Rahm Emanuel's Privatize Chicago Plan
Emanuel is Chicago's worst ever mayor.
by Stephen Lendman
Chicago Mayor Rahm Emanuel spent years waging war on progressive politics. He's a corporate predator turned politician.
As White House strategist and senior advisor, he represented the worst of the Clinton years. His abrasive style earned him the nickname "Rahmbo."
From 1999 - 2002, he earned a reported $18 million as managing director for Chicago investment bank firm Kleinwort, Wasserstein.
From January 2003 - January 2009, he represented Illinois' 5th congressional district. From January 2005 - January 2007, he chaired the Democratic Congressional Campaign Committee.
From January 2009 - October 2010, he was Obama's White House Chief of Staff. He left to run for mayor of Chicago. On May 16, 2011, he won easily. Doing so fulfilled his longtime ambition.
He's known for saying "winning is everything," and "You never want to let a serious crisis go to waste. What I mean by that is that's an opportunity to do things you couldn't do before." He didn't mean popular ones.
Emanuel is notoriously pro-war, pro-Israel, neoliberal, and anti-populist/now button-down rogue Chicago mayor. He believes anything government does business does better so let it.
He's handing over as many city functions to corporate profiteers as possible. He launched what he calls "a public private partnership." The sky's the limit. He bought off unions with promises to invest pension funds in profitable enterprises.
Instead of investing in Chicago's future, he's giving it away to corporate friends and cronies. His schemes are still unfolding. They involve city airports, water system, community colleges, public transportation, parks, public health, schools, and various infrastructure projects.
On July 6, 2012, the Wall Street Journal headlined "Look Who's Embracing Privatization - Big City Democrats," saying:
Emanuel embraced a multi-billion dollar "rebuild Chicago" scheme. He's involving private firms and banks. He's letting profiteers cash in on city functions.
He began straightaway after taking office. He forced city workers to do work longer for less. He laid off thousands of others and wants new hires paid less.