3 Troubling Things To Know About Billionaire Penny Pritzker

[SHRED]

1.) Union-busting. Pritzker’s family businesses have often engaged in anti-union practices. She is a director of the Hyatt Hotels, which fired and then replaced long-time room cleaners in its Boston hotels with non-union subcontracted workers. Hyatt has refused to settle several contract disputes with UNITE HERE, some lasting nearly four years, on terms similar to those accepted by other big hoteliers.

2) Conflicts of interest. The family’s $20 billion empire was built on a diverse base of businesses, including Hyatt, Marmon (an industrial conglomerate), the TransUnion credit rating agency, and many others in industries such as container leasing, insurance and travel....

3) Shady business dealings. The Pritzkers have a long history of business malfeasance at the expense of people of modest means. In one notable case, Congress passed legislation in 2003 to address issues raised by widespread charges that the Pritzker’s credit rating agency, TransUnion, had made serious flaws in its credit reports on individuals—and then failed to correct them upon discovery....

http://inthesetimes.com/article/14948/3_troubling_things_about_billionaire_penny_pritzker/

---


Really Mr. President? Really?

[villager]

1. sounds like she will fit right in....

n/t

[AnotherMcIntosh]

2. It's OK. This Chicago billionaire hotel heiress is a major campaign donor

and a close friend.

[heaven05]

11. I'm

very,very disappointed in him and the clintonistas in his inner circle. Business as usual in this fucking country.

[Newest Reality]

3. Perfect choice

and quite a lucre-soaked poster child for the transparency we were promised.

That's naked, in-your-face transparency like having an x-ray of your family done instead of a regular portrait, insane revelation transparent. It's is getting easier to follow the money because you just have to look next to the President and, lo and behold!

Wow! We are in good, clutching, greedy hands and so, I think I'll go water board myself to celebrate -- its edgy, its American and its NOT torture.

[SHRED]

4. +10

[pa28]

7. Yeah. The troubling things will be regarded as "qualifications".

At least for most of the people voting on her nomination.

[Wellstone ruled]

5. When our President decided to

lay down with the dogs of the Pete Peterson Group,this is just another Flea Bag appointment. Did we not learn yet? Wall Street has totally corrupted the White House. Got the feeling that 2015 is the year of something nasty financially. All the Biggees are prepping,more and more of this third way shit popping up all over the place. Notice CBO dude talking about whacking the middle class with big tax hikes to cover all of the Military-Industrial-Complexes rape and pillage of our Government. There is the smell of something in the air and it isn't Lilac.

[CrispyQ]

6. They're about to take it down:

"The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery..."
~Zappa

[RufusTFirefly]

8. Ya still don't get it, do ya?

It's a strategy way too complicated for ordinary humans to comprehend. Sure, to the mediocre and uninitiated, it makes him look like a corporate sellout, but that's what it's supposed to look like. Don't you see?? (No, of course you don't.) Brilliant!

[Fuddnik]

9. Don't forget, he threw in Robert Rubin's former Chief of Staff as Trade Negotiator in the deal.

[mikeysnot]

10. Let us just see if how congress reacts

and if she gets their approval.

[AnotherMcIntosh]

12. All the Republicans will support her because she is one of the billionaire banksters. The 3rd-Wayers

will support her as well.

They've got more than enough votes.

It's a done deal.

[pangaia]

13. And the teabagistas hate Obama because.....

...he is a Commie????

[Phlem]

14. Stop Blaming Obama!

or so I'm told.



-p

[bvar22]

15. "Troubling"?

That is not the first word that comes to my mind.




You will know them by their WORKS,
not by their promises or excuses.
[font size=5 color=green]Solidarity99![/font][font size=2 color=green]
--------------------------------------------------------------------------------------------------------------------------------[/center]

[whistler162]

16. You forgot - Obama nominated her so she is EVIL!!!

[LovingA2andMI]

17. K/R~~~

And we'll cover this "Rich Pick" along with our thoughts on Independent Underground Radio LIVE podcast Sunday @ 7pm ET. Feel free to join us.

[Yavin4]

18. OMG!!! He Appointed A Business Woman to a Meaningless Cabinet Position

and which is nothing more than really a ceremonial position.


How dare he!!



For Pete's sake.

[forestpath]

19. Being president reveals who you are.

And part of who you are is who you choose to represent you.

Apparently Obama has no problem with a sleazy corporate crook as the head of an executive agency.

Says more about Obama than it does about her, IMO...though of course her record is absolutely repulsive.

[blkmusclmachine]

22. Can we scrub Obama's "Community Organizer" schtick now?

The man is nothing but contradictions.

Fooled ya!!

[Snarkoleptic]

20. Pritzkers don't have a stellar reputation here in Chicago.

They were pioneers in subprime mortgage lending and their Superior Bank went down as it was a bit ahead of the curve in the subprime lending boom.
http://www.suntimes.com/news/politics/19851174-418/penny-pritzkers-failed-superior-bank-lost-customer-savings-in-subprime-crisis.html
http://blogs.suntimes.com/politics/2013/05/penny_pritzkers_2001_letter_to_superior_bank.html

They also turned on the overhead infrared heaters to discourage picketing hotel workers at their Hyatt Hotel chain.
http://articles.chicagotribune.com/2011-07-22/news/chi-hyatt-apologizes-for-heat-lamps-being-turned-on-strikers-20110722_1_housekeeper-protests-park-hyatt-chicago-hotel-workersl

[polynomial]

23. The Sun Times and the Tribune

The Sun-times and the Tribune papers have only one agenda to bust up the Democratic machine in Chicago. It is a long time agenda decades old and older than the Daily machine.

The corruption in Illinois goes both ways, many can point out the money corridor along I 88 is an obvious sweet distribution of the States pension planned money gone sour.

Easy loans that are not doing very well to bankruptcy all cashing in on easy money from the states pension loan plans to grease big business that profits from a jammed up economy with busting unions.

Perhaps it takes a seasoned person to weave through rotten core to make the necessary adjustments. The Sun-Times and the Tribune have shared in swindling the Chicago citizens in an ongoing pursuit to destroy the Democratic Party for at least fifty years.

[blkmusclmachine]

21. Only thing I need to know: When did the Pritzkers first go to the Presidents Prayer Breakfast?