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Shady House Deal Plagues Obama
560WIND ^ | 8-21-08 | Amanda Carpenter

Posted on 08/21/2008 10:52:19 AM PDT by SJackson

Democratic presidential candidate Barack Obama’s campaign may be drawing attention to their GOP rival John McCain’s multiple houses at their own peril.

Obama’s campaign has been trying to paint McCain as an “elitist” by criticizing the homes owns with his wife, Cindy. When asked by a Politico reporter how many homes he had, McCain deflected the question to his staff because he was unsure how many condominiums Cindy currently owned.

Obama and his supporters pounced on the story. At a stop in Chester, Virginia Obama said, "If you don’t know how many houses you have, it’s not surprising you might think the economy is fundamentally strong.By the way, the answer is John McCain has seven homes. We can’t afford eight more years, or four more years, or one more year of the same failed economic policies that George Bush has put in place.” The Service Employees International Union followed suit by creating a web video titled “McCain’s Mansions” suggesting McCain is out of touch with American’s housing woes.

The McCain campaign is happily returning fire. “Does a guy who made more than $4 million last year, just got back from vacation on a private beach in Hawaii and bought his own million-dollar mansion with the help of a convicted felon really want to get into a debate about houses?” McCain spokesman Brian Rogers said Thursday.

The convicted felon Rogers referred to is Tony Rezko, who played a role in helping Obama expand the $1.65 million mansion Obama purchased $300,000 below the list price on Chicago’s South Side in 2005. Rezko's sister, Rita, coincidentally purchased land adjacent to the Obama's property on the same day, at the full list price, and later sold a parcel of it to the Obama's which made the Obama's yard bigger.

Before Obama bought the house he had assisted Rezko in securing millions of tax dollars for housing developments as an Illinois state legislator.

Rezko was convicted on 16 of 24 federal corruption counts earlier this year. The charges were unrelated to Obama, but drew attention to Obama’s cozy relationship with the felon. Obama told the press his decision to become involved with Rezko “a boneheaded move.”

Over the Fourth of July Weekend, the Washington Post revealed Obama had also secured a reduced mortgage for the same home, on top of the Rezko's discount, saving him more than $300 a month in mortgage payments. "Shortly after joining the U.S. Senate and while enjoying a surge in income, Barack Obama bought a $1.65 million restored Georgian mansion in an upscale Chicago neighborhood. To finance the purchase, he secured a $1.32 million loan from Northern Trust in Illinois. The freshman Democratic senator received a discount. He locked in an interest rate of 5.625 percent on the 30-year fixed-rate mortgage, below the average for such loans at the time in Chicago,” Post reporter Joe Stephens wrote.

Obama’s ties to shady mortgage deals extend beyond his own home, too.

Obama’s vice presidential “vetter” Jim Johnson, a former Fannie Mae CEO, also received a discount mortgage. Johnson was dismissed from the Obama campaign after details of his sweetheart mortgage deal were revealed to the public.


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 2008; barackobama; democrats; elections; mccain; nobama08; obama; obamatruthfile; rezko
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1 posted on 08/21/2008 10:52:19 AM PDT by SJackson
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To: SJackson

p0wn3d


2 posted on 08/21/2008 10:56:49 AM PDT by oncebitten
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To: oncebitten

3 posted on 08/21/2008 10:58:59 AM PDT by Dems_R_Losers (RIP Tony Snow, great American, father, and Christian)
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To: SJackson

How much more filth needs to be exposed on this POS, before his number fall in the polls significantly??


4 posted on 08/21/2008 10:59:48 AM PDT by EagleUSA
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To: SJackson

Obama is safely insulated by the double standard-Democrat corruption doesn’t count. It’s the inexcusable bias of the MSM that permits him to throw stones, secure in the knowledge that his hypocrisy will never be exposed by the lapdog media.


5 posted on 08/21/2008 11:00:14 AM PDT by Spok (Whatever you say about McCain, it must be admitted that he's no B. Hussein Obama.)
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To: SJackson
Rezko's sister, Rita, coincidentally purchased land adjacent to the Obama's property on the same day, at the full list price, and later sold a parcel of it to the Obama's which made the Obama's yard bigger.

Rita ain't Tony's sister. She's his wife.

6 posted on 08/21/2008 11:01:48 AM PDT by freespirited (Honk if you miss Licorice.)
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To: SJackson

This Brian Rogers guy has been on a roll lately. He came out with a strong quote yesterday, too, the details of which elude me right now.

he also said this in the past:

“McCain spokesman Brian Rogers just fired back, on message, at Clark, a former Clinton backer who’s now with Obama:

If Barack Obama’s campaign wants to question John McCain’s military service, that’s their right. But let’s please drop the pretense that Barack Obama stands for a new type of politics. The reality is he’s proving to be a typical politician who is willing to say anything to get elected, including allowing his campaign surrogates to demean and attack John McCain’s military service record.


7 posted on 08/21/2008 11:02:49 AM PDT by Canedawg
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To: SJackson

where in DC does Obama maintain a residence for the days he actually works in the Senate?


8 posted on 08/21/2008 11:04:09 AM PDT by EDINVA
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To: EagleUSA

I just hope this story has legs.


9 posted on 08/21/2008 11:04:21 AM PDT by rdl6989 (What isn't above Obama's pay grade?)
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To: SJackson
”When asked by a Politico reporter how many homes he had, McCain deflected the question to his staff because he was unsure how many condominiums Cindy currently owned.

Well at least McCain knows how many states are in the union unlike dip-$hit.

10 posted on 08/21/2008 11:05:55 AM PDT by ArchAngel1983 (Arch Angel- on guard)
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To: SJackson

What an awesome ad that would make


11 posted on 08/21/2008 11:07:02 AM PDT by MattinNJ (I would really, really love to depose Obama.)
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To: EagleUSA

His supporters will just deny that it’s true.

Same with the infanticide issue.


12 posted on 08/21/2008 11:07:21 AM PDT by MrB (You can't reason people out of a position that they didn't use reason to get into in the first place)
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To: SJackson
Shady House Deal Plagues Obama

Oh, go stand in line!

Questions of Patriotism Plagues Obama

Born Alive Vote Plagues Obama

Dropping poll numbers Plagues Obama

Skipping Troop Visit plagues Obama

Pastor Wright and Black Liberation Theology Plagues Obama

Questions around Birth Certificate Plagues Obama

Weather Underground connections Plagues Obama

Communist Endorsements Plagues Obama

Thinking there are 57 States Plagues Obama.....

13 posted on 08/21/2008 11:10:54 AM PDT by Always Right (Obama: more arrogant than Bill Clinton, more naive than Jimmy Carter, and more liberal than LBJ.)
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To: rdl6989

This is old news that network news will not touch.

Ths man is scandslous and the msn is not reporting the news.

He also admits to doing concain! He is an admitted felon and zip from the press.
I think they want this potential muslim in the white house.
I am as sick of the press as I am of Obama.


14 posted on 08/21/2008 11:12:09 AM PDT by Bigmouthbass
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To: SJackson
Obama told the press his decision to become involved with Rezko “a boneheaded move.”

I guess one could way that decision was above Hussein's pay grade.

15 posted on 08/21/2008 11:24:58 AM PDT by HIDEK6
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To: HIDEK6
Photobucket - Video and Image Hosting

Photobucket - Video and Image Hosting


16 posted on 08/21/2008 11:36:43 AM PDT by ncfool (“Making Obama look patriotic is above my pay grade.”)
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To: ncfool
And how many houses does J f'n "flip-flop" Kerry own ?

And Peloski....?

Feinswine..? And Al Bore....with a toxic lake out back and a rental with a blocked toilet in front.

17 posted on 08/21/2008 12:40:54 PM PDT by spokeshave (Hey GOP...NO money till border closed and criminal illegals deported and the drilling starts.)
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To: spokeshave

Yeah, I notice how many Demagogues said in 2004 that Jon Carry should not be elected b/c of all the homes that Ter-AY-za owns......

Hypocrisy, thy name is DEMAGOGUE scum.


18 posted on 08/21/2008 2:19:56 PM PDT by Enchante (Obama-cons: Trying to fool America, one media dupe at a time!)
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To: ncfool

B.O. has the use of the entire Rezko property not just the portion purchased. He does not have to pay the taxes on it just mow it and it is his.

Illinois politicians have a great penchent for being sent to jail. Almost all of them are Democrat. But no one here seems to care much. But a national party should be EXTREMELY wary of nominating any of these crooks to a national ticket. B.O. may well wind up in jail if he loses.


19 posted on 08/21/2008 9:50:38 PM PDT by arrogantsob
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To: oncebitten

What is the pay for “Community Activist” aka Communist troublemaker these days? And is it tax free?


20 posted on 08/21/2008 11:17:49 PM PDT by Linden1209
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