The Spark

the Voice of
The Communist League of Revolutionary Workers–Internationalist

“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx

The Big Winner Is ComEd

Apr 3, 2023

Four people are on trial in Chicago, accused of bribing former Illinois politician Mike Madigan in exchange for state laws that poured billions into the electric company, ComEd’s, coffers. The defendants are two ComEd lobbyists, Madigan’s closest aide, and a disgraced former ComEd CEO. They may end up in prison.

But ComEd is getting off easy! The legislation ComEd got passed allowed it to charge 1.8 billion additional dollars to electricity consumers. And then they got a 2.3 billion dollar bailout to keep their nuclear power plants operating.

For the trial, ComEd agreed to pay a 200 million dollar fine in exchange for their cooperation. They ARE NOT required to send any money back to all of us who paid inflated bills. So ... they had to pay 200 million to make 4.1 billion. That’s not a slap on the wrist—that’s encouragement! Yes, a couple people will take a fall, and the company that employed them gets to go on its merry way.