In all matters of opinion, our adversaries are insane.
Oscar Wilde

Obama: This Time I Really Mean It, I’m Cutting Ties With Rezko

By: Pam On: Jan/30/08 - 9 Comments

Pfft! Isn’t that what he said the last time he was caught?

But Rezko still has proven a political headache for Obama. The Syrian-born businessman helped raise money for Obama’s political campaigns beginning in 1995, when Obama was first running for the Illinois Senate.

At the time, Obama was working for a law firm that helped Rezko’s company rehab 15 of 30 buildings that Rezko’s company managed for low-income tenants using government funds. Of the 30 buildings, 11 were in the state Senate district Obama represented. Many of the 30 ended up in foreclosure, with tenants living in squalid conditions, the Sun-Times reported last year.

Obama’s relationship with Rezko grew closer in June 2005, when Rezko’s wife and Obama bought the adjoining real estate parcels from a doctor in the Kenwood neighborhood. Obama paid $1.65 million for the doctor’s mansion, while Rezko’s wife paid $625,000 for the vacant lot next door.

Six months later, Obama paid Rita Rezko $104,500 for one-sixth of the vacant lot, which he bought to expand his yard. In November 2006, Obama expressed regret about the transaction, calling it “boneheaded” and “a mistake” because Tony Rezko was widely known to be under federal investigation at the time.

Posted on: January 30, 2008 |

Posted in: Barack Obama, Democrats, Presidential Election '08

9 Responses to “Obama: This Time I Really Mean It, I’m Cutting Ties With Rezko”

  1. San Francisco Liberal
    January 30, 2008 - 12:40 PM on January 30th, 2008

    Boring.

    Nobody cares, Pam.

  2. BonBon
    January 30, 2008 - 01:19 PM on January 30th, 2008

    Are you saying this because he’s a liberal and your impression is that no one cares because of that? I think you are very wrong. People care a great deal.

    Corruption by government officials should end.

  3. Robert
    January 30, 2008 - 01:40 PM on January 30th, 2008

    It’s only the Republican “Culture of Corruption” the Democrites care about, BonBon!

    They are quite comfortable with their own brand…

  4. BonBon
    January 30, 2008 - 01:52 PM on January 30th, 2008

    ….and so it seems Robert. It’s a huge part of my frustration with liberals. They are close minded folks with high and mighty attitudes. As I keep reminding my liberal friends, the Republican party does not support corruption. We get rid of the people who engage in corrupt politics and so should they. Only then will there be any hope of coming to terms and making policy in a bi partisan fashion.

  5. Robert
    January 30, 2008 - 02:07 PM on January 30th, 2008

    They defend their corrupt leadership. Freezer Jefferson is still in office. Remember BJ Klinton? They closed ranks to protect and defend him.

  6. Pam
    January 30, 2008 - 03:35 PM on January 30th, 2008

    1- Boring or you just don’t want anything said that will shed a negative light on the Messiah?

  7. Robert
    January 30, 2008 - 04:36 PM on January 30th, 2008

    Hear no evil, see no evil…

  8. San Francisco Liberal
    January 30, 2008 - 04:54 PM on January 30th, 2008

    Boring because, for the tenth time, Obama has NOT been accused of any wrongdoing.

    Criminal charges? none.

    It’s not just because I’m an Obama fan, it’s because there isn’t anything substantial here other than “he shouldn’t associate with those kinds of people”.

    Hence: Yawn.

  9. Right Voices » Blog Archive » So Is The “Junkie” Obama For Or Against Decriminalizing Marijuana
    January 31, 2008 - 11:35 AM on January 31st, 2008

    [...] Obama: This Time I Really Mean It, I’m Cutting Ties With Rezko [...]

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