Does Chicago Think It’s “Too Big To Fail”?

Hey, downstate Illinoisans, the Chicago teachers’ strike could affect your bank account, warns journalist Scott Reeder. “By agreeing to something it knows it can’t afford, the city will have to seek funding elsewhere… Like … Springfield,”

 Reeder writes. “I’ve covered the General Assembly for many years and observed the pattern time and again.” Chicago officials consider themselves “too big to fail,” and thus entitled to bailouts never extended to other communities. http://bit.ly/SzsXB7
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