University of Chicago

Second City Cop Blog Breaks Down Chicago Violence

“11 people have been killed and 11 wounded in shootings over a 48-hour period in Chicago from Tuesday afternoon to Thursday morning, Chicago police said…”

-ABC7 Chicago website Thursday afternoon

In the wake of a bunch of kids getting shot and killed in Chicago the last couple of days, the popular Chicago police blog Second City Cop explained very simply why the city is a shooting gallery. “SCC” wrote early Wednesday morning:

Gun laws go unenforced… Offenders are routinely released or sentenced to minimal time, so there’s nothing to fear from the judicial side of things- no consequences. No one in the “community” is willing to step up. Shame doesn’t work, appealing to a higher morality doesn’t work, humiliation doesn’t work…

(Editor’s note: Bold added for emphasis)

Consider the following findings of a recently-released University of Chicago Crime Lab report entitled Gun Violence In Chicago, 2016 (blogged about here):

Individuals arrested for a homicide or shooting in Chicago in 2016 and 2015 had similar prior criminal records: around 90 percent had at least one prior arrest, approximately 50 percent had a prior arrest for a violent crime specifically, and almost 40 percent had a prior gun arrest. The average person arrested for a homicide or shooting in both years had nearly 12 prior arrests, with almost 45 percent having had more than 10 prior arrests, and almost 20 percent having had more than 20 prior arrests

(Editor’s note: Bold added for emphasis)

SCC went on to add:

We guess it’s time to blame the police again…

And the Second Amendment. The NRA. Republicans. Trump. Bush. And on and on and on.

Yep. If there’s one thing “The Machine” has been good at, it’s directing Chicagoans’ attention away from the “unpleasant”…

“Hey you! Don’t watch that. Watch this!

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

Sources:

“11 Killed, 11 Wounded In 48 Hours In Chicago Shootings.” ABC7. 16 Feb. 2017. (http://abc7chicago.com/news/11-killed-11-wounded-in-48-hours-in-chicago-shootings/1757827/). 16 Feb. 2017.

SCC. “Two? Seriously, TWO?” Second City Cop. 15 Feb. 2017. (http://secondcitycop.blogspot.com/2017/02/two-seriously-two.html). 17 Feb. 2017.

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Thursday, February 16th, 2017 Crime, Firearms, Government, Gun Rights, Legal, Political Parties, Propaganda, Public Safety Comments Off on Second City Cop Blog Breaks Down Chicago Violence

ABC7 News Investigation: ‘Chicago Is A Crossroads Of Home-Grown Terrorists’

Friday night, Chuck Goudie of Chicago’s ABC7 News reported the following concerning an I-Team investigation into home-grown jihadists. From the TV station’s website:

Two new investigations of American terrorists portray a chilling image of terrorists living in our midst, and concentrated in the Midwest.

Targeting the jihadist next door in the Midwest would have to become a priority according to new data compiled by House Homeland Security investigators. They lay out an “unprecedented spike in the homegrown terror threat, primarily driven by the rise of ISIS.” That, along with a new University of Chicago report on the American face of ISIS, paint a frightening picture of the threat growing among us.

First for Al Qaeda and now for ISIS, Chicago is a crossroads of home-grown terrorists.

According to new findings by the House Homeland Security Committee, the tentacles of terror cases in Michigan, Indiana and Wisconsin since early 2016 touch Chicago

(Editor’s note: Bold added for emphasis)

“Researchers Say American Terror Threat Is Home-Grown”
ABC7 News Video

Besides home-grown jihadists, in May 2015 a threat attributed to the Islamic State posted on anonymous message board JustPasteIt claimed the following:

We have 71 trained soldiers in 15 different states ready at our word to attack any target we desire. Out of the 71 trained soldiers 23 have signed up for missions like Sunday. We are increasing in number bithnillah. Of the 15 states, 5 we will name… Virginia, Maryland, Illinois, California, and Michigan

(Editor’s note: Bold added for emphasis)

“Bithnillah” (“bi’ithnillah”) can be translated as meaning “with the permission of Allah.” The post was signed “Abu Ibrahim Al Ameriki,” a U.S.-born terrorist with the group.

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

Source:

Goudie, Chuck. “Researchers Say American Terror Threat Is Home-Grown.” ABC7 News. 10 Feb. 2017. (http://abc7chicago.com/news/researchers-say-american-terror-threat-is-home-grown/1748712/). 12 Feb. 2017.

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Monday, February 13th, 2017 Government, Public Safety, Religion, War Comments Off on ABC7 News Investigation: ‘Chicago Is A Crossroads Of Home-Grown Terrorists’

James Rickards: Gold Other Money That Renders Central Bank Power ‘Meaningless’

The “Quote For The Week” runner-up. From American investment banker, risk manager, attorney, and financial commentator James Rickards, in a recent interview with Schiff Gold’s Albert K. Lu:

I actually think of gold as money. Money is different from an investment or a commodity, so, is gold a commodity? Is it an investment? Is it money? Well, it depends a little bit. Like a chameleon, it changes color. I think of it as money. But I think that’s why there is such bitter opposition, and so many really canards and made-up stories, anti-gold. These come from the PhDs. Whoever controls money controls the world. You control wealth, you control politics; you control who wins and who loses. It’s a very powerful thing to control.

Who controls money today? The answer is the central banks, and those are all PhDs, they come from MIT, Harvard, Chicago, Stanford, just a really small number of universities. They all know each other. It’s a club. Well, if you were in this PhD club that controls the central banks, you wouldn’t want people to even think about gold. You wouldn’t want them to talk about gold, because gold is the competition. Gold is the other money that can render their power meaningless. And so they perpetuate these myths about gold. Unfortunately, a lot of students, a lot of journalists, a lot of everyday citizens follow the leader, follow these PhDs without ever examining the assumptions…

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

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on information found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is 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 on the site.)

Rickard’s new book…

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Monday, April 11th, 2016 Banking, Commodities, Crash Prophets, Education, Federal Reserve, Government, Investing, Main Street, Mainstream Media, Precious Metals, Quote For The Week, Wealth Comments Off on James Rickards: Gold Other Money That Renders Central Bank Power ‘Meaningless’

SP Intel Report- November 11, 2015

Chicagoland

Moody’s Predicts Chicago’s Unfunded Pension Liabilities Could Grow For At Least Another Decade

Regrettably, the City of Chicago’s pension crisis is far from being resolved. From a press release out of Moody’s Global Credit Research division Tuesday:

New York, November 10, 2015 — Today, Moody’s Investors Service released a scenario analysis of the City of Chicago’s (Ba1 negative) possible pension funding paths. The scenarios incorporate the city’s recently adopted property tax increase as well as the outcomes of two key decisions pending with the State of Illinois (Baa1 negative) and the Illinois Supreme Court. The analysis indicates that, despite significantly increasing its contributions to its pension plans, Chicago’s unfunded pension liabilities could grow, at a minimum, for another ten years.

“Chicago’s statutory pension contributions will remain insufficient to arrest growth in unfunded pension liabilities for many years under each scenario,” Moody’s AVP-Analyst Matthew Butler says in the new report, “Chicago’s Pension Roadmap: A Scenario Analysis.”

(Editor’s note: Bold added for empashis)

You can read the entire press release on Moody’s website here.

National

U.S. Adults Over 30 Are Less Happy Than Their Predecessors

I spotted the following yesterday on the MarketWatch website. Catey Hill reported Monday night:

It all goes downhill after 30 — at least when it comes to happiness.

“Adults over 30 are less happy than their predecessors,” concludes a study published online Thursday in the journal Social Psychology and Personality Science, which examined happiness data from more than 50,000 adults, gleaned from the General Social Survey, carried out by NORC at the University of Chicago, a nonpartisan, independent research organization, which has collected information about American adults since 1972.

From 2010 to 2014, adults over 30 had an average happiness score of just 2.18, compared with 2.24 a decade ago. That’s significant considering happiness scores were measured on a tiny scale from just 1 to 3, with 1 being “not too happy” and 3 being “very happy.” (The data used five-year cohort periods so that single year fluctuations were smoothed out.)

(Editor’s note: Bold added for emphasis)

A graph within the article depicted happiness scores by age over time. Something stood out right away for me looking at the measure for the “30 or older” crowd. Happiness scores rose from around 1993 until 2001- then plummeted ever since. In 1993, I remember older classmates of mine at the University of Illinois at Urbana-Champaign saying the job market was pretty rough (but better than recent years where graduate school was a popular option). Lots of bad economic news as well back in 2001. Hill added later:

What’s perhaps even more interesting is that, for the first time ever, adults ages 18 to 29 were happier than adults over 30

(Editor’s note: Bold added for emphasis)

The authors weren’t sure why “younger adults are happier than older ones for the first time in at least 40 years.” I’d like to offer up one possible explanation for some in that demographic:


“Cartman sends his mother to the store”
YouTube Video

In all seriousness, I come across a lot of miserable stuff on a daily basis while conducting research for this blog and other projects. I try to keep upbeat by remembering:

1. While I still see a financial crash in store for us, I don’t envision the end of the world taking place. Although it could be the end of the world as we know it (TEOTWAWKI).
2. Life ain’t fair. Nobody’s perfect. Just do the best you can.
3. God’s got my back. And I’ll try to be the best Christian I can.

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

Source:

Hill, Catey. “Americans over 30 are more miserable than they’ve ever been.” MarketWatch. 9 Nov. 2015. (http://www.marketwatch.com/story/americans-over-30-are-more-miserable-than-theyve-ever-been-2015-11-09). 11 Nov. 2015.

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Wednesday, November 11th, 2015 Credit, Debt Crisis, Demographics, Entitlements, Fiscal Policy, Government, Health, Legal, Religion, Taxes, TEOTWAWKI Comments Off on SP Intel Report- November 11, 2015

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)

Sources:

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 Comments Off on Chicago: 54 Shot, 8 Killed Over Labor Day Weekend

Potential Targets Of Chicago NATO Summit Protestors Identified

The days sure are flying. And in nine weeks the North Atlantic Treaty Organization (NATO) will be holding its meeting in Chicago on May 20-21. When it was announced this year’s G8 summit had been moved to Camp David, from surfing various websites/blogs it became clear to me that a number of Chicagoans actually believe many protestors who originally planned on coming to the Windy City in May for the dual summits would either change their travel plans and head out to Camp David (not knowing the “camp” is actually Naval Support Facility Thurmont, a U.S. military installation) or not bother showing up at all, the rationale being the G8 meeting is the “juicier” target.

Yeah, right. In the wake of the G8-to-Camp David announcement, protest organizers let it be known they are still coming en-masse. And I believe them. Because as crazy as it sounds, they have a chip on their shoulder. Don’t these “nattering nabobs of negativism” know the global financial system and U.S. economy are recovering and will soon be firing on all cylinders again?

Enough sarcasm. I saw this on the Occupy Peace blog’s main page today:

A European contingent is expected to attend this particular protest. It is hard to estimate what attendance will be, but it sounds like the preparations are being made with about 100,000 people in mind.

100,000. I’ve come across this number before (of course, no one knows for sure). With a “European contingent” to boot. The Europeans are pros at this stuff, and while Chicago can hope for their peaceful involvement, they’ve been known to shake-and-bake host cities in the past:


“Anti-NATO crowd burns hotel & border post”
YouTube Video

Chicago residents are probably curious as to what the NATO summit protestors will be targeting in May. Providing some insight is Paul Street, who wrote in this weekend’s edition of the bi-weekly political newsletter CounterPunch:

Making the city’s planned twin “Global Crossroads” gatherings yet more problematic for local and national elites including Obama, the president’s “home city” (Chicago) is full of strong protests sites beyond summit headquarters. Potential targets include Emmanuel’s City Hall (a bastion of corporatist metropolitan union-busting, clinic-closing, prison-stocking, school- and social service-privatizing); the hyper-affluent near-North Side Gold Coast, whose multimillion-dollar mansions and condominium apartments and posh restaurants and art studios stand in sickening proximity to 15 city neighborhoods where more than a quarter of the children live at less than half the notoriously inadequate U.S. poverty level; the University of Chicago Economics Department (a leading player in the infection of the world with the inequality- and poverty-spreading disease of neoliberalism); the downtown headquarters of the Boeing Corporation, maker of the Predator Drone, the B2 Stealth Bomber, and the Blackhawk Helicopter, to name just three deadly Boeing technologies the Pentagon has purchased (at massive cost-plus taxpayer expense) to murder tens of thousands of innocent civilians, including countless small children, in Iraq, Afghanistan, Pakistan, Libya, Somalia, and Yemen.

An especially juicy Chicago protest target is top corporate Democrat Obama’s 2012 downtown re-election campaign headquarters (located in the Prudential Building at 130 E. Randolph St.). Obama’s center of operations “looks more like a company than a campaign. For the last year,” the New York Times reported two weeks ago, “an office that appears nearly as long and as wide as a football field has steadily grown, with more than 300 workers now sitting bunched together….a payroll of $3 million in January suggests the staff is larger than any ever assembled for a presidential race.”

Stay tuned…

Source:

Street, Paul. “Won’t You Still Please Come to Chicago?” CounterPunch. 23 Mar. 2012. (http://www.counterpunch.org/2012/03/23/wont-you-still-please-come-to-chicago/). 23 Mar. 2012.

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Friday, March 23rd, 2012 Civil Strife, Europe, Government, Recovery Comments Off on Potential Targets Of Chicago NATO Summit Protestors Identified

Signs Of The Time, Part 23

From the “Moving on Up” section of the Chicago Tribune web site:

Henry M. Paulson Jr., distinguished senior fellow, University of Chicago

(June 30, 2011)

Henry M. Paulson Jr., former Treasury Secretary and chief executive of Goldman Sachs, has been appointed as a distinguished senior fellow at the University of Chicago Harris School of Public Policy Studies. The five-year appointment began July 1. Paulson brings four decades of experience in public policy and economic issues, culminating in his tenure as U.S. Treasury Secretary from 2006-’09. He also has extensive experience in policy and business issues concerning China. His work at Chicago Harris will include research collaborations, speaker series, conferences, workshops and other events and programs. Besides joining former Chicago Mayor Richard M. Daley at Chicago Harris, Paulson also is creating the Paulson Institute, an independent entity at the U. of C. that will seek ways to foster cooperation between the U.S. and China. Paulson served President George W. Bush as the secretary of the Treasury and was a leading policy adviser on a broad range of domestic and international economic issues. Before that, he spent 32 years at Goldman Sachs, serving as chairman and chief executive since the firm’s initial public offering in 1999.

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Friday, July 8th, 2011 Banking, Signs Of The Time Comments Off on Signs Of The Time, Part 23
Survival And Prosperity
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