Why sanctions against North Korea are causing pain in China
This global PMI doesnt look too unhealthy...
One-size-fits-all’ threshold for P values under fire:
Uber, reviving old tactic, is backed by more than 500,000 in London row
The best gear for going back to school
How Much Does A Nigerian Senator Earn? #Nigeria
Swiss vote on plan to save pensions
King OPEC has lost its crown via @gadfly @JLeeEnergy #OOTT
A Colombian cartoonists take on Angela Merkel
German vote to be defining for Greece
MPS to debate gender identity bill
Education study for OECD survey points to serious flaws
#Bangladesh imposes mobile phone ban on #Rohingya refugees
How one rural farming town illustrates the secret to #Merkels sucess #GermanyDecides #BTW17
Trump tweets threats against N.Korea after U.N. speech
Mario Draghi on youth unemployment, at Trinity College Dublin
UNC mens basketball team wont visit Trump White House
Long lines at palace in #Bangkok to pay tribute to late Thai King ahead of closing of hall
Its ELECTION DAY - heres everything you need to know
When Smart Cities Become Digitally Insecure
ECB policy normalization cant come quickly enough for the Baltics
A photo of the Podemos assembly on the Catalan crisis. About 150 people. Via @lodiesan
Land OLakes, Inc. announces finalists for drone challenge
#GermanyDecides: Follow #GermanElection live on TV and the Internet @DeutscheWelle from 16:00 CET. #BTW17
A German airplane hijacked in 77 has finally been returned
Trump tweets threats against North Korea after U.N. speech
What you need to know about the German electorate #GermanyDecides
Car bomber hits #Nato convoy in #Afghanistan, wounds 5 civilians
About 75 Million Nigerians Are Illiterate - Govt: #Nigeria
Dassie the Dogs Barks for Help Lead to Unusual Mountain Rescue: #SouthAfrica
New bank resolution regulations may be doing more harm than good #BRRD #MREL
John Legend: Trump is only loyal to white supremacists and Putin
No, its not the German press... #Greece ‘s front pages today #BTW2017
GDP per capita in #EURegions compared to the EU average
THIS is the most important personality trait for online daters
Why todays German election is anything but boring #GermanyDecides
Why Having a Bad Job Is Worse for Your Health Than Having No Job at All:
Argentine artists produce song to demand Santiago Maldonados return
If your iPhone 8 breaks, good luck replacing that glass back
India Markets Weekahead: Sandwiched between Kim and Trump
Turkey extends troops deployment in Iraq and Syria
How to open your messed up files
Why you should buy a TV antenna. Yes, really. @DanielHowley
Tom Hurt attaches tiered white pods with plywood core to Austin house:
Martin Schulz, luckless challenger shadow-boxing Merkel
French police evacuate 200 in Lille over car with gas cylinders
How a Canadian business program is incorporating the humanities, by @JonMarcusBoston:
#Earthquake magnitude 4,3 - 35,5 km from #Talca - #Chile
@BTabrum Winning comment.
Port Tampa Bay green lights plan for $60m expansion of Big Bend Channel
What Houston can learn from New Orleans about recovering affordable housing after a disaster
Imminent eruption from Bali volcano - thousands evacuated
Amazon affiliate to buy $27.6 million stake in Indian retailer Shoppers Stop
#StevieWonder kneels as he leads anti-poverty concert
Here’s where Germany’s election will be won or lost via @EddieBuckle
Portland Comms spells out British political reality
Here’s where Germany’s election will be won or lost via @EddieBuckle
Heres how German companies secretly donate money to political parties #GermanyDecides
These National Geographic photography winners make hearts go boom
Kaepernick’s mom hits back at Trump: Guess that makes me a proud b-tch!
Puerto Rico evacuates thousands as dam threatens to breach
New Zealand dollar in for more volatility with new government still unclear
Nigerias Dangote Banks on Agriculture to Blow Up #Nigeria
From the archive: Forecasters: Hurricane Maria Could Get Stronger
New Street Art by D*Face in LA
Opinion: How Donald Trump’s visit can make China and the US great again
September 24th, 1877 - The final battle of the Satsuma Rebellion took place (The Last Samurai battle).
Why Amazon should build its new HQ in Newark @amandafung
Amazon affiliate to buy $27.6 million stake in Indian retailer Shoppers Stop
Thai junta leader, backers fuel suspicions of plans to stay in power
Updated: Every game available for Nintendo Switch
US opioid crisis: 41 states to investigate big pharmas role
#Earthquake magnitude 4,6 - 32,4 km from #Ica - #Peru
Iran has tested a new missile despite US warnings
Nam Seng Wai, Yuen Long, #HongKong. #travel #sunday #weekend
Merkel heads for German poll win, hard-right AfD for first seats
[BAROMETRE IFOP-JDD] Popularité : Macron inverse la courbe et gagne cinq points
Trump, North Korea leaders trade increasingly threatening insults
Maxine Waters thanks LeBron James: Trump is a bum and a disgrace
German elections: Polls open as Angela Merkel expected to win fourth term as chancellor
On Benjamin Barber: Cities, democracy, and global governance
Germany: Voters head to polls in Berlin as Federal Election gets underway
Religious conflicts are on the rise in Africa
Tweedle Don and Tweedle Dee. @roweafrs latest cartoon. For more: #auspol
After a stretch of cool weather in the Northwest, warmth will return later in the week:
Chinas banking system wont collapse, former bank director says
Merkel seeks fourth victory as Germans vote in federal election via @EddieBuckle @patrickjdo
Clash of political views in USA -The Absurdities Mount:
Secret Spy Satellite Launches Atop Atlas V Rocket
#FreeSpeech - The UKs War On #SocialMedia Is Being Seriously Stepped Up -
Macrons popularity improving: poll
Banksy artworks appear on Barbican walls ahead of Jean-Michel Basquiat exhibition:
Our latest @lpkids family travel snap: hiking lava fields in Costa Rica
Tens of thousands flee rumbling #Bali volcano
#Festival of local shrine going on in my neighborhood. A beautiful #autumn Sunday! #神輿
What is the bodyNET? And more importantly, are we ready for it?
Five rad and random kitchen items I found this week
Germany votes as history beckons for Merkel, and far-right
These apple chips by Nicole Dunai are the perfectly crisp!
Aids Activist David Ross Patient Has Died: #SouthAfrica
#Mexico | Far left candidates tax plan is unrealistic: Citigroup #AMLO
“Show me a hero, and Ill write you a tragedy.” F. Scott Fitzgerald, born September 24, 1896.
Two Minute Money: What is a credit union?
US bombers fly off North Koreas coast for first time in 21st century
Alabama doesn’t care Trump is backing a “swamp” candidate for senate
45° - the perfect angle of 9years tripled accumulation of global central banks assets
#Taleban shut down clinics in southern #Afghan province, official says
In Italy, a 31-year-old populist could be the next PM
Heres what you need to watch before seeing the new Blade Runner
Chile becomes first Latin American country to ban plastic bags
Eating in North Korea: ‘We were being fed a story’  via @FT
.....
Iraqi British architect Zaha Hadid, Messner Mountain Museum, Dolomites, Italy, 2006 #womensart
Funny how the other parties go up and down but Die Linke is glued to 10% (from Wiki)
Please dont cut back ivy at this time of year - its flowers are a vital late season pit stop for pollinators!
Zimbabwean Cop Wins Top UN Peacekeeping Award: #Zimbabwe
The world needs more batteries – this advance might help provide enough of them
Flor Garduño
Is Trump a White Supremacist?
#Kenya police ordered to investigate election officials
The Good Place is still TV heaven, @sophieGG writes:
New Zealand election kingmaker in no rush to pick winner
Jeremy Corbyn Responds to Prime Ministers Speech on Brexit
Why its so hard to kill a fly
#Brexit – Is #borisjohnson Losing The Plot As He Goes To War? :
Hirō Isono (1945-2013) via
#Kabul street scene: Pomegranate. One of natures great gifts!
21 US states targeted by Russian hackers, no votes changed
Buffalo Bills running back: Trump is an asshole
As Britains gambling problem grows, some say a machine is to blame
Strong start gives Casey two-stroke lead at Atlanta
The London Design Festival looks at the future of living #LDF1
LIFTOFF of Atlas 5 and #NROL42! (Gene Blevins/LA Daily News)
Chinese couple runs 4,700km across the country - just to show their love for each other
Catalan police will not accept state rule
Why todays German election is anything but boring #GermanyDecides
Imminent eruption from Bali volcano - thousands evacuated
Can the Fed unwind without unnerving markets?
Hopes for Mexico quake survivors dim as search enters sixth day
Germany votes in key national elections
Soccer: Ceballos double enough for unconvincing Real
The factories of the future could float in space
3 hard decisions about aging you must make before someone does it for you
Germans head to the polls today for the countrys federal elections
North Korea isnt the biggest problem in the world @MichaelBKelley
Why do people deny the science of climate change? @nytimes
Does clean energy help or hurt the economy? @nytimes
Key facts about Asian Americans, a diverse and growing population
Climate change is complex: some answers to some questions @nytimes
How do we know humans are responsible for the increase in CO2 @nytimes
Tea, tofu, ships and shops: how to spend a layover in #Taipei #travel
Man vs machine #fintech #insurtech @FinancialXpress #AI #MachineLearning
A German airplane hijacked in 77 has finally been returned
House-shaped opening cuts through Belgian school of architecture by Aires Mateus:
New Zealand election kingmaker in no rush to pick winner
Trump warns North Korea over nuclear threats: They wont be around much longer
Leveraging Technology to Improve Transportation in Nairobi and Beyond
L.A.s walls have been one of the few places for minorities to tell their side of history
Nigerias Dangote Banks on Agriculture to Blow Up #Nigeria
#ECB 24/09/2017
#ECB 23/09/2017
Flood situation in #Kedah and #Perlis to improve after high tide phenomenon ends
Mesmerising images from #Wildlife Photographer of the Year
AndyMark Merchandise
Swiss voters are going to the polls over food supply
Udacity Robotics video series: Interview with Chris Anderson from 3D Robotics
Soccer: Mignolet saves Vardy penalty as Liverpool beat Leicester
it’s raining Black Widows, um, hallelujah?
From the archive: Suu Kyi: most Rohingya Muslim villages unaffected
Spiegelei: deze handleiding van Ron Blauw uit Sir Edmund van @volkskrant gevolgd en.... hmmmmm...
People who are really serious about software should make their own hardware”- Alan Kay.
The anatomy of a hurricane
Soccer: Coutinho shows why he is priceless to Liverpool
5 Fantastic Organizations Fighting to Protect #EndangeredSpecies #Eco #Animals
Ray Dalio calls #bitcoin a bubble and a highly speculative market
Trump faces intense backlash after attacks on NFL, NBA players
Which jobs will be obsolete in 20 years and which are likely to survive?
Five days on, hopes fade in #MexicoCity quake rescue operations
North Korea responds to Trump — the mentally deranged U.S. Ddotard — and his sanctions
Nuclear watchdog: Earthquakes detected in North Korea were probably not caused by explosions
No.
When Is A P/E Not A P/E, Or How To Turn 90 Into 22 In Three Easy Steps
Soccer: Dybala scores twice against self-destructing Torino
A negative divergence in Financials vs. the yield curve $XLF
Most Americans unaware that as U.S. manufacturing jobs have disappeared, output has grown
KQ Defends Expat Hire to Help CEO Revive Airline: #Kenya
Jeremy Corbyns Speech to Womens Conference
Renters vs. Slumlords: Activists Nationwide Rally for Renters Rights
Three Years After Genocide, Yazidis Face Ongoing Persecution
Students allowed to wear costumes for high school ids and they do not disappoint
The Everything Bubble is about to deflate, and heres proof via @dailydirtnap
Soccer: Man United bid to identify fans who chanted Lukaku song
While younger trees toppled around it, a 1000-year-old oak has survived #HurricaneHarvey!
A Colombian cartoonists take on Angela Merkel
Kobe Bryant: Trump cant possibly make America great again because he inspires hatred
Turkey votes to extend mandate for troops in Iraq and Syria
No matter what crazy stuff Trump is up to now lets keep in mind Puerto Rico really needs our attention and help.
Catalan police will not accept state rule
Deadly aftershock hits Mexico
New Zealand Labour leader says will not yet concede election
English exotica: exploring the Isles of Scilly @jameskay123 #travel
Older millennials are leaving the city for a new kind of suburb @melodyhahm
Deadly aftershock, volcanic ash spread alarm in Mexico
Prominent Muslim Brotherhood leader Mohammed Mahdi Akef dies
Google is using AI to help humans and computers communicate through art
#NorthKorea: Earthquake was a suspected explosion, China says
Top on #tiajobs today: Business Development Manager - Part-time/Full-time at QiVarna
Soccer: Championship front-runners all win as Leeds stay top
.@ExumAM on how Hezbollah will fumble into the next Middle Eastern war
Our Beautiful Planet: Icelands Dettifoss waterfall:
Colour-coding Germany’s election: @OlafStorbeck’s dummies’ guide to coalition games —
#Earthquake magnitude 4,1 - 103,3 km from #Tacna - #Peru
Urban Innovator of the Week: Judy Reese Morse
Does Public Opinion Influence the Decision-Making of a Judge?
Taking #GAAPEarnings At Face Value Puts Investors At Risk $
Let’s welcome the robots — and jobs
Soccer: Barca, Real and Atletico all win in La Liga
Cambridge tops university league table for fifth year in a row
At an average age of 52, the German elecorate has never been this old
4 in 5 Singaporeans unprepared for #terror attack: Poll
Standing firm against hate speech
Robotic ships from Rolls-Royce (not that one) could carry out naval missions without a crew
What is life like for children living inside Iraqs IDP camps?
Trump tweets threats against N.Korea after U.N. speech
Chris Paul: Trump isnt man enough to call athletes a son of a bitch to their face
Lesley Keith relives her experiences with the Spanish health service #Lead #Mallorca
Climate change hits Pacific Island Nations daily
Curious about how dates affect your body? #vegan
How China is bringing down the US dollar @MylesUdland
The #Cuban regime made #HurricaneIrma’s impact far worse than it should have been
Growth Opportunities in Fairtrade Tea  #mrx #podcast
Flash floods destroy thousands of homes in Sudan
A dismaying, disconcerting speech to hear from an American president
9/23/2017 -- Midwest USA / Oklahoma Earthquake as expected -- West Pacific LARGE EQ possible
Barca, Real and Atletico all win in La Liga
NBA star Curry and Golden State Warriors nix White House visit
Hollywood’s newest trick is the September summer blockbuster
The Juggalos have something important to say
The provocative new drama The State considers life inside ISIS, @sophieGG writes
WATCH: #Uber loses license to operate in London. @rickjnewman @AlexisTVNews explain why
WATCH: Stevie Wonder takes a knee for America
Grantee Evan Osnos appeared on the @CharlieRoseShow to discuss North Korea. @eosnos
World leaders have failed refugees. Can ordinary citizens teach them a lesson?
As Maxwell first MLB player to kneel during anthem
Clinton: Women are publicly disrespecting themselves by supporting Trump
#Vietnam rice paper artisans roll with tradition
Todays the day
Ex-NAACP head: NFL players should wear Trumps insults like a badge of honor
Avoid killing your relationship at Ikea with this new app
VIX Non commercial as % of total Open Interest ( combined) is within mean bands not much to report
VIX commercial are long the most while non commercial shorts are at its peak
Will the US pull out of the Iran nuclear deal?
Junk-free humanitarian news and analysis email alerts from @irinnews - SIGN UP here: :
Doomsday sale: U.S. survivalists stock up as disasters roil the planet
New Zealands ruling party ahead after poll but kingmaker in no rush to decide
Guess how many giant patches of garbage there are in the ocean now?
Clinton: Trump has been even worse than I thought hed be
From the archive: German right-wing party on course to enter parliament
#Prayut, backers fuel suspicions of plans to stay in power in #Thailand
Deadly aftershock hits Mexico
New Zealand election ends in stalemate
Happy #btw17 Day, #Germany. #gehwaehlen!
How children learn to lie
LeBron James to Trump: It was an honor to visit the White House until you showed up
Coutinho shows why he is priceless to Liverpool
French leftists and unions protest Macrons reforms
Ex-intel chief: Russian election hacking report cast doubt on legitimacy of Trumps win
Germanys rising right-wing AfD party has an infighting problem, @LA_Hagen reports:
A chocolate and caramel tart you’re sure to go nuts for
The Big Shift: Rethinking Cities in an Age of Intelligent Machines
Changing the World One Plastic Bag at a Time @AIM2Flourish #Aim2Flourish #plasticpollution
NFL commissioner: Trumps divisive comments show a lack of respect for NFL
Why is this man building an army of psychologists in Iraq?
#British restaurant jobs unfilled as #EU workers leave
#Swiss vote on plan to save #pensions
A private solution for China’s zombie company problem? Unlikely
Investors: heed these words and read this list:
US sport stars condemn Trump in row over White House snub and anthem protests
Germany: Young Berliners ponder possible results ahead of Federal Elections
NFL decries Trumps divisive rhetoric on protesting players
Guanabana to lulada - where to find delicious local food in #Colombia: #travel #food
NFL player to Trump: Does anyone tell you to stick to politics?
How Trump boosted his book sales and gamed the New York Times best-seller list:
These jellyfish don’t have brains, but still somehow seem to sleep
Row in Spain breaks out over control of police in #Barcelona
Trump tweets threats against North Korea after U.N. speech
A CEO who writes 7,400 employee birthday cards a year explains the value of gratitude
NFL players union head to Trump: We will never back down from protecting players who protest
Colombian police seize seven Tons of cocaine hidden in fruit
Growth Opportunities in Fairtrade Tea  #mrx #podcast
Two Bitcoin scenarios - one bullish, one bearish (for the moment Im leaning bearish).
NFL star rips clown Trump: How are we disrespectful when you call us son of a bitch
Katy Tur, Unbelievable (with Jake Sherman)
Man talks to water bugs... and they reply the way only water bugs can
In a good relationship? Youre also more likely to take risks that lead to growth.
#DonaldTrump tweets threats against #NorthKorea after UN speech
Trump to cut tax rate for wealthiest Americans after promising he wouldnt: report
Climate Change Just Changed
#Verificado19S: #CentroAcopiio @HuertoRomaVerde . Se requieren #herramientas [22:02 - #CDMX]
English speakers protest in #Cameroon, demand equal rights amid calls for secession
A celebrity listing crashes Japanese exchanges party


Mike Shedlock

Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. He operates the blog MISH'S Global Economic Trend Analysis and believes in the Austrian School of economics.


The Way Chicago “Works”: Graft, Corruption, Political Connections, Bribes, Unions

2 months ago




Those who wish to understand how things work in Chicago need read a single article that ties everything together: Teamsters boss indicted on charges of extorting $100,000 from a local business.

A politically connected Teamsters union boss was indicted Wednesday on federal charges alleging he extorted $100,000 in cash from a local business.

John Coli Sr., considered one the union’s most powerful figures nationally, was charged with threatening work stoppages and other labor unrest unless he was given cash payoffs of $25,000 every three months by the undisclosed business.

The alleged extortion occurred when Coli was president of Teamsters Joint Council 25, a labor organization that represents more than 100,000 workers in the Chicago area and northwest Indiana.

Coli, 57, an early backer of Mayor Rahm Emanuel, was charged with one count of attempted extortion and five counts of demanding and accepting prohibited payment as a union official.

Coli could not be reached for comment, but a statement posted Wednesday on the Teamsters Local 727 website announced he planned to retire at the end of the month after 46 years in the union.

In the statement, Coli said he had decided it was time “to begin a new chapter” and that he wanted to spend more time with his family.

The Coli family has been active in politics for years and is well-known for spreading around union cash to various candidates. Coli and his relatives have also been accused in civil lawsuits in both state and federal court of running the union like a racket — accusations they have vehemently denied.

In a 2011 deposition stemming from one suit, Coli was asked under oath why so many of his relatives were allowed to control the union’s lucrative pension funds. “For the record, go f— yourself,” Coli answered, according to a transcript in court records.

“So I take it you’re refusing to answer that question?” the plaintiff’s attorney asked. “I think the answer speaks for itself,” the transcript quoted Coli as saying.

Coli backed Emanuel in his first run for mayor at a time when Emanuel, viewed as a centrist Democrat, had very little union backing.

The Teamsters contributed $35,000 to Emanuel’s 2011 campaign, including $15,000 for polling. The union stepped up even more to back the mayor’s bid for a second term, contributing $134,700, state campaign finance records show.

Once Emanuel was elected, a representative from the union was appointed to the mayoral transition team, and Coli was named to the exclusive group of campaign donors and community leaders in charge of planning the mayor’s first inaugural.

Two months after Emanuel first took office, the Chicago Tribune detailed how the newly elected mayor had demanded greater accountability and financial sacrifice from Chicago’s labor unions — except for the Teamsters.

In 2003, then-Gov. Rod Blagojevich appointed Coli to the Illinois Tollway board, only to have Coli quickly withdraw his name amid questions about $100,000 in Teamsters campaign contributions to Blagojevich and potential conflicts of interest.

Within a few months, Blagojevich quietly named Coli to two other state boards with less direct impact on Teamsters affairs, the Tribune reported.

In 2005, the Tribune reported the FBI was investigating whether the Coli-led Teamsters siphoned hundreds of thousands of dollars from a union benefit plan that provided dental care to Chicago-area undertakers and valets. That probe had been sparked by an internal union report raising concerns about payments from the plan going to organized crime figures.

No charges were ever filed.

Illinois Governors in Prison

Former governor Rod Blagojevich is now in prison for a 14-year sentence. He was found guilty of 18 counts of corruption, including attempting to sell or trade an appointment to a vacant seat in the U.S. Senate. He faces another eight years in prison after an appeals court upheld the sentence in April of this year.

He was found guilty of 18 counts of corruption, including attempting to sell or trade an appointment to a vacant seat in the U.S. Senate. He faces another eight years in prison after an appeals court upheld the sentence in April of this year.

He faces another eight years in prison after an appeals court upheld the sentence in April of this year.

No other state can match this claim: 4 OUT OF PREVIOUS 7 ILLINOIS GOVERNORS WENT TO PRISON

The way Chicago “works” is the same way Illinois “works”. Corrupt politicians get in bed with corrupt union leaders and screw the taxpayers and businesses as much as they can.

Sometimes they get caught.

Teamster boss Coli just got caught after all these years of extortion. His deals with Mayor Emanuel screwed Chicago taxpayers. Emanuel promised reforms and transparency but reforms and transparency stop once campaign donations are sufficient enough.

Coli said he is retiring to spend more time with “family”. Unless he gets off the hooks, that family must mean his mafia brothers and sisters in prison.

The City That Works

Chicago is nicknamed the “City that Works“.

I was wondering how it got that name. It took some doing, not by me but rather by the Straight Dope for the answer.

The April 5, 1971 issue of Newsweek featured Richard J. Daley on the cover, and inside, spread across two pages, a photo of Daley and his entourage marching eleven abreast on St. Patrick’s Day. Admittedly the headline below this read, “Chicago’s Daley: How to Run a City.” Adjacent to the headline, immediately beneath the photo, the text of the article read as follows:

This is not to suggest, reports Newsweek correspondent Frank Maier, that Daley’s Chicago enraptures every resident or inspires every visitor to leave his heart behind. But it is a demonstrable fact that Chicago is that most wondrous of exceptions — a major American city that actually works.”

The last bit was repeated in an editor’s note at the front of the magazine. Beyond a doubt this article was the vehicle by which “the city that [actually] works” entered common currency. The phrase began turning up in Chicago newspapers by 1972, first appeared in the Washington Post in 1974 and in the New York Times in 1975, and figured in the lead of obituaries nationwide following Daley’s death in 1976.

If by some chance you previously did not know how Chicago and the entire state “works”, now you do.

Mike “Mish” Shedlock