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Keyword: chicagoway

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  • Ex-teachers union boss gets $242,000 state pension

    10/22/2011 11:04:19 AM PDT · by mdittmar · 13 replies
    Chicago Tribune ^ | October 23, 2011 | Ray Long
    SPRINGFIELD —— Reg Weaver receives a state pension of $242,657 a year, not because it's based on his last salary as a teacher, but because he gets to count the $300,000-plus check he made as president of the National Education Association.It's one of the highest pensions paid by the heavily indebted Illinois Teachers' Retirement System.Weaver, whose last salary as a south suburban teacher was $60,000, is one of 116 active and inactive members of the Teachers' Retirement System who can base their retirement income on their salaries and service in the National Education Association, the Illinois Education Association, the Illinois...
  • Ethics Committee re-launches probe into whether Jackson attempted to buy Obama’s Senate seat

    10/18/2011 5:28:37 PM PDT · by STARWISE · 17 replies
    Daily Caller ^ | 10-18-11 | Steven Nelson
    The House Ethics Committee announced Tuesday afternoon that it would resume its inquest into Illinois Rep. Jesse Jackson, Jr.’s role in possibly attempting to purchase the Senate seat vacated by President Barack Obama. A statement on the committee’s website notes that the chairman of the committee, Alabama Republican Rep. Jo Bonner, and the ranking member, California Democratic Rep. Linda Sanchez, “have jointly decided to extend the matter.” The probe into Jackson’s involvement was initially deferred due to a request by the Justice Department. That request was withdrawn after former Illinois Gov. Rod Blagojevich was found guilty of corruption in June....
  • E-Mail Shows Senior Energy Official Pushed Solyndra Loan

    10/07/2011 3:18:10 PM PDT · by reaganaut1 · 15 replies
    New York Times ^ | October 7, 2011 | ERIC LIPTON and JOHN M. BRODER
    WASHINGTON — A senior Energy Department official pushed hard for the government’s $535 million loan to the California solar energy company Solyndra even after he had disclosed that his wife’s law firm represented the company and promised to recuse himself from matters related to its loan application, according to e-mails released by federal officials on Friday. The official, Steven J. Spinner, a senior member of the Energy Department’s loan guarantee oversight office and a 2008 Obama fund-raiser, inquired frequently about the progress of the Solyndra loan, urging the White House Office of Management and Budget to move more quickly on...
  • Property tax bills anger Cook County homeowners (Rahmland)

    10/07/2011 10:24:22 AM PDT · by Red Badger · 30 replies ^ | October 5, 2011 9:59 PM | Staff
    CHICAGO (CBS) – It’s sticker shock in the mail. Tax bills went out to Cook County homeowners this week and the big jump in the amount due to many homeowners has some wondering if they can keep their house. CBS 2′s Dana Kozlov takes a look at how the dramatic jump in property tax bills is affecting people and what you can do about it. According to the Cook County Clerk’s office, tax rates are up for schools, park districts, municipalities and other government bodies. Some of those tax levies have made double-digit increases in tax rates. The property tax...
  • Feds to Gibson: Hand over more wood

    09/30/2011 7:36:58 AM PDT · by Red Badger · 67 replies ^ | Wednesday, September 28, 2011 | Annie Johnson
    Federal authorities are pressuring Nashville-based Gibson Guitar to hand over an additional 25 bundles of Indian wood that the company allegedly planned to use in its famous guitars. The complaint was filed today in U.S. District Court for the Middle District of Tennessee and mirrors a 2010 action that sought official forfeiture of wood obtained in a 2009 raid of Gibson facilities. The latter of those cases has been stayed, pending the outcome of the most recent suit. As has been the case in previous allegations, at issue is the classification of certain wood imported to the United States from...
  • Feds award $55M to fund security planning for Chicago summits

    09/30/2011 4:40:44 AM PDT · by Thebaddog · 2 replies
    Chicago Tribune ^ | 9.30.11 | David Heinzmann
    Chicago has won a $54.6 million federal grant to fund security and emergency planning and cooperation among the city, Cook County and the state as preparations begin to ramp up for the G-8 and NATO summits being held here next May. While the money is to be shared among city, county and state emergency management agencies, Chicago's top emergency planner said the grant will be most useful in planning training exercises to handle security at the simultaneous economic and defense summits, which are likely to attract thousands of demonstrators. Gary Schenkel, director of the Chicago Office of Emergency Management and...
  • Report: Ford pulls bailout ad after criticism from press, questions from White House

    09/27/2011 9:58:54 AM PDT · by rightwingintelligentsia · 48 replies
    MLive ^ | September 27, 2011 | Jonathan Oosting
    Ford Motor Company has shelved a television commercial indirectly criticizing its competitors for accepting government bailouts to avoid bankruptcy in the wake of media criticism and, reportedly, a call from the White House. The ad, first uploaded to YouTube months ago, was part of a series featuring real-life customers who were thrust into press conferences where actor/reporters asked them to explain their decisions to buy a Ford. "I wasn't going to buy another car that was bailed out by our government," the customer, Chris, said in the ad. "I was going to buy from a manufacturer that's standing on their...
  • Worse and Worse: Obama Was Personally Briefed on Risks of Solyndra Loan Program

    I wonder how the big thinkers at the New York Times will spin this devastating report from their paper's prominent West Coast namesake:   Long before the politically connected California solar firm Solyndra went bankrupt, President Obama was warned by his top economic advisors about the financial and political risks of the Energy Department loan guarantee program that boosted the company's rapid ascent.  At a White House meeting in late October, Lawrence H. Summers, then director of the National Economic Council, and Timothy F. Geithner, the Treasury secretary, expressed concerns that the selection process for federal loan guarantees wasn't rigorous...
  • Wind Power's Political Payoff

    09/26/2011 4:54:18 PM PDT · by Kaslin · 8 replies
    IBD Editorials ^ | September 26, 2011 | Staff
    Scandal: Our ever-campaigning president heads off to a fundraiser held by a politically connected businessman whose company took a $100 million stimulus tax credit. Solyndra didn't stop pay-for-play the "Chicago Way." Tone-deaf somehow does not seem adequate to describe President Obama's silent indifference to the Solyndra scandal of his making as he rushes off to another fundraiser, a $25,000 per person affair in Missouri on Oct. 4 organized by another beneficiary of our stimulus tax dollars. Tom Carnahan, of the Missouri Carnahans, arguably that state's most prominent political family, is listed on President Obama's campaign website as a host of...
  • Solyndra Takes The Fifth

    09/21/2011 4:02:50 PM PDT · by Kaslin · 11 replies
    IBD Editorials ^ | September 21, 2011 | Staff
    Scandal: Two top executives of the bankrupt solar panel firm will refuse to answer questions about possible fraud and the waste of taxpayer dollars. Unlike oil execs, they and the administration have much to hide. There's a delicious irony in the news that Solyndra's two top executives, Chief Executive Brian Harrison and Chief Financial Officer W.G. "Bill" Stover, plan to invoke their Fifth Amendment rights and refuse to answer questions when they testify Friday before a House Energy and Commerce Committee panel investigating their failed company, which got more than $500 million in federally backed loans. It was only a...
  • The Administration's Tangled Web

    09/20/2011 4:28:33 PM PDT · by Kaslin · 8 replies
    IBD Editorials ^ | September 20, 2011 | Staff
    Scandals: A gun dealer's tape shows a possible coverup of a third gun found at the scene of a murdered border patrol agent. Meanwhile, a second congressional witness reports coaching of testimony on a donor's project. That giant sucking sound you hear is the Obama administration imploding under the weight of incompetent policies based on long-discredited progressive ideology and now a wave of scandals that involve gun-running, witness-tampering and political payoffs — and cover-ups of all of the above. The infamous Watergate tape may have its rival in tapes obtained by CBS News between an agent for the Bureau of...
  • Corruption Squared

    09/19/2011 4:30:14 PM PDT · by Kaslin · 13 replies
    IBD Editorials ^ | September 19, 2011 | Staff
    Scandal: The Air Force's Space Command chief was pressured to alter testimony about the danger of a wireless project developed by a Democratic donor's company. Are lives as well as money being put at risk? Crony capitalism, which has been rampant in President Obama's push for green energy, is one thing. Rewarding donors with stimulus dollars is merely the "Chicago Way" brought to Washington, D.C. But when ideology combines with cronyism to place American lives and the nation's security at risk, it's quite another thing. At issue is a plan by Reston, Va.-based satellite broadcast communications company LightSquared to build...
  • The Chicago Way: Union Boss Collects Pension After One Day on Job

    09/24/2011 9:27:31 AM PDT · by Kaslin · 4 replies ^ | September 24, 2011 | Mike Shedlock
    If you need evidence on how corrupt self-serving unions and union officials can be, then please consider Ex-labor chief's 1-day rehire nets $158,000 city pension A retired Chicago labor leader secured a $158,000 public pension — roughly five times greater than what a typical retired public-service worker in the Windy City receives — after being rehired for just one day of active duty on the city payroll, local news reports said. According to The Chicago Tribune, Dennis Gannon stands to collect approximately $5 million in city pension funds during his lifetime. He now draws the pension while working for a...
  • One-day rehiring nets former Chicago labor leader $158,000 pension

    09/22/2011 7:27:57 AM PDT · by listenhillary · 19 replies
    Chicago Tribune ^ | 9/21/2011 | Jason Grotto
    Most city workers spend decades in public service to build up modest pensions. But for former labor leader Dennis Gannon, the keys to securing a public pension were one day on the city payroll and some help from the Daley administration. And his city pension is more than modest. It's the highest of any retired union leader: $158,000. That's roughly five times greater than what the typical retired city worker receives. In fact, his pension is so high that it exceeds federal limits and required the city pension fund to file special paperwork with the Internal Revenue Service to give...
  • We Are Heroes, Who Need to Create a Crisis (VIDEO)

    09/22/2011 6:13:02 AM PDT · by Halfmanhalfamazing · 4 replies
    The Blaze ^ | September 20th | Naked Emperor News
    We Are Heroes, Who Need to Create a Crisis: SEIU’s Stephen Lerner at Progressive Summit Tells Unions, Community Organizers and Students They Need to Escalate Protests, Break Laws, Occupy Abandoned Houses and Spread the Crisis All Over U.S.
  • Obama's Chicago pals get rich off of his fraud-ridden weatherization programs

    09/21/2011 8:48:19 AM PDT · by Nachum · 16 replies
    American Thinker ^ | 9/21/11 | Ed Lasky
    The rest of America is just beginning to learn how Cook County politics works. Barack Obama learned his lessons well. He said as much when he let slip his real views: that politics is about "rewarding friends" and "punishing enemies." As president, Obama seems to be busy "rewarding" his home town pals at taxpayer expense. The giant slush fund known as the "stimulus" has been a rich source of payoffs that extend far beyond mega donors such as George Kaiser and his Solyndra investment. The stimulus fund has also been a honey pot to send money to personal pals of...
  • Law gives huge pension perks to union leaders (The Chicago way...)

    09/21/2011 8:19:52 AM PDT · by Kozel89 · 6 replies
    Chicago Tribune ^ | Sept 21, 2011 | Jason Grotto
    All it took to give nearly two dozen labor leaders from Chicago a windfall worth millions was a few tweaks to a handful of sentences in the state's lengthy pension code. The changes became law with no public debate among state legislators and, more importantly, no cost analysis. Twenty years later, 23 retired union officials from Chicago stand to collect about $56 million from two ailing city pension funds thanks to the changes...
  • Feds Still Mum on Reason for Gibson Raids

    09/21/2011 7:09:53 AM PDT · by indthkr · 31 replies
    Memphis Daily News ^ | 09/20/11 | Andy Meek
    Federal officials have shed a little light on last month’s raid of Gibson Guitar Corp. facilities in Memphis and Nashville – without really revealing much at all. In a letter dated Monday, Sept. 19, Christopher Mansour, the director of congressional and legislative affairs in the U.S. Department of the Interior, and Ronald Weich, assistant attorney general for legislative affairs, wrote to congressional leaders in broad terms about the federal Lacey Act. That’s the legislation that provided the backdrop of the Gibson raids. Their letter was in response to a letter sent by congressional leaders, including U.S. Rep. Marsha Blackburn, R-Tenn.,...
  • Not-for-profit group used state funds to buy decked-out Hummer

    09/20/2011 9:11:26 AM PDT · by Freedumb · 23 replies
    Chicago Sun-Times ^ | 09/20/2011 | DAVE McKINNEY & CHRIS FUSCO
    With its custom red paint job, on-board TV, public-address system, game consoles and sparkling chrome tire rims, the 2003 Hummer was no ordinary vehicle. The $45,196 SUV was designed to deliver an eye-catching, AIDS-awareness message to people in poor African-American neighborhoods on behalf of the Illinois Department of Public Health, then headed by Dr. Eric E. Whitaker, one of President Barack Obama’s closest friends.Soon, though, other AIDS activists began to question how the Chicago not-for-profit organization that used the decked-out Hummer to spread its message could afford to spend money on such a vehicle. After first insisting otherwise, Whitaker aides...
  • Obama's Solyndra scandal reeks of the Chicago Way

    09/17/2011 5:42:01 AM PDT · by Oldeconomybuyer · 37 replies
    Chicago Tribune ^ | September 18, 2011 | by John Kass
    The Solyndra scandal cost at least a half-billion public dollars. It is plaguing President Barack Obama. And it's being billed as a Washington story. But back in Obama's political hometown, those of us familiar with the Chicago Way can see something else in Solyndra — something that the Washington crowd calls "optics." In fact, it's not just a Washington saga — it has all the elements of a Chicago City Hall story, except with more zeros. So forget optics. What about smell? It smells bad, and it's going to smell worse. Or, did you really believe it when the White...
  • Obama's Solyndra scandal reeks of the Chicago Way

    09/18/2011 9:51:02 AM PDT · by KeyLargo · 17 replies ^ | Sep 18, 2011 | John Kass
    Obama's Solyndra scandal reeks of the Chicago Way Those of us from Chicago know exactly what the Solyndra scandal smells like. And It doesn't smell fresh and green. John Kass September 18, 2011 The Solyndra scandal cost at least a half-billion public dollars. It is plaguing President Barack Obama. And it's being billed as a Washington story. But back in Obama's political hometown, those of us familiar with the Chicago Way can see something else in Solyndra — something that the Washington crowd calls "optics." In fact, it's not just a Washington saga — it has all the elements of...
  • (Steve Spinner) Obama fundraiser linked to federal loan for failed solar company (Solyndra)

    09/17/2011 2:49:08 PM PDT · by maggief · 12 replies
    Boston Herald ^ | September 17, 2011 | Matea Gold and Stuart Pfeife
    WASHINGTON - The White House faced mounting political complications as a second top fundraiser for President Barack Obama was linked to a federal loan guarantee program that backed a now-bankrupt Silicon Valley solar energy company, and as two California lawmakers called for investigations of a state tax break granted to the firm. Steve Spinner, who helped monitor the Energy Department’s issuance of $25 billion in government-backed loans to renewable energy projects, was one of Obama’s top fundraisers in 2008 and is raising money for the president’s 2012 re-election campaign. Spinner did not have any role in the selection of applicants...
  • White House Pressure for a Donor? [Talk about crony capitalism!]

    09/15/2011 8:58:30 AM PDT · by Titus Quinctius Cincinnatus · 42 replies
    The Daily Beast ^ | 15 Sep 2011 | Eli Lake
    The Pentagon has worried for months that a project backed by a prominent Democratic donor might interfere with military GPS. Now Congress wants to know if the White House pressured a general to change his testimony. The four-star Air Force general who oversees U.S. Space Command walked into a highly secured room on Capitol Hill a week ago to give a classified briefing to lawmakers and staff, and dropped a surprise. Pressed by members, Gen. William Shelton said the White House tried to pressure him to change his testimony to make it more favorable to a company tied to a...
  • LightSquared: The next Obama pay-for-play morass?

    09/15/2011 10:36:31 AM PDT · by bronxville · 24 replies
    Michelle Malkin ^ | 09-15-2011 | Michelle Balkin
    When it rains, it pours. And there ain’t a big enough umbrella for all President Obama’s cronies and fixers to crowd under these days. While the Solyndra BGB (big green boondoggle) continues to blow up on Capitol Hill, the White House faces another pay-for-play backlash — this time from his own left flank. The liberal Daily Beast reports on a broadband project backed by a frequent Obama White House visitor and donor that has Pentagon officials concerned over potential military GPS interference. The Obama FCC took the lead in intervening on the donor, billionaire hedge fund manster Philip Falcone’s, behalf...
  • Emails link Solyndra to Biden office

    09/14/2011 7:33:43 AM PDT · by Kaslin · 43 replies ^ | September 14, 2011 | Bob Beauprez
    The rapidly evolving scandal surrounding a $535 million government loan to Solyndra, a California solar energy company, that shuttered its doors and filed bankruptcy last week, has now been connected to the office of Vice-President Joe Biden. Emails obtained by investigators for the House Energy and Commerce Committee and released to ABC News demonstrate how deeply involved the White House was at the highest levels in fast-tracking the approval of the politically well connected start-up in direct conflict with numerous private as well as government warnings that the survival of the company was very doubtful. On March 10, 2009 according...
  • Obama's Solyndra Loans "Number One Priority" for House Investigating Committee Since Feb.

    09/13/2011 5:20:34 AM PDT · by Kaslin · 11 replies · 1+ views ^ | September 13, 2011 | John Ransom
    <p>Our Lawyer-in-Chief, the brilliant Harvard law professor, has recently put on a symposium for us on investment law.  It should be titled “How not to invest when saving/creating jobs with taxpayer dollars.”</p> <p>Lawyer Obama apparently ignored a glowing, red legal flag when his administration decided to make what turns out to be a $527 million loan to a now-bankrupt solar energy company. The loan was part of a package made to struggling Solyndra, a solar company owned by a top contributor to the president, as we reported previously on Townhall Finance.</p>
  • Goldman Sachs to offer $25M to Chicago businesses (Rahmbo-pay to play clicking along)

    09/13/2011 2:23:44 PM PDT · by STARWISE · 8 replies
    Chicago Tribune ^ | 9-13-11 | Wailin Wong
    Goldman Sachs is funneling $25 million in loans and educational grants to Chicago-area small businesses, Mayor Rahm Emanuel announced Tuesday. The investment bank launched its 10,000 Small Businesses initiative in 2009, committing $500 million to provide education, access to capital and business support services to entrepreneurs. The initiative is already running in Houston, Los Angeles, New York, New Orleans and Long Beach, Calif.
  • Obama's Pet Billionaire at Solyndra Make Take White House Down

    09/11/2011 10:00:37 AM PDT · by Kaslin · 84 replies ^ | September 11, 2011 | Bob Beauprez
    A high profile, politically well-connected California solar energy company that had won a $535 million loan guarantee from the Obama Administration declared bankruptcy earlier this month and closed its doors sending 1100 workers to the unemployment line.   The demise of Solyndra has already sparked an FBI investigation, congressional hearings, and raised numerous questions of political cronyism and corruption connected to the highest levels of the Obama Administration.   While the White House and Congressional Democrats feign surprise at the collapse of what was described as "the most hyped startup in the crowded Solar Energy field," it appears Obama Administration representatives...
  • Obama Officials Sat In On Solyndra Meetings

    09/09/2011 7:49:12 AM PDT · by sunmars · 63 replies
    ABC ^ | ABC
    Officials from the Department of Energy have for months been sitting in on board meetings as "observers" at Solyndra, getting an up-close view as the solar energy company careened towards bankruptcy after spending more than $500 million in federal loan money. Word of the Energy Department's unusual arrangement came as federal agents on Thursday converged on the California headquarters of the failed solar company, focusing fresh attention on the first corporate beneficiary of President Obama's stimulus program to create new clean energy jobs. The company, which closed its doors last week and laid off 1,100 workers, has been a subject...
  • (Democrat Governor) Quinn plans layoffs, facility closings

    09/06/2011 3:36:13 AM PDT · by tobyhill · 16 replies
    chicago tribune ^ | 9/6/2011 | Monique Garcia
    Gov. Pat Quinn plans to issue layoff notices to thousands of state workers this week as he deals with a budget shortfall he pegs in the hundreds of millions of dollars, a state government source with knowledge of the situation told the Tribune. The governor also intends to announce the closing of several state facilities, including a prison, juvenile detention center and homes for the mentally ill and developmentally disabled, sources confirmed. Without action, Quinn's budget office says, several agencies would run out of money by the spring. Quinn is responding to the Democratic-controlled Legislature's decision at the end of...
  • Investigators Probe White House Role in Massive Energy Loan

    09/03/2011 6:42:48 PM PDT · by Red in Blue PA · 44 replies · 1+ views
    ABC News ^ | September 2, 2011 | By MATTHEW MOSK and RONNIE GREENE
    House investigators said they have uncovered evidence that White House officials became personally involved in an Energy Department review of a hot-button $535 million loan guarantee to the now-failed California solar company Solyndra. The allegation surfaced in a letter House Energy Committee Chairman Fred Upton (R-Mich.) sent to the White House Thursday night, saying he planned to accelerate efforts to understand an investment deal that may have left taxpayers out half a billion dollars. "We have learned from our investigation that White House officials monitored Solyndra's application and communicated with [Department of Energy] and Office of Management and Budget officials...
  • George Kaiser Made Multiple Visits to White House Prior to $535 Loan Guarantee to Solyndra

    09/03/2011 1:17:03 PM PDT · by Hojczyk · 19 replies
    Gateway Pundit ^ | september 3,2011 | Jim Hoft
    In this May 26, 2010 file photo, President Barack Obama, with Solyndra Chief Executive Officer Chris Gronet, looks at a solar panel, during a tour of Solyndra, Inc., a solar panel manufacturing facility, in Fremont, Calif. Solyndra received a $535 million loan from the U.S. government has announced layoffs of 1,100 workers and plans to file for bankruptcy. (WaPo) Top Obama bundler George Kaiser made multiple visits to the White House in the months before the company was granted a $535 million loan from the government. iWatch News reported, via Free Republic: The i Watch News investigation confirmed that at...
  • Investigators Probe White House Role in Massive Energy Loan

    09/02/2011 7:28:10 AM PDT · by mandaladon · 59 replies
    ABC News ^ | 2 Sep 2011 | MATTHEW MOSK and RONNIE GREENE
    House investigators said they have uncovered evidence that White House officials became personally involved in an Energy Department review of a hot-button $535 million loan guarantee to the now-failed California solar company Solyndra. The allegation surfaced in a letter House Energy Committee Chairman Fred Upton (R-Mich.) sent to the White House Thursday night, saying he planned to accelerate efforts to understand an investment deal that may have left taxpayers out half a billion dollars. "We have learned from our investigation that White House officials monitored Solyndra's application and communicated with [Department of Energy] and Office of Management and Budget officials...
  • Maxine Waters Warns ‘Gangsta’ Banks, "We're Gonna Tax Them Out of Business" (VIDEO)

    09/01/2011 6:25:38 AM PDT · by Halfmanhalfamazing · 54 replies ^ | August 31st
    At a Town Hall event in Los Angeles, Dem congresswoman Maxine Waters said the president should use the bully pulpit to, "bring the gangstas in, put them around the table and let them know that if they don't come up with loan modifications and keep people in their homes, that they've worked so hard for, we're gonna tax them out of business"
  • Gibson CEO: Obama Administration Told Us Our Problems Would Go Away If We Used Madagascar Labor.....

    09/01/2011 4:47:56 AM PDT · by blueyon · 110 replies
    Gateway Pundit ^ | 9/01/2011 | Jim Hoft
    Gibson CEO: Obama Administration Told Us Our Problems Would Go Away If We Used Madagascar Labor (Audio).......KMJ Radio host Chris Daniel interviewed Gibson CEO Henry Juszkiewicz on Wednesday. Juszkiewicz told Chris that the Obama Administration told them, “Your problems would go away if you used Madagascar labor instead of our labor.”
  • Feds go after Idaho man who shot grizzly bear to protect his family (Jack boot thug alert)

    08/31/2011 5:48:55 AM PDT · by Lakeshark · 18 replies
    Michelle Malkin ^ | 8/31/2011 | Michelle Malkin
    Maybe it’s time to start a Jackboot Watch feature. We’ve got DOJ lawyers going after Gibson guitars. There’s the ongoing Fast and Furious debacle. Add the eco-nitwit rogues at the Interior Department. Then there’s the War on Lemonade Stands. And now, we’ve got the U.S. Attorney in Idaho filing federal charges against Jeremy Hill, a father who shot a grizzly bear on his property to protect his wife and kids — even though state officials who investigated the case thoroughly took no action against the man. He now faces up to a year in prison and a $50,000 fine. He...
  • Where's Obama while the FCC trashes the Internet?

    08/30/2011 7:56:18 AM PDT · by Halfmanhalfamazing · 5 replies
    Tampa Bay Online ^ | August 12th | BRUCE EDWARD WALKER
    When President Barack Obama requested this spring that government agencies conduct a cost analysis on burdensome regulations, no one really expected anything to come of it. After all, he's a master at saying one thing and doing . . . nothing. Thus a group of GOP legislators are rightly calling on the president to make good on his request by directing the Federal Communications Commission to analyze the real costs of enforcing the network neutrality regulations it adopted last December. ... This scenario resembles the fellow who abandons his wife and children to chase after a long-legged gold-digger. The children...
  • Justice Dept. Investigating S.&P. Over Mortgages (Payback Time)

    08/17/2011 7:15:40 PM PDT · by tobyhill · 22 replies
    ny times ^ | 8/17/2011 | Louise Story
    The Justice Department is investigating whether the nation’s largest credit ratings agency, Standard & Poor’s, improperly rated dozens of mortgage securities in the years leading up to the financial crisis, according to two people interviewed by the government and another briefed on such interviews. The investigation began before Standard & Poor’s cut the United States’ AAA credit rating this month, but it is likely to add fuel to the political firestorm that has surrounded that action. Lawmakers and some administration officials have since questioned the agency’s secretive process, its credibility and the competence of its analysts, claiming to have found...
  • Emanuel announces $20 million loan pool to target foreclosures (no end to Chicago Way)

    08/17/2011 5:30:40 PM PDT · by STARWISE · 6 replies
    Sun Times ^ | 8-17-11 | Fran Spielman
    Nine Chicago neighborhoods riddled with foreclosures will get a blitzkrieg of cash and attention to turn those properties around, thanks to a $20 million loan pool unveiled Wednesday. With foreclosures rising by 20 percent in 2010, and resources steadily declining, Mayor Rahm Emanuel is trying a new approach to combat the epidemic that threatens to tear down entire inner-city neighborhoods. Instead of approaching the problem on a house-by-house basis, the mayor is targeting “small sub-sections” of nine neighborhoods hardest-hit by the foreclosure epidemic: Humboldt Park; Chatham; Chicago Lawn; West Woodlawn; Auburn-Gresham; West Pullman; Belmont-Cragin, Englewood and Grand Boulevard. All nine...
  • Did media cover up Sen. Durbin's confrontation with reporter? (VIDEO)

    08/12/2011 11:12:27 PM PDT · by newzjunkey · 14 replies
    The Washington Times ^ | August 11, 2011 | William Kelly
    Chicago, August 11, 2011 – This week U.S. Senator Dick Durbin held a press conference with members of the mainstream media to talk about the downgrade crisis. But the Senator’s scripted storyline veered off-course when a conservative reporter – me – showed up to ask an embarrassing question. Namely, “Senator, you’ve blamed the tea party…but do you bear any responsibility for this downgrade crisis?” What, you didn’t hear about this incident in the media? For those of you that need more proof that journalism is dead, read on. … I went to Durbin’s press conference to set the record straight....
  • Ill. Congressman responds to child support report

    07/28/2011 12:06:07 PM PDT · by Hunton Peck · 20 replies
    Associated Press ^ | Thursday, July 28, 2011 1:52 PM EDT
    CHICAGO (AP) — Illinois Rep. Joe Walsh, the tea party-backed Republican who squeaked into office last year by vowing to bring fiscal responsibility to Washington and who has been one of President Barack Obama's most outspoken critics during the standoff over the debt ceiling, is being sued for more than $100,000 in unpaid child support, a newspaper reported. The freshman congressman's ex-wife, Laura Walsh, filed the claim against him in December as part of their divorce case, saying he owed $117,437 to her and their three children, the Chicago Sun-Times reported in a story published Wednesday. *** Walsh, in a...
  • Obama's OMB ignores document subpoena; Upton/Stearns House panel says Monday morning or else

    07/23/2011 10:35:59 PM PDT · by Nachum · 55 replies
    Washington Examiner ^ | 7/23/11 | Mark Tapscott
    President Obama's senior appointees at the U.S. Office of Management and Budget took another step this week toward a potentially epic confrontation with Congress by ignoring a document subpoena issued by a subcommittee of the House Energy and Commerce Committee. The subpoena is for thousands of documents requested months ago by the committee's Subcommittee on Oversight and Investigations concerning OMB's evaluation of a Department of Energy economic stimulus program loan guarantee worth $535 million for Solyndra, Inc., which makes solar energy panels.
  • Hyatt apologizes for heat lamps being turned on strikers

    07/22/2011 6:56:03 AM PDT · by ConservativeStatement · 51 replies
    Chicago Tribune ^ | July 22, 2011 | Julie Wernau
    Hyatt apologized Friday morning for an incident in which heat lamps were turned on above workers on strike at the Park Hyatt Chicago hotel Thursday, saying a manager is responsible for the controversial move. Hotel workers on strike were taken by surprise Thursday morning when 10 heat lamps hanging above their picket line flipped on and stayed on for what they claim was nearly an hour.
  • Jesse White gives raises while other Illinois agencies freeze pay

    07/18/2011 7:14:46 AM PDT · by KeyLargo · 7 replies
    Chicago Business ^ | Jul 18, 2011 | Greg Hinz
    Jesse White gives raises while other Illinois agencies freeze pay By: Greg Hinz July 18, 2011 Pay hikes in Jesse White's office amount to an extra $78,000 a month in salary costs. At a time when pay raises are a distant memory and unpaid leave a reality for many area government workers, Illinois Secretary of State Jesse White has handed out pay hikes exceeding 6% to his entire executive staff. According to payroll data obtained under the Freedom of Information Act by the Better Government Assn., Mr. White in the 12-month period ended May 31 gave 4% and then 2%...
  • Rostenkowski's downfall charted in newly released FBI files

    06/30/2011 8:06:59 PM PDT · by STARWISE · 9 replies
    Per records, powerful congressman offered to quit, then fought allegations ### Mayor Richard M. Daley, right, and U.S. Rep. Dan Rostenkowski attend a news conference together in 1993. Daley praised the longtime congressman after his death last August. ************* The theft of just $7,000 by a stamp clerk in the U.S. House Post Office mushroomed into a federal investigation that brought down one of the most powerful congressmen in the country, the late Daniel Rostenkowski of Chicago, according to records released Thursday by the FBI. The documents reveal that the FBI in 1992 was told by a "reliable source" that...
  • Top Chicago Cop Targets Palin

    06/27/2011 4:26:23 PM PDT · by Kaslin · 75 replies
    IBD Editorials ^ | June 27, 2011 | Staff
    Gun Control: Chicago's new police superintendent blames Alaska's ex-governor for inner-city gun violence and crime, and says gun-rights advocates are racist. Disarming victims doesn't prevent crime, sir. Speaking to the choir, literally, about gun control, Garry McCarthy, former police chief of Newark, N.J., told an audience at St. Sabina Church in the Windy City about leaving a homicide scene in Newark, returning home and flipping on the TV to find an episode of "Sarah Palin's Alaska." "She was caribou hunting and talking about the right to bear arms," McCarthy said. "Why wasn't she at the crime scene with me?" We...
  • Emanuel police chief blasts NRA, Palin on 'government-sponsored racism' (Chicago)

    06/23/2011 5:38:09 PM PDT · by Bigtigermike · 35 replies
    Polutico ^ | Thursday June 23, 2011 | Ben Smith
    Chicago Police Chief Garry McCarthy told parishoners at Saint Sabina Church earlier this month that the easy availability of guns in the United States is the extension of a tradition of "government-sponsored racism" that began with slavery and Jim Crow. McCarthy -— like many urban police officials an advocate of strict gun control -- was speaking at a liberal, activist church whose priest, Father Michael Pfleger, drew national attention for mocking Hillary Clinton in 2008. "This is sensitive. You know, because everybody’s afraid of race. Have you noticed that? Everybody’s afraid of race," McCarthy, a former New York and Newark...
  • Chronicle will not be pool reporter for Michelle Obama visit : Politics Blog

    06/13/2011 11:28:37 PM PDT · by thecodont · 9 replies
    San Francisco Chronicle / ^ | June 13 2011 at 04:10 PM | Joe Garofoli, Chronicle Staff Writer
    Remember a couple of weeks ago when The White House got ticked off at Comrade Marinucci for posting video of activists protesting President Obama inside a San Francisco fundraiser? To Team Obama she was violating an unwritten rule on a print reporters posting video and they threatened to exclude The Chronicle from being the pool reporter in the future. To other sentient beings, Comrade Marinucci was -- and pardon the technical term here -- "reporting the news." News that MANY other non-journalists who were there at the fundraiser were recording with various camera phones. And she was perfectly within her...
  • Where Are The Obama Scandals?

    05/27/2011 1:19:29 PM PDT · by penelopesire · 67 replies
    Rasmussen Reports ^ | Friday, May 27, 2011 | Brendan Nyhan
    "One of the least remarked upon aspects of the Obama presidency has been the lack of scandals. Since Watergate, presidential and executive branch scandal has been an inescapable feature of the American presidency, but the current administration has not yet suffered a major scandal, which I define as a widespread elite perception of wrongdoing. What happened, and what are the odds that the administration's streak will continue?"
  • We've Gone from a Nation of Laws to a Nation of Powerful Men Making Laws in Secret

    05/27/2011 9:52:39 AM PDT · by Nachum · 2 replies
    zero hedge ^ | 5/27/11 | George Washington
    Preface: Some defendants are no longer allowed to see the "secret evidence" which the government is using against them. See this and this. The U.S. Supreme Court has ruled that judges can throw out cases because they don't like or believe the plaintiff ... even before anyone has had the chance to conduct discovery to prove their case. In other words, judges' secret biases can be the basis for denying people their day in court, without even having to examine the facts. Claims of national security are being used to keep the shenanigans of the biggest banks an corporations secret,...