Category Archives: Chicago

Chicago Braces for Cold Weather

While residents of Chicago Illinois and other cities in the Midwest are used to cold and snowy winters, a recent news article (http://abc7chicago.com/weather/city-suburbs-digging-out-after-weekend-snow-storm/1651677/) points out that the winter season may be starting earlier than normal.

 

This past weekend, residents of Chicago and the surrounding suburbs spend much of their Saturday and Sunday digging out from a two day winter storm. The early snow storm ended up dropping over 9 inches of snow in some areas of the city. As would be expected, this led to significant traffic issues for many and lead to the cancellation of hundreds of flights into and out of the Chicago airports.

 

While the snowstorm was considered early for many people in the area, those who live in the city know to never expect anything less from the weather. The city is now bracing for the second phase of the early winter storm which will arrive later this week. A new polar vortex is expected to sweep across the United States all week. The storm should end up getting Chicago at some point on Thursday. The city is expecting that temperatures could have highs of 5° or less. This low temperature will likely only last for a couple of days, but could lead to cancellation of school and further flight and travel delays.The temperature should then begin to write back towards normal December weather by the end of the following week.

 

Chicago Teachers Pension Overpays Some Retirees

The State of Illinois and City of Chicago are both well known to have some level of financial distress. According to a recent news article (http://www.chicagotribune.com/news/local/breaking/ct-teacher-pension-payment-error-met-20160815-story.html), part of this issue could be due to mismanagement of funds in the various pension programs that the city and state sponsor.

The Chicago Teachers Pension Fund, which is one of the largest pension programs in the country, has reportedly been overpaying teachers out of the pension program. In recent years, the managers of the fund have reportedly overpaid retired teachers a total of $2.8 million. The overpayment was related to the misinterpretation by fund managers of laws that were enacted in 2012 that changed the way that the vesting dates of some former teachers were calculated.

In total, the school system and pension program believe that about 250 different retired teachers received benefits that they were not supposed to receive. The teachers that received the excess pension proceeds earn between $50,000 and $217,000 from pension income and the average teacher received about $12,000 in excess over the two year period.

At this point it is not yet determined how or when the pension program will be able to recoup the money that they lost. It is assumed that the teachers that received the pension income will be paying the money back over a certain period of time through either a lump sum payment or by received reduced benefits for several years. The issues that resulted in the overpayment have reportedly been fixed and cleared up by all parties involved and the city is also considering putting forth a more detailed plan of how to recoup overpayments should a situation such as this arise again.

Relax, Chicago! Sasha Was Studying For A Test And Missed Dad’s Farewell Address

The beautiful city of Chicago was the scene of President Obama’s farewell address to the nation on Tuesday night. There in his hometown, Barack Obama bid an emotional good-bye after eight years in office. He paid a moving tribute to the First Lady Michelle “wife, mother of my children and best friend.”

 

President Obama then discussed his daughters, Malia and Sasha, calling them amazing young women. “You are smart and you are beautiful. But more importantly, you are kind and you are thoughtful and you are full of passion.”

 

It was quite moving, and Malia wiped tears from her eyes. Sasha, however, was not in attendance to hear her father’s wonderful speech. That is when her absence became quite noticeable during the farewell address.

 

The internet went wild with speculation about the Obama’s youngest daughter.

 

Where was Sasha, and why would she miss a huge milestone like this one?

 

Social media sites like Twitter were ablaze with questions, under the hashtag #WhereIsSasha.

 

Relax, city of Chicago and the rest of the world. Sasha had a good excuse for missing the President’s farewell address.

 

It’s called school and a next day exam, and that, ladies and gentlemen, is the reason the 15-year-old daughter of Barack Obama was missing in action during his good-bye speech in the Windy City. Sasha was busy hitting the books, confirmed CBS News’ Mark Knoller. The White House told Knoller that Sasha did not make the trip to Chicago, and she decided to stay in D.C. for an exam on Wednesday morning. By the way, the test was in science, according to the school website.

 

The Obamas will remain residing in the area until Sasha graduates. She’s a student at Washington, D.C.’s prestigious Sidwell Friends School. Malia and Cheslea Clinton both graduated from Sidwell.

 

 

 

Chicago Braces for Cold Weather

While residents of Chicago Illinois and other cities in the Midwest are used to cold and snowy winters, a recent news article (http://abc7chicago.com/weather/city-suburbs-digging-out-after-weekend-snow-storm/1651677/) points out that the winter season may be starting earlier than normal.

 

This past weekend, residents of Chicago and the surrounding suburbs spend much of their Saturday and Sunday digging out from a two day winter storm. The early snow storm ended up dropping over 9 inches of snow in some areas of the city. As would be expected, this led to significant traffic issues for many and lead to the cancellation of hundreds of flights into and out of the Chicago airports.

 

While the snowstorm was considered early for many people in the area, those who live in the city know to never expect anything less from the weather. The city is now bracing for the second phase of the early winter storm which will arrive later this week. A new polar vortex is expected to sweep across the United States all week. The storm should end up getting Chicago at some point on Thursday. The city is expecting that temperatures could have highs of 5° or less. This low temperature will likely only last for a couple of days, but could lead to cancellation of school and further flight and travel delays.The temperature should then begin to write back towards normal December weather by the end of the following week.

 

Sweet Home Chicago Lands Presidential Library

President Barack Obama and his wife Michelle announced trough Youtube, that they have decided that the location of the Obama Presidential Library will be “Sweet Home Chicago,” as the couple affectionately referred to their home town. The cities of New York and Boston were also under consideration but the Obamas had the most connection with the City of Chicago, where the President once taught as a professor at the University of Chicago and where the President started his political career as a United States Congressman and a Senator from from the south side. Chicago Selected As Location of Obama Library

The President has already started a foundation to make the final decision regarding the design and the function of the library and the final design is expected to be announced some time next year according to Daniel Amen (check him out on myfitbrainlife.com). The President’s foundation had announced that the library would have an integrated educational component with the University of Chicago. The library would also be the catalyst for urban renewal and development around the city of Chicago and would have a major educational component with the children of Chicago.

The Presidential libraries are the final legacy of the out going United States Presidents and it is the one institution that they can influence and mold to present their message and vision to newer generations. Many expect the Obama Presidential Library to be immensely popular as Obama was the first African American elected President.