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Illinois Faces 25% Cost Increase to Borrow $1.8 Billion

Illinois plans to sell $1.8 billion of general-obligation debt tomorrow as its relative borrowing costs may increase by almost a quarter.

Chicago Gets Negative Outlook From Moody’s on Pension Gaps

Chicago “outsized pension pressures,” unemployment and foreclosure backlog prompted Moody’s Investors Service to assign a negative outlook today to the third-largest U.S. city’s general-obligation debt.

Students hear Occupy and Tea Party voices at Benedictine mock rally


Several hundred local high school students had a chance to see ideological passion in action Tuesday morning at Benedictine University.

Obama Presidency by the Numbers


The Debt Generation

What To Do About Entitlements

As I'm sure everyone has read entitlement spending is out of control. Unemployment insurance, food stamps, welfare is at it's highest level ever. Don't get me wrong I'm all for helping people when they are down, unexpected things happen in life and it's good to lend a helping hand. But I draw the line in making it a life long career choice.

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