The "Chicago Way"

And I'm not talking about the University of Chicago (MBA, '91) way of thinking about economics.  This is the political system that bred your President:

Earlier this month, The Chicago Tribune reported that 23 retired union leaders will collect $56 million from cash-strapped government pension funds — courtesy of a few well-placed lines that were quietly inserted into the state’s 1991 labor law (with no public debate or cost-benefit analysis). It’s the latest in a long line of flagrant abuses — handouts from corrupt politicians who continue to game the system for the personal benefit of a select, powerful few.

For six decades city government workers in Chicago have been granted “leaves of absence” enabling them to work full-time for the unions while retaining their city benefits (including generous pensions). While such an arrangement is patently unfair to taxpayers and should never have been adopted in the first place, some of the abuses that have occurred under its ever-expanding auspices are downright shocking.

That is the system that was the breeding ground for Obama-politics.  Here's the LINK

Chicago/Illinois is probably the worst example, but every major city has budget problems, severely under-funded pension funds and hordes of overpaid, well-vacationed public employees.  This is a system that is in a state of collapse...