Cook County Associate Judge Donald D. Panarese Jr. today set bond at $1.5 million for a white Chicago police officer charged with murder after a squad car video caught him fatally shooting a black teenager 16 times.Officer Jason Van Dyke has been locked up since last Tuesday when prosecutors charged him with first-degree murder in the shooting death of 17-year-old Laquan McDonald. On the same day, authorities released the dashcam video that shows McDonald — armed with a small knife and walking down a street on the …