Question of the day
Thursday, Aug 11, 2011 - Posted by Rich Miller * The setup…
* The Question: Should Illinois law allow voluntary electronic driver monitoring programs like State Farm’s? Take the poll and then explain your answer in comments, please.
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More bad news as far as the eye can see
Thursday, Aug 11, 2011 - Posted by Rich Miller * There was no progress yesterday on how to end a crisis deliberately created by Gov. Pat Quinn…
* Progress Illinois sees the possibility of a work stoppage in the regional superintendents’ official statement…
* A possible Republican congressional candidate who is also a regional superintendent tried to put the best face on the crisis…
* Oy…
* ComEd just can’t catch a break in the media, and for good reason…
* Congressman Bobby Rush held a job fair this week for several dozen railroad openings. It was wildly, and sadly, successful…
* Other news…
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Smart Grid Math: Can we afford NOT to modernize the system?
Thursday, Aug 11, 2011 - Posted by Advertising Department The following is a paid advertisement. If SB 1652 is enacted into law and grid modernization proceeds on course, ComEd customers could save $2.8 billion on their electric bills over the 20-year life of the smart meters according to a comprehensive analysis by Black & Veatch, the consultancy charged with evaluating the one-year smart meter pilot approved by the Illinois Commerce Commission. This savings would be over and above any savings customers would see by using smart meters to manage their own energy usage. The jobs and economic development opportunities generated by this investment will provide a much-needed push to our state’s economy. Coupled with new pricing options and opportunities for customers to lower their electricity bills, this legislation will positively benefit every customer in the state. To get the full Black & Veatch study, click here.
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Out of district scholarship recipients could be a very big problem
Thursday, Aug 11, 2011 - Posted by Rich Miller * The Chicago media has been in an uproar this week about how former legislator Bob Molaro gave legislative scholarships to children of a supporter who lived outside his district. But the nonprofit news site ChicagoTalks.org found last year that this was a widespread problem…
* Hat tip to the Chicago Tribune editorial page, which had this to say today…
* As you probably already know, Gov. Pat Quinn used his amendatory veto power on a legislative scholarship bill to eliminate the program…
* Mark Brown has some history in his column today…
* Gov. Quinn said this week that instead of legislative scholarships the state should strengthen the Monetary Award Program. But the state program has its problems as well…
Oy.
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Moody’s warns Illinois
Thursday, Aug 11, 2011 - Posted by Rich Miller * Reuters posted a story late yesterday about a new warning from another ratings agency…
The ratings agency said it doesn’t expect widespread defaults or downgrades of more than a notch. It pointed out that most state and local governments use debt to fund capital projects, which could be put off for a while if access to credit was impaired. However….
Illinois regularly uses short-term notes for cash flow, and the governor’s initial borrowing plan to pay off overdue state bills also included money for operating expenses. That has since been pared back, but the plan has been blocked in the General Assembly. * I asked the governor’s budget office for a response…
Discuss. * Meanwhile…
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