Even more so than most cities, Chicago has had the best government money can buy. In this case, the money is willing to engage in a scorched-earth policy of crushing local investors and wrecking the city budget to achieve its end of taming unions and making Chicago even easier pickings for looting via infrastructure sales.
US President Barack Obama's ex-enforcer Rahm Emanuel was crowned mayor of Chicago, picking up the mantle from retiring mayor Richard Daley, who has governed the US city for 22 years."I want to extend my congratulations to Rahm Emanuel on a well-deserved victory tonight," Obama said in a statement released minutes after Emanuel's acceptance speech."As a Chicagoan and a friend, I couldn't be prouder. Rahm will be a terrific mayor for all the people of Chicago."