Daley "Disappointed"

And once again, he's struck with a case of "Fed-heimers" disease:

• Mayor Daley acknowledged today that he tried to get his nephew to drop out of a risky real estate venture involving city employees’ pension funds a year and a half ago but said his nephew didn’t listen, causing tension in the closeknit Daley family.

• “While many of you have speculated that I knew of Bob’s business relationship, I did not,” he told reporters. “I found out about it the same way most people did — in the news when the story broke. When I did find out, I made it very clear that it was not a good decision and that he should end the business relationship immediately.

  [...] “Perception is everything,” Daley went on to say.

Amazingly, he knows where every nickel and dime is spent when it's something he gets to attach his name to it or cut a ribbon or when it comes to hiring all sorts of people, but when the feds get involved or it's a family friend or a multi-million dollar contract to fake minority front companies, Shortshanks doesn't know a thing.

The perception here is Daley is a lying sack of crap who's up against the ropes in terms of a family member who has been caught red handed overreaching in the public trough.