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Question of the day

Wednesday, Jul 2, 2014 - Posted by Rich Miller

* My former intern Barton Lorimor proudly posted a Facebook photo today of his supremely cute baby daughter, Robin…

* An all-in-fun flame war instantly ignited…

* The Question: Is Baby Robin happy to be clothed in Cub garb, or is she wanting a different team’s jumper?

…Adding… Barton’s Twitter react…


Heh.

  33 Comments      


*** UPDATED x1 - Fox blocks Quinn video a second time *** Rate the new Rauner YouTube video - Quinn uses Mr. Burns again

Wednesday, Jul 2, 2014 - Posted by Rich Miller

* Rate “Pat Quinn’s Inner Circle”…

* And this was posted the other day by the Quinn campaign…

* You may recall that the Quinn campaign’s first “Mr. Burns” ad was pulled down by YouTube this past March…

The ad quickly was blocked on YouTube this afternoon with a message that reads “This video contains content from FOX, who has blocked it on copyright grounds.”

“All I can tell you is that FOX doesn’t authorize the use of Simpsons imagery in any political campaign,” said Scott Grogin, spokesman for Fox Networks Group.

The Rauner camp fired back tonight. “Gov. Quinn is running his campaign as poorly as he is running state government,” said Rauner campaign spokesman Mike Schrimpf.

We’ll see what happens with this one. I think it might even be the same ad because it has the exact same misspelled “courtetsy of Fox” tagline on it. I don’t recall ever seeing an e-mail promoting the video. I just went to the governor’s YouTube page and found it.

*** UPDATE *** Unsurprisingly, Fox has stepped in with another copyright complaint and YouTube has pulled Quinn’s video.

  36 Comments      


Two very different shootings

Wednesday, Jul 2, 2014 - Posted by Rich Miller

* A completely preventable near-tragedy…

A 15-year-old boy was accidentally shot in the abdomen [yeserday] morning by his brother in a home near Harvard, authorities said.

The brothers found an unsecured .22 caliber rifle and were playing with it, thinking it was unloaded, according to a news release from the McHenry County Sheriff’s Department.

One juvenile pulled the trigger, shooting his brother in the abdomen, according to the release. The boy was listed in stable condition at Rockford Memorial Hospital, where he was undergoing surgery, the release said. […]

The brothers had been staying there with adults while their parents were out of town, authorities said. The parents of the juveniles have been notified.

* And for the life of me, I just don’t understand this…

A 13-year-old boy was in police custody [yesterday] afternoon for the shooting of three boys, ages 14 and 17, Monday in the Longwood Manor neighborhood on the Far South Side, authorities said.

The victims were standing on a street corner in the 9700 block of South Lowe Avenue when a group of people approached and someone opened fire around 6 p.m. Monday, Police News Affairs Officer Veejay Zala said.

One boy, 17, was shot in the head and armpit and taken to Advocate Christ Medical Center in critical condition, Zala said. Another victim, 14, was taken in critical condition at Little Company of Mary Hospital with gunshot wounds to his chest and arm. Police said the third boy, also 14, was stable at Little Company of Mary with a wound to his right thigh.

13?

…Adding... On a somewhat related note, when Rep. Mike Zalewski introduced legislation earlier this year to increase mandatory penalties for some Chicago gun crimes, it appeared to be a slam dunk. But opposition from African-American and other lawmakers fed up with mandatory minimums stopped the bill dead in its tracks. There’s a growing trend of this push-back around the country, Illinois Public Radio reports…

“There’s an awful lot of information out there,” [Kathy Saltmarsh, head of the Illinois Sentencing Policy Advisory Council] says. “There’s been a pretty ongoing and robust national discussion about our overuse of incarceration, a growing awareness that many of those we incarcerate are there because of addiction or mental health issues. And when you’re imprisoned, the likelihood that you have will that addressed is really pretty small.”

That’s because even though the Department of Corrections consumes more than $1.2 billion dollars a year, its budget is stretched thin. State prisons are also crowded — at more than 150 percent of their rated capacity.

Those are among the factors that have driven sentencing changes across the country. That’s given the movement a perhaps surprising ally: conservatives. The Texas-based group Right on Crime has the support of big name Republicans like former House speaker Newt Gingrich and former Florida governor Jeb Bush.

Right on Crime’s Derek Cohen, a criminologist, says this requires a rethink of what prison is for.

“Prison is for the people we’re scared of, not the people we’re mad at,” Cohen says. “In other words, prison is for the people that need to be incapacitated while they receive rehabilitation or while they receive their punishment.”

Cohen says Right on Crime has found success in Republican-led states, and thus the group hasn’t been active in strongly Democratic Illinois. It seems the Republican reputation for being tough on crime gives them cover when it comes to a less politicized sentencing scheme.

“It’s almost a case of: it took Nixon to go to China, (and) it took Texas to say this needs to stop right now,” Cohen says.

That’s a really fascinating take.

[With apologies to IPR for going beyond Fair Use. But it’s an interesting and important story.]

  16 Comments      


*** UPDATED x1 - Topinka also endorsed by IEA *** IEA endorses Quinn

Wednesday, Jul 2, 2014 - Posted by Rich Miller

*** UPDATE *** Comptroller candidate Sheila Simon is an IEA member, but the IEA wound up endorsing incumbent Republican Judy Baar Topinka.

[ *** End Of Update *** ]

* No surprise, considering its alternative. From a press release…

The Illinois Education Association (IEA), made up of 130,000 teachers, school support professionals and other education employees and retirees, says Quinn is the only candidate for governor who will fight for public schools statewide and work to make sure every student has the resources needed to succeed in school.

The unanimous decision by the IEA Board of Directors to support Gov. Quinn, a Democrat, over Republican challenger Bruce Rauner, came after a panel of IEA members interviewed both candidates.

IEA has supported candidates for governor from both major political parties in the past, recommending Republicans for the office of governor in five of the last nine elections.

* In other endorsement news…

In his bid for governor, Republican Bruce Rauner is announcing all sorts of new coalitions of late including Tuesday’s roll out of the Women for Rauner coalition that includes the wife of his top donor and the running mate of his main primary opponent.

Anne Dias Griffin, the founder and Managing Partner of Aragon Global Management, was listed among the women who are part of the Women for Rauner coalition. On Sunday, the campaign announced a Latino coalition anchored by Rauner running mate Evelyn Sanguinetti. Griffin’s husband, Ken Griffin, is Rauner’s biggest donor, having given more than $3.5 million in cash and in-kind contributions.

Also part of the women coalition is state Rep. Jil Tracy, R-Quincy, who ran against Rauner as Kirk Dillard’s running mate in a bitter primary battle.

Also no surprise. More from Rauner’s list…

Sugar Rautbord – Best-selling novelist, senior writer for Huffington Post, Founder and President of Sugar Rautbord Public Relations Inc.

I have never met Chicago’s leading socialite, but, man, do I ever love her name.

  45 Comments      


Tribune exposes big potential campaign problem for Rauner

Wednesday, Jul 2, 2014 - Posted by Rich Miller

* The Tribune explains how Bruce Rauner manages to pay such a low income tax rate…

Another lucrative source of equity firm revenue is management fees, essentially charges for the service of overseeing investments. Most equity firms levy a 2 percent annual charge on the assets they manage for clients, but Rauner has said the GTCR charge is 1.5 percent.

Service fees charged by most professionals, be they money managers or plumbers, are typically considered regular income and subject to taxation at the top of whatever tax bracket the individual qualifies for under the federal progressive tax system, tax experts said. In Rauner’s case, that was 35 percent through 2012.

At its core, the fee waiver strategy is an accounting maneuver that blurs the line between management fees charged by equity firms like GTCR to manage funds for investors and profits generated by the firms’ investments in the funds they manage.

In short, equity firms technically waive collecting on millions of dollars of management fees they are owed, but that hardly means they forgo the value of those fees. Instead, that gets reflected as a stake in the very investments they manage.

When the investment fund turns a profit, often within months, the equity firm receives the cash value of the waived fees and distributes that among its partners.

Doing so lowered his tax rate from 35 percent to 15 percent. The Tribune says the IRS is revisiting this loophole.

* But here’s what the attack TV ad will almost definitely focus on…

Complicated tax rules related to those business income losses freed Rauner from paying any Social Security or Medicare taxes in 2010 and 2011, despite his reporting healthy earnings in other income categories and listing a combined adjusted gross income for those years of about $55 million.

Uh-oh.

In 2010, Quinn whacked Bill Brady hard for not paying income taxes. This time it’ll be about Social Security and Medicare taxes.

Everything old is new again.

…Adding… A real stretch on the Twitters…


Oh, please. Rauner made a gazillion times more than Quinn and his effective rate was two-tenths of a point higher and that’s burying the lede?

Pardon me while I LOL.

…Adding… From the Quinn campaign…

Following today’s front page Chicago Tribune report that Bruce Rauner “would not be releasing” his complete tax returns for the past three years, Quinn for Illinois Communications Director Brooke Anderson issued the below statement:

“Today we learned that Bruce Rauner again gamed the system to benefit himself while the rest of us play by a different set of rules.

“It took Chicago Tribune investigative reporters and a team of tax experts to unearth that Bruce Rauner, among the richest tax filers in America, has been using tax loopholes to avoid paying any Social Security tax and Medicare tax in 2010 and 2011.

“However, Rauner- who has not yet released any tax information from 2013 nor his complete return from previous years- told the Tribune he wouldn’t be releasing his complete tax returns to the public.

“Even Mitt Romney disclosed his complete tax returns to be transparent with voters.

“What is Bruce Rauner hiding?

“As a candidate for statewide office, Rauner has a duty to disclose his complete tax returns - including schedules -for the last three years, especially 2013.

“To not do so would be a total disservice to the people of Illinois.”

Today’s Tribune story reports that Rauner used elite tax strategies not available to everyday people to shield his wealth from paying his fair share in taxes. These particular tax strategies are under investigation by the IRS.

To date, Rauner hasn’t disclosed his complete tax returns for the last three years. In addition, he has not disclosed any tax information whatsoever for 2013.

  122 Comments      


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