Column: Feds’ misdirection play relates to ComEd bribery probe – Champaign News-Gazette*

Jim Dey: "It’s not unusual for federal prosecutors to induce cooperation in probes like this by going easier on compromised family members of a potentially important government witness, in this case the senior Acevedo. The Acevedo indictment comes as more bad news for the beleaguered Madigan, whose once monumental power base has collapsed over the past four months."

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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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