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Millennials Could Be Key To Illinois' Housing Recovery... But They're Fleeing...
Authored by Madelyn Harwood via IllinoisPolicy.org,Illinois loses more millennial taxpayers and dependents to other states than any state except New York; this means Illinois’ distressed housing market...
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"It's Raining Needles" Locals Frustrated As Opioid Addicts Litter Ground With...
Drug-overdose deaths rose 19% in 2016 to 52,000, making drugs the leading killer of American adults under 50. And all evidence suggests these totals have continued to climb in 2017, propelled by the...
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Chevy Forced To Extend Shutdown Of Bolt Plant After Realizing That Literally...
General Motors launched it's much-hyped, all electric Chevy Bolt at the end of 2016. The Bolt was expected to make a splash as it was the first electric car in the U.S. market to offer 200 miles of...
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The Feds Just Expanded Civil Asset Forfeiture 'Laws' Nationwide
When you're a government agency, asking for a tax increase is always a hassle. As Ryan McMaken notes, for the most part, taxpayers don't like taxes, and if asked if they want to pay more, they're...
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Here Are America's Most Underfunded Corporate Pensions
We spend a lot of time talking about the public pension crisis because, well, it's a massive $5 - $8 trillion dollar overhang on the economy and one which will undoubtedly result in some heartache for...
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Kunstler Fears "Violent Revolt" As "Soft Coup" Against Trump Looms
Authored by James Howard Kunstler via Kunstler.com,For all his blunders and stumbles in his first half-year as President (cough cough), Donald Trump seems to have more lives than Schrödinger’s Cat. Or...
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Detroit Is Demolishing Homes With Federal Money Meant "To Save Them"
Contrary to popular perception, not all of the money approved as part of the federal government’s emergency effort to save the American financial system in the fall of 2008 went to the big banks. Some...
View ArticleFrontrunning: July 24
Kushner, Russian Ambassador Had Undisclosed Contact (WSJ)Democrats take aim at big companies in economic blueprint (Reuters)Trump open to signing Russia sanctions legislation (Reuters)Schumer Predicts...
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Eight States Including Illinois Have Not Recovered Jobs Lost In Prior Recessions
Authored by Mike Shedlock via MishTalk.com,Illinois, Alabama, Connecticut, Michigan, Mississippi, New Mexico, Ohio, and Wyoming are the only states that still have not regained employment lost during...
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"Hunter Harrison Is Out Of Control" - What's Really Going On At CSX?
Authored by William Vantuono via RailwayAge.com,Hunter Harrison, what exactly is going on at CSX? I’m hearing lots of voices. They’ve become loud and frequent and as such are nearly impossible to...
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Tracking The Great Escape From Cook County And Illinois
Authored by Mike Shedlock via MishTalk.com,Cook County Illinois has the largest population loss of any county in the nation. Chicago represents just over half of the population of Cook County.Here is a...
View ArticleFrontrunning: July 26
Oil bounce, results keep stocks on high (Reuters)Healthcare brawl returns to Senate floor (Reuters); Senate Sets Up Health Votes for Chaotic Obamacare Debate (BBG); Health Debate Rolls On After First...
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Senate GOP Rejects Rand Paul's "Repeal-Only" Healthcare Plan
Just hours after rejecting some version of 'repeal-and-replace' overnight, Senate Republicans have, as expected, failed to get enough votes for a key proposal from Rand Paul that would have repealed...
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Key Events In The Coming Week: Payrolls, Central Banks, China And More
As many traders quietly leave for summer break soaking up even more liquidity as they go, a busy US calendar unfolds in the week ahead, with ISM, PCE price data and, of course, payrolls in the...
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An Ohio Factory Owner Is Eager To Hire Workers, There Is Just One Problem...
In April, the Fed's otherwise boring Beige Book revealed a striking anecdote about the current state of the US labor market: as the Boston Fed commented at the time, the qualified labor shortage had...
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It's Been Exactly 80 Years Since The US Declared War On Weed - And Weed Is...
Authored by Carey Wedler via TheAntiMedia.org,The government fought cannabis - and cannabis won.This Wednesday is the eightieth anniversary of the first major action the federal government took against...
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Trump To Launch Trade War With China On Friday, Beijing Vows Retaliation
Yesterday, the WSJ reported that the Trump administration is planning to begin a probe of what the U.S. sees as violations of intellectual property by China. Against a backdrop of Trump’s frustrations...
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Key Events In The Coming Vacation Week: All About Inflation
With the traditional post-payrolls market lull setting in, and most trading desks taking a week or two off, it will be a relatively quiet week with attention turning to inflation data with releases in...
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Kunstler Warns "Being In This World Actually Entitles You To Nothing"
Authored by James Howard Kunstler via Kunstler.com,The trouble, of course, is that even after the Deep State (a.k.a. “The Swamp”) succeeds in quicksanding President Trump, America will be left with...
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Kelly Loses Control As "Vacationing" Trump Unleashes Angriest Tweetstorm Yet
Just days after the Wall Street Journal and others reported that Trump's new Chief of Staff, General John Kelly, had taken steps to "control" the flow of information on the President's twitter feed,...
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