Sunday, October 26, 2008

Another Obamedia whitewash - Rezko & Obama

Rezko is singing (reported back on October 10th in the back pages), and the Feds have delayed sentencing as Rezko spills the beans on Chicago political corruption:


Last week, defense attorneys representing figures in Illinois corruption cases tipped the media that Tony Rezko may have decided to cooperate with federal investigators. Now it appears their worst nightmare has come true. Federal prosecutors requested a delay in Rezko’s sentencing, almost certainly a sign that Rezko has cut a deal to limit his time in prison after his conviction on multiple counts of corruption: Federal prosecutors moved Monday to delay indefinitely the sentencing of convicted fundraiser Antoin “Tony” Rezko, sending their strongest hint yet that he is ready to spill his political secrets. The filing asks for a postponement while prosecutors and defense attorneys “engage in discussions that could affect their sentencing postures.” Speculation has simmered for weeks that the key fundraiser for Gov. Rod Blagojevich and Sen. Barack Obama was whispering what he knows about corruption in Illinois government to federal prosecutors in hopes of getting a lighter sentence. Rezko raised more than $1 million for Blagojevich’s campaign fund and was one of the governor’s key advisers. He was frequently by the governor’s side in the early days of his administration and could be in a position to shed considerable light on federal investigations into patronage hiring and a host of other issues involving Blagojevich. Rezko also raised $250,000 for Barack Obama and was his most important fundraiser during Obama’s state senate career, as well as for his US Senate race.

But the Obamedia has continued to be utterly silent, even though the Rezko issue was there from the spring. Tony Rezko, the developer convicted on fraud and corruption, was an early patron of Obama. Rezko had given Obama $250,000 in campaign contributions over the years, and in exchange, Obama had steered $37 million or so in Government grants to Rezko's slumlord buildings.

That house deal between Obama and Rezko was a very simple quid pro quo bribe. Rezko overpaid for a lot next to Obama's house that served as Obama's yard, so Obama could get into a million dollar house on the cheap; the seller reduced his $1.65 million asking price to $1.35 million for Obama. The house and the lot were bought on the same day, and appraisal fraud may have been involved. Later, to make the gift of the yard less obvious, Obama bought a strip of land in the yard from Rezko, a strip that made the lot unservicable for anything but as Obama's yard.
But wait there's more - a Connection between Obama, Rezko and Alexi Giannoulias:
"Alexi Giannoulias, who became Illinois state treasurer last year after Obama vouched for him, has pledged to raise $100,000 for the senator’s Oval Office bid.

Before he promised to raise funds for Obama, Giannoulias bankrolled Michael “Jaws” Giorango, a Chicagoan twice convicted of bookmaking and promoting prostitution.

Giannoulias is so tainted by reputed mob links that several top Illinois Dems, including the state’s speaker of the House and party chairman, refused to endorse him even after he won the Democratic nomination with Obama’s help."

So Giannoulias is a pretty dirty politician/operator with mob links. And Obama's links to him? "Alexi also approved millions in loans for Rezko’s various real estate projects. Obama used (Giannoulias-controlled) Broadway Bank for both his personal business and for his Senate campaign fund." The Obama - Giannoulias connection goes way back, as Hillbuzz states:
(4) The Giannoulias family was involved with Obama as far back as his first state senate campaign in 1996. It has been long rumored here in Chicago that Obama obtained a sweetheart deal on his first town home here in Chicago — which he could not have afforded otherwise — and guess who the financing came from for that house? We’ve been told it was Broadway Bank, the Giannoulias bank. Now, this sets up a scenario where the Giannoulias family helps Obama with his campaign finances and gets him deeper in their pocket with his sweetheart mortgage deal ...
(5) One favor political Chicago claims Obama did for the Giannoulias family was in 2006 when, out of the blue, 29 year old Alexi Giannoulias, with no experience, and without ever having voted before, decides to run for State Treasurer of Illinois. Also out of the blue, Barack Obama endorses Alexi Giannoulias for State Treasurer. This was a SHOCK to everyone in Chicago — and Giannoulias would have never become State Treasurer without Obama’s help. In political circles here, it has always been believed that this endorsement was bought years ago with that sweetheart mortgage deal Broadway Bank arranged for Obama to buy his town house.

Alexi Giannoulias and his link to Obama are important because it appears that Rezko is turning on him. So now two of Obama's biggest and earliest supporters are actually both mob-related corrupt Chicago operators, and Obama participated in apparent bribery schemes with at least one (Rezko).

As with the media whitewash on Ayers and Rev Wright, Obama's real history and associates, includng this Chicago-style corruption, is completely whitewashed away. There is pretty clear evidence that Barack Obama got himself bought by corrupt mob-linked Chicago operators. And we are letting the Obamedia IGNORE this story?

2 comments:

Anonymous said...

The media misreported and misinterpreted important documented facts about the Rezko-Obama deal.

Do they tell you about the restrictive covenant? No?

Then you need to read the following article that explains what really happened.

http://jtgaltomega.wordpress.com/

Anonymous said...

The media is so in the tank for Obama they've grown gills.