Banks Threatening Chicago with a Detroit Like Collapse? Re-elect Rahm or Else?

[Ichingcarpenter]

Historian Rick Perlstein, a Chicago local, has been chronicling this election and in this piece for In These Times he lays out the case for Garcia’s experience and political know-how. He also notes that the Emanuel campaign along with his various Republican spokesmen have been doing what you’d expect: issuing thinly veiled attacks on Garcia as lacking “responsibility” if you know what they mean.

It was Illinois’s Republican senator Mark Kirk who came closest to going there. At Pulaski Day ceremonies last Monday, he absurdly asserted, “Rahm’s reelection is essential to maintaining the value of Chicago’s debt market. … It’s a concern if we have some of the less responsible people running against him.”

Understand: at the time, there weren’t “people” running against him, there was a person: the Mexican-American immigrant Chuy Garcia.

The racial overtones in his reference to “those people” was made crystalline by his next statement: “None of them could command the respect of the bond market. A collapse of Chicago debt, which already happened with Detroit, I think would soon follow if somebody who was really inexperienced and irresponsible replaced Rahm.”

Expect more provocations like that as campaign unfolds. Also, expect Garcia not to take the bait.

http://12160.info/page/banks-chicago-detroit



Chicago Tribune, Sun-Times endorse Emanuel in mayor's race

http://www.myfoxchicago.com/story/28582518/chicago-tribune-sun-times-endorse-emanuel-in-mayors-race



Rahm Emanuel jumps on the Hillary Clinton bandwagon

Emanuel, a former political adviser to President Bill Clinton and White House chief of staff to President Obama, has signed up with Ready for Hillary and will host two Chicago fundraisers for the pro-Clinton superPAC on June 5.

http://www.washingtonpost.com/blogs/post-politics/wp/2014/05/09/rahm-emanuel-jumps-on-the-hillary-clinton-bandwagon/

[djean111]

1. Rahm Emanuel jumps on the Hillary Clinton bandwagon - of course he does.

At this point, if she were to run, and win, I would not be surprised to see Rick Warren give the convocation and Emanuel appointed as chief of staff and Larry Summers (or Jamie Dimon) as Secretary of the Treasury.

[stillwaiting]

2. Those would be hideous appointments. nt

[djean111]

3. They were hideous the first time. Now that the "D" stands for "Da Third Way", nothing would

surprise me.

[brooklynite]

4. The Clinton story is a year old...

[Ichingcarpenter]

5. He's a clinton boy through and through so its irrelevant when

the story happened he jump in early with fund raisers for her........ he's your candidate's biggest fan.

[hobbit709]

6. About time to set up the good doctor's invention in front of the banks.