Bill Knight

Local Commentator

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Bill Knight - November 1
12:53 pm
Wed October 31, 2012

The Betrayal of the American Dream

Bill Knight

The new book by Pulitzer Prize-winning journalists Donald Barlett and James Steele is, they say, “the story of how a small number of people in power have deliberately put in place policies that have enriched themselves while cutting the ground out from underneath America’s greatest asset – its middle class.

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Bill Knight – October 25
11:01 am
Wed October 24, 2012

Constitutional Amendment Won’t Fix Pension System

Bill Knight

Most Illinois voters might be surprised by their ballot when they vote next month – but they’ll be shocked by the consequences if it passes. Proposed Constitutional Amendment 49 “adding Sec. 5.1 to Article XIII,” claims to address the state’s pension obligations.

First, given the shortfall of more than $80 billion in Illinois’ five pension plans, voters should ask how a new Sec. 5.1 would deal with the money the state owes those pensions. It does nothing.

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Bill Knight – October 18
10:50 am
Wed October 17, 2012

Big Business Not Hiring Despite Profits

Bill Knight

The country’s unemployment crisis is because workers no longer have marketable skills prospective employers want, according to corporate-cozy politicians who repeat Big Business’s excuse for not hiring, despite record corporate profits.

Such a justification is another “blame-the-victim” attack rather than helping jobless Americans.

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Bill Knight - October 11
10:52 am
Wed October 10, 2012

Bi-Partisan Disapproval of Congress

Bill Knight

If there’s anyone as unpopular as the NFL’s replacement referees this fall, it’s Congress.

After all, “action” such as Senate Republicans on Sept. 19 killing the veterans jobs bill –endorsed by the American Legion (and co-written by four GOP Senators who followed orders and voted against it!) – may be one reason, tied to the GOP’s strategy to stall or stop government, apparently hatched in a 2009 meeting.

Some 9 out of 10 Americans disapprove of Congress, according to a new Gallup poll. Before 2007, the disapproval rating topped 80 percent only twice.

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Bill Knight – October 4
11:09 am
Wed October 3, 2012

Bain Capital & Jobs Outsourced from Illinois

Bill Knight

One of the most recent groups of U.S. workers to see their jobs outsourced is in Illinois, and they have Mitt Romney’s Bain Capital to blame.

Freeport’s Sensata Technologies – majority-owned by Bain Capital, the private equity firm once headed by Romney – is another example of how venture capital and globalization function for regular Americans.

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