This story is being put out today as if it were fresh, but … it’s not quite. Kenneth J. Conner is stating that the FBI questioned him regarding appraisals of the Obama – Rezko properties, there’s a new story in the Washington Times. There are a few things to consider here before you go over the top with this breaking story:
First, Conner is portrayed as a whistle-blower, but he also has a financial stake in this story with a multi-million dollar lawsuit in the works.
So this could be opportunistic timing that turns out to be nada, or maybe we will see some arrests or new indictments. Was there something fishy about the Obama land deal? My nose leads me to believe that something smells in the state of Illinois, but time will tell this tale.
Barack Obama is the second biggest recipient of Fannie Mae and Freddie Mac money during the last ten years, and he’s only been in Washington for four years… is this Change, or the same old corruption? Story at Little Green Footballs.
Recent stories have him raising 66 Million dollars in August — so just who else bought Barry? It’s time to follow the money.
With the questionable home deal with convicted Felon Tony Rezko, and the several years he spent working for “affordable housing” as a community organizer he can’t claim ignorance on what’s going on in financial markets today.
Many of these bad loans bundled together into bad investment vehicles are what’s causing the problems we see now. They came as a result of community outreach and community organizers who crafted programs with banks to lower loan approval hurdles to “disadvantaged borrowers.” Good fiscal practice is just that, so the banks who went overboard on these programs are the ones feeling the pinch now.
Also note that the former CEO of Fannie Mae, who engineered the community outreach defaulted loans debacle is now Barack Obama’s favorite housing advisor. Is this surreal, or just a big freaking coincidence? Did he warn about the earnings mistatement in 2006 because he knew of all the bad loans in system before he left, or because he made an educated guess? You decide.
Doug Ross has a report on the neighborhood that Barack Obama worked in as an “activist”. It’s a must see, here’s a teaser photo, please stop by to read the whole thing. If elected, would everywhere become like Obama’s ‘hood?