Skip to comments.Typical Chicago Politics Will Come Back To Haunt Obama ( New Revelations from London )
Posted on 02/26/2008 11:59:34 AM PST by Ernest_at_the_Beach
While the NYTs prints a foolish attack piece with lots of innuendo about the Republican nominee, they remain silent on a story that is quite big AND has plenty of evidence to suggest wrongdoing.
Something which you can bet your bottom dollar will see the light of day over and over and over again if Obama is the nominee.
No fawning over the Messiah by the English press here. Hell, they even put up a picture of Obama that isnt flattering:
The story itself is well done, but can get convoluted at times with all the figures. Here is the cast. First up is Nadhmi Auchi, a European billionaire with a scandalous past:
(Excerpt) Read more at floppingaces.net ...
A British-Iraqi billionaire lent millions of dollars to Barack Obama's fundraiser just weeks before an imprudent land deal that has returned to haunt the presidential contender, an investigation by The Times discloses.
The money transfer raises the question of whether funds from Nadhmi Auchi, one of Britains wealthiest men, helped Mr Obama buy his mock Georgian mansion in Chicago.
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.
Mrs Rezko, whose husband was widely known to be under investigation at the time, went on to sell a 10-foot strip of her property to Mr Obama seven months later so he could enjoy a bigger garden.
Mr Obama now admits his involvement in this land deal was a boneheaded mistake.
Mrs Rezkos purchase and sale of the land to Mr Obama raises many unanswered questions.
It is unclear how Mrs Rezko could have afforded the downpayment of $125,000 and a $500,000 mortgage for the original $625,000 purchase of the garden plot at 5050 South Greenwood Ave.
In a sworn statement a year later, Mrs Rezko said she got by on a salary of $37,000 and had $35,000 assets. Mr Rezko told a court he had "no income, negative cash flow, no liquid assets, no unencumbered assets [and] is significantly in arrears on many of his obligations."
Mrs Rezko, whose husband goes on trial on unrelated corruption charges in Chicago on March 3, refused to answer questions about the case when she spoke by telephone to The Times.
Next, we can deal with the flop eared mooselimb thief from Al Capone's den of crooked politicians.
Osamaobama is a communist thief, but he is a rank amateur when compared to the klintoons.
So dirty Saddam Hussain Iraq money connections. Figures.
Just me how a guy goes from nothing to a 1.65 million dollar house even with a wife making $150,000 a year. It doesn’t happen; at that income the IRS is taking 35%. It doesn’ take a rocket scientist to figure out something is rotten in his finances.
I’m sure we will see this in the US Press at some point AFTER the November Elections...
This is Murdoch’s London paper breaking the story....
Remember Miegs Field
Boma, Rezko, etc Ping
The Clintons had James Riyadi. And Obama has Nadhmi Auchi.
Appears the Democratic Party is a wholly-owned subsidiary of foreign zillionaires. (Gee, I hope McCain doesn’t repudiate the preceding statement as offensive to the Democrats.)
Where is the wisdom of Mike Royko when you need it?
Royko was by far Chicagos most beloved political columnist. His scathingly brilliant, uproariously funny writings on the Chicago political machine not only shone a light in the dark corners of corruption, favoritism, and mobbed up businesses of Richard J. Daleys City Hall, he had fun doing it.
Auchi is emerging as a key figure in the corruption trial of Rezko and also played a part in one of Rezkos attempts to exploit his relationship with Obama. Obama denies he ever did any favors for Rezko or his associates but the crooked Obama fundraiser told prosecutors that after Auchi gave him another loan, he asked Obama to intervene with the State Department in order to get a visa for Auchi who was being denied entry into the US:
Prosecutors say that, after Mr Auchi was unable to enter the United States in 2005, Mr Rezko approached the US State Department to get him a visa and apparently asked certain Illinois government officials to do the same. Mr Obama denies he was approached. Mr Auchis lawyer has emphasised to The Times that it would be entirely false to imply that money had been lent by GMH to Mr Rezko in return for Mr Rezko seeking to assist Mr Auchi to obtain a visa. The two mens relationship, the lawyer stressed, was a busines s one.
Allow me to introduce you to Nadhmi Auchi. He was charged in the 1950s with being an accomplice of Saddam Hussein, when the future tyrant was acquiring his taste for blood. He was investigated in the 1980s for his part in alleged bribes to the fabulously corrupt leaders of post-war Italy. In the 1990s, the Belgium Ambassador to Luxembourg claimed that Auchis bank held money Saddam and Colonel Gadaffi had stolen from their luckless peoples. In 2002, officers from the Serious Fraud Squad raided the offices of one of Auchis drug companies as part of an investigation of what is alleged to be the biggest swindle ever of the NHS. With allegations, albeit unproven, like these hanging over him, wouldnt you think that British MPs would have the sense to stay away?
Perhaps you would, but I forgot to add a final fact about Mr Auchi: he is the thirteenth-richest man in Britain, and he has been able to collect British politicians the way other people collect stamps.
First of all, his business dealings make Rezkos kickback schemes for political contributions look like the minor leagues of sleaze. Auchi had a hand in the biggest political and corporate scandal in post war Europe, the so-called Elf Affair where $2 billion francs up and disappeared from the French state oil company Elf.
Yep, just like the Jeff Gerth/NYT Whitewater piece which appeared the day AFTER Election Day 1992, after being held up for months.
Not making a connection....what’s the story...?