7/9/09

"Remember, you're saddled if you win."

Political analyst & President of Serafin & Associates, Inc. Thom Serafin offers his take on the bombshell dropped by Illinois Attorney General Lisa Madigan in announcing that she will seek re-election. Madigan's decision translates to an all-out free fall in Illinois political circles, as both Democrat and GOP hopefuls throughout the state scurry to re-vamp their ambitions. Serafin notes that Madigan -- a young, accomplished rising star -- has plenty of time to seek higher office in the future. He adds that whoever ultimately wins the governorship in 2010 will be "saddled" with Illinois' dire fiscal situation.