The billionaire GOP candidate who pledged to run Illinois ‘like a business,’ will put the interests of his Wall Street pals ahead of Illinois’ main street small businesses
Chicago, IL –(ENEWSPF)—September 8, 2014. Last week, billionaire gubernatorial candidate Bruce Rauner advised a group of business students at Northern Illinois University to avoid investing in small family-run companies. The Daily Chronicle described the scene as follows:
Rauner talked about his former venture capital firm, GTCR, and offered advice about what not to invest in, places such as mom-and-pop businesses that rely on cash and have heavy competition.
Dr. Chris Dupuis, who co-owns a business with his father in Naperville, was shocked when he heard the news of Rauner’s statement.
“Family run businesses are a great investment. They are part-and-parcel of a community. Corporate raiders like Bruce Rauner will never understand that,” said Dr. Dupuis, co-owner of Wheatland Animal Hospital. Dupuis employs more than two dozen residents of DuPage and Will counties.
Rauner’s distaste for Illinois’ small businesses is evident in his business record. Rauner’s company made a substantial profit after its subsidiary took over DB Aviation, a small aviation company in Waukegan, IL, and cut 30% of its workers.
“Rauner doesn’t see small mom-and-pop businesses as the economic engines and vital community institutions they are,” said Neal Waltmire, Communications Director for Illinois Freedom PAC. “It’s due to his short-sighted view that companies and workers exist only to be exploited for profits.”
“Without a doubt, the greedy billionaire who pledged to run Illinois ‘like a business,’ will put the interests of his Wall Street pals ahead of Illinois’ main street small businesses.”
Source: Illinois Freedom PAC
