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The Pritzker family, including Penny Pritzker, is half way through a 10 year deferred payment to the FDIC of a $1/2 trillion fine for shenanigans with Superior Bank of Chicago. What did they do? They took the securitized mortgage scheme to new heights and destroyed the bank 6 years ago. They were found guilty of cooking the books to (a) hide losses, and (b) boost their bonuses. In short the Pritzkers are the pioneers of our current financial catastrophe. Ambassador to Siberia would be a better appointment than Secretary of Commerce. And who will be appointed to oversee the FDIC's collection of the $1/2 trillion fine now that Penny's best friend, for whom she raised $650 million, is President Elect?!
This is the change that you can believe in folks. Penny will help to redistribute your wealth to help pay her fines. Change, hope,rainbows, waterfalls and rice krispies for everyone - welcome aboard the magic carpet ride.
Obama's new kind of politics is cronyism on steroids.
The new oligarchy from Chicago will solve problems by putting all their friends on the payroll.
Couldn't agree with the cronyism comment more. I am from AZ and this woman has done NOTHING to distinguish herself here except veto every key piece of immigration legislation our state congress tried to pass.
She vetoed a bill allowing police to arrest illegal immigrants on the spot (you have to catch them committing a crime - even though being IN this country illegally is a crime), and another bill that enabled a facilitated sharing of illegal immigrant information (crimes, gangs, etc) between state agencies and with federal agencies - vetoed, turned down. Why???
Great Choice, Barack? Now - what are you doing for the economy? Oh, flooding the country with illegal immigrants - including terrorists - to take jobs. Great start!
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