Opinion: Auto And Bank Bailouts Prove Effective
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
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On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
The media keeps suggesting that the racism regarding candidates has to do with whites not wanting to vote for a black man, even though Barack Obama won a presidential election with a great amount of white support in 2008. What the media isn't talking about is the NBC-Wall Street survey results which say that there are basically no black supporters for the Caucasian candidate, Mitt Romney, in 2012.
Mitt Romney seems to be drinking the same Kool-Aid as some of his nuttiest supporters. Mitt Romney is silent... and occasionally joins in as his endorsers make increasingly outrageous statements against the president.
The most ridiculously annoying aspect of the Democratic political run for offices in 2012 is the incredibly long line of leftist millionaires who continually spew extreme hate and venom on the wealthy. Beyond having to "share the wealth", now Democrats are saying it's "never get the wealth".
The early returns are in and, according to the Neilson rating company, the Democrats beat the Republicans... and the NFL.
The Republican and Democratic National Conventions of 2012 – yawn-per-yawn – have to be the most uninspiring political conventions in recent history.
Commonly referred to as "what goes around, comes around', the Republicans are finding plenty to take shots at as the Democrats conduct their week in the 'often dubious' political spotlight called "the Convention".
Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!
Sitting in the Time Warner Cable Arena last night I was struck by how different the Democratic National Convention was from the Republican event last week. Unlike the Republicans in Tampa, Democrats focused on the fight to preserve the middle class and the American Dream.
What a difference four horrendous years makes. Thinking back to the Democratic National Convention of 2008 and now seeing what's going on in Charlotte, North Carolina this week at the Democratic National Convention of 2012 shows stark differences. The Democrats have no star power and pale in comparison to the Republicans' star-packed convention in Tampa.
Instead of getting rowdy at a demonstration or protest regarding the lack of jobs throughout the country, people can voice their discontent with the nation's current unemployment rate on this Labor Day by simply placing an empty chair in their front yard.
Last night, Clint Eastwood produced the most bizarre and uncomfortable moments in modern convention history. If Mitt Romney cannot get his campaign right. If he cannot even get the things that he can control right, how can he make the case that he can run the country?
As the media positively and glowingly report high-profile presidential fundraising events for President Barack Obama and the Democratic National Committee, they report on GOP presidential candidate Mitt Romney's and the Republican's big-dollar fundraising gatherings in and around Tampa, Florida during the Republican National Convention with total suspicion and even worse.
When Mitt Romney cracked a joke about nobody having to check his birth certificate to know that he was born in Michigan on Friday, the leftist critics went wild. It was like they were desperate to latch on to anything other than the issues now that the Todd Akin story is already burning out on them.
Our economy is on a slow recovery – slower than anyone wants. But the lack of serious discussion about national security and the world we live in is troubling.
It isn't just Republican Members of Congress that have junk theories they attach to pseudo-science. Kevin D. Williamson, a conservative writer for the National Review, thinks based on their offspring, genetics and "evolutionary biology" Barack Obama should have ovaries and that Mitt Romney should owns him in this election, "Like a Boss".
The White House Press Corps members finally got the White House Press Conference they've been shouting for. And they only have themselves to blame for letting Obama turn much of it into a campaign speech by the questions they did and didn't ask.
With President Barack Obama's Vice President Joe Biden messing up more and more on the campaign trail as time passes, rumors of Biden being sent home to Delaware for good have abounded since last Friday. Will Hillary Clinton step into his place to save the White House for Obama and the Democrats?
If you know you're not going to blindly support the "left" in this coming election, see the movie '2016: Obama's America'. But, fair warning, it's disturbing – and quite frightening – to say the least.
Yesterday the Obama administration put in place provisions of the DREAM Act that brought many young people out of the shadows to participate in the American Dream. On the same day a judge in Pennsylvania let stand what may be the most egregious attempt at voter suppression in a generation.
The fact that Joe Biden is only a heartbeat away from the presidency should not only scare the hell out of every American, it should be reason enough for the Romney-Ryan ticket to win the 2012 election by a landslide.
Being president does not give a person license to disrespect opponents, and the disrespect and intolerance from Obama when a different opinion is expressed has been atrocious.
After months of criticism and complaining President Obama finally reacts to the horrific crime rate and record-breaking murder rate in Chicago.
President Obama returned to Chicago on Saturday doing well in the polls but now trailing Republican Mitt Romney in raising campaign cash.
Wishing a pink slip on anyone during these economic times may be harsh, but for saying that Romney's Romneycare in Massachusetts would have saved Soptic's wife and drawing conservative ire across the country, Andrea Saul deserves it.
The Atlanta Braves beat the Chicago Cubs 5-2 on Tuesday night in the opener of a three-game set between the National League's top teams.
Chicago has come from behind in nine of its 20 wins. Kansas City has lost four of six following a five-game winning streak.
Per the policy, whoever finds the lost animal is advised to take it to the city shelter. Stray animals or surrenders will no longer be accepted at police stations in most cases.
While most efforts to combat domestic violence focus on victims, survivors and breakdowns in systems meant to protect them, one Cook County program is shifting the work to the abusers and breaking the cycle of violence.
Staff and trained volunteers steer specialized bikes for any Caledonia Senior Living resident who wants a ride.
President Trump said Americans' financial situation isn't motivating him to make a deal, "Not even a little bit," and that he is only focused on preventing Iran from getting nuclear weapons.
A month after Mayor Brandon Johnson vetoed an attempt to halt any future scheduled pay hikes for tipped workers in Chicago, the City Council advanced a compromise to instead pause those raises for two years.
The operator of the Dali, a container ship that lost power and slammed into Baltimore's Francis Scott Key Bridge in 2024, killing six people, is facing federal charges.
Democratic National Committee officials visited Chicago on Monday as the city made its official bid to host the party's 2028 convention – a rare move after having just hosted the event in 2024.
A nonprofit group is suing to block the Trump administration's blue resurfacing of the Reflecting Pool in front of the Lincoln Memorial.
Chatham residents say they're losing a vital resource as Walgreen's prepares to close its store near 86th and Cottage Grove.
According to AAA, the average price of a gallon of regular gas in Chicago was $5.17 on Friday, up from $3.75 a year ago.
Peoples Gas and North Shore Gas Company customers are likely to see minor credits on their bills for the next three years, thanks to a $125 million settlement agreement announced Thursday by Illinois Attorney General Kwame Raoul.
Chicago gas prices are spiking as the war with Iran drags on, with regular gas nearing $6 in some spots and premium already selling for more than $7 in some places.
In the legal venue of anti-trust enforcement, the state is not taking on the Trump administration, but rather filling a void that state officials say the Trump administration has vacated.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Thirty years ago, Advocate Children's Hospital created a specialized team to transport the smallest patients to get life-saving care. On the anniversary of the Neonatal Pediatric Transport Team, they unveiled some a new ambulance.
U.S. prosecutors allege a man with multiple aliases used the name of the famed Astor family to scam a Mexican billionaire out of $450 million.
Thousands of people marched from the West Loop to Daley Plaza in downtown Chicago on Friday for May Day, with activists calling for workers' rights, stronger labor protections, and increased school funding.
A $170 million-plus plan announced this week will redevelop the Water Tower Place mall on the Magnificent Mile.
The Holiday Club in Chicago's Buena Park neighborhood will soon be going out of business, as the building that houses the popular bar is set to be torn down.
At a meeting on Tuesday, the Lincolnwood Village Board approved a pre-development agreement with the mall, providing a roadmap with the property owner for further preparations and government approvals for redevelopment.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Some youngsters got a behind-the-scenes look at the magic of making opera Sunday at the Lyric Opera of Chicago.
Matt DeCaro, an actor who was a familiar face on the Chicago stage for many years, died this weekend.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Tickets for the 2026 Ravinia Festival season went on sale Thursday morning.
Stray animals or surrenders will no longer be accepted at police stations in most cases, and neighborhood rescues are no longer an option for officers.
They say drinking beer increases body temperature, the amount of carbon dioxide we exhale, and changes body odor. All those things can make you more attractive to mosquitoes.
The peacocks are garnering a mixed reaction, with some residents saying they feel intimidated, while others say they add to their town’s charm.
The weather is getting warmer and that's good news because we all get to enjoy the outdoors, but that also creates concern for ticks.
At the end of the week, temperatures get warmer, more summer-like in the 70s and 80s, with more rain showers and storm chances. Chief Meteorologist Albert Ramon is tracking the latest in First Alert Weather.
The Illinois Department of Public Health said it is investigating a potential case of hantavirus in an Illinois resident, that they said is not linked to the deadly cruise ship outbreak.
While most efforts to combat domestic violence focus on victims, survivors and breakdowns in systems meant to protect them, one Cook County program is shifting the work to the abusers and breaking the cycle of violence.
Per the policy, whoever finds the lost animal is advised to take it to the city shelter. Stray animals or surrenders will no longer be accepted at police stations in most cases.
Staff and trained volunteers steer specialized bikes for any Caledonia Senior Living resident who wants a ride.
Chicago police are warning of a string of armed robberies, some involving unauthorized charges made on victims' phones.
People in Lincoln Park and Lakeview have rallied against a plan to build a new industrial ComEd electrical substation in their neighborhoods, pushing local and state leaders to get involved.
Monday marks one year since Illinois enacted Karina's Law — legislation aimed at taking firearms out of the hands of people accused of domestic abuse.
Tenants at a South Shore apartment building said they've noticed their rent fluctuating by hundreds of dollars a month due to a change in how their utility billing system is set up.
A man from the Chicago suburbs lost $69,000 of his savings to a scam by a thief using an AI-generated U.S. Marshals badge to intimidate him.
Illinois lawmakers are trying to decide what should happen when artificial intelligence leads to serious destruction or even death, and two of the most influential AI companies in the world are backing opposing state bills trying to answer that question.
The Atlanta Braves beat the Chicago Cubs 5-2 on Tuesday night in the opener of a three-game set between the National League's top teams.
Chicago has come from behind in nine of its 20 wins. Kansas City has lost four of six following a five-game winning streak.
One of the best high school softball pitchers in the state takes the mound of a small school just south of Chicago.
It's on to the Grand Rapids Griffins, a team Wolves' head coach Spiros Anastas used to work for.
It's been quite a week for Bryson Graham—being hired as the new executive VP of basketball operations on Monday, to landing the No. 4 overall pick in the draft.
One person was killed and two others were seriously wounded in a shooting late Friday morning in the Greater Grand Crossing neighborhood on the South Side of Chicago.
Police across Chicago and the northern suburbs were investigating a string of overnight smash-and-grab burglaries targeting businesses.
A teenager has been charged with shooting and killing his father inside their home in southwest suburban Oak Lawn following an argument on Monday.
The Mexican navy helped rescue shipwrecked sailors and retrieve bales of illicit drugs that had been dumped into the ocean.
A man was killed on Tuesday night in a shooting less than a block from an elementary school in the West Englewood neighborhood.
