Financial Expert Sounds Alarm on the City of Chicago – Facing Budget Gap of More Than a Billion Dollars

The city of Chicago is facing a serious financial crisis, and while their budget problems are not a secret, at least one financial expert is trying to sound the alarm.

The city is looking at a budget gap of more than a billion dollars. That is as serious as it gets.

Chicago already spends a massive amount of its budget un debt and unfunded liabilities like pensions, but it’s only going to get worse and Mayor Brandon Johnson doesn’t seem to know how to even approach fixing this.

FOX News reports:

Chicago’s teetering debt is stark warning left-wing mayor is fueling ‘pay later’ doom cycle: expert

Chicago Mayor Brandon Johnson and his administration are presiding over a city in serious financial straits.

Chicago, the nation’s third-largest city, is facing a corporate fund budget gap of more than $1 billion, while its 2025 fiscal year is projected to close with a roughly $150 million deficit with about two-fifths of the budget going toward debt service and pension costs.

Johnson said in April the city was “at a crossroads” and had to “essentially do more with less,” while simultaneously slamming the Trump administration for reportedly threatening federal funding, calling it a “different scenario we weren’t under before.”

Austin Berg, executive director of pro-taxpayer research group Illinois Policy Institute, said markets are looking at the true numbers and are “really concerned” about Chicago…

“The solution set is always the same: Stop making bad decisions, and you have to put a structure in place to make better decisions,” Berg said.

“So, the bad decisions are things like taking one-time revenues from federal COVID spending and putting it into operations. The bad decisions are borrowing for operations, which this latest bond issue just did. That’s a huge no-no and a red flag for investors.”

This is what decades of one party rule gets you.

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Democrats Love Gun Control And Violent Criminals Because Both Can Punish You

While at a gun store recently, I was inundated with warnings against illegally buying a gun for someone else. The counter even had signs threatening up to 15 years in prison. 

They don’t mean it. This was proven a few days beforehand, when a convicted ISIS terrorist opened fire at Old Dominion University, killing an ROTC instructor before the cadets heroically took him out. Not only had this terrorist been set free in the United States after only a brief prison term, but he had bought a stolen gun from a man whom the Biden administration had declined to charge for allegedly repeatedly and illegally buying guns for other people; instead, they had him write an apology letter. So much for 15 years.

Meanwhile, I was at the gun store because Democrats, having taken full control of the state government, are rushing through a radical gun-control agenda, including a ban on so-called “assault weapons,” by which they mean various popular semiautomatic rifles and even handguns. We may hope the courts will do their duty and strike down these blatantly unconstitutional laws, but many Virginians are stocking up in case they don’t. 

A criminal who admitted to illegally buying guns (one of which showed up at a murder scene) got off with a “sorry,” but if a store were to keep selling “assault weapons” after the deadline, Democrats would undoubtedly demand the maximum penalty. Democrats are not actually trying to reduce crime or save lives with their gun-control schemes. If that were what they cared about, they would insist on enforcing the law (including existing gun laws) against actual criminals rather than finding new ways to harass ordinary, law-abiding gun owners. 

Just look around Virginia. The first act of the new Democrat governor was to make the entire state a sanctuary for illegal immigrants. The far-left Fairfax County prosecutor let a particularly dangerous illegal immigrant off the hook again and again, despite police objections, until he allegedly murdered a woman. Also in Fairfax County, public schools allowed an adult illegal immigrant to enroll as a high school student; he then allegedly sexually assaulted girls at least a dozen times — and the county is refusing to hand him over to ICE to be deported.

Part of the left’s obsession with gun control is that actually dealing with crime would mean slaughtering their sacred cows. Hating on some imagined Bubba the southern hick and Chad the suburban gun collector is encouraged, but leftists are not permitted to worry about the crazy homeless guy on the subway, the panhandling junkie outside their door, or thuggish young men loitering around the corner. Expressing those concerns will get Democrats denounced as hateful bigots by their own side.

A recent New York Times piece illustrated how leftists pretend away the obvious about crime. Titled “We Study Mass Shooters. Something Terrifying Is Happening Online,” the column constantly referred to trans-identified killers by their preferred pronouns, and its search for root causes ignored that these murderers were men pretending to be women. This is a perfect example of how left-wing pieties prevent Democrats from actually facing problems and offering real solutions.

This is repeated again and again. Leftists are told not to worry about family breakdown and the evils of fatherlessness, or how mass immigration encourages factionalism and damages social trust and capital. They are not even allowed to notice when massive government spending is an obvious grift (e.g., hundreds of millions spent on homeless programs that don’t fix anything but do keep a lot of NGOs flush with cash). And when welfare money is stolen by the billions, they leap into action to defend the imported criminal gangs systematically defrauding the American government.

But Democrats are allowed to hate guns and gun owners, especially those who are white, male, and Christian. And they are allowed to redirect all their legitimate fears and concerns onto gun owners, who thereby become a scapegoat for all the problems that left-wing ideology prevents leftists from even confronting. 

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Switzerland Temporarily Suspends Arms Exports to the United States Due to Its Neutrality in the War Against Iran

The Swiss Government announced that it will not grant new licenses to export war materiel to the United States while the armed conflict with Iran continues.

This is based on the Swiss federal law on war materiel, which strictly prohibits exports to countries involved in active international armed conflicts.

According to the official statement, “the export of war materiel to countries involved in the international armed conflict with Iran cannot be authorised for the duration of the conflict.”

The United States, which in 2025 was the second-largest buyer of Swiss armaments, now faces blocked new authorizations, although existing ones are not immediately revoked.

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11 Arrested in $6M Scheme Targeting Elderly Homeowners in Los Angeles

Eleven defendants – including two foreign nationals – were arrested today on a 15-count federal indictment charging them with executing a scheme in which they allegedly stole the identities of elderly victims, used that information to obtain title reports for residential properties, then solicited millions of dollars in hard money loans from private lenders by falsely representing the loans as being secured by the elderly victims’ properties.

The criminals allegedly tried to take $17.4 million, but the total actual loss is about $6 million.

The following defendants were arrested this morning and all but two of them are expected to be arraigned this afternoon in the United States District Court in downtown Los Angeles:

  • Nazaret Chakrian, 65, a.k.a. “Niko,” of Hollywood;
  • Arnold Moradians, 57, a.k.a. “Julian,” of Hollywood, an Iranian national who has an outstanding warrant for removal from the United States;
  • Avetis Hekimyan, 38, a.k.a. “Chef Avo,” of North Hollywood;
  • Ross Tarkhan, 32, of Glendale;
  • Tigran Hovanesian, 56, of Glendale;
  • Armen Vardevaryan, 55, a.k.a. “Gonch,” of North Hollywood;
  • Craig Higdon, 66, of Naples, Florida, who will make his initial appearance in the Middle District of Florida;
  • Helen Spangler, 62, of Oakdale, California, who will make her initial appearance in the Eastern District of California;
  • Victor Lossi, 43, of Thousand Oaks; and
  • Marine Sarkisian, 49, of Hollywood, an Azerbaijani national and green card holder.

The following defendant arrested today is expected to be arraigned tomorrow in Los Angeles federal court:

  • Cynthia Borjas, 51, of Koreatown.

All defendants except Hovanesian are charged with one count of conspiracy to commit wire fraud and seven counts of wire fraud. Chakrian, Moradians, Borjas, Hekimyan, Tarkhan, Spangler, Lossi, and Sarkisian are charged with one count of aggravated identity theft. Chakrian, Moradians, Tarkhan, and Hovanesian are charged with one count of conspiracy to commit money laundering. Tarkhan is further charged with five counts of money laundering.

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US Military Not Preparing to Invade Cuba, Senior General Says

The U.S. military is not rehearsing for an invasion of Cuba or actively preparing to take over the island, ​the general in charge of American forces in Latin America told lawmakers in Washington on March 19.

Gen. Francis Donovan, head of U.S. Southern Command, said the United States is ready to defend its naval base at Guantanamo Bay in Cuba, to address any threats ‌to the U.S. embassy, and to support White House efforts to address any mass migration from the island, if needed.

Asked whether the U.S. is rehearsing military operations ⁠that involve seizing, occupying, or otherwise attempting to control Cuba, Donovan replied, “U.S. Southern Command is not.”

Asked whether he knew of any other U.S. military command doing so, Donovan responded, “No.”

Donovan made his comments during a Senate hearing focused on President Donald Trump’s use of the U.S. military in Latin America, following January’s operation to capture Venezuelan leader Nicolás Maduro, who is charged with narco-terrorism offenses. He denies the charges.

The Trump administration has also launched a series of military strikes on suspected drug smuggling boats while expanding counter-narcotics ​alliances with pro-Washington governments in Latin America.

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U.S. Moves to Denaturalize Nigerian National Behind Tax Scam That Targeted Over 259,000 Victims

The U.S. Department of Justice has filed and served a civil denaturalization complaint in the U.S. District Court in Baltimore, Maryland, against Emmanuel Oluwatosin Kazeem, a native of Nigeria who organized a vast conspiracy to steal identities and file fraudulent tax returns. 

In 2017, he was convicted of 19 counts of mail and wire fraud, aggravated identity theft and conspiracy to commit mail and wire fraud and sentenced to 15 years in prison. But in 2024, then-President Biden commuted his sentence after only six years.

The newly filed denaturalization complaint alleges that Kazeem’s fraud scheme, which he committed in the years before and after his naturalization, along with the concealment of his crimes, precluded him from obtaining his naturalization lawfully. The complaint also alleges that Kazeem had, prior to his fraud scheme, engaged in a sham marriage to obtain permanent resident status and then married a second woman, further disqualifying him from naturalization.

“The Trump Administration will not permit wrongdoers to retain the U.S. citizenship that they were never entitled to in the first place,” said Assistant Attorney General Brett A. Shumate of the Justice Department’s Civil Division. “U.S. Citizenship is a privilege, and we will continue to ask courts to revoke a status that was obtained through fraud and deceit.” 

According to court documents and evidence presented at Kazeem’s criminal trial, in May 2013, a victim in Medford, Oregon, notified the IRS that false federal and Oregon state tax returns were filed electronically using her and her husband’s personal identifying information (PII), including social security numbers and dates of birth.

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Virginia Democrats Exempt Legislators From Their Own Gun Law

The 2026 legislative session has come to a close in Virginia, but not without some last minute changes to several gun control laws that are now on their way to Gov. Abigail Spanberger. 

None of the changes benefit gun owners, except for one… and with that bill only a very select number of Virginians will qualify. 

It reads to me like Virginia Democrats did exempt lawmakers from facing misdemeanor charges if they leave one of their guns where it’s visible in their car, so long as it’s in the parking garage reserved for them. 

This isn’t just hypocrisy. This is a taunt from the anti-gun caucus in Richmond, a reminder to Second Amendment advocates that, no matter how many of them might rally on the statehouse grounds in opposition, they have the power to both pass any gun control bill they want and exempt themselves in the process. 

I asked on X whether this would be the one gun bill that Spanberger vetoes in an attempt to look moderate, but I’m not holding my breath. 2A folks are already complaining about her, so what are they going to do about one more legislative middle finger? If she vetoes the bill, though, she’s going against the gun control lobby who spent a lot of money getting her elected and the Democrat majority in the General Assembly. Maybe she lets the bill become law without her signature, but I think the law.. and the exemption for lawmakers, is going into effect later this year. 

***UPDATE***

As it turns out, while the House of Delegates did approve the language exempting lawmakers from the gun storage bill, that language did not make it in to the version that was sent to the governor. Here’s what happened: 

The Senate and House couldn’t agree on the language of HB 110, so it was assigned to a conference committee to hammer out the differences. The substitute bill that emerged on Saturday morning contained the exemption for lawmakers, and was adopted by the House on a 60-36 vote. The Senate, however, asked for a second conference committee (instead of rejecting the compromise bill outright), and the House agreed, apparently on a voice vote. HB 110 was sent back to the drafting table, and when it emerged for the second time, the lawmaker exemption was gone. The Senate quickly passed the bill and the House concurred a short time later. The bill sent to the governor can be found here

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COVID Inquiry Finds Lockdowns May Have Cost THOUSANDS OF Lives

The authoritarian COVID lockdowns and stay-at-home orders sold as life-saving measures have been unmasked once again as a deadly failure of big government overreach.

A new UK Covid-19 Inquiry report has concluded that the relentless “Stay Home, Protect the NHS, Save Lives” messaging likely cost thousands of lives by convincing people they could not get access to health services.

The inquiry, led by Baroness Hallett, slammed the slogan created by Cabinet Office officials without input from health leaders. It “led some people to feel they must avoid burdening the NHS” and “may have inadvertently sent the message that healthcare was closed,” contributing to a sharp decline in A&E attendances for life-threatening emergencies such as heart attacks.

The report states plainly: “It is clear that, during the pandemic, worsening delays in diagnosis and treatment led to increased ill-health and suffering and, in some cases, cost lives.” Some patients waited so long their conditions became “untreatable,” with permanent loss of mobility.

Baroness Hallett stressed: “It is important that government communication campaigns do not deter those in need from accessing healthcare.” She urged future governments to consult healthcare professionals on messaging “to avoid unintended consequences.”

Office for National Statistics data backs this up, recording more than 17,000 excess deaths from non-Covid conditions at the height of the pandemic. Cancer screenings were paused, diagnoses plummeted, and non-urgent care cancellations left patients suffering. Hospital visiting bans were branded too tough, with dying people left alone and families devastated.

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‘Radical’ Biden Judge Reverses RFK Jr. On Trans-Child Surgeries, Other Procedures

A federal judge deemed ‘too radical‘ by GOP lawmakers during his confirmation hearings said on Thursday that he will grant a motion by blue states to vacate (reverse) a declaration by HHS Director Robert F. Kennedy Jr. blocking breast removal and other procedures for youths with gender dysphoria. 

Oregon US District Judge Mustafa Kasubhai, who was appointed by Biden in late 2024 and only confirmed after Senate Democrats invoked cloture on his nomination by a 51-43 vote, said during a hearing that he would soon issue a formal written opinion and an order denying the government’s bid to dismiss the states’ case, and granting the states’ motion for summary judgement, according to court records. 

Kennedy issued a declaration in late 2025 that “ex-rejecting procedures for children and adolescents are neither safe nor effective as a treatment modality for gender dysphoria, gender incongruence, or other related disorders in minors, and therefore, fail to meet professional recognized standards of health care.”

This was based on a report by the Department of Health and Human Services which looked at procedures and treatments available for gender dysphoria, and concluded that many of them risk infertility. The Trump administration said that health care providers who perform breast removal and other procedures would be out of compliance with updated standards, while officials also moved to bar hospitals that participate in Medicare or Medicaid from performing the procedures on children. 

New York and 18 other states immediately sued, claiming that the new rules were illegal, and “amounts to an end-run around the free choice of provider statute because it effectively bars Medicaid beneficiaries from choosing providers that are otherwise qualified, simply because they furnish gender-affirming care to children or adolescents,” the states said in their motion for summary judgement. 

New York Attorney General Letitia James, one of the plaintiffs, said the forthcoming ruling siding with the states showed Kennedy “cannot unilaterally change medical standards by posting a document online, and no one should lose access to medically necessary health care because their federal government tried to interfere in decisions that belong in doctors’ offices.” –Epoch Times

At least 17 hospitals or health centers have been referred for possible punitive action for violating the HHS declaration, they said. 

Government lawyers argued in a brief that the declaration reflected Kennedy’s “non-binding policy position on the safety and efficacy of certain pediatric and adolescent treatment modalities,” and that the HHS report was one of many pieces of information officials considered in their decision. 

The admin also asked the court to dismiss the case over a lack of jurisdiction. 

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Britain’s Islamophobia Panel Linked to Extremism

Zara Mohammed, Secretary General of the Muslim Council of Britain, said “Our view is that the Islamophobia in the Party is institutional, tolerated by the leadership and seen as acceptable by great swathes of the party membership.”

The Muslim Council of Britain is the organization pushing for the British government to accept its restrictive definition of Islamophobia. The group has consistently promoted the definition produced by the All-Party Parliamentary Group (APPG) on British Muslims in 2018–2019. That definition states: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.”

When the U.K. government released its own definition in March 2026, using the term “anti-Muslim hostility” rather than “Islamophobia,” MCB Secretary General Dr. Wajid Akhter called it a “diminished version” of what the government’s own working group had recommended and declined to endorse it.

Working from a restrictive definition of Islamophobia, the British government has been cracking down on free speech in order to appease Muslim groups. In 2025, Hamit Coskun was handed a criminal conviction for burning a Quran outside the Turkish Embassy in London, shouting “F–k Islam” and “Islam is a religion of terrorism.” He was convicted of religiously motivated harassment, alarm, or distress and received a fine of approximately $300 plus a surcharge of $120.

Coskun was attacked by Moussa Kadri, who came at him with a knife, beating and slashing at him. Kadri pleaded guilty to assault and possession of a bladed article and received a 20-week prison sentence, suspended for 18 months, with 150 hours of unpaid work. The judge spared him jail because he had “lost his temper” and was of previously “exemplary character.”

Another recent case involved online speech targeting Islam. Pete North was arrested in 2025 on suspicion of a public-order offence after posting a meme that read “F*** Palestine, F*** Hamas, F*** Islam.” He was later released without charge.

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