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No Appetite For Reform

No plan, a warning of a massive property tax hike, and still in denial of how big of a problem the city’s finances are. Those were the takeaways from Mayor Lightfoot’s State of the City Address. But is Chicago already in more debt than it can ever possibly pay off? President of Wirepoints.com, Ted Dabrowski joins Dan and Amy to discuss.

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The Math Doesn’t Work

The affluent civil leaders in Chicago would never invest their own money into City Hall but they expect ordinary citizens to give up theirs? How is competitive virtue signaling in Springfield affecting the state’s economy? What will be the watershed moment for city and state politicians? President of Wirepoints.com, Ted Dabrowski joins Dan and Amy to discuss.

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Escaping Illinois' Property Taxes

Illinois' high property taxes are crushing middle and lower income earners. But the problem is even creeping into affluent areas, too, and more and more homeowners are looking for an exit and seeing their home values destroyed – like, say, NBA Hall of Famer Scottie Pippen. On this edition of Illinois Rising, Dan Proft and Wirepoints' President Ted Dabrowski discuss how the state's high property taxes are affecting all homeowners – rich, poor, middle class, famous and not. And they discuss the political status quo that wants to keep it this way.

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State Sen. Dan Biss Takes A Page Out Of Maxine Waters’ Playbook

Maxine Waters' harassment protocol has been adopted by one Socialist IL politician, State Sen. Dan Biss. Why do IL politicians think they can do whatever they want and get away with it? Is this how they treat anyone who gets in their way in continuing to bankrupt the state? Was he emboldened by comments from Maxine Waters or still mad he didn’t win the Democratic gubernatorial race? President of Wirepoints.com, Ted Dabrowski joins Dan and Amy to discuss his confrontation with Biss at a local Panera.

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Connecting The Dots Between Pensions And Property Taxes

Illinois homeowners face some of the highest property taxes in the nation. What's driving them to unaffordable levels? An unaffordable pension system. On this edition of Illinois Rising, Dan Proft and Wirepoints President Ted Dabrowski discuss the soaring property taxes in the collar counties and the extravagant pension payments behind them. They also discuss the uptick in violence in Chicago and what could be done to curb it.

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The Supreme Court Rules For Worker Freedom

In a landmark decision last week, the U.S. Supreme Court ruled in favor of Illinois state worker Mark Janus, protecting his free speech and the free speech of public sector workers across the country. What will the impact be for workers and taxpayers alike? On this edition of Illinois Rising, Dan Proft and Wirepoints President Ted Dabrowski discuss the Court’s decision with Janus’ lead attorney Jacob Huebert of the Liberty Justice Center. Proft and Dabrowski also talk about the economic impact the decision might have. And beyond the Janus case, they discuss the outrageous payments and benefits disgraced members of Mike Madigan’s inner circle are receiving despite sexual harassment allegations levied against them.

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Another Unbalanced Budget For IL

Politicians are patting themselves on the back for passing a budget by the May 31 deadline, but what is really in the bill? Did any lawmakers even read the 1,245-page budget before voting? On this edition of Illinois Rising, Dan Proft and Wirepoints President Ted Dabrowski talk to state Rep. Allen Skillicorn, R-East Dundee and one of the rare 'no' votes on the budget, about the details of the massive spending plan and the process to pass it. Dabrowski also gives his thoughts on how the budget fails taxpayers, and Proft and Dabrowski talk about the delusion of some Springfield lawmakers who think Illinois is on "the right track."

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How Will IL Voters React To More Tax Hikes?

While politicians continue talking about a graduated state income tax, economists at the Federal Reserve Bank of Chicago are now suggesting a statewide property tax, too. Haven't Illinois taxpayers had enough? On this edition of Illinois Rising, Dan Proft and Chicago Tribune Editorial Board Member Kristen McQueary discuss politician's consistent demands for more out of taxpayers and how it might impact the upcoming election. Wirepoints' Mark Glennon joins for analysis. Proft and McQueary also talk to Algonquin Township Highway Commissioner Andrew Gasser about his efforts for good government at the local level.

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Is Bankruptcy In Illinois' Future?

Several municipalities across the state are facing financial crises and have few options to get back on the right track. Is bankruptcy the only choice? And is that the reality for the state as a whole? On this edition of Illinois Rising, Dan Proft and Wirepoints President Ted Dabrowski break down state and local fiscal woes with analysis from state Rep. Jeanne Ives, R-Wheaton, and CNBC Contributor Jim Iuorio.

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The IL GOP's Self-Inflicted Disadvantage

With an unpopular candidate, Republicans are already limping into the general election for governor in November. But with a giant fundraising gap between the GOP and Democrats – as well as now the entrance of a third-party candidate – the challenge is becoming that much tougher for the Rauner Party. On this edition of Illinois Rising, Dan Proft and Brian Timpone discuss the large disadvantage Republicans find themselves in, and how the party only has itself to blame. They also get expert analysis from Wirepoints' Ted Dabrowski on the financial crisis in Harvey.

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Over Promised Pension Benefits Not Underfunded

Why does Illinois have the largest unfunded pension liabilities in the country? How can the pensions be paid off when the benefits have grown six times the rate of the general revenue growth? Why would politicians investigate this problem when they are all waiting in line for their pensions? How can Illinois stop the bleeding? President of  Wirepoints.com, Ted Dabrowski joins Dan and Amy to discuss his new study, Illinois state pensions: Over promised, Not Underfunded.

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Home Values Taking A Hammering In IL

The Republican's tax plan will lower home values in Illinois and contribute to the burden of property-tax-weary IL families. Homeowners in Illinois are paying one percent to three percent of their home value depending on where they live in the Chicagoland region. Will the GOP tax plan finally stoke the revolt over property taxes in IL? Should the outrage be directed at Republicans in Congress or Democrats in Chicago? Founder of Wirepoints.com, Mark Glennon joins Dan and Amy to discuss. 

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Democrats' Fake Reform

Lawmakers are trying to rush a budget at the end of special session, so House Democrats finally put forth a plan, which includes a property tax freeze. But the plan offers no real relief for struggling taxpayers. On this edition of Illinois Rising, Dan Proft and Pat Hughes break this down with WirePoints.com's Mark Glennon, and discuss what real property tax relief should look like. They also discuss the soon-to-be insolvent Chicago police pension, and waste throughout Chicago Public Schools, as well as financial recklessness at the county level.

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Mark Glennon Is One Of The Most Dangerous Men In IL

Mark Glennon is a former corporate attorney and venture capitalist who understands bond markets, public sector pensions, the truth about Illinois' confiscatory property tax system and the rest of the state's financial house of cards and he breaks it all down at the news site he founded, Wirepoints.com. Glennon's facility with translating the Illinois Ruling Class' fantasy math into the tangible human costs it imposes makes him a dangerous man to Illinois pols and a must-read for Illinois residents.

On this edition of Against The Current, we explore questions with Mr. Glennon like, does Illinois have problems that can be solved or is it simply in a predicament with inevitable outcomes short of changes to federal bankruptcy law?  Can underfunded pension be salvaged? Is there a way to bring Illinois home values back, particularly for the 500,000 homes that are seriously underwater? What will happen to Illinois if it continues to lead the nation in out-migration?

We'll explore all of these topics and more with Wirepoints.com Founder Mark Glennon on this installment of Against The Current.

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