Thursday, July 30, 2009

Illinois home forelosures highest in Chicago area -- chicagotribune.com

 

Foreclosure activity was up 15 percent in the Rockford area and 40 percent in the metro area that includes Rock Island and Moline and Davenport, Iowa.
Increases are blamed on growing unemployment rather than risky mortgages.

Illinois home forelosures highest in Chicago area -- chicagotribune.com

A day of reckoning for Bush's 'torture' lawyers | csmonitor.com

 

Eric Holder must decide whether to pursue Bush administration lawyers and one sitting federal judge who set the legal stage for officially sanctioned torture and other degrading practices that violated fundamental principles of international law. As Mr. Holder wrestles with this decision, he must consider the gold standard set by his predecessor Robert Jackson at Nuremberg.

But Holder should recall the testimony of William Keitel, the ranking officer of the German Army: "I took the stand that a soldier has a right to have confidence in his state leadership, and accordingly he is obliged to do his duty and to obey." The Nuremberg tribunal sentenced Keitel to death by hanging.

A day of reckoning for Bush's 'torture' lawyers | csmonitor.com

Recession may be over, but its effects will linger -- chicagotribune.com

 Kansas City Federal Reserve Bank.jpg

The Chicago and Cleveland regions both entered the current recession in the third quarter of 2007, well before much of the rest of the country. Both have been hit particularly hard. And neither area can expect to recover ahead of the nation as a whole.

Click on the following for the rest of the story:  Recession may be over, but its effects will linger -- chicagotribune.com

Business Journal | Business tough for area Hispanics

 

the seasonally adjusted national unemployment rate for Latinos and Hispanics last month was 12.2 percent, 2.7 percentage points higher than the national average.

The consequences of the recession have been far-reaching for suburban Hispanics, affecting businesses, consumer spending habits and residential housing.

Budget cuts have left many social service programs with a limited ability to help those families in need.

Click on the following for the rest of the story:  Business Journal | Business tough for area Hispanics

Tuesday, July 28, 2009

Northwest Herald | D-300 hears wind farm proposal

 

District 300 [Carpentersville –Hampshire]  is currently a member of an informal School Wind Consortium that also includes Keeneyville District 20 and Prospect Heights District 23. In that group, the districts work together to investigate opportunities and legislation to make a wind farm “legally and financially feasible” for them.

Under the proposal before the board, the trio would formalize their efforts by agreeing to an intergovernmental agreement. The districts would then work together to explore building a 10-turbine wind farm downstate. Any spending from the district would have to come back to the board for another vote.

The money – an estimated $2 million a year after six years – made from the wind farm would be used to offset the district’s energy costs. A private investor would have control of the farm for the first six years and benefit from certain tax incentives, a move that would remove any out-of-pocket costs for the district.

 

Northwest Herald | D-300 hears wind farm proposal

Boone County Taxpayers Association Addressees Unemployment in our Community


The Boone County Taxpayers Association (BCTA) is hosting an informational meeting for all of the unemployed and dislocated workers in Boone County. There is no cost for this program, and everyone is welcome to attend.
The BCTA meeting will be held on July 30, 2009 at Belvidere Township Hall, Fairgrounds Road, at 7 PM. The doors will open at 6:30 PM. Our speakers for the evening will be Sue Carmichael and members of her staff from the Rock Valley College Dislocated workers program. They will provide us with information on all of the existing workers assistance program that are available to our community and advise us on how to take advantage of them. We will also discuss stimulus programs and how they may help us. Local officials and other authorities regarding this subject are also invited to attend this meeting in order to generate ideas and positive discussion to give our unemployed the help they need. Please invite your friends and neighbors who may currently be unemployed and in need of this type of information.
We hope to see numerous members of the public join us on July 30, 2009, to learn about and to take advantage of these unemployed worker programs.
Please click on the link below to review the Rockford college dislocated workers program brochure for more information.
Click here: Rock Valley College Brochure
Sincerely, Diann Helnore,
Director, Boone County Taxpayer Association

 

Economists: Winnebago County wage hikes deceiving - - BusinessRockford.com

(photo) Joel Cowen

Winnebago County’s 3.1 percent wage increase topped the national average, which was 2.2 percent

That likely means the average wage got a bump because of cuts in the work force, not pay increases.

Joel Cowen, dean of health systems research at the University of Illinois College of Medicine at Rockford, said he’d expect the average wage to decrease as the bureau releases new data.

“The fourth quarter is usually somewhat favorable,” he said. “When they get into 2009, I’d expect to see that get a bit lower.”

Click on the following for the rest of he story:  Economists: Winnebago County wage hikes deceiving - - BusinessRockford.com