Saturday, February 20, 2010

Daily Herald | Elgin police shoot six 'aggressive' pit bulls

Officers found a total of 21 pit bulls inside the residence Friday night along with more than 50 marijuana plants and materials used to grow the plants indoors,

Click on the following for more details:  Daily Herald | Elgin police shoot six 'aggressive' pit bulls

Investors Stark, Owen: Signatures on Bloomington area loan documents forged

The complaint marks the first specific case of alleged fraud related to the bank's troubled commercial loan portfolio. Last fall, regulators found the Normal bank to be undercapitalized, alleging poor selection of credit risk and improper lending controls, and ordered it to shape up or find a buyer.

Two Twin City investors whose money was used to secure a $3 million loan to one of developer Larry Hundman's real estate companies claim their signatures were forged on key documents

Click on the following for more details:  Investors Stark, Owen: Signatures on loan documents forged

Illinois gets 1st stimulus funds for broadband access | Crain's Chicago Business

DeKalb County won $13.2 million in federal and state money to improve Internet access, the state’s first broadband access grant under the federal stimulus program.

includes $1.3 million from the state’s capital construction program and $11.9 million in federal stimulus money.

A public-private partnership called DeKalb Advancement of Technology Authority will install a fiber-optic network to serve 3,600 businesses and 34,000 homes in the county.

Illinois gets 1st stimulus funds for broadband access | Crain's Chicago Business

Sears' Craftman tools to be sold by Ace Hardware | Crain's Chicago Business

about 100 Ace stores would begin selling Craftsman tools in May as part of a multi-phase rollout. The first group of Ace Hardware stores will sell Craftsman hand tools, portable power tools, compressors, wet/dry vacuums and tool storage units.

By June, all Ace stores will be able to promote a limited selection of Craftsman products.

Sears Holdings announcing Thursday it would franchise its auto center business to car dealerships and its decision last week to offer its DieHard-branded products at other retailers.

Click on the following for the rest of the story:  Sears' Craftman tools to be sold by Ace Hardware | Crain's Chicago Business

Quinn admits he'd like Duckworth on ticket :: CHICAGO SUN-TIMES

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For the first time, Gov. Quinn gave credence Friday to rumors that federal Veterans Affairs official Tammy Duckworth is on his short list of candidates to fill the vacant Democratic nomination for lieutenant governor.

But Duckworth would have to leave her position as an assistant secretary in the U.S. Department of Veterans Affairs to accept the party nod, a risk that would require her to forgo a guaranteed job in the Obama administration just for a chance to run.

Click on the following for more details:  Quinn admits he'd like Duckworth on ticket :: CHICAGO SUN-TIMES :: Election 2010

Scholarship perk under fire in Illinois

The Illinois Senate has scheduled a hearing Tuesday to discuss plans to either reform or abolish the General Assembly scholarship program.

It’s not the first time the tuition waivers have been targeted for elimination, but prior attempts dating to the 1990s have usually started — and failed — in the House.

The cost — estimated at $12 million per year – is then absorbed by the universities.

Scholarship perk under fire in Illinois

Our View: Senate meeting is unacceptable | Daily Chronicle

Daily Chronicle Onlinethe Senate could choose to close almost any session where no vote will be taken by calling it a “joint caucus.”
Even if the Senate was not in violation of the letter of the law – though we contend that it was – it certainly was in violation of the spirit of the law.

Time and again, our state’s elected leaders have shown that they have no plans to change the culture in Springfield.
Voters need to remember that in November.

Click on the following for the complete editorial:  Our View: Senate meeting is unacceptable | Daily Chronicle

UAW strike in Sycamore threatens Belvidere Chrysler production - WREX.com – Rockford’s News Leader

Johnson Controls, Inc. 30chrysler

main concern is the[Johnson Control]  company's wish to take out a clause in their contract that says it can't outsource jobs. "They can take and move these jobs out of Illinois. They could move the jobs out of the United States. You could see this facility all but disappear,"

Click on the following for more details:  UAW strike in Sycamore threatens Belvidere Chrysler production - WREX.com – Rockford’s News Leader

Illinois Republican Party supports Redistricting Referendum

Illinois Fair Map Amendment

Redistricting is right around the corner and Illinois citizens have an opportunity to truly reform the way Illinois government operates.  There is a movement sponsored by the League of Women Voters, Illinois Chamber of Commerce, and many other reform-minded groups to pass a citizen’s initiative to change the way redistricting is done in Illinois.  The Illinois Republican Party is supportive of this proposal.   In order for this initiative to appear on the ballot in November, 500,000 signatures must be collected by April 1, 2010.  Now is the time for action and we greatly appreciate your support of this initiative by gathering as many signatures as possible.   

To learn more or to download a petition, please visit www.ilfairmap.com. There are many technicalities with the petition process so please make sure to review the instructions thoroughly. Thanks!

The New Poor - Despite Signs of Recovery, Long-Term Unemployment Rises - Series - NYTimes.com

Economists fear that the nascent recovery will leave more people behind than in past recessions, failing to create jobs in sufficient numbers to absorb the record-setting ranks of the long-term unemployed.

Roughly 2.7 million jobless people will lose their unemployment check before the end of April unless Congress approves

6.3 million Americans who have been unemployed for six months or longer, the largest number since the government began keeping track in 1948

declining influence of unions has made it easier for employers to shift work to part-time and temporary employees.

only two-thirds of unemployed people received state-provided unemployment checks last year, according to the Labor Department. The rest either exhausted their benefits, fell short of requirements or did not apply.

Click on the following for more details:  The New Poor - Despite Signs of Recovery, Long-Term Unemployment Rises - Series - NYTimes.com

New corporation seeks to redevelop area in DeKalb County

National Bank & Trust Company’s Community Development Corporation, a limited-liability corporation that finances economic redevelopment projects or projects to benefit low- to moderate-income people in DeKalb and Sycamore.

For example, Cullen said, it could purchase an empty downtown building, refurbish it, bring in tenants and sell it. The goal would be to break even, not to make profits as in a typical investment.

Click on the following for more details:  New corporation seeks to redevelop area | Daily Chronicle