Print Rebel Pundit Follow Read Full Bio Commerce Nominee Penny Pritzker Sails Through Senate Confirmation Hearing Secretary of Commerce nominee Penny Pritzker coasted through her Senate Commerce Committee confirmation hearing in Washington, D.C. Thursday. Members of both parties on the committee largely ignored Pritzker’s questionable business practices, offshore investments, and tax problems, as well as the problematic history of her family’s failed subprime-lending Superior Bank, which has left hundreds senior citizens and veterans without their life savings. 23 May 2013, 1:47 PM PDT Labor Unions Fighting Pritzker Nomination During Confirmation Hearing Labor unions have made it clear that they are not fans of Obama campaign bundler Penny Pritzker or her family's Hyatt Hotel chain. Thursday morning, they flexed some muscle in opposition to Pritzker’s nomination to become Commerce Secretary at her confirmation hearing. 23 May 2013, 11:56 AM PDT Sen. Kirk to Support Pritzker: She Will 'Take on Special Interests' Senator Mark Kirk was “uncertain” about supporting Hyatt Hotel heiress and Obama campaign bundler Penny Pritzker for Commerce Secretary until a few days ago. Ahead of Thursday’s confirmation hearing, Kirk has announced he is joining his Illinois counterpart Dick Durbin in support of Pritzker’s nomination. 23 May 2013, 6:31 AM PDT Durbin Backs Pritzker for Commerce; Heiress Has 'Broken Through Glass Ceiling' Illinois Senator Dick Durbin (D) has thrown his support behind Penny Pritzker for U.S. Secretary of Commerce. After meeting with Pritzker last week, Durbin told the Chicago Tribune she would make an “outstanding” Cabinet secretary, and he would do everything he could to advance her nomination. 22 May 2013 Pritzker Assured Employees of Bank's Health Two Months Before Failure After coming under fire in 2008 for her role in the failure of her family’s subprime-lending Superior Bank, President Obama’s campaign defended their then-campaign finance chairwomen, Penny Pritzker, claiming, that "she stepped down as chairwoman of the bank’s board in 1994," seven years before it failed. However, a letter sent by Pritzker to the banks employees in 2001 indicates she was still playing a major leadership role, right up to the bank’s failure that occurred less than two months after the letter was sent. 21 May 2013 Senior Citizens and Veterans Devastated by Pritzker's Bank Failure Fran Sweet, a 68-year old retiree, says she is still out $69,400 after the failure of Penny Pritzker’s subprime-speculating Superior Bank in 2001. Sweet told Breitbart News, “It was not a failure. It was a bank robbery... My feeling is she has no business being nominated to Secretary of Commerce. She has unfinished business here in Illinois, she needs to pay us back the money she stole from us. She stole our life savings.” 21 May 2013 Chicago Teachers Union Graces Cover of Socialism 2013 Conference Program The Socialism 2013 Conference agenda is out! And look who made the cover of the program. Not Che, not Mao, not Lenin, Stalin or Marx. The Chicago Teachers Union! 17 May 2013 Rahm Shifting City Workers to Obamacare, Gets Pushback Chicago- Mayor Rahm Emanuel has announced he will begin cutting healthcare benefits to retired city workers over the next three years, displacing the cost burden from the city budget onto federal taxpayers. Funny, however, in the city that eats, sleeps and breathes its support for President Obama and his takeover of their healthcare, Rahm is curiously getting pushback to the cuts in city provided coverage. 17 May 2013 Pritzker's Bank Failure: Investors Got Paid, Depositors and Taxpayers Fleeced By her own admission in a 2008 Q & A with the New York Times, Secretary of Commerce nominee Penny Pritzker acknowledged as many as 1600 depositors lost $6000 on average--or roughly $10 million overall--due to her family’s Superior Bank failure. The losses were the result of years of subprime lending and overvaluing its residual interests after failing to discount to present values, future cash flows that were subject to credit losses. 7 May 2013 Turn on the Garry Owen, and Raise a Glass for Chip It wouldn’t surprise me if you had not heard of him. That was on purpose. You got to know him, when he wanted you to. He ran a low profile, behind the scenes, but if there was ever a news tip, or a big story coming down the pipes, he knew it was coming before anyone else. And if you did know Chip Gerdes, you know exactly what I mean. 7 May 2013 Previous 1 2 3 4 5 6 Next
Commerce Nominee Penny Pritzker Sails Through Senate Confirmation Hearing Secretary of Commerce nominee Penny Pritzker coasted through her Senate Commerce Committee confirmation hearing in Washington, D.C. Thursday. Members of both parties on the committee largely ignored Pritzker’s questionable business practices, offshore investments, and tax problems, as well as the problematic history of her family’s failed subprime-lending Superior Bank, which has left hundreds senior citizens and veterans without their life savings. 23 May 2013, 1:47 PM PDT
Labor Unions Fighting Pritzker Nomination During Confirmation Hearing Labor unions have made it clear that they are not fans of Obama campaign bundler Penny Pritzker or her family's Hyatt Hotel chain. Thursday morning, they flexed some muscle in opposition to Pritzker’s nomination to become Commerce Secretary at her confirmation hearing. 23 May 2013, 11:56 AM PDT
Sen. Kirk to Support Pritzker: She Will 'Take on Special Interests' Senator Mark Kirk was “uncertain” about supporting Hyatt Hotel heiress and Obama campaign bundler Penny Pritzker for Commerce Secretary until a few days ago. Ahead of Thursday’s confirmation hearing, Kirk has announced he is joining his Illinois counterpart Dick Durbin in support of Pritzker’s nomination. 23 May 2013, 6:31 AM PDT
Durbin Backs Pritzker for Commerce; Heiress Has 'Broken Through Glass Ceiling' Illinois Senator Dick Durbin (D) has thrown his support behind Penny Pritzker for U.S. Secretary of Commerce. After meeting with Pritzker last week, Durbin told the Chicago Tribune she would make an “outstanding” Cabinet secretary, and he would do everything he could to advance her nomination. 22 May 2013
Pritzker Assured Employees of Bank's Health Two Months Before Failure After coming under fire in 2008 for her role in the failure of her family’s subprime-lending Superior Bank, President Obama’s campaign defended their then-campaign finance chairwomen, Penny Pritzker, claiming, that "she stepped down as chairwoman of the bank’s board in 1994," seven years before it failed. However, a letter sent by Pritzker to the banks employees in 2001 indicates she was still playing a major leadership role, right up to the bank’s failure that occurred less than two months after the letter was sent. 21 May 2013
Senior Citizens and Veterans Devastated by Pritzker's Bank Failure Fran Sweet, a 68-year old retiree, says she is still out $69,400 after the failure of Penny Pritzker’s subprime-speculating Superior Bank in 2001. Sweet told Breitbart News, “It was not a failure. It was a bank robbery... My feeling is she has no business being nominated to Secretary of Commerce. She has unfinished business here in Illinois, she needs to pay us back the money she stole from us. She stole our life savings.” 21 May 2013
Chicago Teachers Union Graces Cover of Socialism 2013 Conference Program The Socialism 2013 Conference agenda is out! And look who made the cover of the program. Not Che, not Mao, not Lenin, Stalin or Marx. The Chicago Teachers Union! 17 May 2013
Rahm Shifting City Workers to Obamacare, Gets Pushback Chicago- Mayor Rahm Emanuel has announced he will begin cutting healthcare benefits to retired city workers over the next three years, displacing the cost burden from the city budget onto federal taxpayers. Funny, however, in the city that eats, sleeps and breathes its support for President Obama and his takeover of their healthcare, Rahm is curiously getting pushback to the cuts in city provided coverage. 17 May 2013
Pritzker's Bank Failure: Investors Got Paid, Depositors and Taxpayers Fleeced By her own admission in a 2008 Q & A with the New York Times, Secretary of Commerce nominee Penny Pritzker acknowledged as many as 1600 depositors lost $6000 on average--or roughly $10 million overall--due to her family’s Superior Bank failure. The losses were the result of years of subprime lending and overvaluing its residual interests after failing to discount to present values, future cash flows that were subject to credit losses. 7 May 2013
Turn on the Garry Owen, and Raise a Glass for Chip It wouldn’t surprise me if you had not heard of him. That was on purpose. You got to know him, when he wanted you to. He ran a low profile, behind the scenes, but if there was ever a news tip, or a big story coming down the pipes, he knew it was coming before anyone else. And if you did know Chip Gerdes, you know exactly what I mean. 7 May 2013
No fatalities in highway bridge collapse in Washington state, authorities say23 May 2013, 9:00 PM PDT
Quick shuts out Sharks again, and LA Kings surge ahead in series with gritty 3-0 win in Game 523 May 2013, 10:27 PM PDT