Showing posts with label Tom Ricketts. Show all posts
Showing posts with label Tom Ricketts. Show all posts

Wednesday, May 23, 2012

Why all Chicago Aldermen, not just the Black Caucus, should reject Tom Ricketts insulting Cubs outreach efforts

By John V. Moore (@johnvmoore)

This morning in the Chicago Sun-Times Fran Spielman reports that Chicago Cubs Chairman Tom Ricketts is reaching out to the Chicago City Council's African American members in an effort to breath life into his request for public funds to help finance Wrigley Field renovations.  Since the revelation that Joe Ricketts, patriarch of the family that owns the Cubs, was soliciting proposals to attack President Barack Obama, Tom Ricketts has been in damage control mode.  As the New York Times reported the plan presented to the Ricketts family (not just Joe, but Cubs shareholders Pete and Todd) used race in attempt to do political damage to the President.  To me this outreach to African American Alderman is insulting for the following reasons:

  1. Both Dan Bernstein (@dan_bernstein) and Steve Rosenbloom (@stevenrosenbloom) have made the allegation, with compelling evidence, that the Ricketts family is misleading about their father's role in Cubs ownership.  If this allegation is true, why should anyone believe Tom Ricketts explanations and spin regarding the family backing of the racist attack on the Obama?  Hopefully reporters, Alderman, Mayor Emanuel and anyone else that Tom reaches out will challenge him to fully explain Joe's involvement in Cubs ownership.
  2. The New York Times also reported that the race baiting proposal was presented to Cubs shareholders Pete and Todd Ricketts.  So while its great to separate Joe Ricketts from Cubs ownership, how does the family explain Pete and Todd's apparent participation in the solicitation of the racist proposal?  
  3. Why is Tom Ricketts only reaching to African American Aldermen?  Is he of the belief that white and Hispanic Alderman weren't offended by his father's and brothers' efforts to launch a race based attack on President Obama?  Shouldn't his outreach be to all Alderman?
Tom Rickets must think the African American Aldermen and the people of Chicago are fools.  It is appalling that he is misleading everyone about his father's role in the ownership group, while at the same time ignoring the fact that his two brothers who are acknowledged Cubs shareholders were involved in this raced based plan to attack President Obama.

See also: Ricketts Tap-Dancing Around The Truth (Dan Bernstein)

Thursday, May 17, 2012

Before they throw papa Joe under the bus 3 questions for Tom Rickets & family



UPDATE: See update below.

Before the Ricketts' family dismisses the racist super pac proposal I have some question for Tom Ricketts that I would love local media and Mayor Emanuel to ask (provided he takes their calls).  The questions are from the following passage in the New York Times article that exposed Tom Ricketts:
"The proposal was presented last week in Chicago to associates and family members of Mr. Ricketts, who is also the patriarch of the family that owns the Chicago Cubs."
  • What Ricketts' family members were there when the proposal was presented?
  • Were any of the Ricketts' family members that were present members of the Chicago Cubs ownership team?
  • While Tom Ricketts' condemned the racist plan after it was revealed that his father and other family members considered it, are any members of the Cubs ownership team on board with Joe Ricketts super pac and its efforts to unseat President Obama?
It easy to dismiss this as a misguided attempt by Joe Ricketts, but the article talks about Ricketts family members.  Who are those family members and what are their roles with the Chicago Cubs?  Might Tom be involved?

UPDATE: According to the New York Times the proposal was presented to two of Joe Ricketts's sons, it should be pointed out that all of the Ricketts' children are in the ownership group of the Chicago Cubs so it is absolutely fair to say that members of the Chicago Cubs ownership group sought to attack President Obama.
"The president and general counsel of the Ending Spending Political Action Fund, Brian Baker, said through a spokesman that the plan was submitted to a group that included him and two of Mr. Ricketts’s sons at a meeting in Chicago last week. 'I was surprised and troubled by what I saw,' he said. 'It was not what we asked for.'"






Monday, November 15, 2010

The Ricketts family is against “wasteful government spending” unless it helps make them rich

Chicago Cubs owner Joe Ricketts dislikes government spending so much that he spent over a half a million dollars of his own money to fight against it. According to the Huffington Post (HuffPo) Ricketts was the “sole financier of the Ending Spending Fund” which invested nearly $600,000 into the Nevada US Senate race against Majority Leader Harry Reid.

HuffPo also points out that the fund is the political arm of a new nonprofit called Taxpayers Against Earmarks, which is "dedicated to educating and engaging American taxpayers about wasteful government spending and the misguided practice of earmarks."

In a video on the group’s website and YouTube page Joe Rickets says, “I think its a crime for our elected officials to borrow money today, to spend money today and push the repayment of that loan out into the future on people who are not even born yet.”

Its funny that Joe Ricketts is so passionate against “wasteful government spending” when his family, led by son, Cubs Chairman Tom Ricketts, has just asked the people of Illinois to borrow $300 million in a bond offering so that it can rehab Wrigley Field. This request follows a vote in Mesa, AZ which guaranteed the Cubs $84 million in public funds to build a new spring training stadium and facility.

Does Joe Ricketts think its a crime that the family business will collect $84 million from one government body, while asking for $300 million from another?

When he talks about borrowing money today and forcing that debt on the unborn he is literally talking about the very scheme that the Cubs are pushing. That plan calls for the bonds to be paid off over 35 years through amusement taxes. Many of the individuals paying those amusement taxes haven’t been conceived yet, hell some of their parents are still in elementary school.

The Ricketts’ family is a perfect example of these so called fiscal conservatives who gin up the outrage against government spending while at the same time using corporate welfare to increase their profit margins.

To these folks funding health care, education, infrastructure, public transportation and public safety is an unnecessary waste of money.

Simply put Joe Ricketts is selfish with an outsized sense of entitlement.

I support the responsible investment of public funds into private sector businesses that leads to economic development and puts people to work. In this case however I encourage members of the Illinois legislature to watch Joe Ricketts video before casting their vote. They should think twice about being an accomplice to what he calls a crime.