Keyword: pennypritzker

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  • Obama Secret Success to the White House Revealed

    06/09/2016 5:36:06 AM PDT · by ObamaUnknownTruth · 21 replies
    Dr. Joseph Rosaler | June 6th 2016 | Dr. Joseph Rosaler
    Many years ago when Obama began running for office, he met Penny Pritzker, the heir to the Hyatt Hotel Chain. She became his friend, benefactor, campaign contributor and fundraiser. After winning his second term in office, Obama appointed her to Secretary of Commerce. Penny Pritzker set up overseas trusts to avoid paying taxes in the USA. These trusts were largely set up by the Kanter Law Firm in Chicago, Burton Kanter. The Kanter law firm arranged the financing of the Hyatt Hotel Chain mainly through the Metropolitan and Prudential insurance companies, for which Burton Kanter received great kickbacks. Burton Kanter...
  • House OKs lifting 40-year-old US ban on oil exports

    10/09/2015 11:26:48 AM PDT · by Olog-hai · 30 replies
    Associated Press ^ | Oct 9, 2015 1:38 PM EDT | Matthew Daly
    Defying a White House veto threat, the Republican-controlled House on Friday approved a bill to lift a 40-year-old U.S. ban on crude oil exports. The House approved the bill on a 261-159 vote. Supporters said an ongoing boom in oil and gas drilling has made the 1970s-era restrictions obsolete. Lifting the export ban would lower prices at the pump, create jobs and boost the economy, said House Speaker John Boehner, R-Ohio. […] The White House called the bill unnecessary and argued that a decision on whether to end the ban should be made by the Commerce secretary. …
  • Extreme secrecy eroding support for Obama's trade pact (Classified briefings in basement)

    05/04/2015 5:02:27 AM PDT · by cotton1706 · 15 replies
    politico.com ^ | 5/4/15 | Edward-Isaac Dovere
    If you want to hear the details of the Trans-Pacific Partnership trade deal the Obama administration is hoping to pass, you’ve got to be a member of Congress, and you’ve got to go to classified briefings and leave your staff and cellphone at the door. If you’re a member who wants to read the text, you’ve got to go to a room in the basement of the Capitol Visitor Center and be handed it one section at a time, watched over as you read, and forced to hand over any notes you make before leaving. And no matter what, you...
  • Report: Obamas may have purchased ‘Magnum P.I.’ home in Hawaii

    03/19/2015 11:56:11 AM PDT · by E. Pluribus Unum · 87 replies
    Politico ^ | 03/19/2015 | Nick Gass
    The Hawaiian home made famous by the “Magnum P.I.” television series was sold this week, and the buyers seem to have ties to President Barack ObamaAccording to a report from Fox affiliate KHON, Waimanalo Paradise LLC purchased the property on Monday for $8.7 million. Its mailing address and contact is reportedly listed as Obama donor Seth Madorsky, a lawyer in Chicago. The property was then sold to another limited liability corporation based in Colorado, according to a report from ABC affiliate KITV. Story Continued Below The deed and the mortgage are both signed by Judy Grimanis, KHON reported.Grimanis is...
  • Big profit for Pritzkers on costly Chicago FBI deal

    09/15/2014 7:40:21 AM PDT · by KeyLargo · 5 replies
    chicago sun times ^ | Sep 14, 2014
    Chicago Big profit for Pritzkers on costly Chicago FBI deal Sun, 09/14/2014 - 3:30pm Better Government Association @bettergov | Email A deal involving the federal government’s most expensive lease in Chicago produced millions of dollars in profits for a development group that included Penny Pritzker, a top campaign fund-raiser for President Barack Obama who is now his commerce secretary, a Chicago Sun-Times / Better Government Association investigation has found. The developers also included Jack Higgins, a friend and political backer of former Mayor Richard M. Daley. Over the 14-year term of the lease, the government will pay $280 million in...
  • Obama nominates subprime lender whose bank failed, costing depositors millions

    05/02/2013 7:45:57 AM PDT · by The Old Hoosier · 9 replies
    ConservativeIntel.com ^ | 5/2/13 | David Freddoso
    President Obama has often denounced “fat-cat bankers” for their role in the 2008 financial collapse, the subsequent bailouts and the recession. His strong words on the topic suggest that he would have little sympathy, say, the former chairman of her family’s bank, whose collapse caused 1,400 depositors to lose millions at the time. You’d expect him to have even less sympathy if said bank had collapsed because it had adopted an aggressive subprime lending strategy; if it had tried to sell itself and its subprime packages to low-income borrowers as their only hope of getting loans; if it had fixed...
  • Penny Pritzker to get Commerce nomination today [Kakistocracy Continues!]

    05/02/2013 5:41:25 AM PDT · by SoFloFreeper · 15 replies
    Penny Pritzker will be nominated this morning to be the next U.S. Commerce Secretary... She ran candidate Obama's wildly successful fundraising operation in his 2008 presidential bid — even as her brother J.B. was a key adviser to nomination rival Hillary Clinton..... ...Ms. Pritzker, whose family controls Hyatt Hotels Corp... hitched a ride on Air Force One from San Francisco to Portland with the president. In the general-election campaign, she raised at least $500,000 and spent election night with Mr. Obama. She served on the president's Council for Jobs and Competitiveness and his Economic Recovery Advisory Board.
  • Penny Pritzker: A Chicago Fat Cat for Commerce Secretary?

    03/20/2013 2:06:53 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | March 20, 2013 | Michelle Malkin
    Will President Obama really nominate billionaire Chicago gal pal Penny Pritzker to head his Commerce Department? "It's a done deal," according to a White House source close to the Chicago Tribune. As further confirmation, Pritzker resigned abruptly from the Windy City's school board late last week. The crony fix seems to be in. Taxpayers, beware. Pritzker is a deep-pocketed doyenne with a family history of dodging taxes -- or siphoning them away from the public for her own family's gargantuan private gain. If you want to see how she'll oversee a $10 billion government agency, look at her own...
  • Celebrate “Empty Chair Day” in Barack & Michelle Obama’s $35 Million Kailua, Hawaii Mansion

    09/20/2012 11:56:38 AM PDT · by Red Steel · 41 replies
    HillBuzz ^ | September 3, 2012 | Kevin DuJan
    (Being purchased for them by Penny Pritzker and wealthy Chicagoans) [ Michelle Obama's mother, Marian Robinson, has been bragging about getting to live in Hawaii next, in a $35 million beachfront mansion after leaving the White House in January 2013.  "It was fun while it lasted", Miss Marion is quoted by Chicagoans as saying, "but wait until you see the place they're buying for Michelle and Barack!" ] Part 1 of this report — HEREPart 2 of this report — HERE***************************Today has been declared “National Empty Chair Day”, in honor of Clint Eastwood’s speech on the closing night of the Republican...
  • Beachfront Hawaiian Estate for Barack and Michelle Obama to Move into Come January 2013?

    09/02/2012 8:17:58 PM PDT · by Red Steel · 46 replies
    HillBuzz ^ | September 2, 2012 | Kevin DuJan
    Full Title: Beachfront Hawaiian Estate for Barack and Michelle Obama to Move into Come January 2013? Posted on September 2, 2012 by Kevin DuJan // Best of Hillbuzz, Hillbuzz [ President Barack Obama's living room with ocean view, beginning in January 2013 ]Click HERE for Part 1 of this investigative reportI’ve done some more digging here in Chicago on the story we brought you on Friday about plans currently underway to purchase a $35 million beachfront estate on the island of Oahu in a part of Hawaii called “Kailua” for the Obama family to move into in January 2013 when...
  • OBAMA'S MONEY CZAR OWNS HOTEL HOSTING AHMADINEJAD

    09/19/2008 6:10:41 PM PDT · by MaryAnne · 6 replies · 210+ views
    OBAMA'S MONEY CZAR OWNS HOTEL HOSTING AHMADINEJAD Penny Pritzker, national finance chair of Barack Obama's presidential campaign, is the owner of the Hyatt, the hotel hosting the genocidal Hitler wannabee, Ahmadinejad. This is the latest in an assault on Israel and Jewish Americans. Obama and co. strong armed and bullied the craven organizers of the Anti-Ahmadinejad rally to disinvite Pro-Israel supporter Sarah Palin. Clearly Obama's chief fundraiser could refuse to host the Ahmadinejad at her hotel. Instead, she has rolled out the red carpet. It was bad enough that Obama would not send someone to represent him at the anti-Ahmadinejad...
  • Obama finance chief funded Media Matters, President deeply tied to anti-Fox News group's top donors

    02/20/2012 3:53:22 PM PST · by Nachum · 10 replies
    wnd ^ | 2/20/12 | Aaron Klein
    President Obama served eight years on the board of a charity that is a top donor to the embattled Media Matters for America progressive activist organization. Obama is also tied to numerous other top Media Matters donors and fundraisers, including a foundation run by the finance chairman of his 2008 presidential campaign, Penny Pritzker, WND has learned. Last week, the Daily Caller released a list of grants to Media Matters. A WND review of the donor list found a number of deep ties to Obama. Get Aaron Klein’s “Red Army: The Radical Network that must be defeated to save America”...
  • Why He Matters ( Martin Nesbitt )

    11/08/2011 9:47:49 PM PST · by george76 · 3 replies
    Washington Post ^ | Mar. 08, 2011, | Rachel Van Dongen
    Nesbitt is one of Barack Obama’s closest friends...During the 2008 presidential campaign, Nesbitt became Obama’s campaign treasurer. ... Nesbitt started The Parking Spot, a lucrative airport satellite-parking company that is recognizable from its large yellow buses covered with black spots. Nesbitt started the company with financial backing from Penny Pritzker, the CEO of Pritzker Realty Group. Nesbitt later introduced Pritzker to Obama, and she became Obama’s 2008 national fundraising chair.
  • Obama’s Significant Others: Valerie Jarrett and Penny Pritzker

    11/08/2011 9:40:55 PM PST · by george76 · 11 replies
    Yahoo ^ | Nov 3, 2011 | Anthony Ventre
    One of the more interesting questions bound to come up during the 2012 elections is whether President Barack Obama can reclaim the liberal American Jewish donor base that helped him so much in 2008. ... Among noted Chicagoans who contribute to Obama's success is senior advisor Valerie Jarrett. Of the people managing President Obama's political affairs, Jarrett is perhaps the person Obama has known longest and relied upon the most. Political folklore has it that the president met wife Michelle when he went to Jarrett's office looking for a job. Before Valerie Jarrett came to work for Obama, she was...
  • Obama kills investigation getting too close for comfort

    08/25/2011 7:42:41 AM PDT · by Starman417 · 15 replies
    Flopping Aces ^ | 08-24-11 | DrJohn
    Barack Obama wants to crush an investigation that's getting too close to him and some really close friends: Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosure Deal Eric T. Schneiderman, the attorney general of New York, has come under increasing pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, according to people briefed on discussions about the deal. In recent weeks, Shaun Donovan, the secretary of Housing and Urban Development, and high-level Justice Department officials have been waging an intensifying campaign to try to persuade...
  • Time for the Rich to Shut Up on Taxes

    06/28/2011 3:06:06 PM PDT · by Qbert · 44 replies
    American Thinker ^ | April 13, 2011 | Stephen Mauzy
    What commonality binds Haim Saban, Penny Pritzker, and Warren Buffett, aside from membership in the billionaire's club?  Guilt, and not the quotidian variety -- unfulfilled potential, disappointing behavior, lost love -- that afflicts most of us.  Theirs is a guilt that only afflicts the very rich -- a guilt that arises from wanting more equitable outcomes coupled with an unwillingness to pay the requisite taxes to achieve those outcomes.  It's the same guilt that has plagued Rockefeller, Kennedy, and Mott progeny for decades. Messrs. Saban and Buffett and Ms Pritzker are newcomers to the world of self-imposed tax-deficiency guilt, but...
  • IRS Admits Error in High-Stakes Tax Case ( Penny Pritzker )

    07/21/2010 6:01:14 PM PDT · by george76 · 30 replies · 3+ views
    wsj ^ | JULY 20, 2010 | JOHN R. EMSHWILLER
    Agency's $325 Million Mistake Means Vi No Longer Owes Over $128 Million. The IRS disclosure, made in a recent federal tax court filing, appears to end the agency's effort to collect over $128 million in back taxes and penalties from the company. The agency's reversal came even though it continued to defend its underlying position: that so-called "entrance fees" paid by incoming retirement-community residents can be treated as taxable income. Vi was founded in 1987 by Penny Pritzker, who remains its chairman. She is a leading member of the Chicago-based Pritzker business dynasty.
  • Obama gathers his A list for first state dinner (under the big top)

    11/22/2009 7:32:21 PM PST · by markomalley · 127 replies · 3,847+ views
    LA TImes ^ | 11/23/2009 | Katherine Skiba
    What's the hottest ticket in the nation's capital? An engraved invitation to Tuesday's White House state dinner, the first hosted by President Obama. He and the first lady will honor India's prime minister. But in a departure from the traditional venue -- the elegant State Dining Room -- the Obamas will gather with a few hundred VIPs in a huge, heated tent on the South Lawn. The guest list for the black-tie gala remains a closely guarded secret. Vice President Joe Biden and his wife, Jill, will certainly be there. Several notables are good bets, such as Oprah Winfrey and...
  • Obama's marriage was on brink of collapse, says book

    06/06/2009 8:54:17 PM PDT · by bruinbirdman · 164 replies · 5,365+ views
    The Telegraph ^ | 6/6/2009 | Leonard Doyle
    Barack and Michelle Obama's fairytale love story of an adoring couple propelled on to the international stage has caught the imagination of millions. Their regular Friday "date nights" make the television news, and there was a stir recently when they caught Air Force One for a night at the theatre in Manhattan. This weekend, in the aftermath of the D-Day celebrations, they are in Paris with their young daughters - having turned down an invitation for dinner with President Nicolas Sarkozy and his wife Carla in favour of a more intimate family event. But it was not always wedded bliss...
  • Advice from "beyond the echo chamber"

    02/06/2009 3:56:41 PM PST · by Cindy · 14 replies · 337+ views
    WHITEHOUSE.gov - blog ^ | Friday, February 6th, 2009 at 12:55 pm | n/a
    Note: The following text is a quote: http://www.whitehouse.gov/blog_post/beyond_the_echo_chamber/ Friday, February 6th, 2009 at 12:55 pm Advice from "beyond the echo chamber" We just learned the economy lost another 600,000 jobs last month. It's a staggering number, and it underscores just how deep this crisis is – and, as the President pointed out this morning, it’s accelerating. That's why he created the Economic Recovery Advisory Board -- to solicit ideas from "beyond the echo chamber of Washington, DC." "I’m not interested in groupthink, which is why the Board reflects a broad cross-section of experience, expertise, and ideology," he said. "We’ve recruited...
  • The new 'in' crowd

    01/05/2009 1:57:09 AM PST · by Tailgunner Joe · 32 replies · 1,530+ views
    dcexaminer.com ^ | 1/4/09 | Susan Watters
    For eight years, the president of the United States — the ex-officio socialite in chief — has turned up his nose at the slightest whiff of social aspiration. Now a new generation of Washington socialites has a dream. They see a dashing, young, brilliant president and his equally brilliant wife ushering in an era of inclusive entertaining. Gone is the white-gloved, debutante-loving, Pilgrim-pedigreed culture that still mattered in Kennedy’s Camelot and Reagan’s Hollywood East. Starting Jan. 20, when President Barack Obama and Michelle move into the White House, the “in crowd” will include just about everyone who, since the dawn...
  • Another Obama buddy: Beyond audacity (Digg link in comment)

    11/03/2008 2:59:20 AM PST · by markomalley · 4 replies · 394+ views
    Barack Obama's audacity is a grave concern for anyone troubled by the Wall Street meltdown. Sen. Obama continues to support Penny Pritzker -- the disgraced billionaire hotel heiress who helped sink a major bank that used subprime mortgage machinations -- as she helps fund his crusade. Ms. Pritzker is the finance chairwoman overseeing Obama's fundraising and a "bundler" who has pledged to personally raise between $200,000 and $500,000 for him. She has contributed nearly $500,000 to Democrat candidates and political action committees since 2000, reports The Washington Times. Pritzker, among Forbes magazine's 2008 richest Americans with a net worth of...
  • Bank victims blame Obama fundraiser (Penny Pritzker)

    10/31/2008 1:38:40 AM PDT · by healey22 · 17 replies · 1,229+ views
    The Washington Times ^ | October 29, 2008 | Jerry Seper
    John W. Courtney's world collapsed at dinnertime on a Friday in July 2001. That's when he learned from a television newscast that much of the $200,000 that he had saved from his construction job over a 30-year period was lost when his Chicago-area bank was shut down after pursuing a failed strategy of subprime loans. Seven years later, the Vietnam War veteran has yet to recoup $85,000 of his uninsured losses from Superior Bank's failure. And he watches in disbelief as one of the bank's former top officials, billionaire hotel heiress Penny Pritzker, leads the record-breaking fundraising machine of Democratic...
  • Ex-subprime bank executive finances Obama

    10/29/2008 2:40:34 AM PDT · by Aussie Dasher · 4 replies · 812+ views
    Washington Times ^ | 29 October 2008 | Jerry Seper
    John W. Courtney's world collapsed at dinnertime on a Friday in July 2001. That's when he learned from a television newscast that much of the $200,000 that he had saved from his construction job over a 30-year period was lost when his Chicago-area bank was shut down after pursuing a failed strategy of subprime loans. Seven years later, the Vietnam War veteran has yet to recoup $85,000 of his uninsured losses from Superior Bank's failure. And he watches in disbelief as one of the bank's former top officials, billionaire hotel heiress Penny Pritzker, leads the record-breaking fundraising machine of Democratic...
  • A Top Obama Fund-Raiser Had Ties to Failed Bank

    09/19/2008 8:50:38 PM PDT · by Perdogg · 52 replies · 705+ views
    WSJ ^ | JULY 21, 2008 | By JOHN R. EMSHWILLER
    For the Pritzker family of Chicago, the 2001 collapse of subprime-mortgage lender Superior Bank was an embarrassing failure in a corner of their giant business empire. Billionaire Penny Pritzker helped run Hinsdale, Ill.-based Superior, overseeing her family's 50% ownership stake. She now serves as Barack Obama's national campaign-finance chairwoman, which means her banking past could prove to be an embarrassment to her -- and perhaps to the campaign. Superior was seized in 2001 and later closed by federal regulators. Government investigators and consumer advocates have contended that Superior engaged in unsound financial activities and predatory lending practices. Ms. Pritzker, a...
  • Anonther Obama advisor waist deep in the Sub Prime mess and she is still Obama advisor!! Read Letter

    10/02/2008 9:16:59 AM PDT · by 54skylark · 25 replies · 1,375+ views
    We are all now focused on Obama's financial industry bedfellows, who are running his campaign. Here is a story that the main street media (aka Obama protective press) will not cover. His national chairperson, senior advisor on economic issues, and close personal friend rumored for a cabinet post or senior advisor in an Obama White House is Penny Pritzker. • Penny Pritzker through her development of Superior Bank utilizing accounting firm of Ernst & Young and close personal business relationship with Merrill Lynch developed and pioneered the securitization of sub-prime/predatory loans. Using Pritzker reputation convinced rating agencies to give junk...
  • Penny Pritzker Shows Why She Convinced Buffett to Support Obama

    09/22/2008 11:27:22 AM PDT · by moorfyus · 11 replies · 522+ views
    http://www.joelkotkin.com/Politics/Bloomberg ^ | August 20, 2008 | By John Lippert
    The Pritzker holdings constitute one of the top 10 private wealth buckets in the U.S.,'' says Byron Trott, vice chairman of Goldman, Sachs & Co. and lead investment banker for the Pritzkers and Buffett. ``They've compounded wonderfully in value over the last 15 years, and Penny is one of two key operating executives.''
  • Palin Warns Against 'Second Holocaust' by Ahmadinejad

    09/19/2008 1:28:21 PM PDT · by pissant · 15 replies · 256+ views
    ABC ^ | 9/19/08 | staff
    ABC News' Imtiyaz Delawala Reports: Republican vice presidential nominee Sarah Palin warned against Mahmoud Ahmadinejad's pursuit of nuclear weapons for a "second holocaust," while blaming "Democrat partisans" for forcing rally organizers to withdraw her invitation to speak before an anti-Iran protest in New York next week. "John McCain and I are committed to drawing attention to the danger posed by Iran's nuclear program and we will not waver in our commitment," Palin told a crowd of 9,000 supporters in Blaine, MN. "I will continue to call for sustained action to prevent Iranian President Ahmadinejad from getting these weapons that he...
  • Penny Pritzker: Obama's Campaign Finance Chair and Pioneer in Subprime Loans

    09/19/2008 9:33:28 AM PDT · by Anti-Hillary · 37 replies · 3,392+ views
    Beltway Snark ^ | 7-21-08 | staff
    I’m sure this isn’t the Penny Pritzker Obama knows and all, but it sure doesn’t look good to have her around anymore. Senator Barack Obama’s campaign faces a potential controversy over finance chairwoman Penny Pritzker’s past association with Superior Bank, which failed and was seized by regulators in 2001. “Billionaire Penny Pritzker helped run Hinsdale, Ill.-based Superior, overseeing her family’s 50% ownership stake,” John R. Emshwiller writes for The Wall Street Journal. “She now serves as Barack Obama’s national campaign-finance chairwoman, which means her banking past could prove to be an embarrassment to her — and perhaps to the campaign.”...
  • Breaking the Bank (connecting the Obama subprime dots)

    09/18/2008 6:32:25 AM PDT · by wilco200 · 13 replies · 345+ views
    The woman whom Barack Obama is crediting for organizing the Barbra Streisand fundraiser it held last night in Hollywood is also partially responsible for one of the greater banking collapses in American history. Penny Pritzker, Obama's national finance chair was, with her family, the half owner of Superior Bank, which was shut down in 2001 by the FDIC after it had lost nearly all of its more than $2 billion of assets on bad loans to high-risk borrowers, federal regulators said. Pritzker has avoided media attention over the past week as reporters covering the Obama campaign sought comment on the...
  • New Emperor...Same Old Clothes

    07/03/2008 12:40:42 PM PDT · by Dr.Syn · 7 replies · 883+ views
    dansargis.org ^ | July 3, 2008 | Dan Sargis
      New Emperor...Same Old Clothes July 3, 2008 It’s patently absurd how liberals run around chanting “change we can believe in” when, in fact, their new would-be Emperor Obama is the same-old disingenuousness in a new suit. Obama’s version of “change” began by greasing his millionaire buddies. A quick trip to the Obama campaign website reveals that Barack just can’t wait to start bestowing his largesse on “workers’, “working families” and the “middle class”. In fact, he’s so excited about playing political “trick or treat” that he confidently promises to immediately “eliminate income taxes for 10 million Americans” and “provide 150 million workers the tax...