That sound you hear is Mike Madigan blowing a gasket.
There was actually talk that Emanuel might not be able to run because of the city's residency requirement. Anyone who really thought that would be an obstacle needs to retake Introductory Illinois Politics. Focus on the chapter about how Alan Keyes was able to run for the Illinois Senate seat despite only living in Illinois for two months. Use your highlighters, there will be a test.
Oh, this is going to be messy. Fun, but messy. Madigan and Emanuel don't get along. If Emanuel becomes mayor, he's going to flip his shit. You know, cloud, silver lining, all that....
The reason for Rahmbo's behavior is because money won't necessarily help him here. He has a huge war chest of national funds. Problem -- none is local, so he doesn't have a base in Chicago to get the word out. First problem is this national angle. Rahmbo is tied pretty close with Obama. Election results indicate that isn't exactly a plus. I think it's just anti-incumbent, not specifically anti-Obama. EVERYBODY'S running scared right now. I don't think the unions are a problem. I used to be union, and the union did some pretty dippy shit politically (and they got pissed at me for telling people about the candidates, making some of them throw out their palm cards). The big test, the one that will probably have the biggest impact on Emanuel's decision, is how does Alexi Giannoulias do in the polls.
Giannoulias is facing an uphill battle in the polls. He worked for the family-owned Broadway Bank, which went belly up earlier this year. Feb 14, 2006, it loaned $22.75 mil to Riverside District Development LLC. One of the owners is Tony Rezko, Chicago's biggest fixer. No D in Illinois gets anywhere without him being involved somehow. (Giannoulias' opponent, Mark Kirk of the R's, is also playing fast and loose with the facts. He told the Sun Times the family "took $70 million out of the bank before its collapse". Uh, most of that went to pay taxes, dude.)
Campaign commercials for Giannoulias feature Obama making stump speeches about how wonderful he is and kind of push him to the background. If he wins, it will be seen as proof that Obama is not a liability to candidates. If he flops, Rahmbo will return to Washington.
An Emanuel campaign effectively kneecaps Guitierez's campaign. Rahmbo moves too quickly, he was the head of Daley's Hispanic patronage army, so he likely has lots of favors he can call in to sew up the Hispanic block. Tom Dart is Daley's friend, and while he doesn't get along with Madigan, Madigan has given his blessing. Faced with a bigger pain in the ass gunning for the biggest city in Illinois, Madigan will start shifting resources towards Dart to try to beat this guy.
That takes care of the Hispanic and white tribes in Chicago, what about the blacks? With Triple J (Jesse Jackson Jr.) officially a street pizza, Meeks is still looking like the front runner, despite some comical competition. Roland "Tombstone" Burris wants to run. Burris has an ego the size of Canada. Oak Woods Cemetery has a tombstone monument for him, and it's huge. It features the word "trailblazer". Burris likely chiseled it there himself. Never mind that he ran for mayor back in 1995 and only got 36 percent of the vote, and that was before he became the flak catcher for Illinois D's in Congress. Also talking is Carol Mosley Braun. Braun was once famously described by Aaron Freeman as "the first politician to destroy their career without making any money". Braun has a LOT of baggage, and if she makes it to the run-off, she's gonna get spanked. The question is, can the black tribe have enough support to lift Meeks to the run-off? Remember, getting people keyed up about politics is one thing. Getting them to actually go to the voting booths is a whole other problem.