into the arrest of a college student with Chicago ties who was shown in a photo with a bloody face as he was held down by an officer. Charlottesville General District Court records show that Martese Johnson is charged on two counts: obstruction of justice without force, and public swearing or intoxication. The Alcoholic Beverage Control agent who made the arrest Wednesday morning, listed in court records as J. Miller, said in the arrest report that Johnson "was very agitated and belligerent." A statement from a group calling itself "Concerned Black...
  • Woman Charged in Bali Suitcase Murder Gives Birth

    03/18/2015 6:46:24 AM PDT · by ConservativeStatement · 14 replies
    NBC Chicago ^ | Mar 17, 2015 | By BJ Lutz and Chris Coffey
    The Chicago woman charged with killing her mother at a resort in Indonesia and helping her boyfriend stuff the slain woman's body in a suitcase gave birth Tuesday. Heather Mack's attorney confirmed to NBC Chicago that Mack, 19, delivered her 6 pound, 10 ounce daughter via cesarean section at about 6:09 p.m. (5:09 a.m. Central Time). Both mother and baby were said to be doing fine, according to attorney Anthony Scifo. Mack will likely remain hospitalized for a few days, he said.
  • Chicago Fray

    03/18/2015 6:20:54 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | March 18, 2015 | John Stossel
    Rahm Emanuel, current mayor of my old hometown, Chicago, is not a gentle soul. But he's smarter than his big-spending predecessor, Richard M. Daley, and the union pawn, Jesus "Chuy" Garcia, who becomes the new mayor if he beats Emanuel in a run-off election April 7. Emanuel was the tough Obama chief of staff who reportedly stabbed a table with a steak knife as he listed political enemies. He relishes conflict and famously said that in politics, "You never let a serious crisis go to waste." That comment scared libertarians and conservatives, who know that government usually uses crises as...
  • Rahm Emanuel Needs Republican Help

    03/18/2015 5:08:43 AM PDT · by Cincinatus' Wife · 20 replies
    National Journal ^ | March 17, 2015 | Josh Kraushaar
    The difficult task for Emanuel is to win their support while not alienating the more-progressive elements of the electorate. So the mayor is raising big money from wealthy conservative donors while sending a subtle message in his campaign ads that is designed to scare the more-affluent constituencies in the citywithout trumpeting support from the Right. He has welcomed Rauner's quiet outreach for his campaign while also blasting the governor for his proposed budget cuts. March 17, 2015 Chicago Mayor Rahm Emanuel is about as partisan a Democrat as there is in this country. But to win a second term and...
  • Sneed exclusive: Obamas want to live in New York, not Chicago

    03/13/2015 7:29:40 AM PDT · by 2ndDivisionVet · 144 replies
    The Chicago Sun-Times ^ | March 12, 2015 | Michael Sneed
    Sneed exclusive . . . New York is where theyd rather be. So lets cut to the chase. Sneed is told by impeccable sources that President Barack Obama and his wife, Michelle, want to live in New York when they leave the White House. They want New York, plain and simple, said a top Sneed source who asked to remain anonymous but has a relationship with the Obamas. Its not an unusual decision, added the source. The Clintons moved to New York after Bill Clinton left the presidency. Its a happening place. They love the vibe in New York...
  • Latino Studies curriculum will make CPS (Chicago Public Schools) a pioneer [edited]

    03/11/2015 12:02:37 PM PDT · by C19fan · 2 replies
    Catalyst Chicago ^ | March 9, 2015 | Melissa Sanchez
    When CPS unveiled its interdisciplinary Latino and Latin American studies curriculum last week, there was one module that really jumped out at School Board member Jesse Ruiz. Eighth grade students at district-run schools will learn about the World War II-era bracero program that brought Mexicans to the U.S. to fill labor shortages in agricultural fields. Its a little-known bit of immigration history thats more often taught in college ethnic studies courses or upper-level high school classes than in elementary schools. My father was a bracero, says Ruiz, before recounting his fathers stories of brutal treatment by supervisors in the fields....
  • CHIditarod condemns racist participants who wore blackface

    03/10/2015 3:13:18 PM PDT · by Citizen Zed · 15 replies
    Chicago Suntimes ^ | 3-9-2015 | Brandon Wall
    Despite it being the year of our Lord 2015, at least one CHIditarod participant seemed to think it was OK to wear blackface. Event organizers apparently told him to remove the makeup, but people who believe blackface to be OK do not strike me as the type willing to listen to reason. The man was part of the #TooSoon team, a group that ostensibly dressed in an intentionally offensive manner. The man in question was dressed as Bill Cosby why limit yourself to just blackface when you can make rape jokes in the process and was joined by...
  • Rauner pension math would mean big cuts for current state employees

    03/10/2015 3:41:26 PM PDT · by Citizen Zed · 9 replies
    Crain's Chicago Business ^ | 3-9-2015 | GREG HINZ
    Does Gov. Bruce Rauner's pension math add up? Is it possible to cut spending $2.2 billion immediately, save taxpayers $100 billion over 30 years, protect everyone who's already retired and amortize $111 billion in unfunded pension liability without pushing current state workers and teachers into near-poverty when they retire? I spent most of the past week trying to get an answer to that question, talking to Rauner's team, independent financial experts and key lawmakers. My tentative conclusionI say tentative because deciphering actuarial tables makes nuclear physics look simpleis: probably not.
  • Gun ownership among Americans at a record low, survey finds

    03/10/2015 9:45:14 AM PDT · by KeyLargo · 61 replies
    Chicago Tribune ^ | Mar 10, 2015
    Gun ownership among Americans at a record low, survey finds By Tribune wire reports contact the reporter The number of Americans who live in a household with at least one gun is lower than it's ever been, according to a major American trend survey that finds the decline in gun ownership is paralleled by a reduction in the number of Americans who hunt. According to the latest General Social Survey, 32 percent of Americans either own a firearm themselves or live with someone who does, which ties a record low set in 2010. That's a significant decline since the late...
  • Jesse Jackson backs Garcia over Emanuel for Chicago mayor

    03/10/2015 8:38:13 AM PDT · by Olog-hai · 10 replies
    Chicago Tribune ^ | March 9, 2015, 2:37 PM | Juan Perez, Jr.
    Mayoral candidate Jess Chuy Garcia got the endorsement of the Rev. Jesse Jackson on Monday as both the challenger and Mayor Rahm Emanuel compete for the crucial African-American vote ahead of next months runoff election. Jackson cited Garcias consistent track record of service including his work with Harold Washington, Chicagos first African-American mayor. Jackson also said his support of President Barack Obama, who has endorsed Emanuel, had no bearing on endorsing Garcia.This is not about President Obama and me; its about Chuy and Rahm Emanuel. Its about whether theres a plan for reconstruction, said Jackson, who did not directly criticize...
  • ESSE JACKSON, CHICAGO BLACK MINISTERS DUMP RAHM EMANUEL, SUPPORT CHUY GARCIA FOR MAYOR

    03/10/2015 8:30:08 AM PDT · by libstripper · 47 replies
    breitbart.com ^ | Mar. 9, 2015 | Warner Todd Huston
    Rahm Emanuels path to re-election as Chicagos mayor just got a little murkier. On Monday a large group of African American ministers led by Operation Push activist Jesse Jackson endorsed Rahms opponent, Jesus Chuy Garcia. Emanuel has been having a lot of trouble with three entrenched constituencies in the Windy City: The black community, the Hispanic community and the teachers union. Still, in the recent election he did better with black voters than he might have. But today, after losing Jesse Jackson and the citys black ministers, Emanuel might have received a fatal blow to his shaky base of African...
  • Billionaires Ken Griffin, Pritzkers part of $1.3M cash dump to Emanuel campaign ( Chicago politics )

    03/09/2015 5:47:58 PM PDT · by george76 · 15 replies
    Chicago Sun Times ^ | 03/09/2015 | Natasha Korecki
    Over three days, some of the wealthiest people in Chicago, if not the nation, dumped more than $1.3 million into the political re-election campaign of Chicago Mayor Rahm Emanuel.. Among the donors was Citadel founder and billionaire Ken Griffin, who donated $250,000 to Emanuel. The mayor is battling to keep his seat against a surging Cook County Commissioner Jesus Chuy Garcia. Others who donated from March 3 to March 6 include: Groupon co-founder Eric Lefkofsky, $200,000; Richard Melman, $100,000; and Jay B. Pritzker and M.K. Pritzker, who tossed in $50,000 each. Garcia recently took in a a $250,000 contribution from...
  • Chinese immigrant spared prison for Chicago Merc trade secrets theft

    03/09/2015 5:41:50 PM PDT · by george76 · 9 replies
    Chicago Sun Times ^ | 03/03/2015 | Kim Janssen
    A Chinese immigrant who stole trade secrets from the Chicago Merc worth an estimated $50 million was spared prison Tuesday by a federal judge who cited his otherwise exemplary life. Chunlai Yang, 50, of Libertyville, was instead sentenced to just four years probation for stealing software that underpinned the CME Groups Globex trading platform. Yang, who worked as a high-ranking programmer for the Merc from 2000 until his arrest in 2011, pleaded guilty in 2012 to the theft, admitting he was trying to create a similar product in China when he illegally downloaded more than 10,000 computer source code files....
  • Jonathan Ramirez, Santos Bueno killed in Pilsen shooting

    03/08/2015 7:55:34 AM PDT · by ConservativeStatement · 8 replies
    Chicago Sun-Times ^ | March 7, 2015, | Michael Lansu
    Two men were fatally shot in the Pilsen neighborhood early Saturday. Johnathan Ramirez, 18, and Santos Bueno, 22, were sitting inside a vehicle parked in the 1000 block of West 18th Street when a gunman walked up and opened fire about 1:30 a.m., authorities said.
  • Illinois High School Holds "Black Lives Matter" Assembly, Ban Other Races from Attending

    03/07/2015 10:30:51 AM PST · by rightistight · 67 replies
    Pundit Press ^ | 3/7/15 | Aurelius
    Oak Park and River Forest High School in Oak Park, Illinois held a Black Lives Matter assembly last week, but banned anyone who was not African American from attending. Oak Park is just outside of Chicago. White students who tried to attend were physically barred from entering the auditorium where the meeting was taking place. Parents of these students said that their children were turned away when they tried to enter. However, Principal Nathaniel Rouse, who organized the event and is black, is not backing down from his decision to exclude other races. Not only that, but by banning whites,...
  • Moody's downgrades CPS credit rating [ Chicago Public Schools ]

    03/07/2015 5:45:37 AM PST · by george76 · 7 replies
    Chicago Sun Times ^ | 03/06/2015 | Maudlyne Ihejirika
    Moodys Investors Service on Friday announced it had reduced its rating on Chicago Board of Education debt to one level above junk bond status. Moodys downgraded the rating to Baa3 from Baa1 on the boards general obligation debt. That rating applies to a total of $6.3 billion in outstanding debt held by Chicago Public Schools. That lowered rating, according to Moodys, reflects CPSs continued reliance on its reserves to cover ongoing operating expenditures, particularly pension contributions, which will steadily increase in the coming years. ... the lowered CPS rating also takes into account the citys own credit rating, which also...
  • The Democrats Dilemma

    03/07/2015 4:53:07 AM PST · by Kaslin · 20 replies
    Townhall.com ^ | March 7, 2015 | John C. Goodman
    Here’s a shocker. Rahm Emanuel may not be re-elected as mayor of Chicago. The reason? Emanuel has been siding with poor, minority children who want a better chance in life against Chicago teachers unions who view the public schools as a jobs program rather than a place to educate children. Guess which of these two groups is not allowed to vote?When he was running for office, John Edwards reflected the way that many Democrats would probably like to think of themselves. Edwards talked about two Americas – which he characterized as the haves and the have nots. He promised to...
  • Farrakhan Tells Black Soldiers To Desert For The Day Of Judgment For Whites

    03/06/2015 5:46:29 PM PST · by 2ndDivisionVet · 66 replies
    The Daily Caller ^ | March 5, 2015 | Scott Greer, associate editor
    Nation of Islam leader Louis Farrakhan made a fiery speech Sunday in which he warned whites that a day of judgment is coming to avenge their evil and that African Americans serving in the armed forces should immediately withdraw and fight for their communities instead. In an address given at the Nation of Islams headquarters in Chicago, Farrakhan claimed whites have oppressed blacks for hundreds of years and a reckoning is due for the iniquities of their fathers, the NOI publication Final Call reports. When a man has done that kind of evil, they are long gone and dead, but...
  • Chicago on the Potomac

    03/06/2015 2:45:16 PM PST · by Sean_Anthony
    Canada Free Press ^ | 03/06/15 | Dr. Robert Owens
    After years of being treated as if the Wisdom of the Ages were as relevant as Confucius in a fortune cookie now that we have Chicago on the Potomac the wisdom gained in the City that Works is suddenly spot-on. Back in the Dream Time, elders were honored because of their accumulated knowledge, if Pops knew a better way to saddle horses that knowledge helped Junior since he saddled horses. Today if Pops knows how to tune-up cars what good is that when cars dont need to be tuned-up anymore? Now the old are relegated to extolling their own relevance...
  • Editorial: Chuy? Rahm? Who will be Chicago's gun control champion?

    03/06/2015 4:44:17 AM PST · by rellimpank · 6 replies
    Chicago Sun-Times ^ | 6 mar 2015
    Its a day every student at Englewoods Urban Prep Charter Academy eagerly anticipates, including 17-year-old Deonte Hoard. On Friday all seniors admitted to college are honored during the schools august On to the Next One Ceremony. Its a beautiful, moving event. Hoard wont be there. Instead of reveling in his success Deonte earned multiple college admissions letters his family is mourning. Deonte is Chicagos latest agonizing and senseless shooting victim. He was killed Monday on his block in the South Deering neighborhood, shot after someone in a black SUV opened fire around 7 p.m.
  • Chicago's Only Possible Salvation: Bankruptcy

    03/04/2015 10:19:48 AM PST · by SeekAndFind · 10 replies
    Townhall ^ | 03/04/2015 | Mike Shedlock
    Is the Chicago pension system so messed up and union work rules so entrenched the only way to change either of them is bankruptcy? I think so. So does Dennis Byrne who wrote on his blog today Chicago's Only Salvation: A Detroit-Like Bankruptcy. This is a guest post from Byrne. Chicago's Only Salvation: A Detroit-Like Bankruptcy Wait, I thought only the Republican Party was being torn asunder by a rift between the establishment middle and the fringe. That impression was nailed down, again, last week by the embarrassing fracture among House Republicans over funding for the Department of Homeland Security....
  • Rahm Emanuels Chicago Run-Off Should Terrify Hillaryland

    03/03/2015 12:37:13 PM PST · by SeekAndFind · 10 replies
    The Federalist ^ | 03/03/2015 | Robert Tracinski
    Last week, the mayoral election in Chicago produced a shocking result when incumbent Rahm EmanuelBarack Obamas former chief of stafffailed to get the 51% of the vote needed to avoid a run-off. Emanuel should be worried, but you know who should really be terrified? Hillary Clinton and her acolytes. This election result is a warning that not everyone is ready for Hillary. First, some context. In Chicago, Da Mare does not go to a runoff. Ever. If youre in charge of the machine, it does your bidding and its gets you re-elected, period. Thats how Richard M. Daley ended up...
  • Sen. Kirk: Chicago Could End Up Like Detroit If Mayor Emanuel Not Re-Elected (Rino-barf alert)

    03/03/2015 5:58:05 AM PST · by KeyLargo · 42 replies
    CBS Chicago ^ | March 2, 2015 | Craig Dellimore
    Sen. Kirk: Chicago Could End Up Like Detroit If Mayor Emanuel Not Re-Elected March 2, 2015 Craig Dellimore (CBS) Republican U.S. Senator Mark Kirk has given his tacit endorsement of Mayor Rahm Emanuel for re-election, reports WBBM Political Editor Craig Dellimore. He refused to call it an endorsement, but Senator Mark Kirk made clear he feels Chicago would risk dire financial straits like Detroit has seen if Mayor Emanuel is not re-elected.
  • Chicago baseball pioneer Minnie Minoso dies

    03/02/2015 7:36:12 PM PST · by Impala64ssa · 7 replies
    The baseball world lost another legend on Sunday with the death of former Chicago White Sox outfielder Minnie Minoso. Minoso was a seven-time All-Star while playing with the White Sox in the 1950s and 1960s, but much more than that he was a pioneer. When he was traded by the Cleveland Indians to the White Sox in 1951, he became the city of Chicagos first black player. There is some dispute over when Minoso was born, but the team website said he was 92. The Chicago Tribune reported that Minoso was found dead in his car at a Chicago gas...
  • Rahm Emanuel's Chicago Nears Fiscal Free Fall

    03/02/2015 4:01:35 PM PST · by raptor22 · 47 replies
    Investor's Business Daily ^ | March 2, 2015 | IBD EDITORIALS
    ities: The problem with socialism, Margaret Thatcher once noted, is you eventually run out of other people's money. In progressive Chicago, that's hit home as Moody's has cut its credit rating to two grades above "junk." Chicago's finances are staggering under the weight of an unfunded pension liability that Moody's Investors Service has estimated at $32 billion, eight times the city's operating revenue. Chicago has a $300 million structural deficit. And Illinois law requires the city to up its 2016 contributions to its police and fire pension funds by $550 million. "This is an unfortunate wake-up call for anyone still...
  • Minnie Minoso, Treasured White Sox Ballplayer, Is Dead

    03/01/2015 12:44:03 PM PST · by EveningStar · 25 replies
    The New York Times ^ | March 1, 2015 | Richard Goldstein
    Minnie Minoso, the hugely popular All-Star outfielder from Cuba who became the major leagues first black player out of Latin America and a treasured figure in the history of the Chicago White Sox, died on Sunday in Chicago. His true age was never entirely clear, but by an account in his autobiography, he would have been 89 when he died.
  • Upcoming Chicago literary events (Hussein's best friend - Bill Ayers)

    02/28/2015 6:02:36 AM PST · by Libloather · 6 replies
    Chicago Tribune ^ | 2/26/15 | Jeremy Mikula
    **SNIP** March 22: Jeanne Bishop will discuss her new book, "Change of Heart: Justice, Mercy, and Making Peace With My Sister's Killer," with Bill Ayers and Bernardine Dohrn. 4 p.m., Seminary Co-op Bookstore, 5751 S. Woodlawn Ave., semcoop.com, 773-752-4381