10/18/2008 05:12 am ET | Updated May 25, 2011

Daley Takes On Wall Street, Dodges City Budget

Mayor Richard Daley is criticizing the Federal Reserve's decision to give an $85 billion bailout to troubled insurance giant AIG.

In the latest of his classic verbal broadsides, Daley said Thursday that money would be better spent on education.

"We're bailing out everybody on Wall Street --- how about bailing out young people?" Daley said in an appearance at Morgan Park High School, on the city's Southwest Side. "The whole debate about the economy should be about education ... $85 billion, that's your money. I mean, it's all of our money. I don't know where they get it. It's really interesting. They just print it or something."

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