Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.
Benjamin Franklin

Obama, Rezko, Auchi, And Saddam…The Funding For That “boneheaded mistake”

By: Pam On: Feb/26/08 - 18 Comments

The “boneheaded mistake”, as Barack likes to refer to it, just took another turn. This is not something that the Clintons planted, this is what journalism is all about. The Times Of London has been doing some actual investigating, followed the money, and found a connection between Tony Rezko, Barack Obama, and Nadhmi Auchi. Auchi is one of the richest men in Britain, has a financial and personal connection to Saddam Hussein, not to mention the fact that he sent alot of money to Rezko just before that bone-headed mistake was made:

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 Britain’s 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.

This portion is key:

Mrs Rezko paid the asking price for the garden but the Obamas bought the house for $1.65 million, – $300,000 less than the asking price. The sellers deny they offered the Obamas a discount on the house because the garden had fetched full price from Mrs Rezko.

Captain Ed points out:

They took 15% less than the asking price? That’s a rather remarkable discount. And how exactly did the Rezkos afford to buy the adjacent plot? It cost $625,000, and they needed to make a $125,000 down payment on the land. Yet at the time, Tony Rezko had “no income, negative cash flow, no liquid assets, no unencumbered assets [and] is significantly in arrears on many of his obligations” — according to a sworn court statement a year later. His wife had an income of $37,000 and assets of around $35,000.

How could they qualify for a mortgage on the adjacent plot? Where did they get the money for the down payment? More importantly, why did Auchi lend so much money to Rezko, when Rezko had been in such financial straits? And why was Auchi so interested in Rezko in the first place?

Please take the time to read Nick Cohen’s piece on Auchi.

Don Surber:

While the New York Times tries to play gotcha over a couple of senatorial letters to the FCC from McCain, Obama is borrowing big bucks from a nefarious British-Iraqi billionaire.

There is more to this than a “boneheaded mistake” and it is time for Obama to start answering questions.

Linkfest Haven, the Blogger's Oasis

Trackposted to The Virtuous Republic, Rosemary’s Thoughts, WayWard Fundamentalist Christian, A Blog For All, Right Truth, DragonLady’s World, Cao’s Blog, Big Dog’s Weblog, Leaning Straight Up, Conservative Cat, Pursuing Holiness, Adeline and Hazel, Chuck’s Place, third world county, The Crazy Rants of Samantha Burns, The World According to Carl, Pirate’s Cove, Blue Star Chronicles, The Pink Flamingo, Celebrity Smack, Dumb Ox Daily News, , and The Yankee Sailor, thanks to Linkfest Haven Deluxe.

More blog reacts at memeorandum

Posted on: February 26, 2008 |

Posted in: Barack Obama, Democrats, Liberal Media, National News, Presidential Election '08

18 Responses to “Obama, Rezko, Auchi, And Saddam…The Funding For That “boneheaded mistake””

  1. Barack Obama » Obama, Rezko, Auchi, And Saddam:The Funding For That “boneheaded mistake”
    February 26, 2008 - 08:39 AM on February 26th, 2008

    [...] Right Voices wrote an interesting post today on Obama, Rezko, Auchi, And Saddam…The Funding For That “boneheaded mistake”Here’s a quick excerpt The “boneheaded mistake”, as Barack likes to refer to it, just took another turn. This is not something that the Clintons planted, this is what journalism is all about. The Times Of London has been doing some actual investigating, followed the money, and found a connection between Tony Rezko, Barack Obama, and Nadhmi Auchi. Auchi is one of the richest men in Britain, has a financial and personal connection to Saddam Hussein, not to mention the fact that he sent alot of money to Rezko just befor [...]

  2. Robert
    February 26, 2008 - 09:36 AM on February 26th, 2008

    It’s Change, people, Change!!! He offers CHANGE!!! =))

    Uh, yeah, sure…

  3. The Pink Flamingo
    February 26, 2008 - 10:01 AM on February 26th, 2008

    We Are Not Amused & Threats to Non-Supporters

    OBAMA & HIS LITTLE “CULT”I have several selections of problems dealing with Barack Obama.  Once again, the MSM is fawning over him, like that very funny SNL skit on Saturday.  They aren’t even complaining when his campaign treats th…

  4. Right Truth
    February 26, 2008 - 01:39 PM on February 26th, 2008

    Faithless America?

    Faithless America?, By R.J. Godlewski © February 26, 2008, All Rights Reserved I have to admit, this piece began life as a simple comment to a posting by Right Truth regarding the decline of Protestantism in America and, well, being

  5. Woman Honor Thyself
    February 26, 2008 - 05:17 PM on February 26th, 2008

    Sderot: 15 SecondS

    Boooooooyah!
    Betcha we could make a list of Hollywood “stars and starlets”that won’t be there eh?

  6. Adam's Blog
    February 26, 2008 - 06:25 PM on February 26th, 2008

    Giving Global Warming the Cold Shoulder

    Podcast Show Notes

    photo credit: bizzyb0t 
    Global warming gives way to the cold hard facts of a harsh winter and new research.
    Congressional Candidate Chris Hackett understands the real costs of earmarks. (Hat Tip: The Corner.)
    Meanwhile a special…

  7. Blue Star Chronicles
    February 26, 2008 - 07:47 PM on February 26th, 2008

    Military Defense Under Barack Obama in Under One M

    And people say that Barack Obama is never specific about what his plans are should he be elected President of the United States ::shudder::. He explains exactly what his plans are for our military defense systems in under one minute. He’s pretty spec…

  8. Blue Star Chronicles
    February 26, 2008 - 08:00 PM on February 26th, 2008

    From Inside the McCain Campaign

    I have actually enjoyed reading the McCain Blogette. McCain’s daughter, Meghan McCain, does a great job with the blog. This is her latest vlog. There’s an explanation for the jumping. I hope you’ll go by and check out her blog. It gives an interestin…

  9. 123beta
    February 26, 2008 - 10:53 PM on February 26th, 2008

    Firefox: Controll The Size Of Your Windows

    You can set the dom.disable_window_open_feature.resize preference to “true” to prevent popup window resizing from being disabled, so that you can resize popup windows that may open too small. How T…

  10. Planck's Constant
    February 26, 2008 - 11:04 PM on February 26th, 2008

    I could have been Leonardo DiCaprio

    Here I am at 19 (1964) – had I any acting talent and a great amount of luck I might have been a hollywood heart throb. My son went on myheritage.com and got this widget to amuse me.

  11. The Pink Flamingo
    February 26, 2008 - 11:20 PM on February 26th, 2008

    Geraldo v. Ingraham – Same Old Same Old

    GRANITE (Pig) HEADED CONSERVATIVESToday Geraldo appeared on Laura Ingraham to promote his new book.  As usual she was her annoying, hard-line anti-immigration self.Contrary to what Ingraham says about crime, the newest study finds immigrants in CA…

  12. All Your Celltowers are Belong to Us « Wolf Pangloss
    February 26, 2008 - 11:57 PM on February 26th, 2008

    [...] Pirate’s Cove, The Pink Flamingo, Celebrity Smack, Leaning Straight Up, Dumb Ox Daily News, Right Voices, and Gone Hollywood, thanks to Linkfest Haven [...]

  13. Must Read on the Global Counterinsurgency « Wolf Pangloss
    February 26, 2008 - 11:58 PM on February 26th, 2008

    [...] Pirate’s Cove, The Pink Flamingo, Celebrity Smack, Leaning Straight Up, Dumb Ox Daily News, Right Voices, and Gone Hollywood, thanks to Linkfest Haven [...]

  14. Leaning Straight Up
    February 27, 2008 - 04:39 AM on February 27th, 2008

    Mid Week Fun

    I’m worn out form a long work issue, so no profound pontifications tonight, just some light humour.

    No intentional theme, just whatever struck my fancy tonight.

    This reminds me of work:

    This one I like because watching the Democr…

  15.   WTW: United Nations Blames Evil Zionists For Terrorism — Pirate’s Cove
    February 27, 2008 - 07:33 AM on February 27th, 2008

    [...] Celebrity Smack, Leaning Straight Up, , Dumb Ox Daily News, Conservative Cat, Adeline and Hazel, Right Voices, The Yankee Sailor, and Gone Hollywood, thanks to Linkfest Haven Deluxe. Sphere: Related [...]

  16. Obama, Rezko, Auchi, And Saddam:The Funding For That “boneheaded …
    February 28, 2008 - 01:02 PM on February 28th, 2008

    [...] Original post by Pam [...]

  17. TRUTH
    March 12, 2008 - 11:25 AM on March 12th, 2008

    {This is NO rumor; it’s just not in mainstream media. You can google everything to see it’s true. This is not even half of it}

    BOOM!!

    Obama–>Rezko–>Auchi–>Saddam Hussein & Muammar al-Gaddafi

    -Obama got his money from Tony Rezko who got his 3.5 million from Nadhmi Auchi:

    -Rezko described his friendship with Auchi as “close”

    -Nadhmi Auchi is an Iraqi-born billionaire who was charged along with Saddam Hussein for conspiring to assassinate Prime minister (president) Abdul Karim Qasim and stood trial in 1959. (Auchi gave fellow Baath Party members machine guns from his home for Saddam Hussein.)

    -Auchi protected secret money for Saddam Hussein AND Muammar al-Gaddafi.

    (Remember, Obama’s Trinity church Pastor Wright went with Nation of Islam minister Louis Farrakhan in 1993 to visit Libyan socialist leader Gaddafi.)

    -Auchi also financially backed Saddam Hussein’s plan for a pipeline from Iraq to Saudi Arabia.

    -Rezko was also a business partner with Nation of Islam Founder’s son: Jabir Herbert Muhammad.

    Why isn’t the media talking about all of Barack Obama’s scary friends who have ties to the worst people in history?

    *Don’t forget William (Bill) Ayers and Bernadine Dorhn of the Weather Underground.

    *Obama’s cousin Raila Odinga who just became co-President of Kenya this week (after nearly 1,000 Christians were set on fire in churches and machete in the streets) whom Obama is said to be close to: http://news.bbc.co.uk/2/hi/africa/7176683.stm –calling Odinga a few times a day and even during the New Hampshire primary is a major problem.

    -Odinga signed a secret pact with Muslim jihadists who were to ethnically cleanse Christians in order to enforce Sharia law (Muslim law: ban booze, ban pork, Muslim dress for women, Islamic courts, etc). Portions of NAMLEF agreement is right on the internet. There is also an under the table pact that is worse.

    *Obama’s cousin Raila Odinga was educated in communist E. Germany, and his father, Oginga Odinga led the communist opposition during the Cold War.

    And why does Raila Odinga use Obama’s exact same campaign slogan: CHANGE….Vote for CHANGE: Look at his website:

    http://www.raila07.com/
    :-?:-?:-?:-?:-?

  18. TRUTH
    March 12, 2008 - 11:26 AM on March 12th, 2008

    {This is NO rumor; it’s just not in mainstream media. You can google everything to see it’s true. This is not even half of it}

    BOOM!!

    Obama–>Rezko–>Auchi–>Saddam Hussein & Muammar al-Gaddafi

    -Obama got his money from Tony Rezko who got his 3.5 million from Nadhmi Auchi:

    -Rezko described his friendship with Auchi as “close”

    -Nadhmi Auchi is an Iraqi-born billionaire who was charged along with Saddam Hussein for conspiring to assassinate Prime minister (president) Abdul Karim Qasim and stood trial in 1959. (Auchi gave fellow Baath Party members machine guns from his home for Saddam Hussein.)

    -Auchi protected secret money for Saddam Hussein AND Muammar al-Gaddafi.

    (Remember, Obama’s Trinity church Pastor Wright went with Nation of Islam minister Louis Farrakhan in 1993 to visit Libyan socialist leader Gaddafi.)

    -Auchi also financially backed Saddam Hussein’s plan for a pipeline from Iraq to Saudi Arabia.

    -Rezko was also a business partner with Nation of Islam Founder’s son: Jabir Herbert Muhammad.

    Why isn’t the media talking about all of Barack Obama’s scary friends who have ties to the worst people in history?

    *Don’t forget William (Bill) Ayers and Bernadine Dorhn of the Weather Underground.

    *Obama’s cousin Raila Odinga who just became co-President of Kenya this week (after nearly 1,000 Christians were set on fire in churches and machete in the streets) whom Obama is said to be close to: http://news.bbc.co.uk/2/hi/africa/7176683.stm –calling Odinga a few times a day and even during the New Hampshire primary is a major problem.

    -Odinga signed a secret pact with Muslim jihadists who were to ethnically cleanse Christians in order to enforce Sharia law (Muslim law: ban booze, ban pork, Muslim dress for women, Islamic courts, etc). Portions of NAMLEF agreement is right on the internet. There is also an under the table pact that is worse.

    *Obama’s cousin Raila Odinga was educated in communist E. Germany, and his father, Oginga Odinga led the communist opposition during the Cold War.

    And why does Raila Odinga use Obama’s exact same campaign slogan: CHANGE….Vote for CHANGE: Look at his website:

    http://www.raila07.com/

Leave a Reply

Right Voices uses Gravatar to display individual comment author icons. If you'd like your own icon next to your name, then go to Gravatar.com and sign up - it's easy!