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To: Candor7
Obama bought a $1,650,000 Georgian revival mansion at a gigantic discounted price, some $300,000 less than the asking price. The same day, Rezko's wife bought the adjoining lot, paying the full $625,000 asking price.

The Rezko lot wasn't accessible from the public street. However, it abuts Obama's property and provided a private preserve that adds to its ambience. Obama bought the Rezko property for $104,500 -- $520,500 less than Rezko's wife paid for it.

This is an error. Apparently Obama only bought 1/6 of Rezco's adjoining property. That is why he only paid 1/6 of the price. The overall deal was a conflict of interest but you could say that he paid a fair price for the extra strip of land. Of course a seller not beholden to Obama probably would have charged more, but not 6 times as much.

30 posted on 01/19/2008 3:31:11 PM PST by wideminded
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Well , his name IS Hussein so he’s nothing to complain about. Especially since he claims that the world will love America when we have a president who is “diverse.”
31 posted on 01/19/2008 4:08:58 PM PST by Godwin1 (merican restaurant.)
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