Bloggers Who Think Dig Into Obama Mortgage Loan Story
By SusanUnPC on July 2, 2008 at 6:02 PM in Barack Obama, Chicago Mansion, Chicago politics, Crown family, Emil Jones, Fat Cat Money, Illinois senate, Labor, Larry Johnson, Machinists Union, Maytag, Media Bias, Nadhmi Auchi, Northern Trust, Obamedia, Real Estate, Tony Rezko, Workers
Amid the chorus of “nothing to see here, move along” flock of bloggers writing ho-hum responses to today’s Washington Post story, there are a few who are thinking deeper:
- Our TexasDarlin pointed out the favorable treatment the Obamas received compared to the “neglected slums” of their impoverished neighbors in unimaginably horrific “public” housing that Obama helped privatize so that his rich longtime buddies — like Tony Rezko and Allison Davis — could scoop up tens of millions of dollars of taxpayers’ money while the properties were left in such disrepair that many became uninhabitable.
- LisaB addressed the mysterious payments of property taxes for the Obamas.
- Now, Flopping Aces resurrects the mystery of Iraqi billionaire Nadhmi Auchi who helped an in-debt Tony Rezko (in exchange for what?) around the time Rezko somehow managed to help the Obamas buy their mansion:
While there is no evidence that the bank in question had a program like Countrywide did, it sure does smell like political favoritism. Not as big of a deal as Johnson’s, Dodd’s, and Conrad’s, but you combine that with Tony Rezko’s involvement in the house deal when Rezko did not have the money to buy the property (at which point Iraqi financier Auchi comes in) and you get a fishy smell.
Ah. Nadhmi Auchi. Flopping Aces, a few months ago, reported:
Who is Auchi? He is an associate of Saddam’s who gave Rezko some big bucks and soon after receiving those big bucks Rezko helped Obama purchase a new home by buying the empty lot next to it at the same time. Auchi was convicted of fraud in France and was banned from entering the US in 2005. …
How in debt is Tony Rezko? During his federal trial, in March 2008, it was reported he is $50 million in debt. In fact, ABC News used this headline, which I cited in my story, “ABC News: Rezko $50 million in debt [Updated x3]“:
Rezko In Debt $50 Million; How Did He Afford Obama Lot?
Court Transcript Says Rezko Depends on Family Handouts of $7,500 a Month
In the same story, I wrote:
[F]rom the ABC News summary: Rezko “told the judge he had no current source of income, saying his last business deal involving a proposed power plant in Iraq had been cancelled.” That venture involved convicted Iraqi billionaire Nadhmi Auchi. See Larry Johnson’s story, “Will Rezko Blow Up Obama?“
Of course, the Rezko scandal hasn’t derailed Obama, so protected by the media. If the Clintons were similarly indebted to an indicted (and now convicted) slumlord who bilked taxpayers out of hundreds of millions of dollars, you’d hear the story ad nauseum.
Here’s more from my March story that owed much to ABC investigative reporter Brian Ross’s digging — including the laughable purchase of the adjacent lot by Mrs. Rezko, who had no financial means and obviously couldn’t rely on her heavily in-debt husband — which begs the QUESTION: Who supplied the money that enabled the Rezkos to make possible the purchase of the Obamas’ $1.6 million mansion?
Rezko’s bleak financial picture raises the question of how the Rezkos were able to buy a vacant lot adjoining the home of Sen. Barack Obama in 2005, at a time Rezko says he was already in deep debt.
Rezko also reveals in the testimony, before Judge Amy St. Eve on Jan. 16, 2007, that he already knew he was under federal investigation at the time of the land purchase and had hired a criminal defense attorney to deal with the “feds.”
Obama says he sought Rezko’s help because the house he wanted to buy in Chicago’s Hyde Park came with an adjoining lot the seller wanted to sell at the same time.
Unable to afford it himself, Obama says Mrs. Rezko bought it for $625,000, and then later sold a strip of the lot back to Obama so he would have a larger yard. Obama says he paid Mrs. Rezko a fair market price. …
Here’s a bit more from the ABC News story:
… Mrs. Rezko makes $37,500 a year.
[...]
According to the transcript, Mrs. Rezko sold the vacant lot a few weeks before the hearing, with all proceeds going to pay previous debts.
Asked how he was able to pay his lawyer, Joseph Duffy, Rezko said family and some unnamed “friends” were paying his legal bills.
Duffy told the judge, “Mr. Rezko has not provided us any money since his indictment.”
Rezko told the judge he had no current source of income, saying his last business deal involving a proposed power plant in Iraq had been cancelled.
He said he had an ongoing relationship with Nadhmi Auchi, a London-based Iraqi billionaire convicted on French fraud charges, who Rezko described as a close friend and business associate. …
Okay, you “professional” journalists — like Politico’s Ben Smith who calls the Washington Post story “padded” and is done with it:
– Tell me how the Rezkos got the money to enable the Obamas to buy the mansion they couldn’t afford.
– Tell me that Nadhmi Auchi’s money didn’t give the Rezkos the funds they needed to buy the vacant lot required for the Obamas to close the sale on the mansion.
– Tell me what Nadhmi Auchi got out of helping Tony Rezko. Billionaires don’t get that rich by helping desperate businessmen who are under federal indictment and facing long prison sentences.
– Tell me that major Obama campaign contributor Susan Crown, on the Board of Directors of Northern Trust mortgage company since 1997, didn’t make a phone call or two to make sure the Obamas got a favorable mortgage loan.
– Tell me why Barack Obama promised Maytag workers he’d fight for their jobs and took their hard-earned money for his campaign, then turned around and got a big donation from Maytag board member Lester Crown (as well as his family and friends), but never said a word to Crown about saving those workers’ jobs?
And, while we’re at it:
– Tell me why state senator puppetmaster Emil Jones put Barack Obama on the state senate pensions committee for three months, during which time that committee defeated an effort to consolidate state pensions? At the same time that Tony Rezko was fighting the consolidation because it would have defeated his schemes for dipping into individual minority-owned pension management companies.
Dear readers, if you want to know more about Nadhmi Auchi and Tony Rezko, click here. We’ve been on these stories since last year.
Again: If Nadhmi Auchi were involved with Hillary Clinton, every American would know his name and his sordid dealings with Saddam Hussein, his conviction in France, and his billionaire status.
But it’s rare that a journalist gets to write about stories like these, let alone get any prominent coverage of his or her story.
Oh, spare me. Obama got favorable loan terms because he’s a phenomenal credit risk — zero debt, substantial savings, huge dual income. Take those into account and his loan rate is typical. Grow up.
Did you read the article? The loan terms are only one aspect of this story.
sfhillary is correct in this case. Anyone with the Obama family’s situation would receive similar treatment. They sold their previous home for a profit, annual incomes in excess of 500k a year, long term employment prospects, a $2M book deal, no credit card debt, etc.
The only real issue is to ensure Congress looks into this type of discounting as a form of corruption.
This is a non-issue with regards to Obama. It’s a distraction from his real problems. His overall unelectibility and his repeat of the Kerry political strategy.
The loan issue aside, Tony Rezko is a problem for Obama. They first met when Obama was still in law school and their relationship continued until he was finally asked questions during his presidential campaign. He said he was “boneheaded” to get involved with the real estate deal and claimed he knew nothing about the federal investigation going on under his nose. Everyone else in Chicago seemed to know.
He claimed Rezko was an “acquaintance”, so why did Rezko accompany him in a walk through before his purchase. As Susan pointed out, the adjoining land was purchased by Rezko’s wife for over $600,000 with a small income and the same day, sold a ten foot parcel of the land to Michele Obama for over $100,000 (not her husband) and this was done under a trust arrangement so the records weren’t publicly
listed.
Then there is the fact Obama represented Rezko on a charge brought by the city of Chicago for housing violations. Some of the slum apartments he owned had no heat in the middle of winter. Obama also wrote a letter with the letterhead of the State Senate of ILL. recommending a state grant for Rezko for low income housing.
Rezko held fundraisers for Obama, and if you look at the list of donors for state senators, you will see Rezko’s name listed as a donor for Obama over and over again. From himself, his wife, his pizza restaurant and several other businesses owned by Rezko.
There are other instances involving other people where questions should be asked and haven’t been. Maybe I just have a suspicious nature, but he appears ethically challenged to me. He isn’t running for dog catcher. He wants the most powerful job in the world and he can’t continue to dismiss questions with responses like, silliness, distractions and Washington politics. His problem is not in running a campaign like Kerry and moveing to the center.
His campaign is trying to position him so that any question asked reflects attempts to smear or racism. If you want to believe he somehow was so niave he didn’t understand and was a bonehead, go right ahead, but you will find yourself in the minority when the convention is over.
from rezkowatch (where they have copies of the mortgage papers)
But keep in mind, that 2005 income was for the whole year but not yet in the bank in January, when the townhouse Sale Contract was drawn up. The Obamas did not sell their Hyde Park condo until May 2005; its sale was not a sure thing. They did not close on the townhouse until June 15, 2005.
As has been previously discussed, from whence came the $330,000 downpayment? From whence came the $165,000 earnest money seven days after the sellers accepted the Obamas’ offer?
Your ignorance of this means we don’t need to read your stuff. When you’ve caught up, come back.
$7/hr
how is that working out for ya??
There is alwaysmore to the story.
Obama announced yesterday that he wants to expand President Bush’s Faith Based Programs that steers social service tax dollars to religious groups .Obamas pastor and mentor for 20 years Wright believes things like the government-funded programs are a “”necessary compensation”" —for the legacy of white racism,— part of what’s necessary to heal the wounds inflicted over four centuries on blacks.” Trinity has received at least $15 million in grants from the federal government — in other words, taxpayer money. . Is he trying to take care of his own at the taxpayers expense? Read all the shocking truths at:
http://hillaryloyalistnowformccain.com/obamasideaformoreslummoney.aspx
Now, now, the bloggers at TL say there’s nothing going on with Obie and Rezko and his house deal, and don’t you think the Obama Kool-aid drinkers know best?
Snark
The MSM has announced that the Economy will be the biggest issue in the presidential race. Too bad the Dems pushed out the only candidate who could take the reins of the economy and totally turn it around. Ya think Obama knows anything about economics? Bwahaaahaaa!
Yah, he said today he’s going to have a Faith Based Initiative and Neighborhood Project office IN the WH and he’s going to create a new cabinet post for a Department of Faith–complete with a Minister of Faith!
Are they going to change the name of the White House to Hogwarts? His ministers are starting to sound like the Minsiters of magic
This is a jumbo loan. There is no such thing as a jumbo without risk. They charge higher rates because it is more risk for a bank as it is the equivalent of several loans going bad. Jumbo loans are not common. Are Sen and Mrs Obama a good risk? Probably. But no mortgage is risk free. Things can happen to anyone with a mortgage that will lead to foreclosure. Divorce, loss of income, legal bills, catastrophic illness can affect anyone. Even the wealthy go broke.
There are very specific rules for FDIC institutions to follow in loans. My question is were they met, and if not why? The taxpayers in an issue of a federally insured financial institution have the right to ask if loans met criteria set up to protect stockholders, depositors, and federal taxpayers who have to cover failed banks. This is why banks are supposed to be regulated.
What risk? He had $3 million in the bank in a trust. If he reneged on the loan, they had money right there they could take.
If he had so much money why did he need help from Resko?
Where did you get your information, believe? He has refused to release his tax returns for those years. His wife said a few months ago they had only recently paid off school loans for both. His salary for the state senate was $55,000 and if you believe his own words, he was financially strapped after his 2000 campaign. During that same time period, his wife’s income was around $75,000/yr. Michele was vague about the amount of the school loans, but if they secured loans for both and all three years, that would amount to more than $400,000. His book deal amounted to $4mil and if you subtract the school loans and the down payment on the house, it will be interesting when his tax records are released and that will have to be done after(and if) he is nominated. I am really curious about the source of your information.
Again let me explain. Wealthy people loose their wealth all of the time. Loose it in a divorce, lawsuit settlement and attorney fees, insanity, gambling, poor investments, fraud. Just because you have 3 mil today does not mean you have it tomorrow. This is why banks look at long term income, debt, credit history. And it required by law. Banks cannot make bad loans to pals, relatives, and cronies and expect stock holders, depositors, and taxpayers through FDIC to eat it.
This was a huge loan, to a person who did not have a lengthy history of large earnings, or borrowing large amounts of money for business or personal use. These types of purchases for multi million dollar homes are usually for cash. Was this loan on the up and up? We do not have a full picture of it so we do not know. If this is a publically held bank insured by federal taxpayers we have a right to ask questions.
Gee what happens when Obama goes to jail (and perhaps Mrs. Obama, as well)?
Oopps — the loan tanks — see there is risk in a loan this big to a Chicago politician involved in the Pay to Play of the Chicago political (crime) machine.
Funny! Obama hasn’t been named by any prosecutor as a person of interest.
Believe, do you feel comfortable with his name being frequently brought up in the trial of his close “acquaintance” and his name appearing on the prosecutors list of “officials” who had done business with Rezko?
I hope you will be comfortable waiting for the sentencing of Rezko and possible indictment of the governor.
his name was brought up ONCE during the trail. nothing more…end of subject.
http://www.zimbio.com/pilot?ZURL=%2FObamamania%2Farticles%2F346%2FRezkoWatch%2BHotList%2B03%2B15%2B08%2B03%2B16%2B08&URL=http%3A%2F%2Fblogs.suntimes.com%2Fsweet%2F2008%2F03%2Fsweet_the_rezkoobama_memo_read.html
http://blogs.abcnews.com/theblotter/2008/03/obamas-name-flo.html
http://www.swamppolitics.com/news/politics/blog/2008/04/obama_mentioned_at_rezko_trial.html
Well, Ellen. That’s three times and don’t count on it being end of subject.
Not specifically by name, but in code, he has been mentioned.
“The Candidate”
“We’re not going to stop momentum or take a siesta for political reasons,” Fitzgerald said. “We’re not concerned with elections. We’re concerned with bringing the cases as soon as they’re ready to go.”
Can I frame that?
sfhillary, Please tell us how you know all of this?Are you the personal accountant for the Obama’s. Oh and did you do the credit check.?
Erm, the story isn’t about his interest rate. It’s about the mysterious source of Mr. Rezko’s cash and how that cash found it’s way to buying a vacant lot next to Obama’s newly purchased mansion in 2005. Learn the name Nadhmi Auchi and, just like ‘Deep Throat’ told Woodward (before he was a hack) “follow the money”.
well said, grasshopper
One follows the money in this and whammo!
“Bloggers Who Think” being an oxymoron if anyone is referring to pro Obama bloggers.
Perhaps while they’re digging they can come with just how did he and Michelle put a 6 figure downpayment on the condo? Wasn’t the advance from his book it was only 40K and had to be given back.
Huh? He made millions on his books.
http://www.nytimes.com/2008/05/18/us/politics/18memoirs.html?hp
He made that money on the books after they were in their Iraqi financed mansion.
“Just as he was eager to promote his first book to Ms. Hartman, he has made the most of his second. When his keynote address at the 2004 Democratic National Convention sent his memoir soaring out of obscurity and straight onto the best-seller list, he untethered himself from his longtime literary agent in favor of Robert B. Barnett, the Washington lawyer who had gotten Senator Hillary Rodham Clinton an $8 million book advance and then landed Mr. Obama a $1.9 million, three-book deal.”
O don’t know how book deals work, but IF he got the 1.9 million dollars for a 3 book deal, would he get all that money BEFORE all the books were written?
As a part-time Illinois state senator, Barack Obama was being paid $8,000/month by Robert Blackwell, owner of EKI Consulting, for unspecified legal work, in exchange for which money Mr. Obama wrote a letter on state senate stationery recommending the state should fund Killerspin, a Blackwell company, to put on a table tennis tournament, withholding from his endorsement the material fact of the financial relationship between him and Blackwell. (The next day, Blackwell donated $1,000 to the senator’s campaign.)
http://www.latimes.com/news/nationworld/nation/la-na-killerspin27apr27,0,6789688.story
P.U.M.A.
From the article above
“By the time Mr. Obama landed at Times Books, he had a partial manuscript. He required minimal editing, said Henry Ferris, his editor, who is now a vice president and executive editor at William Morrow. He simply needed guidance in paring and shaping the sections already written and keeping the rest from becoming too long. The writing, Mr. Ferris said, “is very much his own.”
The two worked mostly by telephone and by manuscripts sent by Federal Express between New York and Chicago. Mr. Obama, an inveterate journal writer who had published poems in a college literary magazine but had never attempted a book, struggled to finish. His half-sister, Maya Soetoro-Ng, said he eventually retreated to Bali for several months with his wife, Michelle, “to find a peaceful sanctuary where there were no phones.”
OK where did the Obama’s get the money before he wrote his first book, for both of them to take off from their jobs for a couple months to go to Bali to write his book?
I thought they were just making ends meet with student loans and all.
Mr Ferris said “is very much his own”
If I were Mr/Ferris I’d say that too - since the book is filled with lies.
The condo was a Rezko property…ask him how BO got that condo….
I’d really like to know who his “friends and family” are who are paying his legal fees. Gee, ya think it’s anything like the Scooter Libby Defense Fund???
its none of your business.
So says Ellen. Meow!
No it’s not. The typical nrate would be higher than average beecuase the loan amount is higher than 650k. It means a 6.25% at best. That’s with 40%-50% down payment, with 740 Fico or higher and no bad debt. It’s also that 30% of your income towards paying the loan. So go B.S. someone who are dumb enough to be fool by you. I can see that you are blind to any truth that may be related to Obama.
Andy obviously missed the memo that you all were supposed to *support* the Washington Post Article because he said;
No it’s not. The typical nrate would be higher than average beecuase the loan amount is higher than 650k. It means a 6.25% at best. That’s with 40%-50% down payment, with 740 Fico or higher and no bad debt. It’s also that 30% of your income towards paying the loan. So go B.S. someone who are dumb enough to be fool by you. I can see that you are blind to any truth that may be related to Obama.
Anything over 650k is not a jumbo loan. It’s a super jumbo loan. I shouild know. I got one in 2005. Super jumbo is .5% higher than average jumbo. when’s the last time you got a loan over that amount? The artical don’t mean jack to me. My fico was over 740 and down payment was over 800k and i had to pay 6.25%. Now tell me how typical is 5.625% on a 1.32 million loan. There is no way you can get that loan in 2005. 2003 maybe, but not 2005. So stop your B.S., “informed voter”(not).
Oh, because all lone rates are national right?
Little secret, depending on how much you held or committed to hold in a brokerage house, rates could go lower, much lower than the numbers being quoted here.
I know.
And there are things called internal rates, reserved for special no/super low risk clients.
But I’m sure you knew all that.
Informed by experience, just because you could not find a better deal, don’t assume they don’t exist for the rest of us.
Yes I am Obama’s typical supporter..you figure it out.
Obama had never done business with this company before getting the loan, he was a new customer.
Bill; I bet my daddy has more money than your daddy. And I’m a Hillary supporter. Go figure. Your posts are like Obama’s speeches. No substance, all arrogance.
Are you telling me that loan of 1.32m have the same rate as loan of 320k? are you telling me that all 8 loans I have ranging from 300k-1.5m are back rates. I must be stupid since I don’t support Obama. When’s that last time a first time borrower gets the internal rate? If that wasn’t specail deal, I don’t know waht is. You just said it yourself, internal rate, not market rate. Don’t B.S. me. Are you telling me that ordinary people get internal rate? I don’t buy that average rate bs, but loan in that amount pay higher rate period. Whay would he borrow such a high amount if he had all those money. Why can he buy the whole thing instead of help from a crook? tell me.
Nope. Rates vary based on lots of circumstances and this was not out of line.
The whole story reads like the journalist doesn’t even understand what an AVERAGE is — that some numbers are always above and others below. It’s scary how little these folks know about basic math and statistics.
I guess Bankrate.com and HSA disagree with
“Stephens reported that the Obamas received an interest rate of “5.625 percent on the 30-year fixed-rate mortgage.” Stephens later reported that Obama “secured his final mortgage commitment on June 8, 2005, and during that week, rates on similar loans for which information is available averaged 5.93 percent, according to HSH Associates, which surveys lenders. Another survey firm, Bankrate.com, placed the average at 6 percent.” The article continued: ” ‘It’s certainly safe to say that this borrower did better than average,’ said Keith Gumbinger, an HSH vice president, noting that consumer rates vary widely. ‘It’s a good deal.’ “
But wait …what if the average was 5.95% does that mean some loans were above and some below that number, why yes!
Indeed, the very concept of an “average” rate means that a substantial number of loans would have been at interest rates below the average level, as well as a substantial number above that level, and does not suggest that rates below average — if in fact the Obamas received a below-average rate — resulted from preferential treatment.
Linky thing a ma jig…
http://mediamatters.org/items/200807020003
For the last time today…
It doesn’t matter what the rate was.
What matters is that there were extraordinary circumstances tying two separately purchased, previously non-existent parcels. One’s sale was dependent on the other thus requiring that each property encumber the other. This means if one deal busts, the other deal goes into jeopardy along with it because neither the buyer or the bank guaranteeing him his money, can get the property back to recover losses.
My understanding is that the sales agreement for Obama’s property doesn’t include any of these additional dictums.
Bottom line:
It is a crime to falsify the information on a loan application. All additional info MUST be revealed. Buyer(s) and seller MUST be equally informed regarding the deal. (this is why the seller may be complicit too)
If Obama got any kind of sweetheart deal, and with all the extra whereto’s and whatfore’s in this thing, he had to… then it pretty much has to be fraud.
Was his rate fixed he could took at 5 year ARM? which he rate would have been lower
Ever wonder why the MSM never get the latest dirt story out? Check the names of his contacts.
http://www.akpmedia.com/ourHistory/index.html
Who’s next under the bus?
1. Rep. Alice Palmer, 12/18/95
2. Bill Clinton, 6/15/07
3. New Hampshire Voters, 1/10/08
4. Hillary Rodham Clinton, 1/12/08
5. Black superdelegates, 2/15/08
6. Louis Farrakhan, 2/26/08
7. Austan Goolsbee, 3/3/08
8. Samantha Power, 3/8/08
9. Geraldine Ferraro, 3/11/08
10. His grandmother, 3/18/08
11. Michigan voters , 3/19/08
12. Typical white persons, 3/20/08
13. Asian supporters, 4/7/08
14. Clingy, bitter Pennsylvanians , 4/11/08
15. Rev. Wright , 4/29/08
16. West Virginia voters , 5/9/08
17. Kentucky voters , 5/16/08
18. Father Pfleger , 5/29/08
19. Democracy , 5/31/08
20. His church , 6/1/08
21. Roy LaVerne Brooks, 6/3/08 22. Tony Rezko , 6/3/08
23. Bill Ayers , 6/9/2008
24. Jim Johnson , 6/11/08
25. Black fathers, 6/13/08
26. Muslim women, 6/18/08
27. Campaign-finance reform, 6/19/08
28. Liberal blogosphere, 6/25/08
19. Michael Klonsky, 6/26/08
30. Gun control, 6/28/08
31. Gen. Wes Clark, 6/30/08
32. MoveOn.org, 6/30/08
33. Welfare recipients, 7/1/08
http://therealbarackobama.wordpress.com/
The best I’ve read yet.
barky only had to put up $1000 dollars in earnest money with the contract.
We had to put up on the first crack house we bought worth 150k, not a 1.6 mil mansion.
put up $1000 on the first
I was just reading this and coming here to post if no one else did
“What does stand out as particularly irregular is the stated amount of the “Initial earnest money” (line 18); the handwritten amount is $1,000 “in the form of a personal check.” Not being sure how many readers would be aware, RBO asked the realtor if this would be considered an adequate amount due to the fact that the asking price on the townhouse was $1.9 million. The answer was a resounding “no”. Earnest money amounting to 1% would be $19,000. Do the math: $1,000 is 1/19th of 1%. Speaking of sweet deals”
Please check out the mortgage documents at this link, lots of interesting info (this is on the condo)
ignore my comment above about this being the condo, the link is for the mortgage in 2005 and check out the sellers sigs on the 2 papers http://therealbarackobama.wordpress.com/
Way to go Susan UnPC! I thought I knew “all” the details from my sleuthing for many months, but these are new to me:
1. E. Jones put bHo on the State Pension Committee for 3 months, just long enough to do Rezko’s bidding. Defeat an effort to consolidate state pensions so Tony boy could continue to use the minority pension funds for his various nefarious schemes. I would love to know the source for this one.
2. Susan Crown, a bHo major contributor and whose family owned Maytag, was on the board of bHo’s mortgage company that gave him a deal on The Mansion.
It is efforts like yours, Larry’, and others at noquarterusa that will finally tip over the slime bucket. Also your readers should go to SavagePolitics for a further insight into CNN - the Communist News Agency.
Just want to second this comment. The work being done here at No Quarter is absolutely crucial for our democracy.
I can’t believe CNN went bonkers on SavagePolitics. What a bunch of jokes the CNN Posse are.
CNN - Can’t Net Nielsens.
Oh, Savage Politics, a site so slimy that John McCain won’t advertise on it. But you think it’s great!
Slimy? If you call the TRUTH slimy, then I guess it is. Damn hopium daze. Makes everything look slimy when it mconcerns Obmabamadingdong!
And don’t forget, he made his bed before he got to the US Senate.
As covered in Harper’s Barack Obama Inc,aka, The Birth of a Washington Machine,
http://harpers.org/archive/2006/11/0081275
Clearly noted how the new financial backers brought to his US Senate Campaign, from former Clinton money backer in Chicago 2003/2004, they were pleased with his votes from the beginning. He already advsd them where he would stand, they knew he was going to vote against the Bankruptcy Bill, but the ever more important piece that was separated, the Interest Caps, he voted against. And they noted his repayment with glee.
I’m sure everyone remembers that one. I was thrilled when Hillary brought it up in the debates. That Obama talks (as usual) empty rhetoric, but when it comes time for committment and work, he doesn’t follow through. I bet he’s a lousy lover. Anyhooo, back on track. While he’s getting lower rates than offered to the public, he’s passing laws saying the Financial industry should NOT be restricted on how much they can charge debtors. And again, ringing hollow, pledges of predatory lending and college loans. Yet he walked away from protecting them when the Bill came up in the Senate to not allow charging more than 30 percent. And you wonder how college kids were paying 32 percent, huh?
Yawn. Nobody in the Main Stream Media cares.
Only way they do a news story on anything negative about Obama is if they are forced to and they will apologize while doing it.
Welcome to the United States of Propoganda.
Media Matters cares!!
http://mediamatters.org/items/200807020003?f=h_latest
Bill, if you want to use Media Matters and, by extension, David Brock to boost your arguments, you have lack of reguard for the truth. His nasty attacks on the Clinton’s and Anita Hill before his conversion from conservative to liberal and coming out prove his lies about others and himself.
ot but did you notice MM didn’t do one little article about KO all the months he was ranting and raving calling Hillary David Duke ect?
hmmm I think they might be biased
Well, If he backed out on my house I don’t think I would keep the earnest money he has too many “friends” in Chicago.
Obamaba:You might become our next President, Leader and Commander-in-Chief, but we
the people know precious little about who you are, your ability to
withstand pressure, your philosophy, sympathies and preferences, your
experience and your judgment. During your recent campaigning we hear from
you many wonderful words like unification of America, no more blue or red
states, help to humanity, care for those that need care, and I applaud
those words. If your words are supported by your past actions, then you
might be the man for the job. If your words contradict or are unsupported
by what you did before the Presidential race, then you are not what you
say you are, right? In order to find that out I attempted to examine whom
you hang out with, what words you and your friends were saying in private
and in public and how all that can affect our lives…I cant imagine being
a Jew and voting Obama.
First, I decided to look who is endorsing you (according to the
information that can be found on Internet), who likes where you stand on
issues. I found among others a scaring host of anti-Semitic and
anti-Israeli people and organizations:
- Louis Farrakhan (Nation of Islam Leader, racist, anti-Semite)
- Al Aqsa Martyrs Brigades (Islamic Terror Organization)
- Raila Odinga (Fundamental Islamic Candidate, Kenya, some say he is your
cousin)
- Daniel Ortega (Marxist Sandinista Leader, Nicaragua)
- Raul Castro (Hard-line Communist Leader, Cuba)
- Socialist Party USA (Marxist Political Party)
- The New Black Panther Party (Black Militant Organization)
- Hamas Terrorist Organization (Islamic Terrorist Organization).
Thank you caligirl. He is the most dangerous man in America,
First you have to start out with character. The man was disgusted by the people that raised him.
That alone should show you the man is not to be trusted. Can you imagine if the man could screw someone that spent that much time and money on them and get screwed, what he would do to you??
He didn’t say he was disgusted. He was talking, in a more sophisticated and complex way than some can grasp, about how the grandmother who loves him dearly also had tension around black men. Some of us recognize that the world is not such a simple place.
Believe, if your weren’t so disgusting in your condescension, I wouldn’t feel compelled to correct you so often. His speeches are not nuanced or sophisticated, they are plagiarized. Pick a speech, any speech, before he hired Ted Sorenson and I can show you important and repeated phrases taken from the speeches of Deval Patrick, Malcolm X, Louis Farrakhan, Rev. Wright, JFK or MLK.
You may take what you want away from his comment about the woman who raised him being, “a typical white woman” and throwing out there a statement about her fear of Black men and his purpose? Who knows? It was an intentional and unnecessary addition to his speech which pointed to his self pity and his propensity to blame anyone and everyone for whatever slights he suffered in his life.
If I recall, he began the statement with a disclaimer, she was good to me and she loved me, but…. And BTW, what is exactly a “typical white woman?” Or for that matter a typical white man, black woman, black man, doctor, lawyer, Indian chief?
There are multiple studies that tell you what an average white person thinks. Just look them up. Google is your friend.
However, I don’t like the concept much because it conflates a lot of differences within the category.
Studies that tell you what a ‘typical white person’ thinks? About what? The meaning of life? Their place in the universe? Alternative energy? Same sex marriage? Tattoos?
Are there further studies on what a ‘typical black person’ thinks? How about the ‘typical Asian’? Or would THAT be racist?
I liked the Average White Band too! They had a great funk groove that I… uh, what? Average white MAN…Ohhhh…..
“Never Mind”
Emily Littlea
LOL. I loved Gilda Radner.
Actually, she did not say she was frigtened of black men…she said she was frightened of a black man (singular, specific).
Believe, I’m shocked, shocked that you have not been studying your copy ‘Dreams of My Father’, for if you had you would know that Madelyn Dunham (typical white grandmother) had been harassed by a panhandler at her bus stop and asked her husband (white Communist grandfather) to drive her to work to avoid him. Commie grandfather harangued Madelyn until she broke down and admitted that the panhandler was indeed black. Cue Barack’s (typical teenage drama queen) breakdown.
Yep, that’s what the ‘major speech on race in America’ (TM) was about. His grandma just didn’t want to get harassed and possibly mugged by an INDIVIDUAL (not a race). I don’t know if Commie Gramps gave her a lift of not…I can’t really bring myself to read it again…he’s an awful writer.
I tried it with Maalox… didn’t help
I should be so lucky to be called a racist by my own grandson!
$7/hr
how is that working out for ya??
LMAO. Well stated.