Flashback 2008: job losses in free fall, a housing market boom gone bust and credit markets in crisis amid the Great Recession. Four years later, the U.S. economy continues to climb out of the hole that engulfed it at a still sluggish pace, and economists say it will take many months to regain all the millions of jobs lost. Since the darkest days of the recession, which began in December 2007 and ended June 2009, the job market has gone from losing a high of 818,000 jobs in January 2009 to adding jobs for 25 straight months
Comments: No endorsements from the paper, but plenty of free "good news" for the incumbent, even if they have to make it up.
Economy picking up? Jobs and companies hiring? Sure, many are hiring for 20 hours a week for the holiday season. That isn't what this country needs. We need real jobs with full time hours and steady employment. Anyone who can think for themselves knows that jobs picking up this time of year is for holiday sales and nothing permanent.
Former Mayor Richard M. Daley says he doesn’t remember much about the planning of Millennium Park, his wildly over-budget project that has become one of Chicago’s civic treasures. The sprawling downtown park, with its gleaming stainless-steel sculpture known as “The Bean,” is seen as one of his crowning achievements. Daley, though, shrugs it off. N
With New York City mayoral hopeful Bill de Blasio waiting to speak and an audience of a few thousand in Brooklyn´s Cadman plaza waving signs and flags, dancing, and chanting "Si se puede," 23-year-old Pakistani immigrant Hina Naveed, a student from Staten Island, didn´t miss her moment. She captured the identity and energy of the crowd in one quick phrase: "Being undocumented sucks!" The nationwide March for Immigrant Dignity and Respect was the latest mobilization for comprehensive immigration reform.
Battling gang violence has been one of Chicago Mayor Rahm Emanuel’s top priorities. But one of Emanuel’s top appointees, CTA Chairman Terry Peterson, appears to have taken a different tack in the mid-1990s: Lobbying for the early release of the imprisoned leader of the Gangster Disciples — one of the largest and deadliest street gangs in Chicago, the Better Government Association has learned.
As if the city doesn´t have enough problems with crime, budget deficits, and school cuts and closings, Mayor Emanuel has decided to barrel headfirst into the South Loop real estate market—with at least $55 million of your property tax funds. The key moment came at the July 24 City Council meeting, when he hammered through an ordinance giving the city eminent domain authority to buy property at Indiana and Cermak. He plans to have a hotel built there. A couple days later, the Metropolitan Pier and Exposition Authority—the city-state agency that oversees Navy Pier and McCormick Place
Amid a spate of incursions by China in Ladakh, its troops are also resorting to tactics like preventing Indian Army from patrolling posts in this sector along the border which was well within India´s territory. In what is being described as an aggressive approach by China, the tactics have come to the fore in the wake of yet another incident last week when Indian troops launched its patrol "Tiranga" from Trade Junction area in north of Ladakh for two posts located 14 km up in the higher reaches along the line of actual control (LAC).
Using anti-science exuberance, for the last few days, the media have pom-pommed someone´s ethereal projection that the economy had created 200,000 or so jobs in July. The fact that our media would consider 200,000 jobs (which hardly keeps up with population growth) worthy of pom-poms is grotesque enough. Even more appalling is spinning manufactured positive news-cycles for President Obama based on proven nonsense like the ADP´s jobs projections.
A 6-year-old boy riding in a car with his mom was shot in the West Garfield Park neighborhood on the West Side overnight, according to police, the boy among at least 13 people shot since Friday afternoon across the city. Police aren’t certain of the boy’s condition but said he was taken to Mount Sinai Hospital. He was in a car in the 4200 block of West Wilcox Street about 11:30 p.m. when someone started shooting.
Mayor Rahm Emanuel will not raise sales or property taxes to close a $338.7 million gap in next year’s budget but all bets are off in 2015, when the shortfall balloons to $1 billion without pension reform, a top mayoral aide said Wednesday. In 2015, the city is required by state law to make a $600 million contribution to stabilize police and fire pension funds that now have assets to cover just 30.5 and 25 percent of their respective liabilities.
Hundreds of gang members will be invited to a summit in Chicago in an attempt to broker peace in the bloodiest neighborhoods — 20 years after “gang summits” here and in other states drew national attention, organizers said Wednesday. The Rev. Gregory Tatum, a California pastor with Chicago roots, said he hopes the Rev. Jesse Jackson and the Rev. Al Sharpton will attend the Sept. 27-28 summit. Jackson spoke at a gang summit two decades ago in Chicago, delivering a message to gang members that they were the “new frontier of the civil rights struggle.”
Four out of 5 U.S. adults struggle with joblessness, near poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream. Survey data exclusive to The Associated Press points to an increasingly globalized U.S. economy, the widening gap between rich and poor and loss of good-paying manufacturing jobs as reasons for the trend. The findings come as President Barack Obama tries to renew his administration´s emphasis on the economy,
Mayor Rahm Emanuel closed the books on 2012 with $33.4 million in unallocated cash on hand — down from $167 million the year before — while adding to the mountain of debt piled on Chicago taxpayers, year-end audits show. Last week, Moody’s Investors ordered an unprecedented triple-drop in the city’s bond rating, citing Chicago’s “very large and growing” pension liabilities, “significant” debt service payments, “unrelenting public safety demands” and historic reluctance to raise local taxes that has continued under Emanuel.
State Rep. Monique Davis (D-Chicago) is defending comments she made about her constituents mistrusting Chicago Police. Davis, who represents a part of the city’s South Side, told a Detroit radio station some people in her district believe police are committing some of the murders in Chicago and that’s why they go unsolved. "We were talking about the deaths in the community,” Davis told the Sun-Times Saturday, adding she told the radio station that “some of my community people say they think the police are doing it.”
Senate Minority Leader Mitch McConnell said on a conference call organized by Karl Rove’s Crossroads organization for large donors and their advisers on Oct. 30 that the Tea Party movement, in his view, is a “nothing but a bunch of bullies” that he plans to “punch … in the nose.” On the call, according to a donor who was on it, McConnell personally named Sens. Mike Lee (R-UT) and Ted Cruz (R-TX) as Tea Party conservatives he views as problematic for him. “The bulk of it was an attack on the Tea Party in general, Cruz in particular,” the source, a
Fraud can be so brazen it takes people’s breath away. But for a prosecutor tasked with proving a swindle — or what federal law describes as a “scheme to defraud” — the crucial thing is not so much the fraud. It is the scheme. To be sure, it is the fraud — the individual false statements, sneaky omissions, and deceptive practices — that grabs our attention. As I’ve recounted in this space, President Obama repeatedly and emphatically vowed, “If you like your health-insurance plan, you can keep your health-insurance plan, period.” The incontrovertible record — disclosures by the Obama administration in
Fear swept through Borough Park, Brooklyn, as soon as the news got out: A young man was randomly assaulted by strangers early Friday morning, and the attack was possibly part of the so-called Knockout Game. Four men were arrested, but on Friday night only one was charged and the others were released. The attack added to a growing log of reports of such crimes in the Northeast and beyond. Young assailants were randomly picking unlucky targets and trying to knock them out with just one punch. Yet police officials in several cities where such attacks have been reported said that the “game” amounted
A teen playing the "Knockout Game" in Lansing, Michigan unwittingly targeted a concealed carry permit holder and was shot twice. He survived and is now in jail. As Breitbart News previously reported, the "Knockout Game" thrives in areas where victims are unarmed. In the "game," teens approach a stranger on the sidewalk or in an alley and punch the stranger in an attempt to knock him or her out. A punch that results in a knockout scores one point. WILX in Lansing reported that teenager Marvell Weaver, who is black, tried to knock out a father who was standing at
WASHINGTON -- Democrats quickly enjoyed the first fruits of a milestone Senate vote making it harder for the Republican minority to block President Barack Obama´s nominations: They swiftly ended a GOP filibuster against one of his top judicial selections and prepared to do the same for two others. Over the longer term, they might regret what they did and how they did it, Republicans and others are warning. When Democrats muscled the changes through Thursday over the opposition of every GOP senator, it helped heighten Congress´ already high level of partisan animosity. Senate Majority Leader Harry Reid, D-Nev., used a process that
Today, President Obama and the Democrats are faced with the opportunity to take a timeout – a timeout from ObamaCare. I believe that they should delay ObamaCare for six months to a year. America’s health care system isn’t something that can be pieced together on an ad-hoc basis amidst failing websites, party infighting, bickering insurers and a confused American public. Since the website launched last month, it has become increasingly clear that the policy – and indeed the mechanics – weren’t ready yet. And while I, along with the rest of the American people, would’ve preferred that it had worked
Joining the hosts of MSNBC’s The Cycle on Friday, legendary NBC News anchor Tom Brokaw previewed a special on the 50th anniversary of John F. Kennedy’s assassination that will air on MSNBC that night. Recounting his experiences from that day, he said that the reaction to JFK’s assassination, “mostly in conservative states,” was encapsulated by his interaction with one man who expressed satisfaction over the president’s killing. “This was unusual but it was not unheard of,” Brokaw told the MSNBC hosts, prefacing a conservative’s reaction to JFK’s killing. “As I came running out of the announce booth, the chief engineer,
To the average American, ObamaCare is part web site disaster, part shattered campaign promise writ very, very large. Millions of Americans have already been forced out of their existing health care policies, a number that may skyrocket in the new year. Russell Simmons sees it differently. The hip-hop mogul says ObamaCare is already so successful it´s saved thousands, if not millions of lives. Yes, we initially wanted single payer, and we had to compromise back in 2009 for the Affordable Care Act. But, it is a damn good piece of legislation that has already saved hundreds of thousands, if not millions of lives. So,
For the White House, November has been the cruelest month, with increasing worry among Democrats that a year from now could mean another midterm electoral disaster, similar to the results in 2010 when Republicans picked up over 60 House seats to gain control and netted six Senate seats as well. Each day produces a new poll with terrible numbers for the president and his policies. The Obama approval level has dipped below 40% in several surveys in recent days, and yesterday hit an all-time low of 37% in a CBS poll — a survey that in the past has often
“Congress is broken,” Senate Majority Leader Harry Reid said Thursday before holding a party-line vote that disposed of rules that have guided and protected the chamber since 1789. If Congress wasn’t broken before, it certainly is now. What Reid (Nev.) and his fellow Democrats effectively did was take the chamber of Congress that still functioned at a modest level and turn it into a clone of the other chamber, which functions not at all. They turned the Senate into the House. Democrats were fully justified in stripping Republicans of their right to filibuster President Obama’s nominees — yet they will
President Obama said Friday he does not worry much about his safety because of the “outstanding” Secret Service detail that shadows him everywhere he goes. Obama said the assassination of former President John F. Kennedy 50 years ago transformed the presidential security detail to a point where he hardly thinks about safety. "It´s not something I think about, mainly because we have a Secret Service that does an outstanding job every single day," Obama told ABC News in an interview set to air next week. For example, the open-air car Kennedy was riding in while shot in Dallas in 1963
Ahmad Rashad, a Pro Bowl wide receiver, has made yet another great catch. The Minnesota Vikings legend has rebounded from his broken marriage to Sale Johnson — the ex-wife of Jets owner Woody Johnson — and is said to be dating Valerie Jarrett, President Obama’s most trusted senior adviser. Rashad, a sportscaster and a close friend of Michael Jordan’s, is keeping the romance on the down low. “They haven’t gone out in public,” one source told me. “They are sneaking around.” (Rashad’s manager did not respond to questions about the relationship, and the White House declined to comment on Jarrett’s personal life.) Rashad, who