Rahm Emanuel's major donors include some of the same people who recently tried to get the Illinois General Assembly to approve a legislation called "Performance Counts." The same big money people who are bankrolling the group called "Stand for Children" are also putting most of their campaign cash into the coffers of Rahm Emanuel's candidacy for Chicago mayor.
As a recent report from one of the most factual news services in Springfield points out,
Stand for Children, which didn't exist in Illinois five months ago, is now the best funded political action committee (PAC) in the state, having gone from zero to more than $3 million in its coffers thanks to a handful of Chicago area millionaires and billionaires who donated as much as a half million dollars to Stand for Children just before Illinois law changed putting a cap on the donations. The same billionaires and millionaires are bankrolling the Rahm Emanuel campaign for mayor of Chicago. One of those who made a major contribution to Stand for Children (Tribune corporation's Sam Zell, who donated $100,000 to Stand for Children) also puts out the supposed surveys that show Emanuel as the leading candidate for mayor...
http://www.substancenews.net/articles.php?page=1948§ion=ArticleCAPITOL FAX, "Political Intelligence", by Rich Miller,
FRIDAY, January 21, 2011
CHICAGO; MONEY OUR NEW OVERLORDS
It's no longer a surprise why Rahm Emanuel so heartily endorsed an education reform bill that was vigorously opposed by the teachers unions. The Chicago mayoral candidate raised almost $900,000 from all but two of the same individuals, families and companies which filled Stand for Children Illinois' coffers to bursting last month...about a fifth of his local ($4.6 million from chicago) money came from Stand for Children backers...
- Elizabeth Crown, a member of the Henry Crown dynasty (which gave Stand for Children $500K and Emanuel $114K) had only contributed relatively small amounts before ramping up her giving with $50K to "Stand" and $15K to Emanuel.
Paul Finnegan, the co-CEO of Madison Dearborn Partners, $500K to Stand for Children and $50K to Emanuel...
etc.