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CME CEO Terry Duffy Says Employees Too Scared To Return To Office Due To Chicago’s Crime Surge

Published

3 months ago

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Getty Images / Rex_Wholster

The incredible crime fighting skills of Lori Lightfoot have already driven Ken Griffin out of Chicago, as we noted last year. Now, it looks like CME Group Inc.’s Terry Duffy could be next. 

Duffy had already been outspoken to Chicago’s mayor about fighting crime – and, according to Bloomberg, that was before his wife was carjacked.

Duffy told the ICE House Podcast this week: “Three o’clock in the afternoon, my wife got carjacked right in the city of Chicago and it’s absolutely insane what’s going on here. Ninety percent of the carjackings in Chicago are done by juveniles. So the juveniles go in and they come right back out literally an hour later.”

The CME head grew up on the Southwest side of Chicago, the report notes, and currently works from a skyscraper downtown. But he says that crime in the city is inciting fear amongst his employees, who no longer want to return to the workplace. 

He said after challenging Lori Lightfoot on crime, she responded by saying the homicide rate was falling. “I said, ‘don’t go there. Please don’t go there.’ One is too many,” Duffy responded.

Lightfoot did not make it to a runoff after placing third in the city’s recent election for mayor. That’s likely due to the fact that crime was up 41% last year and has been up 33% since 2019, Bloomberg reports. 

“It was a tough time growing up in Chicago,” Duffy said, lamenting some optimism that the city could eventually get better and that the problem is wider spread than just Chicago. “So yes, we we’ve been on our back foot a few times… But I think we try to move forward and hopefully we can do it again.”

Others aren’t as optimistic. Recall, last year we noted that Citadel’s Griffin said  “Chicago is like Afghanistan, on a good day, and that’s a problem.” He also said that he saw “25 bullet shots in the glass window of the retail space” in the building he lives in.

“It just tells you, like, how deep crime runs in this city. There is nowhere, where you can feel safe today walking home at 9:30 at night and you worry about your kids coming to and from school.”

“Chicago will continue to be important to the future of Citadel, as many of our colleagues have deep ties to Illinois,” Griffin wrote, before explaining that the ties will not be that deep. “Over the past year, however, many of our Chicago teams have asked to relocate to Miami, New York and our other offices around the world,” he concluded. 

This post was originally published at Zero Hedge

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crime

“It’s Just Not Safe”: Decades-Old Baltimore Business Closes Shop Because Of Crime, Blames Democrats

Published

2 weeks ago

on

15 May, 2023

Zero Hedge

Getty Images / Gwengoat

In cities stretching from Washington, D.C., to Baltimore, New York City, Chicago, and numerous cities along the West Coast, progressive leadership has failed to enforce law and order. These crime-ridden metropolises are experiencing an exodus of businesses of all sizes due to a tidal wave of thefts. 

The latest incident comes as a mom-and-pop business, operating in Baltimore City for more than four decades, has been forced to shutter operations because of numerous armed robberies. 

Jody Rosoff, the owner of Doc’s Smoke Shop in Baltimore’s Highlandtown neighborhood, told local media Fox 45 that she has been robbed at gunpoint for the second time in six months and just recently had to shoot an intruder. 

“This is our second armed robbery in six months,” Rosoff said. 

She said her business has been operating in the city for decades and now has to close up shop because “it’s not safe for anybody on this street that’s a small business owner.” 

“We have been here in the city for 44 years. For 44 years, we’ve paid property taxes, retail sales taxes, and we have employed people. It’s just not safe. It’s not safe for my employees or for me. It’s not safe for anybody on this street that’s a small business owner. We can’t afford armed security. The business just isn’t there.”

It turns out the robber was a convicted felon with a lengthy record spanning more than two decades. She pointed to the city’s progressive leadership for “soft on crime policies” that keep dangerous people on the street. 

“Shame on the mayor, shame on the judges, and the prosecutors and our former state’s attorney for letting this happen to Baltimore City,” Rosoff said.

Meanwhile, in the city’s downtown district, shootings, carjackings, muggings, and out-of-control packs of teenagers are wreaking havoc. 

Why Democrat leadership has let the city deteriorate so badly is beyond comprehension… There is no accountability with leadership’s failed policies. However, businesses are leaving (read:“Entire Downtown Is Effectively Dead:” Baltimore City Descends Further Into Turmoil). 

Beyond Baltimore, businesses across NYC, Chicago, Portland, and San Francisco, to name a few, are leaving as crime surges. While Democrats don’t want to be accountable for their failed policies, a symptom of such failure is the exodus of companies (as well as people). 

The exodus of liberal cities is an ongoing theme post-virus pandemic and will continue until law and order is re-established. Just look at the chaos earlier last week in San Francisco. 

Democrats have transformed parts of this country into a clown world by abandoning law and order. 

This post was originally published at Zero Hedge

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Elon Musk: Why Does The Media Misrepresent Interracial Crime Stats ‘To Such An Extreme Degree’?

Published

3 weeks ago

on

7 May, 2023

Chris Menahan | Information Liberation

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Twitter CEO Elon Musk on Saturday questioned why the media misrepresents “the real situation” when it comes to interracial violence “to such an extreme degree.”

The media’s lies are getting innocent people killed and may be inciting more anti-white violence than ever. 

Whereas Twitter was used in the past to incite anti-white hatred, Twitter under Musk is actually countering hate hoaxes and disinformation, including the media’s lies about Jordan Neely.

The significance of Musk’s Twitter takeover could be monumental. 

This post was originally published at Information Liberation

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NYC Mayor Blasts AOC For ‘Interfering’ in Investigation of Jordan Neely Subway Death

Congresswoman claimed Neely was murdered for being poor.

Published

4 weeks ago

on

5 May, 2023

Nathan Howard via Getty Images

New York City Mayor Eric Adams has blasted Rep. Alexandria Ocasio-Cortez, D-N.Y., for ‘interfering’ with the investigation into the subway death of Jordan Neely.

Neely, who is black, was tackled and placed in a chokehold during the incident which occurred onboard an F train in lower Manhattan on Monday.

Neely was tackled by a white marine and other non-white passengers after reportedly making violent threats.

“I don’t mind going to jail and getting life in prison,” freelance journalist Juan Alberto Vazquez, who shot the video of the incident, recalled Neely saying. “I’m ready to die.”

Neely had over 40 prior arrests to his name and an open warrant out for his arrest in the assault of a 67-year-old woman in Manhattan’s East Village.

According to Neely’s aunt, he was a homeless schizophrenic.

Although the marine who put him in a chokehold was initially taken into custody and later released, the District Attorney is mulling over whether to press involuntary manslaughter charges.

Prominent Democrats responded to the incident by holding up Neely as a martyr who was murdered unjustly or even “lynched,” with New York Governor Kathy Hochul (D) claiming Neely was “killed for being a passenger.”

Others are circulating videos of him doing Michael Jackson impersonations on the subway.

However, as far back as 9 years ago, subway riders were warning other passengers that Neely had started acting like a “maniac”.

Others claimed he had tried to push people onto the tracks.

Another video shows Neely violently confronting a man on the street.

AOC responded to the incident by suggesting Neely was murdered for being poor, tweeting, “Jordan Neely was murdered. But bc Jordan was houseless and crying for food in a time when the city is raising rents and stripping services to militarize itself while many in power demonize the poor, the murderer gets protected w/ passive headlines + no charges. It’s disgusting.”

However, New York City Mayor Eric Adams blasted the Congresswoman for her comments during an appearance on CNN.

“I don’t think that’s very responsible at the time when we’re still investigating the situation. Let the DA conduct his investigation with the law enforcement officials,” said Adams.

“To really interfere with that is not the right thing to do. I’m going to be responsible and allow them to do their job,” he added.

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