The Sudden But Well-Deserved Fall of Rahm Emanuel
Start with the 1992 Presidential campaign. Emanuel persuaded Clinton to prioritize raising money. This, to put it lightly, caught up with him. And while Emanuel was never tied to the fund-raising chicanery involving forgotten names like James Riady, Yah Lin Trie, and John Huang, it was that zeal for cash that provided Clinton’s Presidency its original taint of scandal. Obsessive fund-raising is also the foundation of Emanuel’s political operation in Chicago. When two reporters for the Chicago Reader filed a Freedom of Information Act request for the mayor’s private schedule in 2011 (unlike previous mayors, his public schedule was pretty much blank), they discovered that he almost never met with community leaders. He did, however, spend enormous blocks of time with the rich businessmen, including Republicans, who had showered him with cash.
.. After Washington, Emanuel made eighteen million dollars in two and a half years as an investment banker. (His buddy Rauner helped get him his job.)
.. when he named Emanuel as his White House chief of staff. There, however, Emanuel’s signature strategy—committing Obama only to initiatives they knew in advance would succeed, in order to put “points on the board”—nearly waylaid the President’s most historic accomplishment: health-care reform.
.. The bigger question, perhaps, is what this says about a political party and the political press that bought the legend in the first place.