This morning, the New York Times reported that Joe Ricketts, the founder of the brokerage firm TD Ameritrade, had commissioned a $10 million Super PAC hit on Barack Obama that would revisit the president’s ties to the Rev. Jeremiah Wright.
Almost immediately, Ricketts disavowed the effort. Strategic concerns, and Mitt Romney’s distaste for refighting the 2008 election might have been one reason.
But there is also the fact that the Ricketts family owns the Chicago Cubs. We’ll let Greg Hinz from Crain’s Chicago Business make the connection:
The Chicago angle on this is that Mayor Rahm Emanuel, Mr. Obama’s former chief of staff, has been trying to put together a deal for the city to put $100 million or more in tax incentives into a Wrigley rebuild.
Now, Joe Ricketts’ political support for conservative causes is no secret. And his children, particularly son Tom Ricketts, run the team day to day.
Beyond that, another of Joe Ricketts’ kids, daughter Laura Ricketts, is a lesbian activist and major fund-raiser for Mr. Obama.
Still, it’s not unfair to ask whether money the city would ship the Cubs would free up family cash to trash Mr. Obama. At a bare minimum, the timing is very, very, very awkward.
And now you know why Arthur Blank gives to both Democrats and Republicans. But the ultimate irony? Obama is a White Sox fan.
- By Jim Galloway, Political Insider