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'''Rahm Emanuel''' (b. 1959) is a powerful Democrat who is Chief of Staff to President [[Obama]]. [[File:Rahm Emanuel.jpg|thumb|200px|Rahm Emanuel]] He represented [[Illinois]]' 5th Congressional District in the House of Representatives 2003-2008.  As chairman of the Democratic Congressional Campaign Committee, he took credit gaining a majority for the first time since 1994. He became a top leader as Chairman of the Democratic Caucus in the House.  A member of a prominent Jewish family, Emanuel is an enthusiastic defender of [[Israel]]. He was blasted by leftists for his staunch support of the war in Iraq.  He was neutral during the 2008 primaries, but when Obama was elected president he immediately appointed Emanuel Chief of Staff. Wearing many hats, Emaneuel took charge of planning, appointments and operations for the incoming [[Obama Administration]].
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[[File:Rahm Emanuel.jpg|thumb|200px|Rahm Emanuel]]
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'''Rahm Emanuel''' (born 1959) is a [[United States]] [[far-left]] politician from [[Illinois]] belonging to the [[Democratic Party]] who is currently the [[mayor]] of [[Chicago, Illinois]].  He was previously Chief of Staff to President [[Barack Obama]].  Prior to that, he represented [[Illinois]]' 5th Congressional District in the [[U.S. House of Representatives]] during 2003-2008.  As chairman of the Democratic Congressional Campaign Committee, he took credit gaining a majority for the first time since 1994. He became a top leader as Chairman of the Democratic Caucus in the House.   
  
Illustrating Emanuel's penchant for exploiting crises for political gain, he remarked, "A crisis is a terrible thing to waste; they are opportunities to do big things." <ref>[http://www.youtube.com/watch?v=1yeA_kHHLow Rahm Emanuel]YouTube- you never want a serious crisis video</ref><ref>[http://online.wsj.com/article/SB122721278056345271.html?mod=googlenews_wsj]</ref>
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Emanuel was appointed to the Board of Directors of [[Freddie Mac]] by [[President William Jefferson Clinton]], shepherding the [[subprime lending]] abuses under the [[Community Reinvestment Act]]. [[Barack Obama]] appointed Emanuel as his first Chief of Staff. Emanuel resigned amidst charges of his involvement in Operation [[Fast and Furious]] and the [[Jobsgate]] scandal<ref>http://www.denverpost.com/ci_15213784</ref><ref>http://voices.washingtonpost.com/thefix/white-house/how-the-sestak-job-offer-becam.html</ref> reportedly to run for Mayor of Chicago and take control of the Chicago Democratic party machine.<ref>http://biggovernment.com/tfitton/2010/10/14/is-scandal-ridden-rahmbo-chicagos-next-mayor/</ref>
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Illustrating Emanuel's penchant for exploiting crises for political gain, he remarked, "A crisis is a terrible thing to waste."<ref>[https://www.youtube.com/watch?v=1yeA_kHHLow Rahm Emanuel] YouTube- you never want a serious crisis video</ref><ref>[http://online.wsj.com/article/SB122721278056345271.html?mod=googlenews_wsj]</ref> Despite his far-left politics, he has shown some reservations, as even he was outraged over the District Attorney's office for Cook County's dropping the charges of [[Jussie Smollett]], even declaring it a "whitewashing of justice."<ref>https://www.aol.com/article/entertainment/2019/03/26/chicago-mayor-rahm-emanuel-calls-jussie-smolletts-dropped-charges-a-whitewash-of-justice/23700774/</ref>
  
 
==Background==
 
==Background==
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Emanuel is the son of a prominent physician, Dr. Benjamin M. Emanuel; the father was born in Jerusalem.  Emanuel has a bachelor's degree from Sarah Lawrence College (1981), and a master's degree in speech and communication from [[Northwestern University]] (1985).  Emanuel and his wife Ann have three children.
  
Emanuel is the son of a prominent physician, Dr. Benjamin M. Emanuel; the father was born in JerusalemEmanuel has a bachelor's degree from [[Sarah Lawrence College]] (1981), and a master's degree in speech and communication from [[Northwestern University]] (1985).  Emanuel and his wife Ann have three children.
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==Clinton White House==
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He worked in the [[Bill Clinton]] White House from 1993-1998, first serving as Assistant to the President for Political Affairs, and then Senior Adviser to the President for Policy and StrategyHe was demoted at the behest of [[Hillary Clinton]] after complaints from other staffers. Ironically, as Obama Chief of Staff, Emanuel was now in a position to overrule Hillary Clinton when she attempted to hire another former Clinton White House staffer, [[Sidney Blumenthal]].
  
==Obama White House==
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Leaving the White House staff, he became wealthy as an "investment banker" on the Board of the government sponsored entity Freddie Mac, 1999-2002. Emanuel had no previous banking experience.
  
In the White House Emanuel's aggressive demands for a stimulus package won passage of the liberals' [[American Recovery and Reinvestment Act of 2009|$789 billion bill]] in February, but alienated Republicans (only three of whom voted for it). His seizure of control of the Census Bureau from the Commerce department led Senator [[Judd Gregg]], a leading Republican, to reverse himself and reject the job of Secretary of Commerce. Emanuel released control of the census to head off complaints of political interferenceEmanuel also ran roughshod over the Secretary of State, vetoing her choice for a senior aide.  
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==Emanuel's role in Freddie Mac and the subprime lending crisis==
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Emanuel was appointed to the board of scandal-plagued quasi-governmental mortgage giant Freddie Mac by [[President Clinton]].<ref>http://online.wsj.com/article/SB122610420534009957.html</ref><ref>[https://abcnews.go.com/Blotter/story?id=6201900&page=1 Emanuel Was Director Of Freddie Mac During Scandal], ABC News,
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November 7, 2008.</ref>  While Emanuel was on the board, Freddie Mac misreported its net income in 2000 by 30.5 percent, in 2001 by 23.9 percent and 2002 by 42.9 percent, defrauding investors according to the SECFreddie Mac's failure is regarded as one of the precipitating events of the [[Financial Crisis of 2008#2008 crises|Financial Crisis of 2008]].
  
In President Obama's first year Emanuel was considered to be the most powerful White House chief of staff in decades.
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On February 21, 2003, Emanuel was then serving Congress and reportedly sold up to $250,000 in Freddie Mac stock in an insider trading deal only days before the stock dropped by 10 percent — and weeks before it was publicly revealed that the entity was under criminal investigation for inflating earnings.<ref>https://www.businessinsider.com/book-rahm-emanuel-dumped-tons-of-freddie-mac-stock-days-before-it-collapsed-2011-11#ixzz2MnesKpxI</ref>
 
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==Emanuel's role in the sublime lending crisis==
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Emanuel was appointed to the board of scandal-plagued quasi-governmental mortgage giant Freddie Mac by President Clinton. <ref>http://online.wsj.com/article/SB122610420534009957.html</ref><ref>[http://abcnews.go.com/Blotter/story?id=6201900&page=1 Emanuel Was Director Of Freddie Mac During Scandal], ABC News,
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November 7, 2008.</ref>  While Emanuel was on the board, Freddie Mac misreported its net income in 2000 by 30.5 percent, in 2001 by 23.9 percent and 2002 by 42.9 percent according to the SEC.  Freddie Mac's failure is regarded as one of the precipitating events of the [[Financial_Crisis_of_2008#2008_crises| Financial Crisis of 2008]].
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==Congressional leadership position==
 
==Congressional leadership position==
 
 
Emanuel served in Congress 2002-2008 from the North Side of Chicago. Among Democrats in the House, he was squarely in the middle in his votes on social, economic and foreign policy issues. His aggressive in-your-face style alienated his opponents, but Emanuel took charge of the 2006 election for House Democrats, and secured major gains, giving the Democrats a majority for the first time since 1994, and propelling Emanuel to a top leadership role.
 
Emanuel served in Congress 2002-2008 from the North Side of Chicago. Among Democrats in the House, he was squarely in the middle in his votes on social, economic and foreign policy issues. His aggressive in-your-face style alienated his opponents, but Emanuel took charge of the 2006 election for House Democrats, and secured major gains, giving the Democrats a majority for the first time since 1994, and propelling Emanuel to a top leadership role.
  
==Clinton White House==
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==Obama Chief of Staff==
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In the White House Emanuel's aggressive demands for a [[stimulus]] package won passage of the liberals' [[American Recovery and Reinvestment Act of 2009|$789 billion bill]] in February, but alienated Republicans (only three of whom voted for it). His seizure of control of the Census Bureau from the Commerce department led Senator [[Judd Gregg]], a leading Republican, to reverse himself and reject the job of Secretary of Commerce. Emanuel released control of the census to head off complaints of political interference.  Emanuel also ran roughshod over the Secretary of State, vetoing her choice for a senior aide.  In President Obama's first year, Emanuel was considered to be the most powerful White House chief of staff in decades.
  
He worked in the [[Bill Clinton]] White House from 1993-1998, first serving as Assistant to the President for Political Affairs, and then Senior Adviser to the President for Policy and Strategy.  He was demoted at the behest of [[Hillary Clinton]] after complaints from other staffers. Ironically, as Obama Chief of Staff, Emanuel was now in a position to overrule Hillary Clinton when she attempted to hire another former Clinton White House staffer, Sidney Blumenthal.
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==Mayor of Chicago==
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In 2011, Emanuel was elected and became Mayor of Chicago after [[Richard M. Daley]] decided not to run for office anymore.
  
Leaving the White House staff, he became wealthy as an investment banker in Chicago, 1999-2002. Emanuel had no previous investment banking experience.
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He was re-elected mayor on April 7, 2015.
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Emanuel's tenure in office was marked by a surge in crime levels.<ref>Chakraborty, Barnini (September 6, 2018). [https://www.foxnews.com/us/2018/09/06/rahm-emanuel-leaves-behind-tainted-legacy-as-chicago-murder-rate-crime-and-corruption-surge-on-his-watch.html Rahm Emanuel leaves behind tainted legacy as Chicago murder rate, crime and corruption surge on his watch]. ''Fox News''. Retrieved September 6, 2018.</ref>
  
 
==See also==
 
==See also==
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[[Category:Illinois]]
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[[Category:Mayors]]
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[[Category:Chicago]]
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Revision as of 20:01, April 9, 2019

Rahm Emanuel

Rahm Emanuel (born 1959) is a United States far-left politician from Illinois belonging to the Democratic Party who is currently the mayor of Chicago, Illinois. He was previously Chief of Staff to President Barack Obama. Prior to that, he represented Illinois' 5th Congressional District in the U.S. House of Representatives during 2003-2008. As chairman of the Democratic Congressional Campaign Committee, he took credit gaining a majority for the first time since 1994. He became a top leader as Chairman of the Democratic Caucus in the House.

Emanuel was appointed to the Board of Directors of Freddie Mac by President William Jefferson Clinton, shepherding the subprime lending abuses under the Community Reinvestment Act. Barack Obama appointed Emanuel as his first Chief of Staff. Emanuel resigned amidst charges of his involvement in Operation Fast and Furious and the Jobsgate scandal[1][2] reportedly to run for Mayor of Chicago and take control of the Chicago Democratic party machine.[3]

Illustrating Emanuel's penchant for exploiting crises for political gain, he remarked, "A crisis is a terrible thing to waste."[4][5] Despite his far-left politics, he has shown some reservations, as even he was outraged over the District Attorney's office for Cook County's dropping the charges of Jussie Smollett, even declaring it a "whitewashing of justice."[6]

Background

Emanuel is the son of a prominent physician, Dr. Benjamin M. Emanuel; the father was born in Jerusalem. Emanuel has a bachelor's degree from Sarah Lawrence College (1981), and a master's degree in speech and communication from Northwestern University (1985). Emanuel and his wife Ann have three children.

Clinton White House

He worked in the Bill Clinton White House from 1993-1998, first serving as Assistant to the President for Political Affairs, and then Senior Adviser to the President for Policy and Strategy. He was demoted at the behest of Hillary Clinton after complaints from other staffers. Ironically, as Obama Chief of Staff, Emanuel was now in a position to overrule Hillary Clinton when she attempted to hire another former Clinton White House staffer, Sidney Blumenthal.

Leaving the White House staff, he became wealthy as an "investment banker" on the Board of the government sponsored entity Freddie Mac, 1999-2002. Emanuel had no previous banking experience.

Emanuel's role in Freddie Mac and the subprime lending crisis

Emanuel was appointed to the board of scandal-plagued quasi-governmental mortgage giant Freddie Mac by President Clinton.[7][8] While Emanuel was on the board, Freddie Mac misreported its net income in 2000 by 30.5 percent, in 2001 by 23.9 percent and 2002 by 42.9 percent, defrauding investors according to the SEC. Freddie Mac's failure is regarded as one of the precipitating events of the Financial Crisis of 2008.

On February 21, 2003, Emanuel was then serving Congress and reportedly sold up to $250,000 in Freddie Mac stock in an insider trading deal only days before the stock dropped by 10 percent — and weeks before it was publicly revealed that the entity was under criminal investigation for inflating earnings.[9]

Congressional leadership position

Emanuel served in Congress 2002-2008 from the North Side of Chicago. Among Democrats in the House, he was squarely in the middle in his votes on social, economic and foreign policy issues. His aggressive in-your-face style alienated his opponents, but Emanuel took charge of the 2006 election for House Democrats, and secured major gains, giving the Democrats a majority for the first time since 1994, and propelling Emanuel to a top leadership role.

Obama Chief of Staff

In the White House Emanuel's aggressive demands for a stimulus package won passage of the liberals' $789 billion bill in February, but alienated Republicans (only three of whom voted for it). His seizure of control of the Census Bureau from the Commerce department led Senator Judd Gregg, a leading Republican, to reverse himself and reject the job of Secretary of Commerce. Emanuel released control of the census to head off complaints of political interference. Emanuel also ran roughshod over the Secretary of State, vetoing her choice for a senior aide. In President Obama's first year, Emanuel was considered to be the most powerful White House chief of staff in decades.

Mayor of Chicago

In 2011, Emanuel was elected and became Mayor of Chicago after Richard M. Daley decided not to run for office anymore.

He was re-elected mayor on April 7, 2015.

Emanuel's tenure in office was marked by a surge in crime levels.[10]

See also

References

  1. http://www.denverpost.com/ci_15213784
  2. http://voices.washingtonpost.com/thefix/white-house/how-the-sestak-job-offer-becam.html
  3. http://biggovernment.com/tfitton/2010/10/14/is-scandal-ridden-rahmbo-chicagos-next-mayor/
  4. Rahm Emanuel YouTube- you never want a serious crisis video
  5. [1]
  6. https://www.aol.com/article/entertainment/2019/03/26/chicago-mayor-rahm-emanuel-calls-jussie-smolletts-dropped-charges-a-whitewash-of-justice/23700774/
  7. http://online.wsj.com/article/SB122610420534009957.html
  8. Emanuel Was Director Of Freddie Mac During Scandal, ABC News, November 7, 2008.
  9. https://www.businessinsider.com/book-rahm-emanuel-dumped-tons-of-freddie-mac-stock-days-before-it-collapsed-2011-11#ixzz2MnesKpxI
  10. Chakraborty, Barnini (September 6, 2018). Rahm Emanuel leaves behind tainted legacy as Chicago murder rate, crime and corruption surge on his watch. Fox News. Retrieved September 6, 2018.