Posted on 07/01/2008 6:01:49 AM PDT by Fox_Mulder77
Sweetheart mortgage loans to Senators are much in the news of late, with calls for increased scrutiny of the solons' dealings with their mortgage lenders. In this spirit, I took a look at some of the publicly available information on Senator and Mrs. Obama's mortgage, obtained in 2005 when they purchased their mansion in Chicago's upscale Hyde Park district.
The Obamas purchased their home with the help of his friend Tony Rezko, recently convicted of a felony. His wife Rita purchased the adjoining lot, the former side yard of the mansion, to seal the deal. According to the mortgage documents which his campaign released, the Obamas obtained a $1.32 million mortgage from Northern Trust. The Politico recently asked Senators about their home mortgages in the wake of the revelations that Senators Chris Dodd (D-Conn) and Kent Conrad (D-ND) received special treatment from their lenders. In Obama's case, he stated that he did not receive any such favors.
(Excerpt) Read more at americanthinker.com ...
Obama: The Candidate of ‘Change Du Jour!’
Fat chance that you'll get any response. We can't get a response regarding his posted birth certificate which appears to be a clear fake.
The deal with Rezko stinks.
However, his mortgage looks fine. The author seems to not know that you can only deduct interest on the first million dollars in principal for a mortgage.
Nahdmi Auchi.
“That’s not the mortgage that I knew”
And not a patriot at all!
How'd the poor oppressed Obamas get away paying 300K under the asking.Nadhmi Auchi Iraqi-born billionaire lent Tony 3.5mill just before he paid full price for the package and gave Barry sucha deal.
Auchi was busted in 1959 with Saddam for conspiring to assassinate Qassim. He was a big in BNP Paribas which "took advantage" of the Oil-for-Food program. It is said (who knows these things) Auchi protected hidden funds for Saddam--and Gaddafi--
Who of course was the vacation destination of a couple of wild and crazy guys Louis Farrakhan and Jeremiah Wright in 1993.
But it's all coincidence and innuendo--stop the smears.
Can't we all just get along.
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