Capitol Fax.com - Your Illinois News Radar » 2014 » November
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Reader comments closed until Monday

Wednesday, Nov 26, 2014

* Happy Thanksgiving, everybody! I’m officially outta here

- Posted by Rich Miller   Comments Off      


TrackBill update

Wednesday, Nov 26, 2014

[The following is a paid advertisement.]

I checked in today with the crew over at TrackBill, and they told me they’re getting some new Illinois subscribers through our referral arrangement. For this, I thank you.

Now, you know I wouldn’t endorse a product if I didn’t believe in it, and I can tell you this TrackBill is the real deal. Once you subscribe to the service, your legislative tracking life will definitely get easier. Among the many features, they send immediate updates to your email or phone when legislation you’re tracking moves. Oh, and need to attend a hearing? TrackBill will let you know as soon as the time or location changes.

You can also set it up to alert you when a bill you should know about is introduced or amended. They call this feature “keyword alerts,” others call it “job security.”

So, if you want to take a closer look, click here to sign up for a demo or click the banner ad to the right. If you like what you see and buy a subscription, then yours truly gets a small taste. Thanks!

- Posted by Advertising Department   Comments Off      


Caption contest!

Wednesday, Nov 26, 2014

* Man, there’s hardly any news at all today. I’ll be shutting the blog down early today, so comment early because you won’t wanna miss your chance to say “Happy 65th birthday, Rep. Lou Lang!” via our caption contest. From Lou’s Facebook page…

- Posted by Rich Miller   38 Comments      


It’s worse than we thought

Wednesday, Nov 26, 2014

* Sneed writes about the Executive Mansion and curator Dave Bourland

Back in 2010, Bourland complained that the mansion was “duct tape and bailing wire. There’s been no major fixes since 1970, and it really started to fall apart in 1999.

“Any time something breaks, I have to request money from the Capital Development Board, which has to authorize an emergency repair. Anything that runs — if it does run — needs to be replaced. Plumbing, heating, air conditioning . . . anything mechanical,” Bourland said back then.

◆ Translation: It was also never politic to spend money on the executive residence when the state had bills to pay.

“Transition is always difficult and the mansion still needs a new roof and the elevator is not working, so the new first family will have to climb the tall, winding mansion staircase to get to their private enclave,” Bourland added.

Oy.

- Posted by Rich Miller   56 Comments      


Question of the day

Wednesday, Nov 26, 2014

* Your reason(s) to be thankful this year? Explain.

- Posted by Rich Miller   50 Comments      


Long-term debt is not short-term debt

Wednesday, Nov 26, 2014

* Math is, indeed, simple

It’s simple math.

With more money going to pensions, less will be available for wages and other benefits.

Of course, the Illinois Supreme Court could rule that the crisis is so extreme that the state’s emergency powers allow it to reshape pensions on their own.

Just how severe is the crisis? If all of state government were to shut down and its entire operating budget were diverted to fund pensions, Illinois pensions still be would in the hole three years from now.

Now, that’s a crisis.

The $110 billion in unfunded liability is long-term debt. It can be paid off over time because everybody isn’t gonna retire all at once.

* So, to put it in simpler terms, if you think of that liability as a 30-year home mortgage, you can see that it’s not an existential crisis with current revenues in place. Most people who have mortgages couldn’t pay them off in three years if they diverted all their income to just their homes. It’s why they take out loans in the first place.

And nobody has a mortgage which reinvests what’s being paid every month to help pay off the balance. That gives the state an advantage.

We’re just about at the top of the Edgar ramp. Payments will rise another $800 million or so next fiscal year and then essentially even out as a percentage of revenues. It can be managed, but the budget will be very tight for a very, very long time.

* The bigger problem is with our revenues, which start to collapse at the end of this year. If you buy the nicest house you can afford while earning $100,000 a year and your income suddenly drops by $25K, then that mortgage becomes far less affordable.

So, that’s really what this debate is about. People are trying to find a way to cut pension payments so they can cut the income tax rate. If they can’t do that, then other programs will have to be slashed or other taxes raised so the income tax rate can be lowered. There are no easy solutions.

A homeowner in the same situation could go out and find another part-time job, cut way back on expenses, or even sell the house. That last option probably isn’t available to the state.

- Posted by Rich Miller   58 Comments      


Today’s quotable

Wednesday, Nov 26, 2014

* Tribune

Speaking to the nation Monday night, Obama sounded more hopeful than convinced about the lessons to be drawn from Ferguson’s pain.

“We have made enormous progress in race relations over the course of the past several decades. I’ve witnessed that in my own life. And to deny that progress I think is to deny America’s capacity for change,” he said.

“But what is also true is that there are still problems, and communities of color aren’t just making these problems up.”

We believe that too.

As do I.

- Posted by Rich Miller   84 Comments      


« NEWER POSTS PREVIOUS POSTS »
* Feds OK safety net hospital plan
* Motion to place SIU's Dunn on leave fails
* On teacher salaries, Rauner says answer is mandate relief
* Yingling launches targeted cable ad buy for Lake County Assessor bill
* Poll: Pritzker leads Rauner by nine points
* Our sorry state
* *** UPDATED 4x *** Illinois to benefit from Supreme Court ruling in online sales tax case
* Rate the Ad: Pritzker's "Silent Partner"
* *** UPDATED 1x - Pritzker responds *** Rauner up with "Pritzker Plumbing" billboards
* They're here
* *** LIVE COVERAGE ***
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............
<


Loading


* Melania's Jacket Causes A Stir..
* Juliana Stratton: Black community wants more th.....
* Thumbs Up: To Illiopolis boy for helping shephe.....
* Rauner says higher education need 'signific.....
* Rauner signs bill to extend uptown TIF district..
* Rauner's Jab At Pritzker Centers Around Plu.....
* The Mincing Rascals 06.21.19: Separating famili.....
* The Mincing Rascals 06.21.19: Separating famili.....
* Rauner Tours ISU's Fine Arts Complex, Signs.....
* Governor Rauner approves Uptown Normal TIF Dist.....


* Pace buses to advertise Illinois Baby Safe Haven lawn
* Protest marches no longer need famous face to rally crowds
* Today's protests: Many voices, social media, not 1 leader
* Renee Fleming to give commencement address at Northwestern
* SUV fleeing Chicago police hits taxi, killing passenger
* Judge to rule whether to free on bond killer of 2 officers
* Father of slain teen testifies in wrongful death lawsuit
* 3 men face hate crimes charges in Minnesota mosque bombing
* Demolition begins at Star Plaza Theatre in Merrillville
* Deadlocked vote prevents suspension of SIU president

* Illinois stands to gain from Supreme Court decision
* Records: Mansion used in Rauner's 'Porcelain Prince' ad got its own tax reduction
* Illinois politicians seek answers to family separations at border
* 80+ years later, Meredosia woman sees the opening of another new bridge
* Chatham man wins Illinois Bicentennial coin design contest
* Rauner to consider allowing medical cannabis for opioid patients
* Bipartisan work yields gun bills, fate rests with Rauner
* Rauner names Justin Blandford curator of Governor's Mansion
* Rauner names Williamsville woman interim HFS director

* Fight Russian hackers with American hackers, Chicago congressman says
* How Illinois is already spending that Supreme Court web tax windfall
* Amazon, JPMorgan and Berkshire crown Gawande: Does he have the business chops?
* Does Atul Gawande have the chops to lead Buffett-Dimon-Bezos health venture?
* Auditorium Theatre's CEO departing post


* Attempted child abduction reported in Gresham
* Man, 49, shot in Chatham
* 1 killed, 7 wounded Thursday in city shootings
* Man shot, robbed in East Garfield Park
* Man, 26, shot near Humboldt Park
* Man walks into hospital with gunshot wound on NW Side
* Man gets 55 years for role in 2014 killing of Bensenville store owner
* Dear Abby: Neighbor drops by uninvited, acts rude
* Horoscope for June 22, 2018
* Reds beat Cubs, Kyle Hendricks on walks, slam in big sixth inning


* LINDA C. BLACK HOROSCOPES for 6/22/18
* 7 shot Thursday, including 4 in West Englewood attack
* Ichi-who? Suzuki sits on M's bench in fake mustache disguise
* Asian stocks down as multiple trade disputes worry investors
* Stevenson's Jalen Brunson goes to Mavericks at No. 33 overall in NBA draft
* Bulls tout versatility of first-round picks Wendell Carter Jr. and Chandler Hutchison
* Wendell Carter Jr. well-suited for Bulls in ‘Black Panther’-inspired attire at NBA draft
* Jevon Carter, Jalen Brunson taken back to back in second round of NBA draft
* Confusion mounts at the border; Trump official says hundreds of families reunited since May
* Haley: 'It is patently ridiculous for the United Nations to examine poverty in America'


» Illinois Poised To Gain From Supreme Court Tax Ruling; Already Ahead Of Other States
» June 21, 2018 - Full Show
» City Colleges Wants To Place Half Its Graduates In Real-World Work Experiences
» Illinois Responds To Family Separation Policy; 11-Year-Old Cancer Survivor Gavin Waterman
» What Happens When You Age Out Of Foster Care In Illinois
» Fields Of Green: Illinois Considers Industrial Hemp
» Chicago Mayor Pitches Affordable Housing Plan For Priciest Neighborhoods
» June 20, 2018 - Full Show
» Lawmakers Hear Firsthand Accounts Of Sexual Abuse By CPS Staff
» Gov. Rauner Open To Changes So Disabled Prisoners Get Released On Time


* Point: Obamacare's constitutionality ends when its tax ends
* Counterpoint: Injustice reigns as Trump's Justice Department attacks Obamacare
* Juliana Stratton: Black community wants more than just proclamations from leaders
* Thumbs Up: To Illiopolis boy for helping shepherd bill through the Statehouse
* Illinois stands to gain from Supreme Court decision
* Records: Mansion used in Rauner's 'Porcelain Prince' ad got its own tax reduction
* Our View: A welcome start at cleaning House
* Our View: White Oaks Mall smart to diversify offerings
* Guest View: Addressing the higher cost of compliance with our ADA consent decree
* MArc Thiessen: But her emails? You're dang right her emails.


* Youths speak out: More youth programs, fewer guns
* HUD is failing to protect children from lead paint poisoning, audits find
* Area Calendar 6/22/18
* Births for Friday, June 22, 2018
* Robert W. Lipe
* Karl E. Keller
* Martha Mobley Mulkin
* Darlene Hancock
* David Lee Coleman
* Richard H. 'Dick' Whittenberg


* Thunder take Hall with 53rd pick, Hervey with 57th
* Timberwolves take Georgia Tech G Josh Okogie with 20th pick
* Blazers take guard Anfernee Simons with 24th pick
* Lakers land German big man Moritz Wagner with 1st-round pick
* Lawyer: No apparent justification for fatal shooting of teen

* Some Leaders in Chicago Protest Walmart Af...
* Time for a History Lesson About Gun Control
* Indian Consulate Says Thousands Attend 4th...
* Yoga Day in Millenium Park a historic event
* Shreejidwar Haveli celebrates Patotsav wit...
* ROLLING MEADOWS, Ill. – June 19, 2018 – No...
* Community Groups Demand Justice for Sherry...
* Vaishnav Samaj Of Midwest, Shreejidwar Hav...
* 'Food Desert' Amendment Proposed B...
* Bustos disagrees with Trump immigration or...

* Cdn Natl Railway (CNI) Market Valuation Ro......
* Tri-state lawmakers, business leaders appl......
* Trump wants a single federal food safety a......
* Chicago non-profit sheltering separated im......
* Online sales-tax ruling could mean nearly ......

* Rolling Meadows Post Office Petition 940-S......
* MIL-OSI USA: Duckworth Statement on Trump ......
* Durbin and Duckworth Weigh In on Immigrati......
* The US-North Korea summit was a step towar......
* New Zealand Prime Minister Jacinda Ardern ......

* Poet and rapper Tati wants to help you make your own love potion
* Singer welcomed by America's Got Talent—but not the CTA
* Soft Opening For Hong Ngu On Argyle
* Have any events to share with us?
* No more cries of “Jerry Jerry” echoing from our TV screens (except in reruns)
* Five masters of stop-motion animation
* Study: People Remember Information Better Through VR
* What do online students want
* Free MOOCs Face the Music
* New Tech Makes Mixed Reality More Interactive


* Chairman Fratianni selected for national workers' comp leadership role
* Unemployment Rate Continues Falling in All Metro Areas

  
* How to Stop WhatsApp Auto-Saving Images and Video to Your iPhone's Camera Roll
* Microsoft matches Google Lens with AI-powered visual search for Bing
* Galaxy S10 may ditch iris scanner for in-display fingerprint and 3D sensor tech
* The Nokia 7 Plus can now be upgraded to Android P beta 2
* Amazon employees protest sale of facial recognition software to police
* 11 fabulous futuristic robots from Automatica 2018
* Asus Zenfone Max Pro M1 with 6GB RAM and 16MP selfie shooter spotted on Flipkart

* White Sox Minor League Update: June 21, 2018
* White Sox Minor League Update: June 21, 2018
* Most Essential White Sox Vote: Round 33
* A's, White Sox kick off series with day-night twinbill
* Most Essential White Sox Vote: Round 33
* A guide to White Sox prospect promotion-palooza
* Rainout for White Sox doesn't mean off-day for prospects


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller