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1,000s Of “Micro-Homes” Sprout Up All Over Bay Area To House The Growing Homeless Population

Roughly one year ago we shared the plans of a billionaire real estate developer in San Francisco who wanted to build communities for the homeless in Bay Area neighborhoods using stackable steel shipping containers (see: San Fran Billionaire Luanches Plan To House Homeless In Shipping Containers).  Not surprisingly, the efforts were met with some resistance […]


Baltimore Residents Losing Homes Amid Crippling Increases In Water Bills To Pay For Crumbling Infrastructure

With its surging violence and failing public schools, being a Baltimore resident these days doesn’t seem to be that enticing a proposition.  Unfortunately, crumbling water infrastructure is only adding to the agony of residents that occupy what increasingly looks like a failed city.  As The Baltimore Sun notes today, a new study conducted by economist […]


What Went Wrong In Charlottesville: At All Levels, Government Is Still The Problem

Authored by John Whitehead via The Rutherford Institute, Corruption. Graft. Intolerance. Greed. Incompetence. Ineptitude. Militarism. Lawlessness. Ignorance. Brutality. Deceit. Collusion. Corpulence. Bureaucracy. Immorality. Depravity. Censorship. Cruelty. Violence. Mediocrity. Tyranny. These are the hallmarks of an institution that is rotten through and through. We have been saddled with the wreckage of a government at all levels […]


Illinois Eyes 30 Cent Gas Tax Hike, Chicago Faces Yet Another Property Tax Hike

Authored by Mike Shedlock via TheMaven.net/MishTalk, The Illinois legislature is in recess right now. Other than disbanding the body, that's the best place for them. When they return, they are going after your pocketbook in the form a gas tax hike. Not to be outdone, Chicago Mayor Rahm Emanuel is pondering property tax hikes. In […]


Chicago Politician Pushes Ban On Businesses Banning Cash

In July, Visa officially entered the global 'war on cash', adding to a long list of academics, elites, and bankers urging the removal of one of the last freedoms 'for the good of the rest of us'. However, if Alderman Edward Burke has his way, that 'war on cash' will end in Chicago after he […]


Are “Social Justice Warrior Trustees” Accelerating America’s Pension Collapse? (Hint: Yes)

A few days ago we highlighted the reckless efforts of the San Francisco Board of Supervisors to force their city’s pension managers to ignore their fiduciary duties and dump nearly $500 million worth of energy stocks.  Of course, the pressure to sell had nothing to do with financial projections, trading multiples or discounted cash flow […]


CalPERS Slashes Pension Payments To Retirees In Two More California Towns By Up To 90%

While we’ve yet to experience any large municipal pension failures, which is just a matter of ‘when’ rather than ‘if’, the small pension failures sprinkled across the state of California are starting to pile up.  As The Sacremento Bee points out today, public workers in Trinity and Imperial counties are just the latest to have […]


Pay-To-Play: Chicago Tribune Blasts Rahm As Data Reveals 70% Of Donors Get Lucrative City Hall Contracts

What do you get when you combine the most corrupt city in the United States with a mayor that got his political debut serving in the Clinton White House?  Well, according to data presented by the Chicago Tribune today, it may just all add up to the second most sophisticated ‘pay-to-play’ operation in history…you know, […]