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rahm emanuel
Choosing Rahm Emanuel as DNC Chair Would Drag the Party Backwards
If Emanuel ends up in the top DNC spot, the message will be that wealthy power brokers have fully recaptured the party.
Nov 21, 2024
If the Democratic National Committee is trying to find a new leader proficient at alienating Black voters, it couldn’t do better than Rahm Emanuel.
Emanuel has indicated in recent days that he’s interested in the job. If he goes for it at the party’s upcoming meeting, much of the old Democratic guard is likely to back him, setting up an intra-party brawl.
Last week, David Axelrod served as a digital advance man for his former Obama White House colleague, posting that “Dems need a strong and strategic party leader, with broad experience in comms, fundraising, and winning elections,” while touting Emanuel as just the man for the job: “Dude knows how to fight and win!”
The Democratic National Committee should not choose for its chair a pugnacious bully who relishes fighting with the party’s most loyal constituencies and committed activists.
In terms of well-connected power-brokering, Emanuel’s ties with Democratic elites and corporate donors have been second to none. And he can boast an impressive political resume—senior adviser to President Bill Clinton, congressman from Illinois, chair of the Democratic Congressional Campaign Committee in Democrats’ 2006 sweep, chair of the House Democratic Caucus, and White House chief of staff for Barack Obama, before becoming mayor of Chicago in 2011.
But his eight-year record as mayor could trip up Emanuel if he runs for DNC chair. Long before leaving office in 2019, Emanuel had fallen into disrepute. By the end of 2015, a poll found that his approval rating among Chicago residents had sunk to 18%. No wonder he decided not to run for a third term.
Emanuel stands out at provoking bitter enmity from Black people, crucial voters in the Democratic Party base.
He earned notoriety for the cover-up of a video showing how Chicago police killed 17-year-old Laquan McDonald one night in October 2014. For 13 months, during Emanuel’s campaign for reelection, his administration suppressed a ghastly dashboard-camera video showing the death of McDonald, an African American who was shot 16 times by a police officer while walking away from the officer. (A jury later convicted the officer of second-degree murder and 16 counts of aggravated battery.)
Memories of Emanuel’s malfeasance have remained vivid. In 2020, Rep. Alexandria Ocasio-Cortez (D-N.Y.) expressed a widely held view when she tweeted: “Rahm Emanuel helped cover up the murder of Laquan McDonald. Covering up a murder is disqualifying for public leadership.”
Last weekend, amid reports that Emanuel was weighing a bid for DNC chair, Ocasio-Cortez denounced him as a symptom of what ails the party: “There is a disease in Washington of Democrats who spend more time listening to the donor class than working people. If you want to know the seed of the party’s political crisis, that’s it.”
Longtime Chicago journalist and activist Delmarie Cobb wrote a scathing assessment of his mayoral record in 2021. While mentioning that Emanuel “closed 50 public schools in predominantly Black and brown neighborhoods,” Cobb also pointed out that “he closed six of 12 mental health clinics in these communities.” She added: “Now, who needs access to mental health care more than Chicago’s Black and brown residents who are underserved, underemployed, and under constant threat of violence?”
Emanuel’s response to the McDonald killing was emblematic of his arrogant leadership method, routinely clashing with the basic interests of racial minorities and the non-affluent. When Emanuel was nearing the end of his last term, The Nation magazine summed up his term this way: “The outgoing mayor’s legacy will be defined by austerity, privatization, displacement, gun violence, and police brutality.”
It’s fitting that Axelrod is leading the charge for Emanuel to win the top post at the DNC. Both of them were well-compensated for providing services to the giant Exelon Corporation, a public utility with the nation’s largest set of nuclear power reactors. In fact, Emanuel “helped create the company through a corporate merger in 2000 while working as an investment banker,” The New York Timesreported.
During that stint as an investment bank director—after leaving the Clinton White House and before entering Congress—Emanuel used his connections to make $18 million in just two-and-a-half years. It’s that kind of coziness with economic elites that has caused Democrats’ appeals for working-class votes to ring hollow.
A frequent refrain at Vice President Kamala Harris’s campaign rallies was “We won’t go back!” But if Emanuel ends up as the DNC chair, the message will be quite the opposite—signaling that wealthy power brokers have fully recaptured the party.
As Emanuel’s days are numbered in his position as ambassador to Japan, the chance to become chair of the DNC might be too tempting to pass up. Shortly after President Joe Biden nominated him for the diplomatic role, Chicago Tribune columnist Rex Huppke wrote that the idea was “laughably absurd.” As mayor, Huppke recalled, “Emanuel was, as he always has been in public life, a pugnacious bully.”
The Democratic National Committee should not choose for its chair a pugnacious bully who relishes fighting with the party’s most loyal constituencies and committed activists.
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Rahm Emanuel Made Alarming Stock Trades as Ambassador to Japan
A report on the "suspiciously timed" trading comes as the longtime party insider mulls a run for Democratic National Committee chair.
Nov 19, 2024
"Siri, what is insider trading?"
That's how one reader responded to Tuesday reporting by The American Prospect's Daniel Boguslaw that Rahm Emanuel, who is supposedly mulling a bid for Democratic National Committee (DNC) chair, made some concerning financial moves while in his current government job.
Emanuel is the U.S. ambassador to Japan. He was previously the mayor of Chicago, a Democratic Illinois congressman, and a key adviser to former Presidents Barack Obama and Bill Clinton. While in the House of Representatives, he chaired the Democratic Congressional Campaign Committee and then the party's caucus in the chamber. He's also been an investment banker.
As Boguslaw detailed Tuesday:
Periodic transaction reports filed with the Office of Governmental Ethics over the past two years suggest that Chicago's golden boy may be better served returning to his roots on Wall Street, given the six-figure trades he executed at highly opportune moments in U.S.-Japanese trade relations.
Among the millions of dollars of stock trades Emanuel conducted between 2021 and 2024 while serving as ambassador, one purchase jumps out. On September 29, 2023, Emanuel bought between $250,000 and $500,000 worth of stocks in CoreWeave, a leading AI cloud computing service.
Emanuel's purchase took place one day before the Japanese government announced a $320 million subsidy to Micron Technology to manufacture storage components that are essential to the Nvidia chips which CoreWeave relies on for its AI computation services.
Emanuel "purchased between $100,000 and $250,000 worth of Ocient stock on March 8, 2024, before the close of the firm's series B raise," after the Illinois "data analytics company's CEO Chris Gladwin traveled to Japan in October on a trade delegation mission," Boguslaw noted. "At the end of July, Rahm also purchased between $50,000 and $100,000 worth of stock in Monroe Capital, a Chicago-based middle-market lender that specializes in collateralized debt obligations, the Frankenstein financial product that crashed global markets in 2008."
While Emanuel did not respond to the Prospect's request for comment, Jeff Hauser, executive director of the Revolving Door Project, declared on social media that it was a "MASSIVE STORY!"
Hauser told Common Dreams that "being ambassador to Japan is a big job, but normally owing to its importance to America's relationship with a key ally in a critical area of the globe, and not because of the access it apparently provides to actionable stock tips."
"Ambassador Emanuel's brain ought to have been focused on improving America's lot in East Asia, not maximizing his retirement account," he said. "We at Revolving Door Project have long argued that senior government officials should be limited to investing in diversified mutual funds rather than stock by stock. That Emanuel was making exotic investments in businesses he may have learned about on the government's dime only underscores the need for such reforms."
"If Democrats are to ever put a full and final end to Trumpism, they are going to need to develop a clear and consistent critique of why corruption by public officials is a bad thing. That would make Rahm Emanuel among the worst possible choices for DNC chair, especially since Sen. Menendez seems likely to be unavailable for the position," Hauser added, referring to Bob Menendez, a former Democratic senator from New Jersey who in July was convicted of taking bribes.
As Common Dreamsreported last week, progressive critics of Emanuel have called his potential leadership of the DNC—after various devastating losses for the party on Election Day earlier this month—a "sick joke" and "the worst idea in the world."
Noting Emanuel's consideration of the job in an email to supporters on Tuesday, Congresswoman Alexandria Ocasio-Cortez (D-N.Y.) said that "there is a disease in Washington of Democrats who spend more time listening to the donor class than working people. If you want to know the seed of the party's political crisis—that's it."
"The DNC needs an organizer who gets people," she asserted. "Not someone who sends fish heads in the mail."
Martin O'Malley, a former Democratic presidential candidate and Maryland governor, and Ken Martin, the Minnesota Democratic-Farmer-Labor Party chair and a DNC vice chair, have both formally launched their campaigns for the position.
Other potential contenders for the DNC post include Wisconsin Democratic Party Chair Ben Wikler and Chuck Rocha, a political strategist for the latest campaign of Sen.-elect Ruben Gallego (D-Ariz.) and the presidential campaign of Sen. Bernie Sanders (I-Vt.).
Sanders, who caucuses with Democrats, said after the elections earlier this month that "it should come as no great surprise that a Democratic Party which has abandoned working-class people would find that the working class has abandoned them."
According toCBS News:
Rocha said he's still waiting to see how the field develops before jumping in, and "if there's a better candidate that really stands for what I want to see done with the party."
But Rocha has set several action items he would take as chair: eliminate education requirements for senior DNC positions, mandating that state parties "be more inclusive" and diverse with consultant hiring, and to focus on building party infrastructure in all 50 states.
Asked about Martin's and O'Malley's campaigns, Rocha called them "names that are from the institution."
"I think we need somebody from the outside and a strategist to come in and rebuild the party," said Rocha, who noted that his non-college background and upbringing in East Texas could be an advantage as the party looks to reconnect with working-class voters.
Politicoreported Tuesday that another Sanders ally, James Zogby, "expects to formally launch his campaign in the coming days."
A longtime DNC member and president of the Arab American Institute, Zogby told Politico that he was motivated to run by his anger over Republican President-elect Donald Trump's defeat of Democratic Vice President Kamala Harris.
Zogby criticized Harris for campaigning with former Rep. Liz Cheney (R-Okla.), said the Democratic Party was too "focused on suburban women and not on white working-class people," and called the decision to not invite a Palestinian American to speak at the national convention "unimaginative, overly cautious, and completely out of touch with where voters are."
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'Sick Joke': Progressives Roundly Reject Idea of Rahm Emanuel as DNC Chair
"No amount of rebranding can change the fact that Rahm Emanuel's political career has been an abject failure—neoliberal centrism is exactly the wrong direction for the Democratic Party," said one critic.
Nov 15, 2024
Progressives were left fuming and flummoxed over reporting Friday that Rahm Emanuel is considering running for chair of the Democratic National Committee, with many leftists wondering whether the party has learned anything from its loss of the White House, Senate, and, arguably, the country's working-class voters.
Axiosfirst reported that Emanuel—President Joe Biden's ambassador to Japan and a former congressman, Chicago mayor, and chief of staff to former President Barack Obama—is mulling whether to seek the top DNC post. Current DNC chair Jamie Harrison, who was elected to the post in 2021, is unlikely to seek a new term, which would begin in March.
Emanuel has some powerful backers among the war-and-Wall Street wing that has dominated the Democratic party for decades.
"If they said, 'Well, what should we do? Who should lead the party?' I would take Ambassador Rahm Emanuel, and I would bring him back from Japan, and I would appoint him chairman of the Democratic National Committee," prominent political consultant David Axelrod, who ran both of Obama's successful presidential campaigns, said Wednesday on his podcast.
Axelrod followed up the next day with a post on X, the social platform formerly known as Twitter, in which he wrote of Emanuel, "Dude knows how to fight and win."
Reaction came fast and furious, with Jonathan Cohn, policy director at the group Progressive Massachusetts, asking on the social network Bluesky, "How is this not a sick joke?"
Center for International Policy executive vice president Matt Duss, a former foreign policy adviser to Sen. Bernie Sanders (I-Vt.) writing on X that "if you assembled a team of top scientists and told them to come up with a plan to ensure that the Democratic Party continues to lose working-class voters, I doubt they could do better than 'Make Rahm Emanuel head of the DNC.'"
Comedian, author, and podcaster Kate Willett
said on X: "If I had to pick one individual who set the stage for what seems like it may be decades of Trumpism, it's Rahm Emanuel. Imagine if Obama had saved peoples' homes in 2008 and put the bankers in jail? Truly fixed healthcare? Rahm worked diligently to make sure that didn't happen."
Miles Kampf-Lassin, the senior editor at the progressive website
In These Times, wrote, "I've said it before and can't believe I have to say it again: No amount of rebranding can change the fact that Rahm Emanuel's political career has been an abject failure—neoliberal centrism is exactly the wrong direction for the Democratic Party."
Hafiz Rashid argued Friday in a
New Republicarticle that, if he wins the post, Emanuel could be "the worst possible DNC chair."
"The fact that Emanuel has been disconnected from local and state politics for years... seems unlikely to help," Rashid asserted. "Democrats are currently expected to tap someone with expertise at the grassroots level and an understanding of how Democrats are winning elections now—two things Emanuel sorely lacks."
Apparently questioning the strategic wisdom of Vice President Kamala Harris' failed Democratic presidential run, Warren Gunnels, a staff director for Sanders,
said on X, "Ruling Elite: Let's get Dick Cheney's endorsement and anoint Rahm Emanuel as DNC Chair."
"One word," he added. "No."
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