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Afternoon roundup

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* From the Economist in 2019

On January 28th America imposed its toughest sanctions yet on Venezuela’s regime. It froze the American accounts and assets of PDVSA, the national oil monopoly, and said that it will divert the proceeds of further sales into an account that will be accessible only after PDVSA comes under the control of Mr Guaidó or an elected government. This cuts off the regime from its main source of cash. Already it has defaulted on most of its debt and is short of money to buy the loyalty of the armed forces, maintain oil production and import enough to feed 32m Venezuelans. The new sanctions will make all that even harder.

Venezuela thus finds itself part of a trial of strength. A peaceful transition to a democratic, economically literate government could restore normality to what was once one of the region’s richest countries. Equally, the Trump-Guaidó gambit might lead to conflict between armed groups or simply fail, leaving the regime more dominant than ever. In that case, millions more Venezuelans would join the 3m who have already fled, mostly to neighbouring countries such as Colombia. American prestige, wagered on ousting Mr Maduro, would suffer, too. […]

These measures will accelerate Venezuela’s economic collapse. GDP will shrink by 26% this year, bringing the total decline since Mr Maduro took office to 60%, estimates Francisco Rodríguez of Torino Capital, an investment bank. Bond prices suggest that the markets put the odds of Mr Maduro’s ousting at 50-90%.

Mr Guaidó and Mr Trump are betting that hardship will topple the regime before it starves the Venezuelan people.

Didn’t work out so well.

* Speaking of massive messes

At least two Chicago Public Schools security guards — both former Chicago police officers who had been fired by the department — were suspended last month, raising questions about whether the district’s background check system is operating as intended.

One man, who has been working as a security guard at Lane Technical High School since 2021, was terminated in 2019 by the Chicago Police Department following allegations of sexual misconduct involving a minor, records show. He was suspended on Sept. 11.

The other is a Kenwood Academy security guard who the police department ousted in 2012 because of a string of domestic violence incidents, according to CPD disciplinary files. He was also suspended on Sept. 11.

The public school system hired a security guard who was fired by the same city’s police department after “allegations of sexual misconduct”? What could possibly go wrong?

* Congrats!…

Illinois State Treasurer Michael Frerichs has been chosen as the next president of the National Association of State Treasurers, the nation’s foremost authority for responsible state treasury programs and related financial practices, policies and education. Frerichs, who has been serving as NAST senior vice president, was elected president at the organization’s annual business meeting in October.

His term as president begins on Jan. 1, 2024.

“I’m honored to be chosen by my peers as the next leader of NAST, the leading voice for excellence in public finance,” Frerichs said. “I’m also thankful to outgoing NAST President Josh Haeder of South Dakota for his friendship and leadership in the organization. As I move into this new position, I look forward to building on the good work my team and I are doing in Illinois, and I’m excited about continuing to collaborate with state treasurers from across the nation on public finance matters and helping citizens build a better tomorrow.”

Treasurer Haeder added: “I’m honored to pass the gavel to a friend and colleague who understands the importance and necessity of friendship, conversation, and the collaborative environment that makes up the bipartisan framework of NAST. Our offices have worked together over the years to improve the ability of treasurers to return unclaimed property with ideas such as Money Match in Illinois and Cash It in South Dakota.”

Frerichs just completed his term as president of the National Association of State Auditors, Comptrollers and Treasurers (NASACT), a bipartisan organization that brings together state finance officials to address government financial management issues. He was unanimously elected to that post.

* For the bicyclists…

A total of $2,161,000 in grants to help communities develop and improve 13 local bike path projects throughout Illinois was announced today by Governor JB Pritzker. […]

The Illinois Bicycle Path Grant Program is administered by the Illinois Department of Natural Resources. Funding comes from a percentage of the motor vehicle title fees, providing a maximum grant award of $200,000 per project for development projects, with no maximum grant award limit for land acquisition projects.

* ISP…

On October 5, 2023, at approximately 10:02 p.m., Illinois State Police (ISP) officials investigated a two-vehicle traffic crash involving an ISP officer’s squad car that was hit by a motorist who failed to move over on Interstate 94 southbound at King Drive in Cook County.

On the above date and time, an ISP Troop 3 trooper was attempting to make a traffic stop on a stolen black Dodge Charger. The Charger recklessly fled onto the right shoulder and struck the rear of a different ISP officer’s squad car that was stationary with emergency lights activated while on a separate traffic stop. As a result of the crash, the Charger then overturned and three occupants fled on foot, none of which were apprehended. The officer was inside of the squad car at the time of the crash, but refused medical attention.

So far this year, ISP has had 16 Move Over Law-related crashes. In 2022, ISP had 23 Move Over Law-related crashes where eight Troopers sustained injuries. ISP is reminding the public of the requirements of the Move Over Law, otherwise known as “Scott’s Law”. When approaching an emergency vehicle, or any vehicle with their emergency or hazard lights activated, drivers are required to slow down AND move over. A person who violates Scott’s Law, commits a business offense and faces a fine of no less than $250 or more than $10,000 for a first offense. If the violation results in injury to another person, the violator’s driver’s license will be suspended for a mandatory period of anywhere between six months and two years.

* Isabel’s afternoon roundup…

posted by Rich Miller
Friday, Oct 6, 23 @ 2:22 pm

Comments

  1. It is a very American thing to blame the crisis in Venezuela solely on U.S. foreign policy.

    Comment by Three Dimensional Checkers Friday, Oct 6, 23 @ 2:36 pm

  2. ===solely on U.S. foreign policy. ===

    It’s one thing the US can control. Also, who said solely?

    Comment by Rich Miller Friday, Oct 6, 23 @ 2:41 pm

  3. Texas gets most of blame for shipping migrants as it should but I would like to see a little light on others sending people here. Now New York and Denver do it and according to article from elsewhere. I would like to know where and what cities are doing it. Not going to happen but the Feds should step in or at least send money

    Comment by DuPage Saint Friday, Oct 6, 23 @ 2:41 pm

  4. = raising questions about whether the district’s background check system is operating as intended. =

    Pretty clearly it’s not.

    Comment by JoanP Friday, Oct 6, 23 @ 2:47 pm

  5. ===Pretty clearly it’s not===

    lol

    Yep. :)

    Comment by Rich Miller Friday, Oct 6, 23 @ 2:53 pm

  6. === :) ===

    Hey. It worked. I was looking for something else on my site and realized I could enable emoticons.

    Comment by Rich Miller Friday, Oct 6, 23 @ 2:55 pm

  7. That WTTW report about the security guards is absolutely a must read. This was the overhauled system that failed, if I read that right. Also, seeing how long it took to discipline that officer is just frustrating beyond words.

    Additionally, oh yea, I remember that Venezuela strategy now. Oops.

    Comment by Blitz Friday, Oct 6, 23 @ 3:11 pm

  8. The headline is a trifle misleading. Affy Tapple used to be located in Chicago on Clark Street in Rogers Park. The company relocated to the suburbs some years ago.

    Terrific childhood memories of the caramel apples sprinkled with crushed peanuts. Not sure of my teeth are up to the task now.

    Comment by Gravitas Friday, Oct 6, 23 @ 3:42 pm

  9. What’s an emoticon?

    Comment by walker Friday, Oct 6, 23 @ 4:10 pm

  10. https://www.washingtonpost.com/immigration/2023/10/06/border-families-migrants-biden-chicago/

    But Venezuelans accounted for only 12 percent of the more than half a million parents and children the government encountered at the border from October through August.

    Comment by very old soil Friday, Oct 6, 23 @ 4:11 pm

  11. = raising questions about whether the district’s background check system is operating as intended. =

    Does the background check system use fingerprints, or is it just a name check against Illinois court records? An OEIG report showed the issue with relying on name checks.

    https://eec.illinois.gov/content/dam/soi/en/web/eec/eig-summary-reports/04.12.18-idfpr-woodrum-released-report.pdf

    Comment by Anyone Remember Friday, Oct 6, 23 @ 4:22 pm

  12. Gary Dahl was a class act and a good man. A great listener with a high level of empathy. He made a positive difference in this world and will be missed. May you rest in peace surrounded with love

    Comment by Flexible One Friday, Oct 6, 23 @ 11:43 pm

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