By Steve Rhodes
Rich Miller has a roundup of Dan Ryan Shutdown coverage here, including the Twitter tussle between the mayor and the governor.
Which reminds me of this interview from 2016 I just came across by accident last week (unless I just forgot about it) with Bruce Rauner describing the first time he met Rahm Emanuel. The part I wanted to excerpt is just too long to re-post here, so click on the link and see for yourself.
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And indeed, Rauner helped make Rahm rich. You could almost say Rauner was Gordon Gekko to Rahm’s Bud Fox!
Almost.
“Confidants of Mr. Emanuel’s said he decided to try his hand at business because he wanted financial security for his family, before eventually returning to public service, ” the New York Times reported in 2008.
Financial security? Rahm wanted to be filthy rich. That’s a fact.
“He had a number in his head to make enough for the family,” said Ezekiel J. Emanuel, one of Rahm’s two brothers and a prominent bioethicist at the National Institutes of Health.
Enough for the family.
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“One of Mr. Emanuel’s major deals was the purchase in 2001 of a home alarm business, SecurityLink, from SBC Communications, the telecommunications company that was run by William M. Daley, the former secretary of commerce in the Clinton administration and the brother of Chicago’s mayor.
“Mr. Emanuel represented GTCR Golder Rauner, a Chicago private equity firm that was buying the business for an affiliate. Bruce Rauner, the firm’s chairman, had first met Mr. Emanuel when he was still exploring job prospects in Chicago after getting a call from Mr. Bowles, an old friend.
“Instead of private equity, Mr. Rauner advised Mr. Emanuel to pursue investment banking, where his political experience might be more valuable in landing deals in regulated industries.
“Mr. Emanuel called him back after starting at Wasserstein and asked if he could take over coverage of GTCR for his new employer. That eventually led to the nearly $500 million SecurityLink deal.”
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As a wise veteran journalist once said to me years ago, underneath the sauce all the noodles are connected.
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Happier times being rich together, before each was up for re-election in difficult political environments that called for, in their minds, trying to exploit violence in Chicago for personal gain.
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New on the Beachwood . . .
The Beachwood Radio Sports Hour #208: Local TV News Is Hurting America
The continuing problem no one talks about anymore. Plus: I Predicted The World Cup’s Final Four; Mr. Cowley; The Blackhawks Signed Some Free Agents; White Sox Waiting Game Sucks; Land Of Boz; and Cubs Factors.
Featuring special guest Bucktown Benny!
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The Arts Of Life Annual Studio Sale 2018!
“Don’t miss out on the chance to own a piece of work by one of our esteemed artists! The Annual Studio Sale only happens once a year and is a wonderful opportunity to find a work of art that you love while supporting a local cause. Stay for a drink and learn more about The Arts of Life.”
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The White Sox Report: Grateful Dead
“The next two weeks will be among the season’s most comforting basically because the Sox won’t be playing very often.”
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Trump Targets Affirmative Action To Stimulate Mid-Term Turnout
What if Steve Bannon is right?
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Bill Shine Goes From Covering Up Sexual Harassment At Fox News To Trump’s White House
“[T]he latest signal that the president holds contempt for the concerns of women . . . [and] effectively solidifying the idea that Fox News is state-run TV.”
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Man Up
The debut novel from an Englewood firefighter.
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ChicagoGram
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ChicagoTube
“It only took me 16 years but I finally uploaded this video of The Arrivals around 2002 live in Chicago. I think the event was called the Chicago Rockyards flea market or something like that. I remember Thick Records plugging the event on their message board. I want to say it was near the United Center but I could be wrong, it was a long time ago.”
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BeachBook
A sampling.
Wisconsin’s Wood Tick Races.
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Seriously, Juice Is Not Healthy.
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I Don’t Care How Rich You Are, You Can’t Buy A UPS Truck.
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TweetWood
A sampling.
The Chicago Reporter is still seeking an Editor-in-Chief: https://t.co/k5suTEZzW6 The job pays a minimum of $100,000.
— Beachwood Reporter (@BeachwoodReport) July 8, 2018
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Yesterday was Africa’s hottest reliably measured temperature in recorded history: 124.3°F (51.3°C) in Algeria
Africa has 16% of the world’s population–and produces just 3.8% of all greenhouse gases.
Climate change is fundamentally a story of injustice.https://t.co/UuNTd0aDGt
— Eric Holthaus (@EricHolthaus) July 6, 2018
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BREAKING: @rcfp and 6 news orgs just intervened to unseal secret court filings in a case against 3 Chicago cops charged with obstructing the investigation into the 2014 shooting death of 17-yr-old Laquan McDonald. https://t.co/Y6K1UkAdRl
— Sarah Matthews (@sarahfreepress) July 6, 2018
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Unpaid internships aren’t the “best way to get a job.” They’re the best way for people with the privilege to survive doing unpaid work to get a job, maybe, and to bake privilege into the make-up of an industry.
— Blake Murphy (@BlakeMurphyODC) July 6, 2018
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The Beachwood Tronc Line: Baked.
Posted on July 9, 2018