Ill. Policy Institute: Is Capitalism Doomed?

Institute Featured on “The Daily Show”
In case you missed it, John O’Hara, our vice president of external relations, appeared on Jon Stewart’s show to discuss the meaning of the nationwide tea parties and more. You can watch the full interview, which aired on Comedy Central, here.
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Ill. Policy Institute: Is Capitalism Doomed?”


Ill. Policy Institute: Can we turn Illinois around?‏

A New Jersey Twist
“The best reality show on television today isn’t running on MTV,” William McGurn wrote in yesterday’s Wall Street Journal. It’s in the New Jersey state capitol, where Gov. Chris Christie is leading a dramatic campaign to make the state government live within its means. You can watch Gov. Christie discuss his dramatic attempt to turn New Jersey around here.
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Ill. Policy Institute: Can we turn Illinois around?‏”


Illinois Policy Institute: Baby Steps

Rod…You’re Fired!
He put up a valiant effort, but alas, our embattled ex-governor Rod Blagojevich ultimately couldn’t hack it in Donald Trump’s New York boardroom. In case you’ve missed it, you can watch Blago’s “Celebrity Apprentice” dismissal here—and you can watch Rod’s earlier antics on the show (including getting mistaken for Donny Osmond) here.

In Case You Missed It…
The Institute earned a shout-out in today’s Wall Street Journal editorial, “In Praise of Illinois” (and yes, you read that headline correctly). Click here to read the Journal’s take on Springfield’s recent “baby steps” to pension reform, complete with perspective from our executive vice president Kristina Rasmussen.
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Illinois Policy Institute: Baby Steps”


Ill. Policy Institute: Working for the man‏

A “First Step”
If you thought the passage of the expansive new health care bill was a pretty big deal, you might want to hold on to your hat. On the “Today” show, President Obama recently told Matt Lauer that it was simply a “first step.” You can watch by clicking here.

Workin’ For the Man…
Each year, the Tax Foundation releases the dates of Tax Freedom Day, which reveals how many days of the year we spend working to pay off state, federal, and local taxes. Here in Illinois, it falls on Sunday, April 11, meaning we work 101 out of 365 days just to pay taxes. Ouch.
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Ill. Policy Institute: Working for the man‏”


Fox News Chicago Digging Deeper on Illinois Pension Mess

-By Warner Todd Huston

My friend Lennie Jarratt was featured on Fox News Chicago last night. The subject was the $85 billion dollar deficit that the Illinois finds its public employee pensions confronted with. Fox News reports that every Illinois citizen would have to fork over $6,600 to instantly solve the problem. And what has caused this problem? Unions.

Lennie has some great lines in this piece and he’s right on. He is right that education in America has become “legalized theft.” Here are some of his main points:

  • Getting a public sector job is like hitting the lottery
  • The way schools levy is legal theft
  • We have the highest property taxes in the Midwest
  • Nearly all of the top 50 public sector pensions in IL are educators
  • Killing jobs and forcing people to leave the state further cutting state revenue
  • Within 4-6 years most public sector retirees are making more than when working

Illinois isn’t the only state in this union-made morass. Nearly every state in the union is in this mess.
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Fox News Chicago Digging Deeper on Illinois Pension Mess”


Illinois: Landmark School Choice Bill Could Get Vote Soon

From the Illinois Policy Institute…

SB 2494 passed out of committee just moments ago. This bill, sponsored by the Rev. Sen. James Meeks, would create a pilot school voucher program for students in struggling Chicago public schools.

This new power for parents promises that many children can enroll in schools that are better able to meet their needs. It promises that surrounding public schools will improve, and it promises that everyone in Illinois, as taxpayers, will benefit.

This is landmark school choice policy in the making.
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Illinois: Landmark School Choice Bill Could Get Vote Soon”


Ill. Policy Institute: 33%!

The Tax Drumbeat Begins
There’s no debate that Illinois is a financial disaster—and in yesterday’s state budget address, Governor Pat Quinn proposed his preferred solution: a 33% income tax increase, plus increased spending. Institute CEO John Tillman appeared on Chicago Tonight to talk about Springfield’s real problems—and solutions that don’t involve emptying taxpayers’ pockets.
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Ill. Policy Institute: 33%!”


Ill. Policy Institute: Fifty Plus One‏

Fifty Plus One
As nationalized health care teeters on the brink in Congress, it’s worth looking back at President Obama’s previous statements on the “fifty plus one” strategy. You might be surprised to learn that he wasn’t a big fan of it back then—but then again, you might not. You can click the video above to watch.

Common-Sense Reforms for 2010
Illinois is in a fiscal meltdown—so how can we begin to right the ship? Today, the Illinois Policy Institute released its 2010 Economic Reform Agenda, a series of common-sense reforms for our state. You can learn more about the six first steps to better state government here.
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Ill. Policy Institute: Fifty Plus One‏”


Ill. Policy Institute: Jake Gets Out of Jail‏

Going Nuclear
What a difference five years makes. Back then, when Republicans were toying with the notion of ramming a bill through Congress, it was a “naked power grab” and a constitutional crisis. Today, however, such a move is apparently okey-dokey. You can watch the painful evidence by clicking on the video above.


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Ill. Policy Institute: Jake Gets Out of Jail‏”


Illinois School Choice—and the Institute—in the Wall Street Journal‏

In case you missed it, today’s Wall Street Journal carried an excellent column highlighting the efforts of the Illinois Policy Institute and the Rev. Senator James Meeks to promote a school voucher program—a program that will give families stuck in Chicago’s worst schools a chance for a better education and a safer learning environment.

The venue was a sold-out lunch put on by the Illinois Policy Institute (IPI). The result? Something new in Windy City politics: a powerful black Democrat reaching out to a free-market think tank to force reform on the city’s most hidebound institution—the Chicago public schools…

A few years back, Barack Obama named him someone he looked to for “spiritual counsel.” Now the man they call “the Reverend Senator” has done the unthinkable: He’s introduced a bill to provide vouchers for as many as 42,000 students now languishing in Chicago’s worst public schools. He tells me he thinks he can get enough Democrats on his coalition to get it through.

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Illinois School Choice—and the Institute—in the Wall Street Journal‏”


Ill. Policy Institute: Getting Rich…off Taxpayers‏

Every time the government gets bigger, someone’s getting rich…but it certainly isn’t taxpayers, entrepreneurs, and consumers. Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama lambasted on the campaign trail—are profiting handsomely from the big government policies now dominating Washington.

Join us on Wednesday, February 24 for an evening with Tim Carney, Washington Examiner columnist and author of “Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses.”

Date: Wednesday, February 24
Time: 5:30-7:30 pm
Place: 190 South LaSalle Street, 40th Floor, Chicago
Cost: $30 per ticket (includes drinks and appetizers)

LA Times columnist and bestselling author Jonah Goldberg calls Obamanomics “an indispensable field guide to the Obama years.” Join us on the 24th to learn more. Books will be available for sale and signing at the event.

For more information or to RSVP, contact Katie Truesdell at 312-346-5700, ext. 207 or katie@illinoispolicy.org.


NYT Article: Tea Partying in Chicago

-By Warner Todd Huston

The NYT had a nice write up on Chicago’s own American Liberty Alliance and its leader Eric Odom. This piece also discusses several other conservative efforts in and around Chicago. Groups like Hartland Institute, the Sam Adams Alliance, and Ed Lasky’s American Thinker also based out of Chicago.

It is interesting to note that some very strong conservative ideas are coming out of this bluest of blue states where politics is rough and disassociated from any control by voters. Odom makes that point, too, when discussing his move here from Nevada.

“You come from Nevada, where you have the entire Legislature on your cellphone,” Mr. Odom said. “It is a small government compared to here, where it is all union-run and it is a huge bureaucracy, and there is no way you’re going to get meetings with anybody.”

But there is hope, folks. With people like Ed Laskey, Odom and groups like the ALA, Sam Adams Alliance, Illinois Policy Institute, Illinois Alliance for Growth, and The Heartland Institute, as well as the local chapter of Americans for Growth we do have a fighting chance.
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NYT Article: Tea Partying in Chicago”


Illinois Policy Institute: 6 Percent

Not So Stimulating
One year after the infamous $787 billion American Recovery and Reinvestment Act, how’s that much-touted economic stimulus working out? According to even the most optimistic reports, not so well, and only 6 percent of Americans believe it has created jobs. ABC News has a quick summary of the gigantic government spending blowout and its long-term impact—or lack thereof—on jobs.

Who’s Getting Rich From Big Government?

Join Us Next Thursday…
Speaking of government largesse, we’ll be hosting “Obamanomics” author Tim Carney next Thursday evening for an evening of cocktails, appetizers, and engaging discussion. Bestselling author Jonah Goldberg calls Carney’s book an “indispensable field guide to the Obama years”—RSVP today to save your seat!
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Illinois Policy Institute: 6 Percent”


Ill. Policy Institute: Fishy Business?‏

Institute Releases Piglet Book
When the state government is flat broke, should it be funding fishing demonstrations? How about car racing, folk dancing, or a Batman-themed gala? This week, the Illinois Policy Institute released its 2010 Piglet Book, highlighting $350 million in questionable state spending. Access the full report here, or watch John Tillman dish out the porky details on Fox News Chicago by clicking the video above.
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Ill. Policy Institute: Fishy Business?‏”


Watchdogs Release 2010 Illinois Piglet Book (Wasted Taxes)

(Chicago, Illinois) – The Illinois Policy Institute and Citizens Against Government Waste (CAGW) today released the 2010 Illinois Piglet Book (.PDF FIle), a report finding $350 million in lost savings, challenging the myth there’s no fat in the Illinois state budget. The report reviews state spending on education, health and human services, natural resources, agriculture, the arts council and economic development. In 2008, the Institute and CAGW released a 2008 Illinois Piglet Book, which uncovered hundreds of millions of dollars of wasteful spending. Two years later, the wasteful spending continues. Here are a few examples:

  • $6,500 for a tub of live bass. The state paid for fishing seminars and demonstrations using a 4,000-gallon, 40-foot long tank filled with live fish.
  • $10,000 for a Hollywood gala. Your tax dollars funded a star-studded party for “Dark Knight” director Christopher Nolan.
  • $78,066 for quail promotion. The state is funding Quail Unlimited, which is “dedicated to the wise use and management of America’s wild quail, doves, upland game birds and other forms of wildlife.”
  • $353,165 for car racing. The state is funding Raceway Associates, which partners with big-time races like the Indianapolis 500 and the Daytona 500, as well as a massive construction grant for Atkinson Motorsports Park in northwestern Illinois.

“The 2010 Illinois Piglet Book identifies more than $350 million in unnecessary and wasteful spending our state leaders have tucked into the budget,” said Illinois Policy Institute CEO John Tillman. “Springfield has a spending problem, not a revenue problem – and these numbers just scratch the surface. It is clear the appetite for spending must be curtailed if we are going to solve our budget crisis.”
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Watchdogs Release 2010 Illinois Piglet Book (Wasted Taxes)”


Illinois Policy Institute: Far from Over?‏

Extra Innings
The Illinois primary season was long and hard-fought…and now, according to some sources, it may go into extra innings. The Chicago Tribune’s Rick Pearson offers his assessment on the potential of a recount vote in the video above.

One Nation, Indivisible…Deep In Debt
Join the Institute on Monday, February 8 at Chicago’s Union League Club! We’re cosponsoring a lunch and discussion with David Walker, former comptroller general of the United States and the nation’s leading financial watchdog. You can learn more about the event here, or read Heather Wilhelm’s latest Examiner column about Walker’s message—and the U.S. debt debacle.
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Illinois Policy Institute: Far from Over?‏”


Ill Policy Institute: Supremely Inappropriate

Scolding the Supremes
If you missed last night’s State of the Union address, you missed one particularly colorful moment: the president scolding the entire Supreme Court. You can watch the whole awkward run-in between the two branches of government by clicking HERE..

“Radical” Policies…or Common Sense?
A mother wants to send her son to the best school in her neighborhood, but that school happens to be private. Does that make her a radical parent? Of course not—and vouchers can make it happen. In his latest column, Collin Hitt details how this “radical” policy could be coming to Illinois soon.
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Ill Policy Institute: Supremely Inappropriate”


Ill. Policy Institute: Vouchers and the Future of Education in Illinois

Public schools in Chicago are failing, and sadly, they’re not alone—across the country, inner-city schools are languishing and leaving students behind.

Many cities have experimented with the policy of school vouchers, which can give low-income parents the ability to send their children to private schools. The idea is now being considered in Illinois, led by a proposal from state senator James Meeks.
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Ill. Policy Institute: Vouchers and the Future of Education in Illinois”


Illinois Alliance for Growth Begins Challenges to Think Tanks Claims on Pension Borrowing Scheme

From the Illinois Alliance for Growth

Will the State Republican legislators and candidates who want to borrow nearly $20 billion for pensions please come forward?

Illinois Alliance for Growth President Greg Blankenship today called on Republican legislators, gubernatorial candidates and candidates for other state offices to come forward if they are truly interested in a state pension reform scheme that borrows nearly $20 billion today in exchange for 35 years of state government living on a “…strict diet…” of spending.
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Illinois Alliance for Growth Begins Challenges to Think Tanks Claims on Pension Borrowing Scheme”


Illinois Policy Institute: About Those Attacks on Our Pension Idea

This week, we released our Pension Funding and Fairness proposal, which offers a groundbreaking solution to our state’s growing pension funding crisis. Our proposal provides a path to fund the system, which now faces a whopping $83 billion in unfunded liabilities, without breaking the bank.

Our plan has received considerable media attention—and some criticism. Greg Hinz of Crain’s Chicago Business summed it up well. The Institute “rolled out its vision of how to close an $80-billion-plus gap in Illinois’ employee pension plans,” he wrote, “and, though portions will offend just about everybody, it’s worth a look…This is a serious report that offers a good starting point for some much needed discussion.”
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Illinois Policy Institute: About Those Attacks on Our Pension Idea”


Dueling Illinois Policy Groups: IAFG Smacks Around the IPI

-By Warner Todd Huston

The Illinois Policy Institute recently released its recommendations for how Illinois could fix its pension mess. Titled the Pension Funding and Fairness Act, the IPI assures the state that this is the answer to its pension problems. Despite that assurance, another Illinois policy group begs to differ. In an Illinois policy group head-to-head smack-down the Illinois Alliance for Growth* has published a critique of the IPI proposal resulting.

One of the proposals in the IPI plan is for Illinois to borrow $20 billion to tide the pensions over while the state legislature makes the needed adjustments to the pension laws. IPI Director Jim Tillman is saying that his plan is a case of “responsible borrowing” a claim that the IAFG finds risible.
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Dueling Illinois Policy Groups: IAFG Smacks Around the IPI”


Ill. Policy Institute: Eight Big Obama Whoppers?‏

The national health care debate continues, but as of now, it’s behind closed doors. CSPAN wants transparency. Sounds pretty reasonable, right? President Obama certainly thought so on the campaign trail. Will he let the cameras in for full, comprehensive coverage of the debates, or renege on his transparency pledge? Stay tuned.


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Ill. Policy Institute: Eight Big Obama Whoppers?‏”


Ill. Policy Institute: Santa’s Bringing….Dog Food???‏

What went into Congress’s latest $1.1 trillion spending bill? A $9.3 million bailout for the Windy City’s favorite financial black hole, the CTA (which runs deficits every year) and $340,000 to buy property no one wants. Kristina Rasmussen, our executive vice president, weighed in on Fox Business News last week. You can watch by clicking the video above.

Funding Four-Legged Friends
Does your neighbor have eleven cats? Just one dog? An ornery little hamster? If so, you may soon be funding these four-legged friends—that is, if Michigan Republican Thaddeus McCotter has his way. McCotter has proposed a $3500 tax credit for, yes, people’s pets. You can watch John Tillman discuss the issue tonight at 5:00 on CBS 2 Chicago.
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Ill. Policy Institute: Santa’s Bringing….Dog Food???‏”


Ten Ways to Stop Illinois Corruption

-By Warner Todd Huston

Jerry Agar is a Chicago area radio host and a member of the Illinois Policy Institute, a free-market centric policy center. Agar also has a column on the IPI website often centered around a list of one type of another. Today’s piece is titled, “10 Ways to Stop Political Corruption in Illinois.”

He begins:

Since 1970, more than 1500 individuals have been convicted, and the cost to Illinois taxpayers is estimated at $500 million a year. If we had that money back, instead of just watching an endless perp-walk, we would be in much better shape on several levels.

Agar goes on to list his ten points, but most of them seem to have an aspect of government transparency to them — such as number ten, “Appoint the Sunshine Commission”

Now, I have to say that I agree with an effort at state transparency. DuPage County has done a fantastic job putting all its business transactions, funding, and accounts online for everyone to see. This sort of thing can lead to two things. One, that govt officials might feel less likely to waste and steal tax money if their accounts are so easily discovered by the voters, and two… well, two is that the voters can see what their government is doing.

Still, transparency is not the only thing we can and should do to clean up government. We, the voters, need to be far more careful of who we vote into office in the first place. Being an informed voter is even more important than transparency.
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Ten Ways to Stop Illinois Corruption”


An IPI Christmas: Feeding The Hungry, Bringing Opportunity to Developing Nations

-By Warner Todd Huston

Last night I was invited to attend a Christmas get together sponsored by the Illinois Policy Institute. This year’s theme was feeding the hungry in Africa and bringing economic freedom to developing nations. We heard some interesting presentations from Paul Wormley of the One Acre Fund as well as Tim Probasco of Opportunity International, both involved with helping subsistence farmers in Africa and India to become self-sufficient and to work toward creating financial success by selling their products at market. Both organizations take different approaches toward the same market oriented goals and both are efforts worthy of support. Best of all both organizations base their assistance on free market principles as opposed to mere charity work.

But, before the serious discussions of hunger in Africa and India and economic assistance to the impoverished began, we were serenaded by a charming group of kids from a local Chicago school operated by the KIPP: Ascend charter school program.


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An IPI Christmas: Feeding The Hungry, Bringing Opportunity to Developing Nations”


$2,821 of Hot Sauce Bought By YOUR Illinois Taxes

-By Warner Todd Huston

Kate Campigne Piercy, director of government reform for the Illinois Policy Institute, recently penned an interesting piece for The Chicago Sun Times that informed us all that the Illinois Commerce Dept. bought $2,821 worth of Hot Sauce during fiscal year 2009.

That’s not all, either.

What’s the need for a typewriter in a computer-centric world? The Illinois Employment Security Department spent $245.80 on a Brother ML100 Typewriter — in addition to $12,176.54 on a Canon Microfilm/ Fiche Printer.

The governor’s office shelled out $20,692.24 on “subscriptions.” The Commerce Department spent $3,770 for golf carts, $280 on soy crayons and $2,821 on hot sauce –all with Illinois citizens’ tax dollars. That must be some good hot sauce.

The good news is… well, some good news, anyway… we can now go to a new website where we can view these wastes of the taxpayer’s money so that we can have the ammunition we need to eliminate this wild spending and hold the politicians responsible to account.
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$2,821 of Hot Sauce Bought By YOUR Illinois Taxes”


ISI: Is Ayn Rand Bad for the Market? Institute in the News‏

From the Illinois Policy Institute:

In case you missed it, Heather Wilhelm, our vice president of marketing and communications, was featured in the Wall Street Journal today. Her article, “Is Ayn Rand Bad for the Market?”, has drawn a tremendous response from both fans and critics. You can read the full article in the Wall Street Journal here. If you’d like to see Heather’s response to the critics of her piece, you can visit our blog here.

Also, last night, the Institute was featured on “The Political Grapevine” on Fox News’ Special Report show. You can watch the feature here, which includes a blog post written by our executive vice president Kristina Rasmussen.