You can bet that Mayor Richard M. Daley and his political machine will be lining up to get their cut of the hundreds of billions of federal financial rescue package to bail out Chicago from a budget crisis brought on by years of corruption, cronyism, loafing and insider dealings.You'll want to read this one.
Daley and his minions, of course, are counting on president-elect Barack Obama to slice a hunk of the $700-billion-and-growing federal bailout to rescue a city budget that is deep in the red.
Wednesday, November 12, 2008
Chicago Bailout?
Dennis Byrne of The Chicago Daily Observer reports: