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Old 09-22-2023, 05:22 PM
 
Location: Brackenwood
10,049 posts, read 5,767,229 times
Reputation: 22261

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Robbing postal workers seems particularly ill-advised. That's a federal offense and the feds don't play around like the local judicial system does.
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Old 09-22-2023, 05:45 PM
 
Location: Milwaukee, Wisconsin
4,679 posts, read 3,330,398 times
Reputation: 3929
Bitey, my friend.

With all due respect to you/your comment, it appears nothing has instilled a fear of consequence.
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Old 09-23-2023, 10:46 PM
 
329 posts, read 287,672 times
Reputation: 675
Default Chicago's Trillion-Dollar Financial Engine At Risk Of Leaving Over $800 Million Tax Proposal

According to Bloomberg,

“Slew of taxes threatens future of Chicago as a finance hub. Trading firms, exchanges want new mayor to curb surging crime”.

https://www.bloomberg.com/news/artic...alflow-organic

A non-pay walked writeup of this potential financial exodus is on Zero Hedge:

https://www.zerohedge.com/political/...n-tax-proposal
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Old 09-24-2023, 08:45 AM
 
Location: Wartrace,TN
8,136 posts, read 12,880,923 times
Reputation: 16670
The CME's servers are located in Aurora, IL. The CBOE servers are located in New Jersey.
Yes, many brokers have offices in Chicago but when I place an order it is routed through the servers. How could Chicago stake a claim to part of this transaction?

If they try to enact this tax all the brokers would leave the city. They do not HAVE to maintain offices in Chicago; they can just move them to Aurora or New Jersy or anywhere else in the U.S.

Would some brokers stay? Nope; their customers would seek the lowest execution costs.
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Old 09-24-2023, 09:31 AM
 
329 posts, read 287,672 times
Reputation: 675
As a native Chicagoan, it really is devastating to watch the decline and destruction of the city I once loved. I just can’t understand how natives continue voting for “progressive” politicians who are actively undermining the city and its residents with anti-business, pro-criminal policies.

The entire situation feels hopeless and as the though Chicago is well on its way to becoming the next Detroit.
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Old 09-24-2023, 09:59 AM
 
Location: Sweet Home Chicago!
6,721 posts, read 6,529,543 times
Reputation: 9920
Quote:
Originally Posted by Xalistiq View Post
As a native Chicagoan, it really is devastating to watch the decline and destruction of the city I once loved. I just can’t understand how natives continue voting for “progressive” politicians who are actively undermining the city and its residents with anti-business, pro-criminal policies.

The entire situation feels hopeless and as the though Chicago is well on its way to becoming the next Detroit.
Totally agree. When we moved back in 2016, one of the main draws was all the city of Chicago had to offer, along with fond memories of working downtown and exploring the city. Today, we won't go anywhere near the city. You're not alone, it is devastating to watch the city of Chicago circle the drain.

My youngest is close to finishing high school and is planning to attend college out of state so we're planning our next stop on the road of life. There's nothing left here for us except high taxes, crime, long Winters, and an unusable city. I still can't believe they elected Johnson, truly mind-boggling...
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Old 09-24-2023, 10:48 AM
 
Location: CHICAGO, Illinois
934 posts, read 1,449,415 times
Reputation: 1680
These articles are the financial industry sending out a warning shot. A lot of the these financial transaction taxes Johnson wants to pass need the approval from the state. Pritzker has already said "no." I think even Lightfoot proposed something like this, but most of these proposals are pipe-dreams. But I see why CBOT and CME feel the need to respond.

https://www.fox32chicago.com/news/pr...ohnson-chicago
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Old 09-24-2023, 11:01 AM
 
329 posts, read 287,672 times
Reputation: 675
Quote:
Originally Posted by flamadiddle View Post
Totally agree. When we moved back in 2016, one of the main draws was all the city of Chicago had to offer, along with fond memories of working downtown and exploring the city. Today, we won't go anywhere near the city. You're not alone, it is devastating to watch the city of Chicago circle the drain.

My youngest is close to finishing high school and is planning to attend college out of state so we're planning our next stop on the road of life. There's nothing left here for us except high taxes, crime, long Winters, and an unusable city. I still can't believe they elected Johnson, truly mind-boggling...
Lightfoot’s incompetence and malfeasance, as ruinous as it was for Chicago, pales in comparison to Johnson, who refuses to hold violent “disadvantaged youths” accountable for the havoc they’re causing, as violent crime spills into formerly safe neighborhoods of Chicago.

With emboldened criminals, crime has now even infested the wealthy north shore. When my family lived in Wilmette in the 1990’s, these types of crimes were absolutely unfathomable:

1. Wilmette police chase and crash with armed robbers https://abc7chicago.com/wilmette-arm...ment/12131111/

2. Glencoe attempted car jacking https://www.lakemchenryscanner.com/2...e-golf-course/

3. Wilmette attempted car jacking https://patch.com/illinois/wilmette/...s-third-arrest

4. Winnetka armed home invasion https://patch.com/illinois/winnetka/...ka-home-police
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Old 09-24-2023, 11:54 AM
 
219 posts, read 138,415 times
Reputation: 257
Quote:
Originally Posted by Xalistiq View Post
Lightfoot’s incompetence and malfeasance, as ruinous as it was for Chicago, pales in comparison to Johnson, who refuses to hold violent “disadvantaged youths” accountable for the havoc they’re causing, as violent crime spills into formerly safe neighborhoods of Chicago.

With emboldened criminals, crime has now even infested the wealthy north shore. When my family lived in Wilmette in the 1990’s, these types of crimes were absolutely unfathomable:

1. Wilmette police chase and crash with armed robbers https://abc7chicago.com/wilmette-arm...ment/12131111/

2. Glencoe attempted car jacking https://www.lakemchenryscanner.com/2...e-golf-course/

3. Wilmette attempted car jacking https://patch.com/illinois/wilmette/...s-third-arrest

4. Winnetka armed home invasion https://patch.com/illinois/winnetka/...ka-home-police
The crimes you've listed happened last year and the year before. Johnson was elected this year. Plus almost all the criminal are from the suburbs and committed the crimes in the suburbs. Don't see how you can pin this on any Chicago mayor.
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Old 09-24-2023, 01:28 PM
 
5,072 posts, read 2,202,962 times
Reputation: 5159
Quote:
Originally Posted by Xalistiq View Post
As a native Chicagoan, it really is devastating to watch the decline and destruction of the city I once loved. I just can’t understand how natives continue voting for “progressive” politicians who are actively undermining the city and its residents with anti-business, pro-criminal policies.

The entire situation feels hopeless and as the though Chicago is well on its way to becoming the next Detroit.
Impossible to argue with any of that sadly. And I mean my god this city sure loves to be on the national news endlessly! And never for anything good!

For the last 3 years I cannot even get anyone I know to come into the city from the burbs, and these people ALWAYS came here.

They are all scared to death now.

And my friend from Florida who would visit all the time and was seriously looking to move here he loved it so much. Even he is talking now about cancelling his upcoming visit after seeing everything that is happening here now! And it will cost him a lot of money if he does back out, but he too now is extremely worried!
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