Archive for the ‘Chicago Tribune’ Category

Rahm Emanuel Can Bring Down Obama

March 26, 2009

The Chicago Tribune is an example of a newspaper America needs to speak truth to power.  And in this environment of failing newspapers, many people like Barack Obama, Rahm Emanuel and Rod Blagojevich would like the Trib to just go away……

Rahm Emanuel has been discussed as a possible troublemaker or ringleader in many questionable White House operations — already — but we’ve noticed that Bill O’Reilly won’t say anything about this until and unless more is disclosed.

What we do know is that Emanuel has a daily phone call with ABC news host George Stephanopoulos of “This Week,” frequent CNN talking head Paul Begula and James Carville.

We suspect Emanuel has a hand in the far left liberal media manipulation effort but we don’t see a “conspiracy;” just a tendency toward very inappropriate conduct: the kind that got the Nixon White House into trouble.

That’s not much….

Emanuel is also apparently one of the first to say, “never waste a good crisis.”

When asked why the White House Chief of Staff, President Obama’s Chief of Staff, got involved with trashing Rush Limbaugh, Charles Krauthammer said, “Because he loves to make mischief, because he wants to stay in power and because it is fun.”

Related:
 There’s More Room For Rahm In AIG Bonus Abomination

Arrogance Blinds “Public Servants”

Daily Conference Call: Emanual, Carville, Stephanopoulos, Begula

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Before its portfolio of bad loans helped trigger the current housing crisis, mortgage giant Freddie Mac was the focus of a major accounting scandal that led to a management shake-up, huge fines and scalding condemnation of passive directors by a top federal regulator.

The Chicago Tribune

One of those allegedly asleep-at-the-switch board members was Chicago’s Rahm Emanuel—now chief of staff to President Barack Obama—who made at least $320,000 for a 14-month stint at Freddie Mac that required little effort.

As gatekeeper to Obama, Emanuel now plays a critical role in addressing the nation’s mortgage woes and fulfilling the administration’s pledge to impose responsibility on the financial world.

Emanuel’s Freddie Mac involvement has been a prominent point on his political résumé, and his healthy payday from the firm has been no secret either. What is less known, however, is how little he apparently did for his money and how he benefited from the kind of cozy ties between Washington and Wall Street that have fueled the nation’s current economic mess.

Read the rest:
http://www.chicagotribune.com/news/politics/o
bama/chi-rahm-emanuel-profit-26-mar26,0,
5682373.story

The Chicago Tribune is an example of a newspaper America needs to speak truth to power.  And in this environment of failing newspapers, many people like Barack Obama, Rahm Emanuel and Rod Blagojevich would like the Trib to just go away……

No, he wasn't thumbing his nose at ex- White House staffers. At least no one thinks he was. As new presidential Chief of Staff Rahm Emanuel made his way to his seat for the inauguration, his former congressional colleagues playfully heckled the ex- Illinois congressman from their seats on the inaugural platform. Ever combative, and equally playful, Emanuel heckled them back, spokeswoman Sarah Feinberg said.
Emanuel at Obama’s inauguration in January….

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Dick Morris On Rahm Emanuel

Published in the New York Post February 17, 2009

News broke last week that Rahm Emanuel, now White House chief of staff, lived rent- free for years in the home of Rep. Rosa De Lauro (D-Conn.) – and failed to disclose the gift, as congressional ethics rules mandate. But this is only the tip of Emanuel’s previously undislosed ethics problems.

One issue is the work Emanuel tossed the way of De Lauro’s husband. But the bigger one goes back to Emanuel’s days on the board of now-bankrupt mortgage giant Freddie Mac.

Emanuel is a multimillionaire, but lived for the last five years for free in the tony Capitol Hill townhouse owned by De Lauro and her husband, Democratic pollster Stan Greenberg.

During that time, he also served as chairman of the Democratic Congressional Campaign Committee – which gave Greenberg huge polling contracts. It paid Greenberg’s firm $239,996 in 2006 and $317,775 in 2008. (Emanuel’s own campaign committee has also paid Greenberg more than $50,000 since 2004.)

To be fair, Greenberg had polling contracts with the DCCC before – but each new election cycle brings its own set of consultants. And Emanuel was certainly generous with his roommate.

Emanuel never declared the substantial gift of free rent on any of his financial-disclosure forms. He and De Lauro claim that it was just allowable “hospitality” between colleagues. Hospitality – for five years?

Some experts suggest that it was also taxable income: Over five years, the free rent could easily add up to more than $100,000.

Nor is this all that seems to have been missed in the Obama team’s vetting process. Consider: Emanuel served on the Freddie Mac board of directors during the time that the government-backed lender lied about its earnings, a leading contributor to the current economic meltdown.

The Federal Housing Enterprise Oversight Agency later singled out the Freddie Mac board as contributing to the fraud in 2000 and 2001 for “failing in its duty to follow up on matters brought to its attention.” In other words, board members ignored the red flags waving in their faces.

The SEC later fined Freddie $50 million for its deliberate fraud in 2000, 2001 and 2002.

Meanwhile, Emanuel was paid more than $260,000 for his Freddie “service.” Plus, after he resigned from the board to run for Congress in 2002, the troubled agency’s PAC gave his campaign $25,000 – its largest single gift to a House candidate.

That’s what friends are for, isn’t it?

Now Rahm Emanuel is in the White House helping President Obama dig out of the mess that Freddie Mac helped start.

The president’s chief of staff isn’t subject to Senate confirmation, but his ethics still matter. Is this the change that we can depend on?

Read Michelle Malkin:
http://michellemalkin.com/200
9/03/26/rahms-ill-gotten-gains/

http://84rules.wordpress.com/
2009/03/27/obama-wants-tran
sparency-not-if-it-exposes-the-w
hite-house-chief-of-staff-rahm-e
manuel/

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Blagoyevich Holds Press Conference Asking For Changes in Impeachment Rules, Support From Media

January 23, 2009

He’s impatient, eager and restless.  He’s innocent.

So he says.

He wants to call witnesses in his impeachment trial; which would seem a normal form of American due process.

But the Illinois Senate has crafted impeachment rules to put Governor Rod Blagojeech into a straightjacket, it seems.

Which is where he might belong.

But Blago is not yet indicted, mush less on trial.  He stands impeached: with is a non-judicial proceedure to remove him from the Governor’s office.

The AP Said: Impeached Illinois Gov. Rod Blagojevich says he’s boycotting his impeachment trial next week because the process is unfair, not because he’s being defiant.

At a news conference Friday, Blagojevich said his constitutional rights are being trampled under the Senate rules because he cannot call the witnesses that he wants at his impeachment trial.

But who is listening?  Not Blago’s lawyer.

“I never require a client to do what I say but I do require them to at least listen to what I say. … I wish the governor good luck and godspeed,” said prominent Chicago defense lawyer Ed Genson in brief remarks to reporters.

Genson told Blago to get a new lawyer yesterday.

Illinois Governor Rod Blagojevich pauses as he presides over ... 
Illinois Governor Rod Blagojevich.(Frank Polich/Reuters)

“Let’ give him a fair trial, then hang him,” Blagojevech said of himself, quoting some old Western movie.

In another of his classic, rambling news conferences, the impeached Governor of Illinois said he wanted to call White House Chief of Staff Rahm Emanuel as a witness, Representative Jesse Jackson, Jr., and others.

He made a plea or a play for support from newspapers like the Chicago Tribune: newspapers he has maligned and tried to destroy in the past.

chicagotribune.com 

“The irony is stunning,” said Sheperd Smith on Fox News Channel.

Shepard Smith 20071115.jpg

Blago wants the right to challenge the charges and call witnesses.

But he never mentioned the core issue: his apparent effort to sell the U.S. Senate seat vacated by Barack Obama.

Related:
Guantanamo Terrorists Getting More Rights Than Blagoyevich, Judge Says

Fox News Channel report:
http://www.foxnews.com/politics/2009/01/22/bla
gojevich-compares-arrest-attack-pearl-harbor/

From CNN:
http://www.cnn.com/2009/POLITICS/01
/23/blagojevich.attorney/index.html

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Illinois‘ embattled but defiant governor turned to the history books to describe the emotional strain on him and his family, comparing his arrest last month to Japan’s attack on Pearl Harbor.

“Dec. 9 to my family, to us, to me, is what Pearl Harbor Day was to the United States,” Gov. Rod Blagojevich told The Associated Press in an interview Thursday. “It was a complete surprise, completely unexpected. And just like the United States prevailed in that, we’ll prevail in this.”

The two-term Democrat, speaking on a snowy sidewalk outside the office of one of his attorneys, said there was no chance he would resign before the start of his impeachment trial in the state Senate next week.

“I’m going to fight this to the very end,” he said.

But that fight, Blagojevich said, most likely won’t include his appearance at the trial, which is set to begin Monday. The governor, along with his lawyers, say the trial rules are unfair, in part because they bar him from calling witnesses who are likely to be called in any criminal corruption trial later.

“I’m not going to be a party to that process,” he said. “That would be a violation of my oath of office. That, to me, would be an impeachable offense.”

He said his decision came from what he called a “bigger principle,” which he said includes due process and the right to call witnesses.

“In some respects it’s an honor to fall on principle on behalf of the people,” he said.

Blagojevich, wearing a black leather jacket and gripping a blue legal folder, also accused legislators of “a rush to judgment,” saying they wanted him gone so they could pass tax legislation.

“The reason they’re doing this is because they can’t wait to get rid of me so they can raise taxes on the people of Illinois,” he said. “This is as much about a tax increases as it is about anything else.”

Blagojevich is accused of scheming to benefit from his power to name President Barack Obama‘s replacement in the U.S. Senate.

Speaking for more than 40 minutes on Chicago station WLS-AM, Blagojevich said he couldn’t discuss specifics of the federal corruption charges against him — but insisted he hasn’t done anything wrong.

“And it was, of course, part of a political process that is not that inconsistent with the way the process works,” he said.

The governor told the AP that with all the pressures on him, being the butt of jokes on late-night TV shows wasn’t among them. The governor said he has not seen any of the parodies and asked a reporter if they were any good.

“People can criticize and vilify, they can do skits on `Saturday Night Live‘ — I think that goes along with the territory,” he said. “But what I won’t do is cave in and sacrifice the people of Illinois and be party to some phony farce, some unconstitutional process that’s designed to remove me from office so these lawmakers can raise taxes on people.”

Meanwhile, Lt. Gov. Pat Quinn, who would become governor if Blagojevich resigns or is removed, told the AP Friday he has gotten no help from Blagojevich in preparing for that possibility, but that he’s up to the task of taking over.

Associated Press writer Deanna Bellandi in Chicago contributed to this report.

Without a Proper Donation to Blagojevich, Jesse Jackson Family Had Little Chance

December 17, 2008

Even without a trial, it seems, Governor Rod Blagojevich of Illinois has been condemned by pulic opinion….

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Shortly after his 2002 election, Gov. Rod Blagojevich told Rep. Jesse Jackson Jr. he didn’t appoint the congressman’s wife as lottery director because he had refused him a $25,000 campaign donation, a person familiar with the conversation told The Associated Press on Tuesday. “Blagojevich went out of his way to say, ‘You know I was considering your wife for the lottery job and the $25,000 you didn’t give me? That’s why she’s not getting the job,'” the person said, speaking on condition of anonymity because of the ongoing federal investigation.

Jackson’s name has played prominently ever since Blagojevich was arrested last week on corruption charges, including allegations that he tried to sell or trade President-elect Barack Obama‘s vacant Senate seat for personal gain.

By DON BABWIN, Associated Press Writer

Rep. Jesse Jackson Jr. answers questions about a report involving ... 
Rep. Jesse Jackson Jr. answers questions about a report involving his brother Jonathan outside his house in Chicago, Friday, Dec. 12, 2008. As calls for the impeachment Illinois Gov. Rod Blagojevich intensified,, the Chicago Tribune reports in a story for Friday’s editions, citing unnamed sources, that businessman Raghuveer Nayak and Blagojevich aide Rajinder Bedi told attendees at an Oct. 31 meeting that they needed to raise the money for the governor to ensure Jackson’s appointment.The Oct. 31 meeting led to a Blagojevich fundraiser held Saturday that was co-sponsored by Nayak. The governor attended, as did Jackson’s brother Jonathan, who went into business with Nayak several years ago, according to the newspaper report.(AP Photo/Paul Beaty)

Jackson has been identified as one of the candidates Blagojevich was considering for the seat, and a criminal complaint said his supporters were willing to raise $1.5 million for the governor if he picked the congressman.

Read the rest:
http://news.yahoo.com/s/ap/20081217/ap_on_re_u
s/illinois_governor_jackson

Will More Bankruptcies Follow Tribune’s?

December 10, 2008

Although Tribune Co. has the distinction of being the first major newspaper publisher to seek bankruptcy protection in this sour economy, it is hardly alone in facing the deadly combination of high debt and declining advertising revenue.

For a sense of who might be next, consider publishers that have put individual papers up for sale or have had trouble meeting their debt contracts.

By Anick Jesdanun            
The Associated Press

A picture of the Tribune tower in Chicago, Illinois December ...

Read the rest:
http://money.aol.com/news/articles/_a/bbdp/will-more-bank
ruptcies-follow-tribunes/272904

Nation-Wide Media Giant “Tribune Company” Files for Bankruptcy

December 8, 2008

Media giant Tribune Co., saddled with billions in debt since it became a privately held company last year, has hired bankruptcy advisers, according to its flagship newspaper, the Chicago Tribune.

chicagotribune.com 

The Chicago-based company owns a coast-to-coast empire with television stations and newspapers in most of the nation’s largest cities. Its holdings include the Los Angeles Times; cable television super-station WGN in Chicago; the Baltimore Sun; and WDCW-50 in Washington, the CW affiliate. The company even owns the Chicago Cubs. 

By Frank Ahrens
Washington Post Staff Writer

Read the rest:
http://www.washingtonpost.com/w
p-dyn/content/article/2008/12/0
7/AR2008120702039.html?hpid=topnews

NLC-CHC-Logo.png

The Cubs may be for sale…