- Ashlee Rezin/for Sun-Times Media
- Mayor Rahm Emanuel needs to play hardball with lenders.
At the risk of alienating my many banker friends, I’d like to join Mayor Rahm’s fledgling crusade against the capitalist swine whose exorbitant interest rates are like a millstone around our fair city’s neck.
Only one other city of more than 500,000 has achieved such a dubious distinction—and that would be Detroit.
Moody’s issued its report a few days after the Illinois Supreme Court ruled against a state law intended to cut pensions.
Hey, mayor lovers, don’t get mad at me. I’m just paraphrasing what Moody’s is saying.
Even though the budgets weren’t balanced and he actually did raise property taxes.
Here you go, Mayor Emanuel, read it yourself.
