ScribbleLive test
Thursday, Nov 17, 2011 - Posted by Rich Miller
* We’ve had so much success with the ScribbleLive software that I think I’m going to post a live feed every day. Yes, we have news feeds on the right hand column, but these selected feeds are instantaneous, so you can literally watch the day go by as it happens by simply watching this post. BlackBerry users click here, iPad and iPhone users remember to use the “two-finger” scrolling method…
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Three Strikes Is Too Many; SEVEN TIMES Is Too Much
Thursday, Nov 17, 2011 - Posted by Advertising Department
[The following is a paid advertisement.]
Three different times, the Illinois legislature has rejected a proposal put forward by out-of-state energy company Tenaska to build the Taylorville Energy Center. This “clean coal” plant would leave Illinois families, businesses and government agencies paying up to SEVEN TIMES today’s market price for electricity.
When the legislature meets November 29, Tenaska will try once again to get Illinois consumers to foot the bill for their coal plant, which Illinois doesn’t need.
Please take a moment now to contact your legislator and let them know you oppose the Taylorville Energy Center. Here are the facts:
• The Taylorville Energy Center would cost Illinois electricity consumers $286 million per year.
• Illinois businesses and industry would bear the risks and absorb most cost overruns, making it harder to create jobs.
• Tenaska wants Illinois consumers to pay even if the Taylorville Energy Center never produces more than a single megawatt of power.
• The plant would add only two-tenths of one percent to the overall amount of power generation capacity available to Illinois
Your voice matters in stopping this legislation. Thanks for letting your legislator know that you oppose the Taylorville Energy Center.
Visit www.STOPCoalition.com to learn more.
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Rep. May: No more free parking for disabled
Thursday, Nov 17, 2011 - Posted by Rich Miller
* Rightly or wrongly, lots of senior citizens have disabled placards in their cars. Taking away their freebie ain’t gonna be easy…
Hundreds of thousands of disabled people who have been able to park for free at metered spots throughout Chicago and the rest of Illinois would feed meters like everybody else under a proposal being drafted by a state lawmaker.
State Rep. Karen May (D-Highland Park) announced her idea on Wednesday — the same day Chicago Mayor Rahm Emanuel introduced a city ordinance to crack down on the growing number of able-bodied people who are illegally using disabled-parking placards to avoid paying the city’s escalating meter fees, set to rise to $5.75 an hour in the Loop in 2012 and to $6.50 in 2013.
State law long has allowed disabled people to park free all day in metered spots — a benefit that dates back to when public transportation wasn’t handicapped-accessible and meters had to be fed with coin after coin.
But a Chicago Sun-Times investigation published this week found that — with one disabled-parking placard in circulation for every 13 passenger vehicles throughout Cook County — the system is widely abused in Chicago. The number of parking tickets and court cases involving placard abuse has increased dramatically, the newspaper found, with people using relatives’ placards, fake placards and even stolen placards to park for free. […]
“There’s a disconnect. Just because you’re handicapped doesn’t mean you should park for free. You should be able to park close,” said May, who expects to have a bill ready by early next year. “I think we will be creative in finding a provision that protects the disabled community and cracks down on the people who are abusing.
“It’s an affront to the disabled community that all these people are abusing it.”
Abuse is certainly a problem, but the “disabled community” might also be affronted when they can’t park for free.
Thoughts?
…Adding… Dan Johnson in comments makes a very valid point…
I think Rep May is right, but unfortunately, all the parking meter money will go to Morgan Stanley. They must have anticipated when they paid the city $1.2B for the revenue over the next 75 years that they would not be getting any revenue from the disabled. To change the law now would be a windfall for Morgan Stanley and should require, at least, a corresponding cut in the parking meter rates to offset that windfall.
Handing more boatloads of money to Morgan Stanley won’t be a great vote for anybody.
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Unsolicited advice
Thursday, Nov 17, 2011 - Posted by Rich Miller
* From yesterday…
Officials with the state treasurer’s office say they’re taking steps to make sure no problems result from an error on a mailing to 36,000 people who participate in Illinois’ Bright Directions college savings program.
The Bright Directions account holders received a quarterly newsletter with their Social Security numbers printed on the outside.
Officials say the mistake was made by the bank that keeps records for the program.
* From Illinois State Treasurer Dan Rutherford’s Twitter feed for the past few days…
Having lunch in St. Charles at Salerno’s Restaurant on the Fox River.
Pictured With Carpentersville Village President Ed Ritter today at our #cashdash event. pic.twitter.com/PbNlqUJ5
With Algonquin Village Trustee Debby Sosine at #cashdash this morning. pic.twitter.com/gI8mq7Pr
Pictured speaking at Carpentersville #CashDash this morning. pic.twitter.com/qfdjwEGC
triblocal.com/lake-zurich/co… Illinois Treasurer Dan Rutherford Completes Successful Cash Dash Event in Lake Zurich
Illinois Treasurer Dan Rutherford Completes Successful Cash Dash Event in Crystal Lake triblocal.com/crystal-lake/c…
Join me tomorrow, Thursday, Nov 17, at 6:05am when I am live on @WGNradio 720. I’ll be speaking with Bill Moller. Hope you can tune in.
I hope you get a chance to come out Thurs, Nov 17, to see if the state has any of your unclaimed property. #cashdash
Thursday, Nov 17, we will have our last stop in St. Charles at City Hall (2 E. Main St). Ill be there from 1:30-2 with #cashdash from 1-3pm
Thursday, Nov 17, the next stop is Elgin. I’ll be at the Centre of Elgin (100 Symphony Way) from 11:30-12pm and our #CashDash is 11am-1pm.
On Thursday, Nov 17, I’ll be at the Carpentersville Village Hall (1200 LW Besigner Rd) from 10:30-11 and #cashdash will last from 10-12pm.
Thursday, Nov 17, I’ll begin in Algonquin at 2200 Harnish Dr and will be there at 9:30-10am. The #cashdash event is from 9-11.
At Crystal lake #CashDash with Mayor Shepley, Nick Kachiroubas City Clerk, State Rep Mike Tryon, and Gary Di Renzo. pic.twitter.com/bIdcKoe7
triblocal.com/round-lake/com… Illinois Treasurer Dan Rutherford Completes Successful Cash Dash Event in Round Lake
21 hours ago Favorite Retweet Reply
Pictured with Mayor Suzanne Branding and Police Chief Patrick Finlon of Lake Zurich at our #cashdash pic.twitter.com/Dwne3XHE
With Mayor Mark Knigge of Wauconda at our #cashdash event. pic.twitter.com/TgsVd5w1
Addressing Wauconda residents at our #cashdash event. pic.twitter.com/DNp7LRfO
triblocal.com/grayslake/comm… Illinois Treasurer Dan Rutherford Completes Successful Cash Dash Event in Grayslake
Pictured with Round Lake President Jim Deetz and Trustee Sonya Sandoval. pic.twitter.com/xB7tNwAz
Pictured with Rep. Sandy Cole at the Grayslake #cashdash today. pic.twitter.com/VuXzrB6x
At Grayslake #cashdash w/Mayor Taylor, Rep Sandy Cole, Chief McCutcheon, and village trustees Worfel and Waldenstrom.
In Libertyville at #cashdash with mayor Terry Weppler and township supervisor Kathleen O’Connor . pic.twitter.com/7k30Ahti
Pictures with Libertyville Mayor Terry Weppler at #cashdash this morning. pic.twitter.com/M9TSAHWf
The last stop #cashdash stop Wednesday is Crystal Lake City Hall (100 W Woodstock St) from 2:30-4:30pm. I’ll be there from 3:30-4.
Wednesday I’ll be at Lake Zurich City Hall (70 E Main) for #cashdash from 2:20-2:50pm and the event runs from 2-4pm. Hope you can join us.
Wednesday I’ll also be in Wauconda at Village Hall (101 N Main St). #CashDash is from 1-3pm and I’ll be there from 1:30-2pm.
Wednesday I’ll be in Round Lake for #cashdash from 11:30-12 and the event will be from 10:30-12:30pm. We will be at 751 W Townline Rd.
Wednesday I’ll be in Grayslake for #cashdash at the Village Hall (10 S. Seymour) from 10:30-11am. The event is from 10am-12pm.
Wednesday I will be doing a #cashdash tour. First stop is Libertyville, @ Village Hall (118 W Cook) from 9-11 & I’ll be there from 9:30-10.
Donna Schaefer, McHenry township supervisor, contributed a box of paperclips at my #smartmoney Seminar today. pic.twitter.com/YsbfSrkn
Chicago Office work before going to McHenry Township in Johnsburg for our Smart Money & IL Funds Seminars.
Im at the Illinois Funds Symposium in Johnsburg this afternoon. pic.twitter.com/GE1LeLqn
Afternoon office discussing reorg of staff to be better customer service.
morn jog at fitness center, City Club of Chicago to hear friend & President of Chicago FOB Mike Shields; he did a very good job
algonquin.patch.com/articles/state… State Treasurer Encourages Algonquin Residents to Collect Unclaimed Property, Money Next Week
In Pilsen, Chicago at my Smart Money Seminar. Enjoyed speaking to the group. #smartmoney pic.twitter.com/SmmNKy3T
Last week’s schedule was much the same.
* Constitutional officers don’t have to sit in their offices all day. I totally get that they should be out there with the public. But that Social Security screwup isn’t the only problem Rutherford’s office has had in the past few months.
I’m no management expert by any means. I can barely manage myself, if that. But perhaps a little less travel and a little more hands-on management is in order here.
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*** UPDATED x1 *** Redistricting hearing begins
Thursday, Nov 17, 2011 - Posted by Rich Miller
*** UPDATE *** Congressman John Shimkus testified at today’s hearing…
Shimkus testified that U.S. Rep. Jerry Costello, a 23-year Democratic congressman from a neighboring southern Illinois district, came to him in early spring of this year to attempt to negotiate a bipartisan congressional map. The two later met one-on-one in Shimkus’ hometown of Collinsville, where Costello, of nearby Belleville, presented rough maps to the Republican.
Shimkus said subsequent attempts to get more detailed information about the boundary lines failed and no further negotiations ensued. “You can’t negotiate when you don’t know the lines,” Shimkus said.
Asked about his relationship with Costello, who had been the state’s longest-serving congressman, Shimkus choked up with emotion and said, “He’s retiring. He’s a close friend and confidante. I’m proud to call him my friend.” Costello announced last month he would be stepping down from Congress.
Asked about the map’s effects on his political career, Shimkus testified that the new Democrat map was “egregious” and “terrible” and would split his hometown of 22,000 people into three congressional districts after he and Costello had represented Collinsville jointly for the past 20 years.
[ *** End Of Update *** ]
* The hearing starts today…
Illinois Republicans will get their day in court over the state’s new Democrat-drawn congressional remap.
A Thursday hearing is scheduled on the long-shot legal challenge filed by GOP members of Congress over the map that tries to erase some of their recent gains.
Illinois Democrats dominated the map-making because they control the General Assembly and the governor’s office. The new map drew Republicans out of their districts and lumped incumbent GOP members together or threw them into Democrat-friendly territory.
* The Republicans’ argument is summed up here in their motion for a permanent injunction…
Plaintiffs have alleged that the 2011 Map (the “Adopted Plan”) violates the U.S. Constitution and the Voting Rights Act in three ways: it unconstitutionally creates a racially gerrymandered district; it intentionally dilutes the votes of Latinos; and it unconstitutionally discriminates against Republican voters. […]
While it may be true that Latino Democrats in the Illinois state legislature voted in favor of the Adopted Plan and Latino community groups have remained on the sidelines in this case, the Adopted Plan unlawfully discriminates against Latinos. The record overwhelmingly establishes that the Adopted Plan violates the Equal Protection Clause because race was the predominant factor motivating the shape of Adopted District 4 and the gerrymandered district is not narrowly tailored to comply with any compelling interest.
The record also makes clear that the Adopted Plan intentionally and unlawfully dilutes the votes of Latinos by packing Latinos into District 4, while it reduces the Latino population in neighboring Districts 3 and 5 to arrest the growing Latino community’s influence over contests in those districts.
And while political considerations often properly inform the redistricting process, the Adopted Plan takes partisan gerrymandering to an unconstitutional extreme. The Democratic-controlled Illinois government worked hand-in-hand with the Democratic Congressional Campaign Committee to draw a map that discriminates against and penalizes Republican voters based on their political affiliations and expression of political views. Under any reliable standardfor measuring the constitutionality of political gerrymanders, including the one that Plaintiffs have proposed in their Amended Complaint, the Adopted Plan violates the Constitution.
* The Republicans claim that Democrats created “an excessive supermajority of Latinos” in the newly created District 4 (65.9 percent Latino voting age population) while they “substantially reduced the Latino VAP in neighboring Districts 3 and 5 from where it currently stands.” Here are the districts in question…
The Republican argument is that if the Democrats had spread out the Latino vote and not “packed” so many into the 4th, the Dems could’ve created another Latino district.
* Greg Hinz…
Just about no one in politics that I know believes [the political gerrymandering] challenge will get anywhere. Gerrymandering, like it or not, is a fact of life.
But the Hispanic argument has more heft because the Democrats carved out three majority African-American districts, even though the 2010 census found that Illinois actually has more Latinos.
The Dems counter that the Latino population is much more dispersed and that creating two Latino districts would dilute them so much that incumbent Rep. Luis Gutierrez, D-Chicago, would be endangered. Republicans dispute that, but the map they’re offering would create districts that are only 53% and 48% Latino of the “voting age” population.
Democrats are concerned that while the panel has one Democratic-appointed judge, it also includes two who were chosen for the bench by former President Ronald Reagan. Both have been brought in to hear the case from Indiana.
Congressman Gutierrez was the primary motivating factor for creating just one new district. Some believe he wants to be the only and only king of Latino politics here, some say he’s right that Latinos are too spread out to “safely” create a new district that guarantees two Latinos will be elected. A 53 percent Latino district could conceivably put Gutierrez in some political danger.
But Gutierrez was also able to prevent any major Latino organizations from supporting the Republican lawsuit, which has surely hurt the Republican case.
Then again, a two-to-one Indiana Republican majority on the judicial panel is giving the Democrats heartburn.
Discuss.
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Question of the day
Thursday, Nov 17, 2011 - Posted by Rich Miller
* During a House Revenue Committee hearing last week, CME Group Executive Chairman Terry Duffy said “people follow jobs,” and pointed to Texas as an example where people are moving in droves to find work. Duffy made the comment to explain the dangers of treating businesses poorly.
Gov. Pat Quinn has said time and time again that businesses tend to locate where they can find educated, trained people.
Both are probably right to an extent.
* The Question: Who is more right, Duffy or Quinn? Take the poll and then explain your answer in comments, please.
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* Not all state concealed carry laws are equal. Click the pic for a larger image…
* The reason I bring this up…
The House gave gun rights advocates their first legislative win of the year in a move that some saw as a Republican reversal on protecting states’ rights: approval of a federal regulation that would require states that issue concealed-weapons permits to honor such permits from other states.
The GOP-led chamber approved the National Right-to-Carry Reciprocity Act of 2011, intended to allow gun owners to travel more easily from state to state without worrying about whether their concealed carry permit was valid.
The measure passed, 272-154, with 43 Democrats crossing party lines to support it.
The legislation is not expected to be taken up by the Democratic-led Senate. A similar measure failed in the Senate in 2009, although it won support from 20 Democrats.
This bill would mean people living “constitutional carry” states, which have no restrictions at all on concealed carry, could carry concealed weapons in Illinois, and Illinois couldn’t do anything about it. According to Todd Vandermyde with the NRA, the bill would not effect Illinois.
* Joe Walsh…
“Today’s vote brings us one step closer to making Illinois a right-to-carry state and allowing Americans to exercise their Second Amendment rights across state lines. Currently, Illinois is the only state in this nation that denies its citizens the right to keep and bear arms. The vote today shows just how archaic Illinois’ gun laws have become and how important it is that they be repealed.
“I have been on the frontlines of the Second Amendment debate since I came to Congress in January. In a recent back-and-forth debate that I have had with the Brady Campaign, I have defended the Second Amendment stressing the importance of gun rights and how they are being disregarded, especially in Illinois.
“I am pleased with the outcome of today’s vote and will always be an outspoken advocate for Second Amendment rights and particularly, a repeal of Illinois laws preventing the right-to-carry.”
* Randy Hultgren…
Today’s vote is a victory for gun-owning, law-abiding citizens nationwide,” said Hultgren. “The passage of H.R. 822 means that a concealed carry license, like a driver’s license, must be recognized by other states. This commonsense bill ensures that a law-abiding citizen’s Second Amendment right to self-defense does not stop at their state line, and I was proud to support its passage.”
“NRA has made the National Right-to-Carry Reciprocity Act a priority because it enhances the fundamental right to self-defense guaranteed to all law-abiding people,” said Chris W. Cox, executive director of NRA’s Institute for Legislative Action. “People are not immune from crime when they cross state lines. That is why it is vital for them to be able to defend themselves and their loved ones should the need arise. And today, thanks to the work of Randy Hultgren, Congress has moved one step closer to advance crucial self-defense laws in this country.”
Thoughts?
(And I do mean “thoughts.” Do your very best to avoid bumper sticker slogans and talking points. A lifetime banishment is something you don’t want.)
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Speaker Madigan fights back
Thursday, Nov 17, 2011 - Posted by Rich Miller
* House Speaker Michael Madigan was in Rockford yesterday and answered questions about a recent Crain’s story alleging that his actions caused McPier to lose out on as much as a half billion dollars in savings by refusing to approve debt refinancing…
Madigan said he refused to deal with [McPier Executive Director Juan Ochoa] because he would not have any part in aiding corruption in the Blagojevich administration. Blagojevich was impeached by the House and convicted in the Senate Jan. 30, 2009. The ex-governor has since been convicted twice on federal corruption charges and awaits sentencing by Judge James Zagel.
“I say that story was peddled to Crain’s by Juan Ochoa, a direct appointment and direct agent of a twice-convicted felon, Rod Blagojevich,” Madigan said in the interview, which took place after a ceremony in Rockford marking the 10th anniversary of the E.J. “Zeke” Giorgi Legal Clinic. Giorgi, a 29 year state representative from Rockford who died in 1993, was a mentor to Madigan after the Chicagoan was elected to the House in 1970. The two became close friends.
Ochoa, Madigan said, “was part and parcel of the Blagojevich operation, he took orders from the governor’s office, and I was not about to approve issuance of that debt, whether it was the selection of bond counsel, the bond underwriters, which all would have been part and parcel of the Blagojevich fundraising operation, which is the reason Blagojevich is a twice-convicted felon.”
Madigan handed Register Star Senior Editor Chuck Sweeny a copy of a 2007 document, which he described as ” a proposed memorandum of understanding between Ochoa and John Filan, who was Blagojevich’s budget director.
“Ochoa will say he never signed it. Let’s assume that was correct, and he didn’t sign it. But this speaks to the intent of the Blagojevich administration relative to McCormick Place and what they would have done had they been able to issue that debt,” Madigan said.
Discuss.
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Today’s Number: $850 million
Thursday, Nov 17, 2011 - Posted by Rich Miller
* The tax cut package is just way outta hand…
Discussions of tax breaks began when CME Group, which owns the Chicago Mercantile Exchange, said the exchange might leave Illinois unless it gets relief from corporate income taxes. Sears Holding Corp. also wants concessions keep its operations in Hoffman Estates.
After that, tax breaks to benefit other companies were added to the mix, including extension of research and development credits, raising the exemption for estate taxes, and reinstating another business tax credit that had been eliminated when the state raised the income tax.
Gov. Pat Quinn insisted that individuals also share in the package, proposing an increase in the earned income tax credit for low-income wage earners.
Eliminating bonus depreciation would help pay for the package the first two years, but in the third year the cost is estimated at almost $800 million to $850 million. [Emphasis added.]
* Wishful thinking…
At the same time, the provisions would cost more and more. By 2014, the state would face $848 million in lost tax revenue, a number that would only grow.
But that’s assuming no significant jobs are added or businesses expanded, the opposite of the intent of the package, state Rep. Ed Sullivan, R-Mundelein, said at a joint Illinois Senate and House Revenue Committee hearing Wednesday.
“If we’re stagnant, and don’t succeed, then we’re looking at that. But we’re anticipating this creating an economic climate to spur growth,” Sullivan said.
* Meanwhile, CME Group’s competitors are now lobbying against its tax cut…
A trio of competitors to derivatives exchange CME Group Inc. (CME) joined forces Wednesday to persuade Illinois lawmakers to block proposed tax breaks intended to prevent CME from leaving Illinois.
Other exchanges would be hamstrung by the bill that would tax CME and options exchange CBOE Holdings Inc. (CBOE) for 27.54% of all electronic transactions, said David Kupiec, a lobbyist who testified before the Illinois House Revenue and Finance Committee.
Kupiec represented Atlanta-based IntercontinentalExchange Inc. (ICE) and New York-headquartered NYSE Euronext (NYX), and Nasdaq OMX Group Inc. (NDAQ).
Currently, the Chicago-based exchanges pay taxes on all electronic trades, which account for about 85% of all business at CME.
The legislature is “picking winners and losers” among competing businesses if the measure is adopted, said Kupiec.
Kupiec described the 27.54% tax apportionment as an arbitrary figure. State officials said the tax figure came from U.S. census data estimating how much of the exchanges’ electronic trades are based in Illinois. Exchanges should be given the chance to opt out of the new taxing method, Kupiec contended.
More testimony is expected Friday from CME’s competitors.
* Related…
* Deal near to keep Sears in Illinois: The three sides, in Springfield for a legislative hearing, met for two hours in the office of House Speaker Michael Madigan and unexpectedly came away with the framework for a deal that would extend a tax break for Sears but for a shorter time period. Sears would give up some tax relief, allowing cash-strapped Community Unit School District 300 to get about $34 million more over a decade… A key lawmaker on state tax policy said one of the biggest challenges to putting together a major tax package that would help Sears and CME Group is figuring out how to pay for it.
* Illinois tax plan upsets small businesses: In testimony at the Capitol Wednesday, several small business owners said the General Assembly’s consideration of a tax bailout plan for the CME Group Inc., which owns the venerable Chicago Mercantile Exchange, needs to be scrapped or at least delayed until next year.
* Sears tax deal before lawmakers again
* CME Knew of MF Global Fund Shortfall Before CFTC Regulators
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