Have the Washington Post and the Boston Globe become part of the new vast right wing conspiracy and attack machine?!?
Say it ain't so, Barry and Michelle and Post and Globe!!! (with deepest apologies to Joseph Jefferson “Shoeless Joe” Jackson (3rd highest ML batting av.), the Chicago White Sox, and Major League Baseball)
Some trust in chariots, and some in horses: but we will remember the name of the LORD our God. - Psalms 20:7 KJV
From a Investor's Business Daily article, Obama Pro Quo:
Obama Pro Quo [/] By INVESTOR'S BUSINESS DAILY | Posted Wednesday, July 02, 2008 4:20 PM PTCorruption: Yet another Democrat's sweetheart mortgage deal is exposed — and this time it's the party's standard bearer.
What could Sen. Barack Obama do for a lender in exchange for more than $100,000? Plenty.
Obama, presumptive Democratic presidential nominee from Illinois and self-styled man of the people, lives in a mansion described by the Washington Post as featuring "six bedrooms, four fireplaces, a four-car garage and 5 1/2 baths, including a double steam shower and a marble powder room . . . a wine cellar, a music room, a library, a solarium, beveled glass doors and a granite-floored kitchen."
Eyebrows are already raised by the Obamas' purchase of the palatial abode in 2005 for $300,000 under its asking price of $1.95 million. The day that purchase closed, the since-convicted Chicago fraudster and early Obama fundraiser Tony Rezko bought an adjoining lot from the same seller for the full asking price of $625,000, which Obama admitted to the Chicago Sun-Times he then bought from Rezko for "above the appraised value" — "a mistake," he said, giving the impression "that he had done me a favor."
The Boston Globe reported last week that Rezko used federal subsidies Obama supported in the U.S. Senate to rehabilitate more than 1,000 apartments in and near Obama's old state senate district. Rezko then neglected the homes "to the point where many no longer were habitable."
Now the Washington Post reveals the Obamas got a sweetheart deal on their "super super jumbo" $1.32 million mortgage from Chicago's Northern Trust, saving more than $300 a month — about $110,000 over the life of the loan. Add the $71,000 Northern Trust employees have given Obama's campaign and it makes you wonder about quid pro quos.
Sen. Christopher Dodd, D-Conn., by comparison, championed Congress' $400 billion subprime bailout plan after his sweetheart loan from Countrywide. Senate Budget Committee Chairman Kent Conrad, D-N.D., who also chairs a subcommittee that oversees taxation and IRS oversight, had to donate $10,700 in loan savings from Countrywide when his deal came to light. Obama's veep vetter James Johnson quit after his Countrywide arrangement became known.
If Obama is animated by high ideals for the future, why are we finding so many lowdown deals in his past? [My ellipses and emphasis]
Jim :) Smiling aka Brother Jonathan aka Toto Of Kansas
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