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WirePoints Illinois Financial News

-- Connecting the dots between our economy, government and business --

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Madigan’s loss, Illinois’ damaging COVID restrictions a...den’s new stimulus – Mark Glennon on the Steve Cortes Show

Mark was on the Steve Cortes Show this week talking about Mike Madigan's historic fall from power, the continued destruction wrought by the state's overly-restrictive COVID lockdowns, and the pot...

https://wirepoints.org/madigans-loss-illinois-damaging-covid-restrictions-and-the-potential-impact-of-bidens-new-stimulus-mark-on-the-steve-cortes-show/

CPS, CTU ‘having better conversations’ about reopening but need an agreement ASAP, union says – Chicago Sun-Times*

“What you have to understand is that you can’t run the schools without the people who work in the schools, and right now, individual educators are looking at the situation and saying, ‘I’...

https://chicago.suntimes.com/education/2021/1/15/22233367/cps-reopening-ctu-public-schools-union-teachers-jordan-elementary-jesse-sharkey-janice-jackson#new_tab

‘Optimistic’ Pritzker urges Congress to pass Biden’s plan for billions in state aid – Center Square

“The governor continues to hope for magic money from Washington to exempt him from the responsibility of responsibly balancing the budget,” said Illinois Senate Republican Leader Dan McConchi...

https://www.thecentersquare.com/illinois/optimistic-pritzker-urges-congress-to-pass-biden-s-plan-for-billions-in-state-aid/article_5dcf1a94-577b-11eb-886f-dfc118da074e.html#new_tab

Illinois mayor apologizes for saying media lied about riot – Southern Illinoisan

Thomasboro Mayor Tyler Evans, who has faced calls to resign since he posted the video, issued a statement Thursday apologizing for his comments and condemning the violence at the Capitol. He said...

https://thesouthern.com/news/state-and-regional/govt-and-politics/illinois-mayor-apologizes-for-saying-media-lied-about-riot/article_55a6a1cb-e5a1-5ad8-b61a-0c9435e013cd.html#tracking-source=home-the-latest%23new_tab

Glenview Man Now Getting Unemployment Benefits After Taking...urt, But What About Others In His Position? – CBS2 (Chicago)

He has called the case his way of standing up for all of the others dealing with issues. Unfortunately, he said the fix IDES made to his claim seemed only to help him. “The system that they hav...

https://chicago.cbslocal.com/2021/01/14/glenview-man-now-getting-unemployment-benefits-after-taking-ides-to-court-but-what-about-others-in-his-position/#new_tab

Illinois Residents Now Receiving Fraudulent Change-Of-Addre...nt Scammers; Anti-Fraud Task Force Launched – CBS2 (Chicago)

“Fraud schemes can go across jurisdictions, and if you just leave it to each isolated jurisdiction to focus on this problem, we’re not going to solve it,” said Illinois Attorney General Kwa...

https://chicago.cbslocal.com/2021/01/14/illinois-residents-now-receiving-fraudulent-change-of-address-letters-thanks-to-unemployment-scammers-anti-fraud-task-force-launched/#new_tab

Restaurants demand to reopen statewide as some Illinois regions may see relaxed COVID restrictions – Center Square

State Rep. Mike Murphy, R-Springfield, said the industry knows how to do it right and is reaching a breaking point. “We are just going to find a dying industry here in the next month or two if ...

https://www.thecentersquare.com/illinois/restaurants-demand-to-reopen-statewide-as-some-illinois-regions-may-see-relaxed-covid-restrictions/article_4036c244-56b7-11eb-bb31-53c31e87f173.html#new_tab

People at Bank of Springfield Center told to quarantine after positive COVID-19 test – Center Square

Jessica Basham, chief of staff in the Office of the Speaker, advised that all House members and staff who were at the facility on Thursday, or around someone who was, should immediately self-quar...

https://www.thecentersquare.com/illinois/people-at-bank-of-springfield-center-told-to-quarantine-after-positive-covid-19-test/article_809a635c-56aa-11eb-a481-a7eedc264db5.html#new_tab

Black Caucus notches wins on education, criminal justice as... care proposals fall short in lame duck session – Daily Line

After he was sworn in as the first new speaker in decades, Welch praised his colleagues for their work on the various Black caucus bills. “For Black communities all across the state of Illinois...

https://thedailyline.net/chicago/01/14/2021/black-caucus-notches-wins-on-education-criminal-justice-as-health-care-proposals-fall-short-in-lame-duck-session/#new_tab

Chicago Police ‘Illegal, Violent’ Raids Violate Consent...eys Say, Forcing City Back to Federal Court – CBS2 (Chicago)

“For over five months, the City has ignored multiple requests by the Coalition and OAG to collaborate on a resolution to home raid-related Consent Decree violations,” the attorneys wrote in W...

https://chicago.cbslocal.com/2021/01/13/chicago-police-illegal-violent-raids-violate-consent-decree-attorneys-say-forcing-city-back-to-federal-court/#new_tab

Struggles Exacerbated On Magnificent Mile With Gap, Macy’...ng, But Advocates Say Reinvention Will Come – CBS2 (Chicago)

“This area generates $1.7 billion in property taxes annually,” Ald. Brian Hopkins said. “So we need to revitalize the downtown area as fast as we can to get that economic engine restarted.....

https://chicago.cbslocal.com/2021/01/13/struggles-exacerbated-on-magnificent-mile-with-gap-macys-leaving-but-advocates-say-reinvention-will-come/#new_tab

Column: The Story Behind Illinois’ Latest Public Pension Liability Boost, And Why It’s So Very Illinois – Forbes

Elizabeth Bauer: "It would be funny if it wasn’t so serious — a legislator claiming that “they’re going to do it anyway,” when it’s he himself who had been spearheading the increase, ...

https://www.forbes.com/sites/ebauer/2021/01/13/the-story-behind-illinois-latest-public-pension-liability-boost-and-why-its-so-very-illinois/?sh=4780be5c2442#new_tab

Rep. Emanuel ‘Chris’ Welch, Madigan’s successor as Il...es questions about his treatment of women – Chicago Tribune*

A 2002 police report indicates that officers in west suburban Hillside were called to Welch’s home, where an ex-girlfriend told them that Welch slammed her head into a kitchen countertop numero...

https://www.chicagotribune.com/politics/ct-emanuel-chris-welch-illinois-house-speaker-domestic-police-20210113-zhjt76idp5agxnh5wce3kmvnci-story.html#new_tab

Illinois lawmakers pass legislation to cap payday loans, ma...asier for those with convictions to get jobs – Center Square

“Throughout the nation Illinois is known as a judicial hell hole” said Republican state Rep. C.D. Davidsmeyer. “Litigation in the state of Illinois is out of control and the more we can mak...

https://www.thecentersquare.com/illinois/illinois-lawmakers-pass-legislation-to-cap-payday-loans-make-it-easier-for-those-with-convictions/article_8598ebf8-55dd-11eb-ac6d-1b61c5881a54.html#new_tab

Read Gov. Pritzker statement on impeachment of President Trump – Bloomington Pantagraph

It reads, in part, "We cannot rebuild without ridding ourselves of what’s rotten. We cannot hope to unify without upholding the ideals of justice, democracy and liberty that tie us together as ...

https://www.pantagraph.com/news/state-and-regional/govt-and-politics/read-gov-pritzker-statement-on-impeachment-of-president-trump/article_b7860f35-f301-58b6-9138-20162ee7db0a.html#new_tab

The potential end of Mike Madigan, why federal aid won’t ...is, and the new laws politicians are passing – Ted on AM 560

Ted was on with with Dan Proft and Amy Jacobson discussing Madigan's chances of being reelected Speaker, how a federal bailout of Illinois will only makes things worse for the state and how pols ...

https://wirepoints.org/the-potential-end-of-mike-madigan-why-federal-aid-wont-help-illinois-and-the-new-laws-politicians-are-passing-ted-on-with-am-560s-dan-proft/

After student suicides, some ask for competition in Illinois to resume amid pandemic – Center Square

Illinois High School Association Executive Director Craig Anderson said it was tragic and not isolated.  “I think it’s more than we could probably imagine, to be honest, I know of other stud...

https://www.thecentersquare.com/illinois/after-student-suicides-some-ask-for-competition-in-illinois-to-resume-amid-pandemic/article_01819866-5519-11eb-aeff-8fe30a0abee0.html#new_tab

Pritzker Activates 200 Members of Illinois National Guard to Provide Support During Inauguration – NBC5 (Chicago)

National Guard soldiers from around the country will be deployed to Washington after President Trump declared a state of emergency in the city. Reports of further violent demonstrations have popp...

https://www.nbcchicago.com/news/local/chicago-politics/pritzker-activates-200-members-of-illinois-national-guard-to-provide-support-during-inauguration/2414991/#new_tab

Illinois lawmaker resigns after loss, drives through Springfield on way to new home in Arizona – Center Square

He said in his statement, “For more times than I care to count, the Democrat majority and, disapprovingly, many Republicans have voted to pass legislation that raised taxes, increased spending,...

https://www.thecentersquare.com/illinois/illinois-lawmaker-resigns-after-loss-drives-through-springfield-on-way-to-new-home-in-arizona/article_e0e7b700-5501-11eb-8c9f-d3d52884caaf.html#new_tab