Maybe There’s Hope for the Late Great City of Chicago

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Unleash Prosperity Hotline
Issue #722
03/01/2023
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1) Maybe There’s Hope For The Late Great City Of Chicago
Bravo to the voters yesterday for tossing out the worst mayor in America -Lori Lightfoot. Schools that don’t teach, rampant crime, riots that weren’t stopped, the Bears leaving the city grounds, a Covid response that turned the business district into a ghost town, and rising taxes were finally too much for even the woke crowd that was finally mugged by reality.

So long Lori. We hardly knew ye.

And now there are two who will square off in a special election in April. Chicago Public Schools CEO and city budget director Paul Vallas will face off against Cook County Commissioner Brandon Johnson in the April 4 runoff.
* Vallas is endorsed by the police. Johnson, wants to defund the police.
* Vallas wants to reform the schools. Johnson is endorsed by the teachers unions.

We‘ll keep you posted.

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2) Quote Of The Day
These words of wisdom should be inserted in every first-year law school textbook:

“Some of the biggest mistakes in the court’s history were deferring to assertions of executive emergency power. Some of the finest moments in the court’s history were pushing back against presidential assertions of emergency power."

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Supreme Court Justice Brett Kavanaugh during yesterday's oral arguments in the student loan bailout case.

Biden asserted the authority to "forgive" student loans at a cost to taxpayers of up to $400 billion as part of the emergency powers granted by Congress.

Shame on Congress for granting these dictatorial powers to the president during Covid in the first place. Double shame for not repealing them long ago.

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3) Why Is The Left Fighting A War Against Cars?
Kick us in the rear end if you’ve heard us say this before, but cars are much, much cleaner than ever. So why are the climate change fanatics trying to force us to buy EVs?

Here is a 2013 analysis conducted by the Obama EPA of emissions from cars and trucks.

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* Compared to 1970 vehicle models, new cars, SUVs and pickup trucks are roughly 99 percent cleaner for common pollutants (hydrocarbons, carbon monoxide, nitrogen oxides and particle emissions), while Annual Vehicle Miles Traveled has dramatically increased.

* New heavy-duty trucks and buses are roughly 99 percent cleaner than 1970 models.

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4) GOP Lawmakers And Business Groups Who Supported Biden’s Bailout Of The Semiconductor Industry Got Played
When Congress passed the CHIPS Act last summer a lot of Democrats privately grumbled that it's $52 billion in federal funding of semiconductors was a form of corporate welfare run amok. They were right. Meanwhile, 16 ostensibly conservative Republican Senators joined with Democrats to pass the bill with blather about this bill enhancing national security.

We warned that Washington’s bailout money is never “free.”

That’s why we were appalled, but not surprised when the Biden Administration announced new regulations that will require firms seeking the cash to provide subsidized child care for their workers, limit stock buybacks, and share excess profits with the government. And our favorite: “consult with the unions.”

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The WSJ editorial board notes: "Government subsidies are never free, and now we are learning the price U.S. semiconductor firms and others will pay for signing on to President Biden’s industrial policy. They will become the indentured servants of progressive social policy."

The abuse of executive authority in this administration knows no bounds.

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5) Video Of The Day

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6) Yesterday's Chicago Election, Explained

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