Thursday, October 4, 2007
Personal Aside: Multi-Millionaire John Canning, Who Manages the Archdiocesan Pension Fund, Backs Obama and Tells Why: Stem Cell The Admissions Director of the U of C Has an Interesting Admission.
The gilt-edged Catholic near-billionaire John Canning who manages the archdiocesan pension fund here, has told Bloomberg News that he supports Barack Obama. Despite the fact that he was a Pioneer, one of George W. Bushs top fund-raisers and that he is deputy board chairman of the Federal Reserve Bank of Chicago by Bush in 2004, said in an interview that I no longer find myself on the same page.
As head of a leveraged-buyout firm, he says that he is disappointed that the GOP used to represent individual rights. Its become a party thats taken Neanderthal positions on things like stem-cell research and global warming. He pointed out to Bloomberg that in 2005 the Republican-led Congress intervened in an effort to keep Terri Schiavo, a brain-damaged Florida woman, alive against her husbands wishes.
The 62-year-old businessman who is a Obama supporter endorses the Illinois Senator despite the fact that as a legislator-chairman of a Senate committee, Obama voted against the Born Live bill that would provide assistance to live, suffering infants who are born as result of a botched abortion. The Congress passed and Bush signed into law a federal version of the Born Live billover Obamas opposition.
It would behoove someone to examine exactly to what use Canning has put the archdiocesan pension funds he invests. I wonder if since this story came out a few months ago anybody from the Archdiocese has inquired. Thatd seem reasonable to do, wouldnt it?
Lets open this for discussion. How many think the Archdiocese moved quickly to inquire of Canning and how many believe the Archdiocese hasnt inquired yet, more concerned about the earnings from the investments?
Admission from the Admission Director.
If you just scan the papers you learn something the Establishment possibly does not intend. The Wall Street Journal on Sept. 28 carried a story The College Try May Not Get You Into College. It dealt with the special attempts by college admissions people to add to ordinary academic attainments in their recruits. Take the case of one Theodore ONeill, admissions director of the University of Chicago.
He said that he would wholeheartedly give the daughters of Sen. Barack Obama a break to get into the University. Why?
Those children, for all their privileges, will have interesting things to say about American society based on what Im assuming their experiences are.
Gee, at least he didnt say that since theyre black theyd be good at track or field. Im sure that the daughters would have interesting things to say about a guilt-ridden white liberal elitist like you, Mr. ONeill who doesnt mention the character of potential students or their potential for future attainments.
Lets have a plebiscite. Would your kids likely be picked for the U of C because of their interesting things to say about American society based on their experiences? Or does it underscore why so many people distrust elite educational institutions?