Tribune

Don't Be Fooled - The Federal Reserve Will Continue Rate Hikes Despite Crisis

"Perhaps investors should consider that they are being duped by central bank ploys, and that they are useful idiots in a game designed to keep the public under control with fraudulent markets until the Fed is ready to pull the plug. When the crash takes place, the Fed will find a way to remove itself from any blame."

Illinois Tax Rate Soars 32% After Senate Overrides Governor Veto

In a whirlwind of activity on America's nation holiday, just around noon, first the Illinois Senate voted to approve the House tax hike and spending bill, then shortly after, state Gov. Rauner - just as he warned he would - vetoed both the income tax increase and the budget bill and budget implementation bill, only to be himself overriden moments later by the Senate, as it took the drastic measure to end a record budget impasse.

"From Horrific To Catastrophic": Court Ruling Sends Illinois Into Financial Abyss

“Friday’s ruling by the U.S. District Court takes the state’s finances from horrific to catastrophic,” Comptroller Susana Mendoza, a Democrat, said in an emailed statement after the ruling. "Ppayments to the state’s pension funds; state payroll including legislator pay; General State Aid to schools and payments to local governments will likely have to be cut.”