South Side Ald. Willie Cochran pleaded guilty March 21 to felony wire fraud for spending his ward’s charity funds on personal expenses. That’s 30 Chicago aldermen convicted of corruption since 1972.
Chicago Mayor Rahm Emanuel announced Jan. 4 that longtime Ald. Ed Burke resigned as chairman of the city’s finance committee. The move came the day after federal agents served Burke an attempted extortion charge.
Federal prosecutors claim Burke used his position as alderman to solicit business for his law firm, which specializes in Cook County property tax appeals. Felony attempted extortion could come with up to 20 years in prison.
After unanimous approval from the Illinois House of Representatives, the Illinois Senate has remained conspicuously silent on a bill meant to address one man’s dominance of a little-known network of government authorities.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.