2008 Election CoverUps

Obama not without shady ties

Obama's Iraqi Oil for Food connection

A recent story on AmericanThinker.com by Andrew Walden underscores some old, overlooked baggage Obama may bring to the table, which no one is really talking about: his relationship with shady Chicago developer Antoin Rezko.

• Out on bail awaiting trial, dual US-Syrian citizen, Antoin ‘Tony' Rezko, was rousted out of bed by police pounding on the doors of his Chicago mansion the morning of Monday, January 28. According to the Associated Press:
• "U.S. District Judge Amy J. St. Eve jailed Rezko...saying he had disobeyed her order to keep her posted on his financial status.
• Among other things, he failed to tell her about a $3.5 million loan from London-based Iraqi billionaire Nadhmi Auchi -- a loan that was later forgiven in exchange for shares in a prime slice of Chicago real estate.
• Rezko gave $700,000 of the money to his wife and used the rest to pay legal bills and funnel cash to various supporters."
• Funds from Auchi's loan may have helped finance a complex series of transactions between Rezko and Illinois Senator/Democratic Presidential candidate Barack Obama, involving the 2005 purchase of Obama's Chicago mansion and Rezko's purchase of an adjoining landlocked parcel.
• The Times of London reports:
• "A company related to Mr. Auchi, who has a conviction for corruption in France, registered the loan to Mr. Obama's bagman Antoin ‘Tony' Rezko on May, 23 2005. Mr. Auchi says the loan, through the Panamanian company Fintrade Services SA, was for $3.5 million.
• "Three weeks later, Mr. Obama bought a house on the city's South Side while Mr Rezko's wife bought the garden plot next door from the same seller on the same day, June 15.
• Mr. Obama says he never used Mrs. Rezko's still-empty lot, which could only be accessed through his property. But he admits he paid his gardener to mow the lawn."

Get The Full Scoop

American Thinker

Obama's Iraqi Oil for Food connection
By Andrew Walden

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Our Take

Perhaps Obama’s life is not as rife with these sorts of dubious relationships as Hillary’s is, but the media shouldn’t give him a pass. Rezko is a sleazeball and Obama is obviously on good footing with him. What does that say about Obama?