your input is needed before a 70-page application to the U.S. Economic Development Administration is submitted next week.
Click on the following for the rest of the story: Program seeks cash for local projects - - BusinessRockford.com
Monday, July 20, 2009
Sunday, July 19, 2009
Approve plan for audit of Federal Reserve
In the name of transparency and openness a full audit of the Federal Reserve should be available.
Currently, there are bills in the House - HR1207 - and the Senate - S604 - that call for a full and complete audit of the Federal Reserve. The legislation would legally obligate the bank to tell Congress exactly how much money has been given out - in the trillions - to whom it has been given and on what terms.
This letter is a call to action for Dick Durbin to cosponsor S 604.
Click on the following for more of the story: Approve plan for audit of Federal Reserve
BLOGS across Illinois talk of Representative Franks’ (Crystal Lake) $1.3 million for 2010 Run for Governor
Just so you know Helen Lindow is Jack’s aunt.
Jack Franks (D) “a player” for Gov? Check the D-2’s »
By mcpundit on Jul 18, 2009 in Illinois Governor | 2 Comments
What’s that old saying, “Perception, is 9/10th’s of reality? Getting momentum for a race for Governor, is a lot about being perceived as being a “player”. . . which means being able to raise lots of money.
Capital Fax calls Rep. Jack Franks, (D), who is considering a run for Illinois Governor, a “player”, because he has just reported raising a little over $1.3 million in the first 6 months; indicating just a part of that $1.3 million was a $150,000 loan to himself.
That seemed an impressive amount of money raised in 6 months.
However, if you look at the D-2’s; here’s where over $1 million of the $1.3 million came from.
$150,000 Loaned to himself
$250,000 Contributed to Jack Franks from his father
$450,000 Contributed to Jack Franks from his mother
$200,000 Contributed to Jack Franks from his wife
Makes one a bit curious to see what the relationship is to the other two contributors listed; Real Estate Broker Steven Kling, who contributed $100,000, and Helen Lindow, owner, Lindow’s Appliance, who contributed $50,000.
Rep. Jack Frank’s father, Herbert H. Franks, is a trial lawyer. One might call him, “a player”.
Ah, perception
Saturday, July 18, 2009
Retail thefts here soar as economy slumps :: CHICAGO SUN-TIMES :: Business
Chicago experienced a 9.6 percent increase in retail thefts in 2008 from 2007, to 11,289 incidents from 10,300, mirroring a national trend of increased shoplifting during a period of tough economic times
The economy didn't create more thieves. It's just that the market is flourishing for deals, including for goods that people in illicit activity sell for far below what a legitimate retailer would charge,"
Click on the following for the rest of the story: Retail thefts here soar as economy slumps :: CHICAGO SUN-TIMES :: Business
Budget deal not clear-cut on social services - Springfield, IL - The State Journal-Register
The budget, which Quinn signed Wednesday, promises cuts of 13 percent instead of 50 percent in grants to service providers. But that’s an average — he could end up giving some programs full funding and slashing others more deeply.
Budget deal not clear-cut on social services - Springfield, IL - The State Journal-Register
Lawyers picked for county budget fight :: Beacon News :: Local News
Wow—An elected county official suing the County Board—If Boone County had re-opened its budget do you think this would have happened here?
Aurora-based law firm Mickey, Wilson, Renzi, Weiler & Andersson agreed to represent Circuit Clerk Deborah Seyller, as she considers a lawsuit against the County Board after it cut $248,200 from her budget in May.
Click on the following to read the rest of the story: Lawyers picked for county budget fight :: Beacon News :: Local News
Ms. Seyller has a news release regarding her legal action. Click on the PDF image on the Beacon article to read her statement.
Northwest Herald | Marengo mulls 2nd business incentive
Karsten’s Service Center for expanding its auto shop business in town.
Karsten’s incentive deal included a four-year city sales tax rebate of 10 percent, plus a five-year tiered property tax abatement on net new assessments. If approved, the entertainment center would receive the same types of incentives but for three years each, as determined by program qualifications.
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