SP Intel Report- October 27, 2015


Saw the following on Channel 7 news earlier today:

“Racially-Charged Sign Posted At Pilsen Coffee Shop”
ABC7 Video

If this is for real, I can only imagine the outrage if the sign had said “Black People Out…” or “Mexican People Out…” But since it targeted “White People” in America of 2015, it’s okay then (wink).

I’m going to go out on a limb here and predict that as the U.S. financial crash draws closer, racial violence will pick up. Wish it weren’t so, but history will probably rhyme here.


President Obama’s in town this raining evening. Earlier Tuesday, he spoke at the 122nd Annual Meeting of the International Association of Chiefs of Police. Not surprisingly, gun control was on the agenda. From a transcript of the speech:

You know exactly why someone all too often should want to own a gun. It’s a powerful instrument. It helps you do a dangerous job. It’s something that has to be used with care. Many of you, like millions of law-abiding Americans, are sportsmen or hunters, or you’ve got a firearm in your home for protection. But you also know the fact is that it’s too easy for criminals to buy guns — and that makes your already dangerous job far more dangerous than it should be. (Applause.)

And it makes the communities so fearful that it’s harder for them to be a good partner with you, because the streets become abandoned, and parents start not being as involved in monitoring what’s taking place. You have a risk of being shot. It’s risky enough responding to a domestic violence call or a burglary in progress without having to wonder if the suspect is armed to the teeth, maybe has better weapons than you do. And the fact is that in states with high gun ownership, police officers are three times more likely to be murdered than in states with low gun ownership. That is a fact. So you know that more guns on the streets do not make you or your communities safer. (Applause.)

Now, one of the benefits of being President is you travel all around the country, and I do know that there is a difference in what firearms mean and how they are handled in rural communities and in urban settings. And we’ve got to take into account some of the regional differences that are involved. But I do want to emphasize this is not just an issue for cities.

There are those who criticize any gun safety reforms by pointing to my hometown as an example. They say, well, look, Chicago had a spike in homicides this year, they’ve got gun safety laws, so this must be proof that tougher gun safety laws don’t help, maybe make things worse. The problem with that argument, as the Chicago Police Department will tell you, is that 60 percent of guns recovered in crimes come from out of state. You’ve just got to hop across the border. As I said before, it is easier for a lot of young people in this city and in some of your communities to buy a gun than buy a book. It is easier in some communities to find a gun than it is to find some fresh vegetables at a supermarket. (Applause.) That’s just a fact.

And that’s why the IACP and the overwhelming majority of the American people — Democrat and Republican — believe we should require national criminal background checks for anybody who wants to purchase a gun. (Applause.) That’s why the IACP believes we shouldn’t sell military-style assault weapons to civilians. They don’t need them. (Applause.) They don’t need them to hunt a deer. It’s just a simple proposition — cops should not be out-armed by the criminals that they’re pursuing. (Applause.)

As I said, earlier this afternoon I met with families of police officers who gave their lives in the line of duty. And I met with families of children here in Chicago who were taken from us by gun violence. And I do this too often, meeting with grieving families. I’m proud to be able to express to them that the entire country cares about them — (applause) — and that they’re in our thoughts and prayers, and that we’re sorry for their loss. But I have to tell you — and I know some of you have heard my frustration in the past here — when I meet with these families I can’t honestly tell them that our country has done everything we could to keep this from happening again — from seeing another officer shot down, from seeing another innocent bystander suffer from a gunshot wound. And that’s a travesty.

Thirty-two cops have been shot and killed this year. At least a dozen children have been shot and killed this month. About 400,000 Americans have been shot and killed by guns since 9/11 — 400,000. Just to give you a sense of perspective, since 9/11, fewer than 100 Americans have been murdered by terrorists on American soil — 400,000 have been killed by gun violence. That’s like losing the entire population of Cleveland or Minneapolis over the past 14 years.

And I refuse to accept the notion that we couldn’t have prevented some of those murders, some of those suicides, kept more families whole — (applause) — protected more officers if we had passed some common-sense laws. (Applause.)

So, look, I understand we won’t all agree on this issue. But it’s time to be honest — fewer gun safety laws don’t mean more freedom, they mean more danger. Certainly more danger to police, more fallen officers, more grieving families, more Americans terrified that they or their loved ones could be next. So I’m going to keep calling on the folks in Congress to change the way that they think about gun safety. And if they don’t, I’m going to keep on calling on Americans to change the folks in Congress until they get it right. (Applause.)

And please do not — some of you watching certain television stations or listening to certain radio programs, please do not believe this notion that somehow I’m out to take everybody’s guns away. Every time a mass shooting happens, one of the saddest ironies is that suddenly the purchase of firearms and ammunition jumps up because folks are scared into thinking that Obama is going to use this as an excuse to take away our Second Amendment rights. Nobody is doing that. We’re talking about common-sense measures to make sure criminals don’t get them; to make sure background checks work; to make sure that — (applause) — to make sure that we’re protecting ourselves…

A couple of thoughts here:

•In a nutshell, Barack Obama is trying to muster support from these police chiefs for his gun control initiatives.

• I worked alongside a number of police chiefs back when I was in local government. Keep in mind that many of them are political hires. It would be somewhat harsh to say they are not the police, but I suspect many of them have much more in common with their municipal masters than the beat cop at that stage in their career. If their “clout” is anti-gun, there’s a pretty good chance the police chief is as well (or at least that will be their public stance on the issue). Of course, there are always exceptions.

• Notice how “gun safety” is substituted for “gun control” in the speech. I learned a long time ago to be wary of people who get their jollies off playing around with words like this.

• Obama’s ongoing push for gun control mirrors that of the larger movement in America, which seeks to chip away at the Second Amendment piece by piece. Mass shootings embolden the effort. And the end justifies the means in these peoples’ minds. Compromise is not part of their vocabulary. Which leaves pro-Bill of Rights supporters no other alternative but to deal with them along the lines of that old Arab parable:

“If the camel once gets his nose in the tent, his body will soon follow.”

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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SP Intel Report- October 26, 2015

Welcome to the inaugural post of the “SP Intel Report.” On October 15 I blogged big changes were coming to Survival And Prosperity starting October 19. I wrote:

Each day will begin with an “SP Intel Report” (if it’s warranted), where I’ll be focusing on current events locally (Chicagoland area), nationwide, and overseas which I think readers should be aware of…

As luck would have it, my computer crashed October 19, delaying the implementation of these changes.

One week later, I’ve managed to repair my laptop, and I’m back in the saddle again.

So off we go then…


“If City Hall ‘loses’ downtown to the bad guys… you lose the tourists, their money, revenue… you get the point.”

Survival And Prosperity, May 4, 2011

The Chicago news media is reporting that two tourists from Minneapolis were robbed at knifepoint by three men near Oak Street Beach late Saturday evening. The male victim was stabbed during the holdup while trying to protect his girlfriend. Two of Chicago’s more upstanding residents have been charged with the crime (police are still looking for a third individual).

The last time I blogged about a tourist getting knifed downtown was back during the 2012 holiday season. Even though it’s been a while, I fear we’ll be hearing of similar incidents with increased regularity as the city’s financial health deteriorates and the Chicago Police Department keeps receiving lip service but not bodies (meaning manpower).

There will probably be plenty of the other based on recent trends.

Note to self. Study up on defense against knives.


Speaking of deteriorating financial health, the State of Illinois was hammered by two of the major credit rating agencies in the past week. On October 19, Fitch Ratings announced in a press release:

Fitch Ratings has downgraded the rating on $26.8 billion in outstanding Illinois general obligation (GO) bonds to ‘BBB+’ from ‘A-‘.

In addition, the ratings on bonds related to the state based on its appropriation have been downgraded to ‘BBB’ from ‘BBB+’…

(Editor’s note: Bold added for emphasis)

Three days later, Moody’s Investors Service stated in a release:

Moody’s Investors Service has downgraded the State of Illinois’ $26.8 billion of general obligation bonds to Baa1 from A3, while also lowering ratings on the state’s sales-tax (Build Illinois) bonds to Baa1 from A3, and on the state’s subject to appropriation bonds (issued by the Metropolitan Pier and Exposition Authority and for the state’s Civic Center program) to Baa2 from Baa1. The outlook for all of these obligations remains negative…

(Editor’s note: Bold added for emphasis)

Keep in mind the following observations by Karen Pierog over on the Reuters website on October 22:

Both general obligation bond ratings are now just three steps above the “junk” level… The downgrade by Moody’s marked the 17th by major credit rating agencies for Illinois since 2003… Even before this week’s downgrades, Illinois had the lowest credit ratings among the 50 U.S. states. Ratings histories from the three major credit rating agencies indicate few states have ever had their GO ratings fall below the A level…

Faced with a $105 billion unfunded public pension liability and a bill backlog of around $7 billion, I suspect Illinoisans will be on the hook for some sort of tax hike(s) in the near future.


Any Survival And Prosperity readers skeptical about the future existence of the Internet? Personally, I won’t be surprised if it goes kaput one day. Don’t get me wrong, I’m somewhat of a techie (driven by needs, not wants) and love the Internet. But I’m not sold on its staying power due to frailties with its infrastructure. A couple of years ago I remember reading about an elderly Georgian woman accidently cutting off neighboring Armenia’s access to the World Wide Web for up to five hours- using only a spade. And now there’s this from The New York Times website this past Sunday. David E. Sanger and Eric Schmitt reported:

Russian submarines and spy ships are aggressively operating near the vital undersea cables that carry almost all global Internet communications, raising concerns among some American military and intelligence officials that the Russians might be planning to attack those lines in times of tension or conflict.

The issue goes beyond old worries during the Cold War that the Russians would tap into the cables — a task American intelligence agencies also mastered decades ago. The alarm today is deeper: The ultimate Russian hack on the United States could involve severing the fiber-optic cables at some of their hardest-to-access locations to halt the instant communications on which the West’s governments, economies and citizens have grown dependent

(Editor’s note: Bold added for emphasis)

So the Russians could switch off the Internet. Or a rogue Uncle Sam could do it and blame the Russkies.

I told my girlfriend her brilliant nephew should get into the BBS game. Wave of the future?

“Apple II on a BBS in 2014!”
YouTube Video

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)


Sobol, Rosemary Regina. “$500K, $950K bails set for 2 accused of robbery, stabbing near Oak Street Beach.” Chicago Tribune. 26 Oct. 2015. (http://www.chicagotribune.com/news/local/breaking/ct-police-2-held-following-armed-robbery-stabbing-near-oak-street-beach-20151026-story.html). 26 Oct. 2015.

Pierog, Karen. “UPDATE 2-Illinois bond rating cut again over budget impasse.” Reuters. 22 Oct. 2015. (http://www.reuters.com/article/2015/10/22/illinois-downgrade-moodys-idUSL1N12M2L120151022). 26 Oct. 2015.

Sanger, David E. and Schmitt, Eric. “Russian Ships Near Data Cables Are Too Close for U.S. Comfort.” The New York Times. 25 Oct. 2015. (http://www.nytimes.com/2015/10/26/world/europe/russian-presence-near-undersea-cables-concerns-us.html?_r=1). 26 Oct. 2015.

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Chicago’s North Side Hit By Tire Thieves

Squatters. Fake construction zone robberies. Virtual kidnappings.

Criminal antics which one might think are more representative of a “Third World” country that have taken place in Chicagoland recently.

Now add a rash of vehicle tire thefts in a “nicer” area of Chicago (DePaul/Lincoln Park) to the mix. From Chicago’s CBS 2 News Monday:

“Wheels Flying Off Pricey SUVs”
CBS 2 Video

The Chicago Police Department is recommending the use of locking lug nuts to counter the thefts.

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Wednesday, October 7th, 2015 Crime, Government, Public Safety, Security, Vehicles No Comments

Gabe Suarez: ‘What We Really Need Is A Good Guy That Is Also A Killer’

Back on January 9, I blogged about Gabe Suarez, head of The Suarez Group and a decorated veteran of Southern California law enforcement, concerning a Facebook post of his in which he declared “Every Man Is A Counter Terrorist” in response to the Charlie Hebdo shootings in France.

On Friday, he updated that “call to arms” against the “bad guys” in the wake of the mass shooting at Umpqua Community College in Oregon.

While that update was just as thought-provoking as the original, it’s what Suarez wrote Sunday on his company’s Facebook page (and which I received via e-mail this morning) that really stands out for me. From that post:


Some points on Oregon: Its not a video of a kitten so I hope its actually read by someone.

1). I could simply cut and paste every article I have written after these and simply change the dates and locations and they would all be spot on.

a). Its either a jihadist muslim extremist, a common crazy guy, or a combination of both.

b). It is at a place where everyone has been voluntarily disarmed.

c). The police arrive after the bodies pile up and kill him, and then say it was a suicide.

d). The monkeys in charge call for more gun restrictions. Over and over and over. Routine? Yup.

2). The woods are lovely dark and deep. I will leave it at that…look it up. Very excellent timing after Putin gave Obama a penile prostate check over Syria.

3). If we did not embrace the cultures that hate us (reference the 100,000 Syrians your POTUS is bringing into the USA), or allow crazy people to roam free…I bet there would be fewer of these.

4). Given the inability of the authorities to keep you safe in such events, obeying “the sign” is a form of insanity. Not only immoral for them to suggest you do so, but also foolish on your part knowing what the eventual outcome of such an event would be.

5). We have plenty of noble victim-heroes that sacrifice themselves, unarmed to save others.

Yes…I got it…America yearns for heroes in these estrogenized times like an addict yearns for a fix. But we have plenty of the self sacrifial types. What we really need is a good guy that is also a killer. A good guy that is also a killer that will ignore the sign, and go after the sound of the shots with a smile on his face and a pistol in his hand and shoot the bad guy right in the face…or the back of the head if positioning favors that.

Today, every man or woman is a counter terrorist.


Suarez once again leaves his audience with a good deal of material to really think about, particularly that bit where he said, “The police arrive after the bodies pile up and kill him, and then say it was a suicide.”

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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CHIEF Supply 20% Off Top Apparel Brands Sale Until October 5

I try not to blog on Saturday if at all possible. But I just had to spread the word about this big apparel brands sale from affiliate marketing partner CHIEF Supply (blogged about here) going on until Monday, October 5. From an e-mail I received this morning from the Charlotte, North Carolina-based vendor of public safety and apparel:

Thru Monday

20% Off Top Apparel Brands

Use code OFFAPP20 in cart

*Qualifying brands are Dickies, Oakley, Horace Small & Tru-Spec. Oakley sunglasses, on-sale & clearance flag items, and additional discount codes excluded. Offer ends Monday, Oct 5th.

CHIEF offers free standard shipping for online orders with an order total of $99 or more.

Click on the banner ad below and see what CHIEF Supply has to offer. Please note that by clicking on the ad and purchasing a product (be sure to use that promo code!), I receive a commission from the sale.

Chief Supply Corp.

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Saturday, October 3rd, 2015 Advertiser Specials, Clothing, Public Safety No Comments

Chicago Police Reassigning 319 Officers From Desks To Streets

Even before suffering it’s second-worst weekend of 2015 for gun-related violence, Chicago announced the rollout of a new measure to try and combat the carnage. Frank Main and Fran Spielman reported on the Chicago Sun-Times website last Saturday:

The Chicago Police Department will soon move hundreds more officers out of desk jobs and onto the streets to battle the city’s surging violence — the latest in a series of transfers of cops from administrative jobs to patrol in recent years under Mayor Rahm Emanuel.

The department is reassigning 319 sworn officers from administrative positions to boost manpower on the streets without breaking the bank, said Adam Collins, a spokesman for the mayor. Those sworn officers include nurses, detention aides, property custodians and others whose jobs will be filled by lower-paid civilians, Collins said…

(Editor’s note: Bold added for emphasis)

This latest initiative by the City has been tried before. Main and Spielman added later in the piece:

Since the mayor took office in 2011, the police department has previously shifted at least 770 sworn police officers from desk jobs to patrol work

(Editor’s note: Bold added for emphasis)

A couple of questions come to mind here:

1. Why weren’t those 319 administrative positions shifted to the street earlier?

2. At the same time, how will this move affect administrative efficiency at the Chicago Police Department? Should Chicagoans expect a reduced quality of service from the CPD going forward?

3. If this latest reassignment action doesn’t succeed, will CPD middle management be looked at next time around?

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)


Main, Frank and Spielman, Fran. “319 more cops to be moved from desk duty to streets.” Chicago Sun-Times. 19 Sep. 2015. (http://chicago.suntimes.com/news/7/71/972007/desk-jockeys-hitting-street-emanuels-latest-move-boost-police-manpower). 22 Sep. 2015.

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Tuesday, September 22nd, 2015 Debt Crisis, Fiscal Policy, Government, Public Safety No Comments

Chicago: 54 Shot, 8 Killed Over Labor Day Weekend

Labor Day Weekend is over. So is the summer slowdown on Survival And Prosperity. I guess it’s only appropriate the new “season” on the blog should kick-off with the following headline that’s making the rounds locally this morning. From the Chicago Tribune website:

“54 shot, 8 fatally, over Labor Day Weekend”

A year ago, those numbers were 40 shot, 3 killed.

It’s only a matter of time now before the gun “control” crowd is in the local media outlets calling for even more restrictions.

As they make their emotion-driven pleas, Chicagoans might want to keep the following in mind. Fran Main reported on the Chicago Sun-Times website on August 29:

Chicago criminals are finicky about how they get their guns, according to a new study by the University of Chicago Crime Lab.

In a survey of almost 100 detainees in the Cook County Jail, few said they get firearms at gun shows or through the Internet, said Harold Pollack, co-director of the crime lab. They also said they don’t normally steal guns or buy them at a licensed store

And most said they got the weapons through personal connections because they feared getting caught in a law-enforcement sting or being robbed by a stranger…

(Editor’s note: Bold added for emphasis)

Kind of derails the gun “control” narrative about gun show/Internet “loopholes” these days, doesn’t it? And from the University of Chicago no less. Still, a larger survey pool would have been nice here.

There’s also this gem (which I had been trying to find for a while now) from Angela Caputo on the website of nonprofit investigative news organization The Chicago Reporter back on December 19, 2013:

From January 2006 through August 2013, thousands of cases involving a weapons violation were thrown out in Cook County’s criminal courts, The Chicago Reporter found. More than 13,000 cases that included a gun violation have been dismissed during that period, shows the Reporter’s analysis of records maintained by the Clerk of the Circuit Court of Cook County. In fact, more felony cases involving a gun–from illegal possession to unlawful sale to a felon–have been thrown out than cases with any other type of charge…

(Editor’s note: Bold added for emphasis)

More gun “control” in the city after this Labor Day Weekend’s carnage? Please. That quote about insanity often attributed to Albert Einstein comes to mind here:

“Insanity- Doing the same thing over and over again and expecting different results”

As those with brains figured out a long time ago, it’s not the legal gun owners who are behind this violence (although they make convenient scapegoats for the politicians and their ilk). It’s the criminals, who for the most part don’t obtain firearms legally (University of Chicago Crime Lab survey) and who roam the streets of Chicago with impunity because gun laws already on the books aren’t being enforced on a regular basis for one reason or another (Chicago Reporter).

What those reasons are requires scrutiny going forward. Then again, it would also mean some people with the power to make a real difference here would have to grow cajones too…

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)


Main, Frank. “Survey: Crooks get guns from pals, don’t keep them long.” Chicago Sun-Times. 29 Aug. 2015. (http://chicago.suntimes.com/news/7/71/915770/university-chicago-survey-finds-crooks-get-guns-from-pals-dont-keep-them-long). 8 Sep. 2015.

Caputo, Angela. “Thousands of felony gun cases are being dismissed in Cook County criminal courts.” The Chicago Reporter. 29 Dec. 2013. (http://chicagoreporter.com/thousands-felony-gun-cases-are-being-dismissed-cook-county-criminal-courts/). 8 Sep. 2015.

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Tuesday, September 8th, 2015 Crime, Firearms, Government, Legal, Self-Defense No Comments

Illinois Police Officer Shot And Killed, Manhunt Continues

Northeastern Illinois readers of this blog- be advised that three male suspects (2 white, 1 black) are still being sought Tuesday evening after a Fox Lake police lieutenant was shot and killed earlier in the day. Ruth Fuller and Becky Schlikerman reported on the Chicago Sun-Times website:

A community mourned Tuesday while a massive manhunt continued into the evening in far north suburban Fox Lake for three suspects in the fatal shooting of Lt. Charles Joseph Gliniewicz, 52.

He was gunned down about 8 a.m. Tuesday after telling dispatch that he was pursuing three suspects. His service weapon was taken…

Frank S. Abderholden, Dan Hinkel, and Dan Moran added on the Chicago Tribune website tonight:

His colleagues responded and found him shot in a marshy area near U.S. Highway 12, a main road through town, authorities said. His gun was found near him, said Lake County Undersheriff Raymond Rose. Gliniewicz died at the scene, Rose said.

The offenders should be treated as armed and dangerous, Rose said. He said police were working with “limited descriptions” of the suspects…

(Editor’s note: Bold added for emphasis)

Too bad better descriptions of the suspects aren’t available.

From what I gathered watching the local TV news tonight, the focus of the ongoing search is that “marshy area.”

Here’s hoping Fox Lake-area residents have good security measures in place around their homes.

And something tells me a number of firearm owners will be sleeping better tonight than certain other neighbors.

Stay safe…

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)


Fuller, Beth and Schlikerman, Becky. “Massive manhunt continues after Fox Lake officer slain.” Chicago Sun-Times. 1 Sep. 2015. (http://chicago.suntimes.com/news/7/71/924109/police-officer-killed-fox-lake-police-hunt-armed-men). 1 Sep. 2015

Abderholden, Frank S., Hinkel, Dan and Moran, Dan. “Slain Fox Lake police officer identified as veteran cop, father of four.” Chicago Tribune. 1 Sep. 2015. (http://www.chicagotribune.com/suburbs/lake-county-news-sun/news/ct-fox-lake-school-lockdown-20150901-story.html). 1 Sep. 2015.

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Tuesday, September 1st, 2015 Crime, Firearms, Public Safety, Self-Defense No Comments

Quote For The Week

“I am too pissed off tonight to be diplomatic about what’s going on and I’m not going to stick my head in the sand about it. I said last December that war had been declared on the American police officer led by some high profile people- one of them coming out of the White House, one coming out of the United States Department of Justice. And it’s open season right now. There’s no doubt about it…

And I’m tired of hearing people calling these black “activists.” They’re not activists. This is black slime and it needs to be eradicated from the American society and American culture…

I need every law-abiding person in the United States of America to stand up and start pushing back against this slime, this filth, that’s disparaging the American law enforcement officer within these communities. When these ugly people come out and start this, and start talking this stuff on social media, to push back against it, and demand- demand- people that belong to these organizations to get out of their town. There’s no room for it. Look, the American police officer is holding these communities together. And we need the support of the people that we defend everyday in order to get that done.”

-Milwaukee County (Wisconsin) Sheriff David Clarke, Jr., reacting to the killing of Harris County (Texas) deputy Darren Goforth on the Fox News TV show Justice with Judge Jeanine last Saturday

YouTube Video

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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My Thoughts On Chicago’s Financial Crisis

I know I’ve been blogging a lot about Chicago/Cook County/Illinois lately. Which should come as no surprise to regular Survival And Prosperity readers considering I’ve talked about how I was born on the West Side, was raised around that area, and lived on the Northwest Side until I moved to the northwest suburbs two years ago.

Both the Chicagoland area and Illinois have been on my mind a lot recently. I fear we’re on the verge of some major upheaval stemming from decades of fiscal mismanagement by policymakers from both sides of the political aisle (some might think this blog only targets Democrats- over the years I’ve demonstrated everyone’s “fair game”). And by verge, I mean in the coming weeks. Focusing on Chicago today, what might kick it off (regular observers have witnessed the crisis growing for some time now)? I suspect the following. From the Chicago Tribune website back on July 31:

At a news conference this week, the mayor would not rule out a politically unpopular property tax hike, saying he’ll wait to show his hand until September, when he rolls out “a full budget with all parts in there.”

(Editor’s note: Bold added for emphasis)

A good portion of the coming pain is going to be felt by the Chicago taxpayer. What kind of “pain” am I talking about? That which I’ve been blogging about for a couple of years now- new/higher fees, fines, and taxes, coupled with reduced government services. Last night’s post about potential revenue generators Chicago Mayor Rahm Emanuel and the City Council are mulling over (hat tip Fran Spielman of the Chicago Sun-Times) should give Chicagoans a better picture of what’s headed their way (a property tax hike and garbage collection fee look likely). Concerning cutbacks in government services, I think that’s already begun. For example, the manpower shortage in the Chicago Police Department (hat tip Second City Cop) that’s existed for some years now. Down the road, I predict the average Chicago taxpayer will find it increasingly difficult to afford living in the city, let alone doing it safely as local government struggles to provide effective, efficient services to constituents.

Now, it’s bad enough Chicago/Cook County/Illinois are in real financial trouble. But then there’s the legitimate concern of a slowing economy/recession being right around the corner, never mind that coming financial crash I started blogging about back on Memorial Day Weekend 2007.

So what’s a Chicago taxpayer to do? This former Chicago resident picked up and left the city limits in 2013. Concerned about future tax and public safety liabilities, my girlfriend and I reluctantly departed our “suburb in the city” and moved into a house in a not-too-far away authentic suburb. Granted, we’ll still be on the hook for county and state problems, but it’s what makes sense for us in the short-term.

As much as I blast Chicago on Survival And Prosperity (“tough love”), I’m not convinced the city’s going to go “belly-up.” I think there’s a good chance it could be run by something similar to the Emergency Financial Control Board in New York City from 1975 until 1986 (talked about here back in April), but even a setback like that won’t be the end of the “City By The Lake,” just like it wasn’t for the “Big Apple.” I do predict city life is going to get real hairy once the “balloon goes up,” but I think that will be the case in a lot of urban areas nationwide.

That’s my two cents on Chicago’s financial crisis- for now. Chicago readers of this blog- what are you planning to do about the crisis? Or, what are you already doing? Maybe you don’t think a crisis exists? Please share your thoughts or experiences in the “Comments” section of this post, as I’d really like to talk more about this going forward.

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: I am not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented herein)


Dardick, Hal. “Emanuel needs $754M more to make ends meet.” Chicago Tribune. 31 July 2015. (http://www.chicagotribune.com/news/local/politics/ct-rahm-emanuel-chicago-budget-shortfall-met-0801-20150731-story.html). 21 Aug. 2015.

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Christopher E. Hill, Editor
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Buy Gold And Silver Coins BGASC Review Coming Soon
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RSS Chris Hill’s Other Blog: Offshore Safe Deposit Boxes

  • Related Reading: Austria’s Anonymous Private Vaults
    This morning I was reading an article on The Nestmann Group’s website entitled “Austria: Anonymous Storage and The World’s Safest Bank.” Offshore expert Mark Nestmann informed readers: Not that long ago, Austria had the world’s most stringent financial secrecy laws. Anonymous savings (Sparbuch) and securities (Wertpapier) accounts were widely used. The War on Terror, Money […]
  • Ireland: No Bank Safe Deposit Boxes For New Customers
    Further evidence that in some parts of the world, private, non-bank vaults are increasingly becoming the only game in town. Louise McBride reported on the Irish Independent website last Sunday: The banks have taken a lot of things from us in recent years. Here are ten things you can no longer do at your bank… […]
  • World’s Best Offshore Private Vault Videos For 2015, Honorable Mentions
    Last Wednesday, Offshore Safe Deposit Boxes started naming the “World’s Best Offshore Private Vault Videos” for 2015. Third place in the “short program” category went to Siam Secure (Thailand), runner-up was Sovereign Safe Deposit Centres (England), and the winner for the TV commercial-style marketing videos this year was Custodian Vaults (Australia). Third place in the […]
  • World’s Best Offshore Private Vault Videos For 2015, Part 2
    On Wednesday, Offshore Safe Deposit Boxes started naming the “World’s Best Offshore Private Vault Videos” for 2015. Third place in the “short program” category went to Siam Secure (Thailand), the runner-up was Sovereign Safe Deposit Centres (England), and the winner for TV commercial-style marketing videos this year was Custodian Vaults (Australia). Today, we’re going to […]
  • World’s Best Offshore Private Vault Videos For 2015, Part 1
    Back on June 25, 2014, I published a post entitled “World’s Best Offshore Private Vault Videos.” I wrote back then: Earlier this year when I was developing this blog’s sister site- Offshore Private Vaults– I came across a number of marketing videos from the various non-bank asset storage facilities. This week, I thought it would […]