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Chicago

OpenCalais Metadata: Latitude: 
41.85
OpenCalais Metadata: Longitude: 
-87.65
OpenCalais Metadata: ContainedByState: 
Illinois

The Way Chicago "Works": Graft, Corruption, Political Connections, Bribes, Unions

The Way Chicago "Works": Graft, Corruption, Political Connections, Bribes, Unions

Authored by Mike Shedlock via MishTalk.com,

Those who wish to understand how things work in Chicago need only read a single article that ties everything together: Teamsters boss indicted on charges of extorting $100,000 from a local business.

A politically connected Teamsters union boss was indicted Wednesday on federal charges alleging he extorted $100,000 in cash from a local business.

 

Illinois Budget: What It Does And Doesn't Do (Surprise Giveaway To Muni Bondholders?)

Illinois Budget: What It Does And Doesn't Do (Surprise Giveaway To Muni Bondholders?)

Authored by Mike Shedlock via MishTalk.com,

Illinois now has a budget, the first in three fiscal years. An excellent writeup on The Stump entitled Illinois Financial Disaster: Even More Reactions to the Budget explains what passage of the budget does and does not do.

Here are some links mentioned by The Stump and a few additional links and comments by me.

The Budget Fixes Nothing

Mark Glennon at Wirepoints comments on the Many Ways Illinoisans Won’t Pay Higher Taxes

Chicago's Terrible New Plan To Force High School Kids Into The Military

Chicago's Terrible New Plan To Force High School Kids Into The Military

Authored by Alice Salles via TheAntiMedia.org,

Chicago, Illinois, has a chronic inflated state problem disguised as a schooling problem. In order to eradicate the symptom, Mayor Rahm Emanuel has decided to attack those who suffer from it and not the actual root of the problem — adopting a classic “more of the same” approach.

Trump On Chicagoland: "Killings Have Reached Epic Proportions...I'm Sending In The Feds!"

Trump On Chicagoland: "Killings Have Reached Epic Proportions...I'm Sending In The Feds!"

He's been promising to do it for a long time, and now it appears that Trump is finally "sending in the Feds" to help with Chicago's "crime and killings" which have "reached epic proportions."

 

WTF Chart Of The Day - Chicago PMI Spikes To 3 Year High, Beats By 7 Standard Deviations

WTF Chart Of The Day - Chicago PMI Spikes To 3 Year High, Beats By 7 Standard Deviations

Even as the rest of the 'soft' survey data catches down to 'hard' data's ugly reality...

Someone or something in Chicago is exuberantly celebrating Trumpmania as the city collapses under a hail of bullets.

Beating expectations by 7 standard deviations, June PMI spike to 65.7 - the highest since May 2014.

 

This is the fifth consecutive increase in busines confidence with new orders at their highest since May 2014 and order backlogs spiking to their highest since July 1994.

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