Tuesday, February 19, 2008

Latest Obama-Rezko property deal explanation falls flat, again

The followers of the Cult of Change are celebrating the latest Bloomberg.com article that supposedly explains everthing about the Obama-Rezko real estate deals that continue to dog the presidential aspirations of Barack Obama.

After more than a year of silence, the sellers of the Kenwood mansion and the adjoining "Rezko lot" on the southern end have spoken publicly about their end of the deal--sort of.

Obama spokesman Bill Burton says the campaign contacted the sellers, Fredric Wondisford and Sally Radovick. A campaign advisor spoke with Wondisford on the telephone, and in an e-mail exchange supplied to Bloomberg.com, affirms the claim by Obama that the sellers didn't give the senator, or Rezko, a special price.

Case closed, right?

Wrong.

I wasn't aware that there were allegations that Obama got a sweetheart deal for the mansion.

Neither Wondisford Radovick didn't speak to Bloomberg.com directly, so there was no opportunity for follow up questions, such as, "Was the possibility ever discussed by you, Rezko, or the Obamas that they'd later reunite the house with the Rezko lot?"

"Why did you offer the lot separately from the house? When?"

Fair questions. A reporter needs to dig.

It is still my firm belief that the goal of the Obamas was to slowly buy back the Rezko lot bit by bit. I call that a loan. Remember, six months after the Obamas purchased the mansion, the bought a 10 foot strip of the lot.

If that's true, it's perfectly legal. But Obama chose to do business with a man that he had to have known was under federal investigation at the time. Great judgement, Barack. Of course Obama claimed until very recently that he had no idea the feds were looking into Rezko's affairs. He must not read Chicago newspapers.

Obama said this not even a month ago on Good Morning America:

Nobody had any indications that [Rezko] was engaging in wrongdoing....

One clarification that needs to be made. Tony Rezko's wife Rita, not Rezko himself, was the owner of the Rezko lot. Why? Was she some sort of smokescreen? If so, she wasn't a very effective one.

Related posts:

Why Rezko is an issue for Obama
Obama's Cult of Change doesn't include transparency
More Rezko drippings
President Obama, January, 2009: Who will he appoint as US Attorney for the Northern District of Illinois?
Obama returns some more Rezko-tied funds
Obama once again donates Rezko linked funds to charity
Ill. corruption watch: Obama donates Rezko associate's contribution to charity
Obama donates more Rezko tainted donations to charity
Obama gives up donation from man with Rezko ties
Obama ditching more Rezko linked cash, but what about Hillary and IPA?
Rezko cash three times what Obama claims
The real story of an Obama Chicago fundraising event
Obama: Answer Rezko questions now--yourself: UPDATED
Obama can't shake Tony Rezko
Obama vows to clean up Washington as president
"Consigliere" Rezko still shadowing Obama
Feds hit Tony Rezko with six more charges

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3 comments:

JD Rhoades said...

It is still my firm belief that the goal of the Obamas was to slowly buy back the Rezko lot bit by bit.

And we don't need any stinking evidence! Evidence is for LIBS!

See "Straws, grasping at."

Marathon Pundit said...

Instead of schlepping Burton out, why doesn't the Cult of Change answer these questions himself.

Anonymous said...

There was no second lot. It was one lot in an upscale residential neighborhood. You can find pictures of property on internet. Rezko (his wife) bought a piece of Obama's yard at above market price allowing Obama to buy the actual home at below market value. Obama then purchased Rezko slice for a song.

This isn't complicated.