Axelrod predicts Burke’s indictment after federal raids – Chicago Sun-Times

“My assumption is that this is a pretty mature investigation. For the FBI to raid an office at city hall knowing that it’s going to be a public event –– and cover windows with paper — suggests to me that this wasn’t an exploratory effort, but the end of an investigation,” Axelrod said Friday.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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