Capitol Fax.com - Your Illinois News Radar » Morning Shorts
SUBSCRIBE to Capitol Fax      Advertise Here      About     Exclusive Subscriber Content     Updated Posts    Contact Rich Miller
CapitolFax.com
To subscribe to Capitol Fax, click here.
Morning Shorts

Wednesday, Jun 18, 2008 - Posted by Kevin Fanning

* State’s attorney investigating Yorkville mayor

* Illinois pension woes deepen as legislators take break

* Government we could do without

If voters were given this chance, we suspect they’d view having a state comptroller and state treasurer as an antiquated and duplicative way of managing state tax dollars, and would act to merge the offices and keep a little more of their hard-earned income.

* Income tax filings up in Illinois

* Tribune may be moving closer to default: S&P

* Sun-Times Media considering privatization or sale

* Daley defends Olympic Village move to Reese site

* Daley cartoon

* CTA taking greener hybrid for test drive

* County short-term loan will cost taxpayers $9 million

* Stroger-Connected Firm’s Multimillion-Dollar Bond Deal Eeks Past County Board

* US Attorney Fitzgerald marries teacher

ABC7 News has learned that one of Chicago’s most eligible bachelors has said “I do.”

US Attorney Patrick Fitzgerald married Head Start teacher Jennifer Letzkus last week.

* Has city budget crunch frozen aldermanic requests?

* Fox River residents hang on as worst appears to be over

* Fisherman drowns, Fox River closed

* Levee breach forces Gulfport evacuation

* Rock, Pecatonica rivers won’t recede until Friday

* Floodwaters pose health, safety hazard

* Illinois Governor Calls More Troops to Flood Zones

       

15 Comments
  1. - Undercover - Wednesday, Jun 18, 08 @ 8:52 am:

    While I agree that having both a Comptroller and a Treasurer is a little much, how ironic that two of the most responsible statewide officials hold these offices. I’m not opposed to combining these offices, but not right now! Dan Hynes in particular has been a voice for reason and fiscal sanity.


  2. - Fan of the Game - Wednesday, Jun 18, 08 @ 8:55 am:

    The Treasurer and Comptroller positions could and should be combined, not only for the monetary savings, but also to reduce a layer of bureaucracy. The only issue is to ensure the system of checks.


  3. - Anonymous - Wednesday, Jun 18, 08 @ 9:04 am:

    Weren’t the offices of comptroller and treasurer separated because of the scandal involving State Auditor Orville Hodge, back in the 1950s? I think the idea at the time was that it was not good to have the state’s money completely in the hands of one person. Would that argument hold water today?


  4. - wordslinger - Wednesday, Jun 18, 08 @ 9:04 am:

    The Chicago Public Radio report on the “Stroger-connected” firm advising on the tax-anticipation bonds is pretty silly.

    Chapman and Cutler is one of the biggest and most respected bond counsel firms in the country. They actually do the work, as opposed to the many hangers-on who get a taste in public finance issues.

    Believe me, there’s a lot of pay to play in muni finance, but they’re not the problem. Check out co-bond counsel, advisors and the lineup of bond firms for the pinstripe patronage. Also, there’s no reason any but the most complex bond issues needs to be a “negotiated” deal — put it out to bid to get rid of the pinstripe patronage.

    Claypool knows this. Somebody should tell him you lose whatever “reform” credibility you might have when you knowingly make silly remarks.


  5. - Deep South - Wednesday, Jun 18, 08 @ 9:38 am:

    Radio didn’t do it. Television didn’t do it. Now comes the Internet. A triple whammy when it comes to newspapers, an old-school industry run by old-school editors and managers who’ve been able to ignore the newcomers, until now…and it may be too late. I really hope the Trib doesn’t go belly-up, I would certainly miss it. But the times have been-a changing and now it may over for some of the nation’s great papers. Sad to see it happening.


  6. - Heartless Libertarian - Wednesday, Jun 18, 08 @ 9:47 am:

    Come on, are we really going to pretend that combining political offices is going to result in one more penny in our pocket? Please! That meager savings from combining two offices will then be used to “benifit the children”… oh the children. Or maybe for the “common good.” Or maybe just to pay for the new treasurer/comptroller’s brother to have a six figure income in the office itself.


  7. - John Bambenek - Wednesday, Jun 18, 08 @ 10:05 am:

    Having the person who receives money be a seperate person than the one who spends money has some advantage, namely its a little harder to “hide” revenue to skim off the top when another office wants all it can get to pay the bills. Generally businesses tend to, in some degree, seperate accounts receivable and accounts payable.


  8. - Macbeth - Wednesday, Jun 18, 08 @ 10:24 am:

    Whenever anyone — here or anywhere else — talks about “combining” something in order to “increase efficiency,” it’s usually a code for central control (always a bad thing) and means that someone is going to *make* money once the combination takes place. The cost savings of “combined” — or consolidated — never happens. Ever.

    It’s *always* more expensive. And someone — usually a consulting firm or a group of lawyers — make out like gangsters.


  9. - Anonymous - Wednesday, Jun 18, 08 @ 10:59 am:

    Congrats to Fitz and the new Mrs. Fitz! How did they manage to keep that a secret as long as they did? (By not getting married in Cook County, I presume?)


  10. - Lurker - Wednesday, Jun 18, 08 @ 11:08 am:

    Gov’s public schedule for today includes two “photo ops” of him filling sandbags and thanking the national guard. Can’t they let that kind of stuff go for a while? Sheesh.


  11. - Rhino - Wednesday, Jun 18, 08 @ 3:34 pm:

    Wordslinger is partially right but he is mostly wrong.
    It is true that the worst municipal bond abuses are the influence peddlers who place the business or sign on as co-counsel but do no work. and he is right in saying that virtually all bond deals can be put out to bid for the best deal to the taxpayer. The lavish closing banquets and the massive campaign contributions no-bid bond counsel give proves that they could do it cheaper.
    Chapman and Cutler are competent and do do the work but they are overpaid and kick back some of the money as campaign contributions. See the State Board of Elections compilation of the donations of West Monroe Street Good Government Committee of Chapman & Cutler.
    Claypool and the other critics are right and Chapman & Cutler are part of the problem.


  12. - Treasure(r) Island - Wednesday, Jun 18, 08 @ 5:52 pm:

    Anonymous 9:04 is right.

    To that end, the 1970 Constitutional Convention created the Office of the Comptroller. Only two Republicans held the office: George Lindberg (the first one, who later became a federal judge) and Loleta Didrickson.

    Judy Baar Topinka also was in favor of combining the two offices during her 1994 campaign.

    There were both stated and unstated reasons for this.


  13. - OAD - Wednesday, Jun 18, 08 @ 6:37 pm:

    The Trib is long on assertion and short on proof. Where would the 12 million come from? How does it save money?
    You still need 2 operations, one in, one out.

    And ‘6,000 units of govt’ is mainly because Illinois is a big state. I have the state, county, village, library, community college, local schools all eating from my taxes.


  14. - Wisdom - Wednesday, Jun 18, 08 @ 8:27 pm:

    OAD: I believe we are only 2d to Pennsylvania in governmental units and we are 5th in population and they are 6th.

    Go figure.


  15. - Lynn S. - Thursday, Jun 19, 08 @ 11:16 pm:

    Lots of folks from Pennsylvania moved to Illinois. Remember, Hugh Rodham (Hillary Clinton’s dad) was from PA.

    Just ’cause you moved doesn’t mean you’ve left your bad habits behind…


Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* Isabel’s afternoon briefing
* Things that make you go 'Hmm'
* Did Dan Proft’s independent expenditure PAC illegally coordinate with Bailey's campaign? The case will go before the Illinois Elections Board next week
* PJM's massive fail
* $117.7B In Economic Activity: Illinois Hospitals Are Essential To Communities And Families
* It’s just a bill
* Showcasing The Retailers Who Make Illinois Work
* Open thread
* Isabel’s morning briefing
* SUBSCRIBERS ONLY - Supplement to today's edition
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Live coverage
* Pritzker calls some of Bears proposals 'probably non-starters,' refuses to divert state dollars intended for other purposes (Updated)
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............


Loading


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
April 2024
March 2024
February 2024
January 2024
December 2023
November 2023
October 2023
September 2023
August 2023
July 2023
June 2023
May 2023
April 2023
March 2023
February 2023
January 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
August 2021
July 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller