Please join Tom Roeser as he welcomes Ald. Bernie Stone (50th) and John Powers, from the Chicago Daily Observer to Political Shootout at 8PM on WLS AM 890.Listen Live Here Call in here +13125918900
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Synchronicity In a completely overlooked news story from election night, no one in the local broadcast or print media made the connection between two separate stories that were making news simultaneously. While Emanuel supporters were celebrating their candidate‘s victory, a vaguely familiar name from Rahm’s best forgotten past resurfaced in Will County. Jeff Tomczak was defending a client charged in a fatal drunk driving accident which was being tried in Joliet.Jeff Tomczak is, of course,...

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During the tortured effort to rescue failing South Side lender ShoreBank last year, Federal Deposit Insurance Corp. Chairman Sheila Bair called Wall Street banks soliciting investments in the bank, but a new report by the FDIC’s inspector general concluded the intervention wasn’t inappropriate.The report, released Thursday, also disclosed that the estimated loss to the FDIC’s insurance fund from ShoreBank’s failure has grown substantially since its August failure. As of...

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From the Associated Press David Salzer Broder was born in Chicago Heights, Ill., in 1929. He graduated from the University of Chicago and served in the Army from 1951 to 1953 before beginning his journalism career at the Bloomington (Ill.) Pantagraph. He worked for Congressional Quarterly and The Washington Star before joining The New York Times. A fast-rising Times reporter, Broder surprised colleagues in 1966 by leaving after only 18 months. The paper’s often bureaucratic ways frustrated...

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Throughout Chicago’s 174-year existence, the mayoralty has never been a political steppingstone.Instead, it’s the top of the heap. The ultimate achievement. The pinnacle of power. Any other office is, by comparison, inconsequential — except that which requires the occupant to live and work in a big house at 1600 Pennsylvania Avenue in Washington, D.C. For Chicago’s incoming mayor, Rahm Emanuel, age 51, the job is a steppingstone. He is the exception. Having supped the elixir of power...

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Illinois has an election coming up on April 5 where many local contests will be on the ballot including increasing property taxes to fund increased spending on education.  Here’s a roundup: From Oak Park via Jim Bowman Oak Park’s elementary school district understates on the April 5 referendum ballot how much its passage would cost taxpayers, leaving out state equalizer info that ups the ante. We didn’t have to put it in, say the district’s lawyers. The law firm that helped draft District...

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