Wednesday, June 11, 2008

Wednesday news link blog

Crain's
CTA to halt over-budget Loop superstation

At an occasionally testy board meeting, CTA President Ron Huberman blamed inflation in building materials, logistical woes and the unexpected difficulty of relocating a century’s worth of utility lines on the block, located between the Daley Civic Center and Macy’s State Street flagship store.

But angry board members asserted they’d been misled for years about soaring expenditures on the superstation and, without naming him, made it clear that the problems arose during the tenure of Frank Kruesi, whom Mr. Huberman succeeded as president last year.

What went wrong with Rod?: Hinz

Like a good script by Sophocles, the story of what happened to Mr. Blagojevich truly is a tragedy. Political pros will long ponder exactly what occurred.

But some features clearly stick out. Arrogance and inexperience. Wild ambition teamed with bad memory. Too much attention to the wrong things, and not enough to the things that count.

Guv, leaders meet again on budget

The morning meeting comes amid revelations that House Speaker Michael J. Madigan is circulating a memo to legislative candidates about the possible impeachment of Blagojevich. The governor's office fired back at Madigan, accusing him of trying to divert attention from disagreements he has with the governor and other leaders over the budget.

It's the second meeting on the budget. Madigan didn't attend last week's meeting.
Sun-Times
Retired cops subpoenaed, alleged torture probe into Burge ramping up

A spokesman for the U.S. attorney's office declined to comment, but pointed to a statement U.S. Attorney Patrick Fitzgerald made last September announcing his office is engaged in a criminal investigation into the matter.

In January, the city approved a nearly $20 million settlement with four former Death Row inmates who claimed Burge and more than 20 officers who worked with him in the 1970s and 1980s coerced murder confessions from them.

Obama has round-table talk on South Side

Democratic White House hopeful Barack Obama held a round-table talk today on the South Side with three consumers gouged by credit card companies.

“For too long, credit card companies have been using unfair and deceptive practices to trick Americans into signing agreements they can’t afford,” Obama said.

State Republicans blast Madigan memo

CBS2Chicago
Experts: Gas Prices To Stay Above $4 A Gallon
The gloomy forecast for drivers comes from the U.S. Energy Department. The problem, according to experts, is crude oil, which is expected to stay well above $100 a barrel.

Prices have gotten so high for a number of reasons including international demand for oil from places like China, India, and the Middle East.

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