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PI Original
by Josh Kalven
10:06am
Mon Sep 29, 2008

Bone Up On The Bailout

Want to gauge the progressive temperature on the revised bailout bill unveiled yesterday?  First of all, make sure to read the Washington Post's run-down of the provisions in the measure.  An important thing to understand about this proposal is that the two parties are quite ...
PI Original
by Angela Caputo
10:05am
Fri Sep 26, 2008

Unemployment Up Across The Prairie State

Illinois' economic outlook got a little worse yesterday with the release of new figures (PDF) showing that unemployment was up in every metropolitan area across the state in August, as compared with the same time last year. The five metropolitan areas with the highest ...
PI Original
by Adam Doster
5:08pm
Wed Sep 24, 2008

A Tip Of The Hat To The "Illinois Nine"

Some conservatives are laying blame for the mortgage crisis in all the wrong places. Earlier this week, the National Review joined others on the right in in castigating the Community Reinvestment Act, which forced banks to loan in communities of color at the same ...
PI Original
by Adam Doster
4:48pm
Tue Sep 23, 2008

A Tale Of Two Districts

What communities are faring well in the 21st century economy? Swing State Project took a look at data from the Census Bureau's 2007 American Community Survey to find out which congressional districts have gained or lost the most in terms of income and poverty since ...
PI Original
by Angela Caputo
5:38pm
Mon Sep 22, 2008

Will Lottery Lease Fall To Credit Crunch?

Under increased pressure to do something about rising unemployment, crumbling roadways, and deteriorating schools, Illinois lawmakers have made it clear that getting a state construction program underway is a top priority this year. With tax increases apparently out of the ...
PI Original
by Adam Doster
10:51am
Thu Sep 18, 2008

Trains, Not Planes (Or Automobiles)

Will commercial air travel grow in a post-carbon world? Ask representatives from the Federal Aviation Administration, and you'll hear a surprising answer: A new Chicago airport or a vast expansion of one of the city's existing airports will be necessary to ...
PI Original
by Adam Doster
10:21am
Tue Sep 16, 2008

Reporting The Origins Of The Financial Crisis

Politico's attempt at contrarianism falls pretty flat this morning. What is reporter David Rogers hypothesis? That voters could hold Democrats liable for the banking crisis: Strongman figures like Treasury Secretary Henry Paulson dominate in the crisis atmosphere ...
PI Original
by Josh Kalven
4:25pm
Mon Sep 15, 2008

Economic Downturn Expected To Hit Nonprofits Hard

Illinois business leaders aren't the only ones bracing for a financial backslide in the wake of today's market meltdown. As Crain's reported today, anxiety is mounting among Illinois' social service organizations as they head into the holiday-giving season wondering how ...
PI Original
by Adam Doster
10:19am
Mon Sep 15, 2008

Understanding The Market Meltdown

The financial world is reshaping before our eyes. The investment bank Lehman Brothers is going under, Merrill Lynch is being bought out by Bank of America, and American International Group -- the world's largest insurance company -- is seeking emergency funding from ...

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