Illinois

A World In Which "Almost Anything Becomes Possible, Almost Nothing Is Crazy"

Almost anything becomes possible. "People are nervous about the S&P 500 here because they can’t enunciate what I’ve just described. But there’s no longer a right price for the S&P, just an extremely wide range of possibilities. 2,000 isn’t crazy, nor is 3,000, or 4,000. Almost nothing is crazy"

Trump Vs. The HillaryCons

“This is a binary election... [N]ot voting” for Trump is “functionally... a vote for Hillary.” So for the outspoken rightist establishmentarians, what is conservative about rendering aid and comfort to the presidential ambitions of Hillary Rodham Clinton?

'Open The Books' Exposes The Sham That Is The Illinois State Budget

It’s been two years since Illinois state government had a full-year budget. Now, more than 70,000 vendors are owed $8.2 billion. Yet, despite the legislative deadlock and seemingly fiscal insolvency, more than $50 billion in state payments flowed to providers and other entities in FY2016. So, who actually got paid and for how much while others waited in the long line of unpaid bills?

Obama Admits 10,000 Syrian Refugees: This Is Where They Are Headed

Yesterday, the White House announced that the US had met President Obama’s goal of admitting 10,000 Syrian refugees into the country; it did so ahead of schedule.  So where are they going: the top state destination for refugee influx are the states of Michigan and California.

Will The Election Be Hacked: FBI Finds "Foreigners" Breached Two State Election Databases

With both political parties increasingly sensitive to allegations of electoral rigging in the upcoming presidential elections, whether due to direct manipulation of the counting process or as a result of "hacks" potentially leading to accusations of vote rigging by the losing candidate and their supporters, today's striking news that the FBI has evidence that hackers targeted two state election databases in recent weeks may be a harbinger of what is to come. 

Illinois Warns Of "Crippling Tax Hikes", "Devastating Impact" If Largest Pension Fund Admits Reality

Action this week by Illinois' biggest public pension fund to lower its expected rate of return, could "cripple" the state's already fragile finances, Governor Rauner has warned. "If the (TRS) board were to approve a lower assumed rate of return taxpayers will be automatically and immediately on the hook for potentially hundreds of millions of dollars in higher taxes or reduced services... the unforeseen and unknown automatic cost increases would have a devastating impact."

Obamacare Is Rapidly Becoming The Poster-Child For American Inequality

The best thing about Obama (from an oligarch’s perspective), is his uncanny ability to push through upward redistributive wealth policies while still maintaining a phony aura of caring about the little guy amongst so many of his apparently lobotomized supporters.

The Real Existential Threats Of 2016

"If one belongs to that third of the nation that pays no income taxes but receives copious benefits, why would you vote for a party that will cut taxes you don’t pay, but take away benefits you do receive?" And so they did, and so they do. But this is a game that cannot go on forever.