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Keyword: chicago

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  • Chicago Teachers Pension fund paid out $1.5 billion in '16, earned $7.8 million

    05/22/2017 8:40:22 PM PDT · by Attention Surplus Disorder · 18 replies
    Chicago CIty Wire ^ | May 21, 2017 | LocalLabs News Service
    The Chicago Teachers' Pension Fund (CTPF) paid out $1.5 billion last fiscal year, mostly on benefits to retirees. But it only earned $7.8 million on its investments, according to a filing it made with the Illinois Department of Insurance. The Chicago Teachers' Pension fund operates like a Ponzi Scheme, but it is allowed to do so because the fund is taxpayer-backed. Bernie Madoff's private Ponzi scheme cost investors $18 billion; he received 150 years in prison. The Chicago Teachers' Pension fund operates like a Ponzi Scheme, but it is allowed to do so because the fund is taxpayer-backed. Bernie Madoff's...
  • University of Chicago People of Color submit List of Demands

    05/22/2017 7:59:06 PM PDT · by BogusTimes · 28 replies
    Bogus Times ^ | 5/22/17 | Kim Parkhurst
    A collaboration of minority student groups at the University of Chicago, calling their alliance “UChicago United,” presented a list of nearly 50 demands to the university Friday which included the formation of distinct, racially-themed academic departments. The academic departments are to be university-funded and -run “cultural houses,” specifically a Black House, Latinx House and Asian House, which will stand independent of Multicultural Student Affairs and serve each specific racial community.
  • 4 dead, 34 wounded in Chicago weekend shootings

    05/22/2017 5:13:29 AM PDT · by simpson96 · 23 replies
    Chicago Sun-Times ^ | 5/22/2017 | Staff
    Four people were killed and at least 34 others, including a 9-year-old boy, were wounded in shootings across Chicago between Friday night and Monday morning. The weekend’s latest fatal shooting happened about 2:40 p.m. Sunday, when an 18-year-old man was killed and a 15-year-old boy was wounded in the 100 block of North Parkside in the West Side Austin neighborhood. The man was shot in the back and pronounced dead at the scene(snip) Earlier Sunday, a 46-year-old man was shot to death in the Gage Park neighborhood on the Southwest Side. He was walking on the sidewalk about 3:45 a.m....
  • Gun demand rises in Chicago despite national drop-off under Trump

    05/15/2017 5:03:42 AM PDT · by rellimpank · 7 replies
    Chicago Tribune ^ | 15 may 2017 | Robert McCoppin
    Demand for legal firearms in Chicago continues to grow even as the appetite nationally and in Illinois has fallen significantly in recent months — something gun vendors attribute to the election of President Donald Trump. While gun sales nationwide appear to have dropped from the levels they reached during the Obama years — apparently driven in part by lessened concerns under Trump that access will be restricted — changes in state laws and Chicago's crime wave have unleashed a pent-up demand for legal gun ownership in the area. Gun suppliers have called former President Barack Obama their best salesman, because...
  • CHICAGO Ald. Arena's Section 8 development means more crime, lower property values

    05/12/2017 6:05:08 AM PDT · by KeyLargo · 8 replies
    Chicago City ^ | Mar 17, 2017 | Glenn Minnis
    Ald. Arena's Section 8 development means more crime, lower property values in Jefferson Park, says expert Crime Glenn Minnis James Bovard warns residents of Jefferson Park that they need look no further than the opposite side of the city to see what a proposed low-income, subsidized housing complex could mean for their neighborhood. The plan, backed by 45th Ward Alderman John Arena, would nearly double the amount of subsidized housing in the neighborhood. “It could be the Chatham aftermath all over again,” Bovard, a noted libertarian author and lecturer, told the Chicago City Wire. Chatham is a South Side neighborhood...
  • Caught on Camera: Concealed Carrier Shoots and Kills Armed Car Jacker [VIDEO]

    05/11/2017 8:53:02 AM PDT · by lowbridge · 28 replies ^ | May 11, 2017
    An unnamed motorist at a gas station in Elmwood Park, Illinois, shot and killed a would-be carjacker in early April, the whole event being caught on the station’s security cameras. However, police say the motorist acted in self defence and will not be charged for the incident.
  • CPS needs $596M, not $129M, to finish year, top mayoral aide says ( Chicago )

    05/10/2017 3:45:08 AM PDT · by george76 · 15 replies
    Chicago Sun-Times ^ | 05/09/2017 | Santiago Covarrubias
    It's going to take much more money to keep Chicago's schools open through June than previously revealed, top Emanuel budget aide Carole Brown says. The Chicago Public Schools actually need $596 million to keep schools open the rest of the school year, and not just the $129 million officials have publicly discussed, a top aide to Mayor Rahm Emanuel said Tuesday. ... Brown said all options are on the table to find the cash needed to stave off an early closing of schools that CPS CEO Forrest Claypool has warned might be needed but that Emanuel has ruled out to...
  • Chicago police issue bulletin on gangs, high-powered weapons

    05/08/2017 6:54:49 PM PDT · by rktman · 26 replies ^ | 5/8/2017 | DON BABWIN
    - Chicago police issued a bulletin Monday warning its officers about gangs armed with high-powered weapons, after three people were shot to death over the weekend - including two attending a memorial for the earlier victim. Department spokesman Anthony Guglielmi said the three people who were killed in the shootings Sunday were all members of the same street gang. A shooting early in the day left one man dead, and the two others were killed and eight people were injured in a spray of more than two dozen shots from two guns while attending a makeshift memorial for him. Police...
  • House to consider protecting immigration law evaders where IL's most vulnerable gather

    05/09/2017 5:38:36 AM PDT · by KeyLargo · 7 replies
    House to consider protecting immigration law evaders where IL's most vulnerable gather SPRINGFIELD - Illinois House members will be asked this week to make state-funded places where Illinois' most vulnerable citizens gather as the very same locations criminals will be able to find sanctuary from immigration authorities. SB 31, dubbed by supporters as the "Illinois Trust Act," passed the Illinois Senate last week along party lines, with all Democrats voting "Yes," and all Republicans voting "No," except Senate GOP Leader Christine Radogno, who voted "Present." Six Democrats did not vote. If the bill becomes law, tax-funded pre-schools, hospitals, nursing homes...
  • As Chicago gangs escalate to rifles: Answering a new danger to cops and civilians (barf alert)

    05/09/2017 4:36:26 AM PDT · by rellimpank · 29 replies
    Chicago Tribune ^ | 09 may 2017
    Chicago police are used to facing the possibility of death every time they put on their badges. But it's safe to assume they paid special attention to the alert on police radio channels Monday advising them to "expect a heightened presence of Satan Disciples" in the Brighton Park neighborhood on the city's Southwest Side. The real news: "This gang is in possession of numerous military-style rifles that are capable of piercing police protection." Shootings in Chicago, as in most places, are usually done with handguns, which have the advantage of being relatively inexpensive and easy to conceal. But in recent...
  • 2 Killed, 8 Wounded in Shooting at Chicago Memorial for a Man Killed Earlier the Same Day

    05/08/2017 7:45:48 AM PDT · by Responsibility2nd · 33 replies
    The Root ^ | 05/08/2017 | Breanna Edwards
    Two people were killed and eight were left wounded in a Sunday shooting that police believe to be the result of a gang-retaliation hit that targeted the memorial for another man that had been killed earlier in the day. According to USA Today, the victims were at an outdoor memorial service on Sunday evening at around 5:15 p.m. for 26-year-old Daniel Cardova, who was fatally gunned down in the city’s Brighton Park neighborhood a mere 13 hours earlier. It was then that more gunfire broke out. “During this memorial, two subjects came out of an alley east of the location…and...
  • Hipster Obama’s presidential library will include a recording studio

    05/07/2017 3:10:11 PM PDT · by 2ndDivisionVet · 45 replies
    PPP Focus ^ | May 7, 2017 | Paul Smedley
    Former President Obama and his wife Michelle returned Wednesday to Chicago to unveil plans for the new Obama Presidential Center in Jackson Park dedicated to the 44th President. Barack and Michelle also announced that they will be donating $2 million to support efforts to create jobs in Chicago. The recording studio will be a space “where I can invite Chance [the Rapper] or Bruce Springsteen, depending on your taste, to come here and talk about how you can record music that has social commentary and meaning”, Obama said. The renderings depict three buildings – a forum, library, and museum –...
  • When pigs might fly in front of Trump Tower in Chicago

    A parade of giant gold pigs could be flying by Trump Tower in Chicago some time this summer, obscuring the 20-foot-high "TRUMP" letters on the side of the building facing the Chicago River. Chicago-based architecture design group New World Projects came up with the idea for "Flying Pigs on Parade" as a response to Donald Trump's victory in the presidential election. The floating art installation would send four giant gold pig ballons attached to a barge down the Chicago River for a day this summer, on a Saturday or Sunday in August, CBS Chicago reports. New World Projects still has...
  • Chicago’s ‘Flying Golden Pigs’ Stint destined to be Lead balloon

    05/07/2017 8:42:27 AM PDT · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 05/07/17 | Judi McLeod
    Good people of Chicago know that the Trump sign seen over the Windy City’s skyline for years was never a problem. No problem, that is, until the progressive temper tantrums that came after the word ‘President’ was added to his name Was the idea to float balloons of golden pigs covering Trump’s name on his Chicago skyscraper hotel lifted from 20 elementary-age school girls who released a 75-foot handmade rosary of yellow balloons skyward from Chicago’s Michigan Avenue bridge claiming the Magnificent Mile for Mary, on August 14, 2011? “All attempts to get rid of President Trump have so far...
  • ‘Miracle’ cops survive after their van riddled by assault rifle (Chicago)

    05/04/2017 8:20:14 AM PDT · by simpson96 · 16 replies
    Chicago Tribune ^ | 5/3/2017 | Frank Main, Fran Spielman
    Members of the La Raza street gang are believed to be responsible for shooting two Chicago Police tactical officers Tuesday — and one of the gunmen was using a .223-caliber rifle, most likely an assault weapon such as an AR-15, law enforcement sources said Wednesday. Both officers have been released from Stroger Hospital where they were treated for their wounds. One officer, the son of a high-ranking Chicago police official, was shot in the hip and arm. The other was hit in the back, authorities said. The officers fired back, but it’s unclear whether anyone was struck. The officers were...
  • Citizens of Chicago need “relief” from “visual noise” of Trump Tower Sign

    05/06/2017 7:18:25 AM PDT · by Sean_Anthony · 10 replies
    Canada Free Press ^ | 05/06/17 | Judi McLeod
    One for the books: As sure as private citizen Barack Hussein Obama will lap up all credit should Brigette Marie-Claude Macron’s little boy Emmanuel win France’s presidential election, pigs really do fly. Pigs don’t only fly these days, they sing while in fanciful flight. And the song they sing is “Na na na na, na na na na, hey hey hey, goodbye,” like when they sang off-key in unison as the health care bill crossed the finish line with the 216 votes needed to pass yesterday. …’All together now, one two, three. Nancy, don’t try to be the loudest voice...
  • The Obamas Will Donate $2 Million To Support Summer Jobs In Chicago This Year

    05/03/2017 1:24:46 PM PDT · by 2ndDivisionVet · 30 replies
    The Huffington Post ^ | May 3, 2017 | Sam Levine
    Former President Barack Obama said Wednesday that he and Michelle Obama would personally donate $2 million to support summer jobs for Chicago young people this year. Obama made the announcement while presenting preliminary plans for his presidential library and center in Chicago’s Jackson Park neighborhood. Construction will take four years, but Obama said he wanted the facility to start offering programs immediately. “We don’t want to wait for a building,” he said. “One of the things that we will be starting this year is Michelle and I personally are going to donate $2 million to our summer jobs programs here...
  • 2 Chicago officers shot in 'targeted' attack; manhunt underway

    05/03/2017 5:47:26 AM PDT · by simpson96 · 13 replies
    ABC News ^ | 5/3/2017 | Karma Allen
    Two on-duty Chicago officers were shot and wounded when two vehicles pulled up beside them on Tuesday and began "firing indiscriminately" in what is thought to be a targeted attack, the Chicago Police Department said. The officers, both male, were conducting an investigation in the city's south side when "one, possibly two vehicles, pulled alongside them and started firing indiscriminately at the officers," Chicago Police Superintendent Eddie Johnson said during a press conference early Wednesday morning. One officer was shot in the arm and hip and the other in the back, Johnson said. They were taken to a local hospital...
  • Two Chicago police shot

    05/02/2017 8:20:51 PM PDT · by KeyLargo · 28 replies
    Fox 32 ^ | 2may 2017
  • Has Trump Gone Soft? (vanity/discussion)

    05/02/2017 10:40:09 AM PDT · by Cubs Fan · 92 replies
    This budget does not fund the wall, but it funds planned parenthood and sanctuary cities. We're told it will get dealt with in October. Oh Really? why not now? Also—Where is the appeal on the travel ban? Gorsuch is in place. So what is the hold up? Same with the sanctuary cities ruling. Where is the appeal? No wall, no travel ban, sanctuary cities fully funded, and planned parenthood funded as well. I’m pretty sure that’s NOT what we voted for. Where is Trump the fighter? Where did he go?