Chicago’s ethics ordinance infinitely stronger than state version, top ethics officials say – Chicago Sun-Times*
“The back-handed compliment comes from top ethics officials in a city notorious for public corruption where a parade of aldermen have gone to federal prison. It’s yet another slap at the widely-ridiculed, six-month lobbying ban approved by the Illinois Legislature in response to the Commonwealth Edison bribery scandal.”

New Illinois homebuyers, particularly at the low-cost end, may end up realizing that they bought into a surge created artificially and temporarily by the Fed. When the Fed’s largess ends, Illinois’ traditional problems and their impact on home prices may return with a vengeance.