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Rezko Trial Winds Down With Impact Uncertain
The public corruption trial of businessman and political fundraiser Tony Rezko is expected to end today with closing arguments entered by both sides in Federal District court in Chicago. Rezko stands accused of engaging in kickback schemes involving two powerful Illinois state boards totaling $7 million. Rezko raised funds for a number of prominent Illinois officials, including Sen. Barack Obama, and the outcome of the trial could have an impact on the presidential race. While Obama is not accused of any wrongdoing, a Rezko conviction would be a major embarrassment to his campaign.The timing of the trial could not have been worse for Obama, whose relationship to Rezko remains in question. Rezko assisted Obama with the purchase of his suburban Chicago home and was a prominent financial backer of the former community organizer's various political campaigns. In 2005, while Rezko was known to be under Federal investigation, Obama entered into a complicated financial transaction involving Rezko to purchase his $1.6 million home while Rezko's wife purchased the adjacent lot, which the home's owner agreed to split off from the property, for $625,000. The Obamas paid $300,000 less than the asking price for the house. Later, Rezko sold a portion of the adjacent lot to the Obamas for $105,000, rendering Rezko's parcel practically unusable. After first stonewalling on questions about the deal, Obama has since admitted that his involvement with Rezko in the transaction lacked judgment, calling it, "a bone-headed mistake."
Federal prosecutors said in their closing argument yesterday that Rezko used the state Health Facilities Planning Board and the state pensions board to extort monies out of companies wishing to gain state contracts. At least three of the members of the Health Facilities Planning Board, including the chairman, made contributions to Rezko before being appointed. Rezko's alleged partner in the scheme, Stuart Levine, testified at the trial that he and Rezko planned to split a $1.5 million kickback paid by a company that wanted to build a hospital in Crystal Lake, Illinois. Prosecutors said that Rezko wan an intimate part of a "corrupt ring of individuals." "He joined the corrupt scheme, he acted in furtherance of it and he did it for money," U.S. Attorney Reid Schar said.
Rezko's lawyers dismissed the allegations from Levine, pointing to his admittedly long history of illegal drug use. "He said he is a felon, he admitted he is a liar many times over, he said he is a thief, and I don't know if he said he was a drug addict, but he was a drug abuser," defense attorney Joseph Duffy said.
However the verdict comes down, the renewed focus on the Obama-Rezko relationship could be bad for Obama's campaign. Fresh off his victory in North Carolina and a closer-than-expected loss in Indiana last week, Obama is making the case that the Democratic nomination contest is essentially over. But his rival, Sen. Hillary Clinton, is not yet backing down, and is stressing that she is the more electable candidate for the general election. A Rezko conviction will invite a reexamination of the relationship, tenuous as it may be, between him and Obama. That is surely not the kind of general election campaign kick-off that the Obama campaign envisioned.
Recent Comments
(Page 3 of 5)NO HILLARY11:32AMMay 13th 2008
Same as Hillary's Peter Paul connection, Paul who raised over $1.5 million for her 2000 Senatorial campaign, who she's videoed laughing and joking with at a private dinner, who she's videotaped CALLING on the phone to thank in a rather long conversation.
Then totally denies ever knowing? Hmmm I have to use the word 'Liar'........
goldbraid11:38AMMay 13th 2008
HILLARY MUST NOT accept the VP slot. If she is on the ticket as VP, they are only trying to use her. If she is a VP they will use her to do the work and they will take the credit. If she is a VP she can not run again in 2012.
NO VP THANK YOU.
HILLARY MUST STAY with her constituents, or run as an INDEPENDENT.
Hillary can win the election with no-Obama. We vote Hillary all the way to the white house.
tom11:52AMMay 13th 2008
Interesting how "Obama paid $300,000 less than the asking price" is taken out of context as if somehow he had managed to cheat the owner. What actually happened was that Obama submitted a bid that was $300,000 less than the asking price, a very common and legal activity, and the owner accepted.
tom11:54AMMay 13th 2008
In the interest of honesty and fairness, here is the Clinton record --What I find amazing is that hardly any of this made it into the MSM
T H E P R O G R E S S I V E R E V I E W
The Clinton Legacy
The Progressive Review
This list was compiled at the end of the Clinton administration. It was last partially updated in 2000. A few other emendations are list as footnotes.
Our Clinton Scandal Index
The Clintons, to adapt a line from Dr. Johnson, were not only corrupt, they were the cause of corruption in others. Yet seldom in America have so many come to excuse so much mendacity and malfeasance as during the Clinton years. Here are some of the facts that have been buried.
RECORDS SET
- The only president ever impeached on grounds of personal malfeasance
- Most number of convictions and guilty pleas by friends and associates*
- Most number of cabinet officials to come under criminal investigation
- Most number of witnesses to flee country or refuse to testify
- Most number of witnesses to die suddenly
- First president sued for sexual harassment.
- Second president accused of rape**
- First first lady to come under criminal investigation
- Largest criminal plea agreement in an illegal campaign contribution case
- First president to establish a legal defense fund.
- First president to be held in contempt of court
- Greatest amount of illegal campaign contributions
- Greatest amount of illegal campaign contributions from abroad
- First president disbarred from the US Supreme Court and a state court
* According to our best information, 40 government officials were indicted or convicted in the wake of Watergate. A reader computes that there was a total of 31 Reagan era convictions, including 14 because of Iran-Contra and 16 in the Department of Housing & Urban Development scandal. 47 individuals and businesses associated with the Clinton machine were convicted of or pleaded guilty to crimes with 33 of these occurring during the Clinton administration itself. There were in addition 61 indictments or misdemeanor charges. 14 persons were imprisoned. A key difference between the Clinton story and earlier ones was the number of criminals with whom he was associated before entering the White House.
Using a far looser standard that included resignations, David R. Simon and D. Stanley Eitzen in Elite Deviance, say that 138 appointees of the Reagan administration either resigned under an ethical cloud or were criminally indicted. Curiously Haynes Johnson uses the same figure but with a different standard in "Sleep-Walking Through History: America in the Reagan Years: "By the end of his term, 138 administration officials had been convicted, had been indicted, or had been the subject of official investigations for official misconduct and/or criminal violations. In terms of number of officials involved, the record of his administration was the worst ever."
**Selene Walter accused Ronald Reagan of rape 39 years after the alleged assault in the 1950s. No further information is available on this case. The Juanita Broaddrick case involving Bill Clinton was investigated by the congressional impeachment counsel. According to counsel David Shippers those conducting the interview "have assured me that she is the most credible witness that either one of them have ever talked to"
STARR-RAY INVESTIGATION
- Number of Starr-Ray investigation convictions or guilty pleas (including one governor, one associate attorney general and two Clinton business partners): 14
- Number of Clinton Cabinet members who came under criminal investigation: 5
- Number of Reagan cabinet members who came under criminal investigation: 4
- Number of top officials jailed in the Teapot Dome Scandal: 3
CRIME STATS
- Number of individuals and businesses associated with the Clinton machine who have been convicted of or pleaded guilty to crimes: 47
- Number of these convictions during Clinton's presidency: 33
- Number of indictments/misdemeanor charges: 61
- Number of congressional witnesses who have pleaded the Fifth Amendment, fled the country to avoid testifying, or (in the case of foreign witnesses) refused to be interviewed: 122
SMALTZ INVESTIGATION
- Guilty pleas and convictions obtained by Donald Smaltz in cases involving charges of bribery and fraud against former Agriculture Secretary Mike Espy and associated individuals and businesses: 15
- Acquitted or overturned cases (including Espy): 6
- Fines and penalties assessed: $11.5 million
- Amount Tyson Food paid in fines and court costs: $6 million
CAMPAIGN FINANCE INVESTIGATION
- As of June 2000, the Justice Department listed 25 people indicted and 19 convicted because of the 1996 Clinton-Gore fundraising scandals.
- According to the House Committee on Government Reform in September 2000, 79 House and Senate witnesses asserted the Fifth Amendment in the course of investigations into Gore's last fundraising campaign.
-James Riady entered a plea agreement to pay an $8.5 million fine for campaign finance crimes. This was a record under campaign finance laws.
CLINTON MACHINE CRIMES FOR WHICH CONVICTIONS WERE OBTAINED
Drug trafficking (3), racketeering, extortion, bribery (4), tax evasion, kickbacks, embezzlement (2), fraud (12), conspiracy (5), fraudulent loans, illegal gifts (1), illegal campaign contributions (5), money laundering (6), perjury, obstruction of justice.
HISTORICAL CONTEXT
- Number of independent counsel inquiries since the 1978 law was passed: 19
- Number that have produced indictments: 7
- Number that produced more convictions than the Starr investigation: 1
- Median length of investigations that led to convictions: 44 months
- Length of Starr-Ray investigation: 69 months.
- Total cost of the Starr investigation (3/00) $52 million
- Total cost of the Iran-Contra investigation: $48.5 million
- Total cost to taxpayers of the Madison Guarantee failure: $73 million
Que sera sera12:08PMMay 13th 2008
Katherine. Did you know that Nadhmi Auchi
wife held a fund raiser for Mr. Obama?
The fact that Chicago is in the process of arming all 13000 of it's police officers with "SWAT" type weapons is something to watch. That is a rather large army, if you have unarmed the rest of America, which I feel is on Mr. Obama's agenda.
Interesting to note that mafia means refuge in arabic.
NO HILLARY12:13PMMay 13th 2008
betsyfromtexas...Please note, "VILLARAIGOSA IS NOT RUNNING FOR PRESIDENT, IS HE"? is what you posted.
PLEASE NOTE: REZKO IS NOT RUNNING FOR PRESIDENT, IS HE?
You like to DOUBLE TALK! IF YOU GOT A MIND USE IT.
WHITES AND ALL RACES AND GENDERS DO NOT HAVE TO SEE THIS RACE AS YOU DO. YOU ARE INSULTING CHICAGO VOTERS AND VOTERS ALL OVER AMERICA WHO HAVE VOTED TO PUT OBABA ON TOP AND WILL CONTINUE TO EVEN IN NOVEMBER. YOUR UNAMERICAN BIASED GUTTERAL TALK IS CHEAP IGNORANT BIASED RACIAL GENERALIZED SHIT FIT ONLY FOR A CRAPPER.
Larry Rice Jr.12:20PMMay 13th 2008
As to Rezko and the Clinton's. This is the same thing she said about Peter Paul too - and there's a lot of video of them yucking it up together at small fundraising gatherings.
It's a pattern.
I've said it before and I'll say it again: 2 weeks ago I was a Clinton admirer and excited about the race no matter who our nominee was. But, now the Clinton's have totally turned me off to them. Why? Because of their duplicity in making false accusations about another Democratic candidate to smear him and the facts that they've actually done what they falsely accused Obama of doing.
SAL12:20PMMay 13th 2008
betsyfromtexas;
RIGHT! Voters are supposed to ignore all the photographs of Bill Clinton. Bill and his Chinese campaign donors, Bill and his interns, Bill and his most frequent White House guest, Yassir Arafat. Now the one of Bill, and the guy his wife says is so sleazy that it should tell the rest of us what kind of person Obama is.
CALVIN9812:27PMMay 13th 2008
Yes Sal, the Clinton's have MUCH more dirt on their hands when it comes to fundraisers. Heck, they had to return $850,000 because their own people didn't bother to check Hzu - who had a felony warrant in California, and who's business bonifides were moot when looked at by even a lowly reporter.
DAVID4512:32PMMay 13th 2008
I recall quite the stir when the picture of Bush with Abramoff surfaced....of course he said the same thing as Hillary and no one believed him.
Wonder when they are going to "Find" the picture of
Hillary and the Coke Dealer?
Http://www.redicecreations.com
And what about the infamous Ng Lap Seng, Macau Crime Lord who controls Prostitution in that region. His Fortuna Hotel is actually a high class bordello where young girls (mostly underage) are available for a small price.
ON and On.......................never ending list of documented reports of Clinton's scams. Clinton is UNELECTABLE AND THE REPUBLICANS KNOW IT. MINCEMEAT TIME FOR MISSY-MISS-SPEAK.
Joyce12:43PMMay 13th 2008
summitbay:
You posted that "Hillary must not accept the VP slot'. JHC.....who asked her too. Not Obama. His number one VP pick is an honest well thought of woman with quality. Katherine Sebelius, 2nd term Governor of Kansas.
Rj1:14PMMay 13th 2008
www.andwearenotsaved.blogspot.com
Stop it with the Clinton bashing. Face the facts. Clinton nor Obama are squeaky clean. The media has,however, made Obama look like a squeaky clean kid. Just wait until the general election. The truth that we were denied during the primaries will and should come out and all should just let it play its self out and not call RACISM. For that it won't be but rather a man being vetted as he should have been during the primaries.
SAL1:18PMMay 13th 2008
You gotta luv Matt! "Today" show host Matt Lauer asked presidential hopeful Hillary Clinton if she has a connection to indicted developer Tony Rezko after flashing an undated photo of the two posing with President Bill Clinton.
"You were attacking Senator Obama, in particular, his work connected to what was a so-called a slumlord in Chicago, a guy named Tony Rezko," Lauer said. "You can't see what I'm going put up on the screen ... but it is a picture of you and your husband Bill Clinton posing with that same man."
ACER1:36PMMay 13th 2008
Imagine,
Obama having tea with Iran president ? here is what the conversation would look like:
"Mr Iran, have some tea, lets talk about you throwing bombs at Israel. I personally don't mind, as long as you throw little bombs not big ones."
and Mr Iran would say "we are brothers, and we seek cooperation - we mean no harm, we are friends of Israel" and Obama would say,
"ok, good. as long as we understand each other."
Mr Iran would then return to his hotel room and high-five all his muslim terrorist friends and they would roll on the floor with laughter"
the end.
Blondshag1:43PMMay 13th 2008
It is time for America to know the real Barack "Barry" Hussein Obama and about Obama's relationships.
VETO--BARACK "BARRY" HUSSEIN OBAMA.
NO PERSON IS ABOVE THE LAW INCLUDING TONY REZKO EVEN IF HE IS A FRIEND OF BARACK "BARRY" HUSSEIN OBAMA.
summitbay2:02PMMay 13th 2008
HILLARY MUST NOT accept the VP slot. If she is on the ticket as VP, they are only trying to use her. If she is a VP they will use her to do the work and they will take the credit. If she is a VP she can
not run again in 2012.
NO VP THANK YOU.
HILLARY MUST STAY with her constituents, or run as an INDEPENDENT. Hillary can win the election with no-Obama. We vote Hillary all the way to the white house.
Blondshag2:02PMMay 13th 2008
~~~~WEST VIRGINIA -- VOTER'S --TUESDAY--MAY 13, 2008-
~~~~GET OUT IN FULL-FORCE TO VOTE FOR HILLARY RODHAM CLINTON. HELP PULL THE HILLARY WIN EVEN HIGHER!!!
~~GO HILLARY!!!
~~GO ALL THE WAY TO THE CONVENTION!!!
~~GO ALL THE WAY TO THE WHITE HOUSE!!!
~~GO HILLARY!!!
VOTE - "MY AMERICAN MAMA"
HILLARY RODHAM CLINTON - PRESIDENT!!!!!
~~~~SUPERDELEGATES NEED TO DO LOTS OF SOUL SEARCHING AND DO THE RIGHT THING FOR AMERICA..AND 'SWITCH THEIR ENDORSEMENT TO HILLARY RODHAM CLINTON'.
Hillary Rodham Clinton is the candidate that will produce the Democratic Presidential WIN for America.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
VETO--Barack Hussein Obama.
VETO--Michelle Obama.
Both are of the 'Anti-America' nature.
America deserves to know the relationship between Barack Hussein Obama and Tony Rezko the indicted fund-raiser.
Thank you MEDIA--MEDIA--for providing America with daily up-dates on the Tony Rezko trial that began on March 3, 2008.
On sure thing is that it tells a little more about the 'REAL' Barack 'Barry' Hussein Obama. America just might NOT be ready for such a person.
~~SUPERDELEGATES truly need to do serious soul searching about an endorsement for Barack 'Barry' Hussein Obama and Obama's very poor judgment. Obama's truly judgment is told through his relationships such as: Rev. Wright Obama's mentor and pastor for 20 years shouting 'HATE AMERICA' 'HATE WHITES', etc., Bill Ayers, Tony Rezko the indicted fund-raiser.
Obama's wife is also a very negative, depressing, and sad as well....she also shared her own 'America' at one of the Obama Rally gatherings.
***********MUST READ ARTICLE*************************
***********MUST READ ARTICLE*************************
***********MUST READ ARTICLE*************************
GO TO: GO TO: GO TO: GO TO: GO TO: GO TO:
http://www.opednews.com/articles/genera_evelyn_p_080512_curtain_time_for_bar.htm
GO HILLARY!!!
GO HILLARY!!!
AMERICA NEEDS HILLARY!!
HILLARY -- FIGHT VERY HARD FOR AMERICA!!!
GO HILARY!!!
Arnold J. Meagher2:11PMMay 13th 2008
It is still not too late to change course! We need some clear-headed thinking if we democrats are going to win the general election. Barack Obama has little to no experience to qualify him for the presidency. Realistically, with his limited experience, would he have much of a chance of being selected as a CEO of a major American corporation? Why then, with this limited experience, do some think he is qualified to be President of the nation? Do we demand less experience of the President of the nation than a CEO of one of the nation's business entities? Or do we think that on-the-job training will somehow prepare him for the position within a few months of taking office?
By attempting to make this major leap from a first term senator to the presidency, Barack is stretching the political envelope too strenuously and too fast. Failure will set the clock back on the political aspirations of black Americans for generations. It is a big big gamble! Barack should settle this time around for the vice presidency or some major position in a democratic administration, and when he has demonstrated his skills and grown in political wisdom and stature, he will be better prepared to serve his country as President and Commander in Chief.
As of now, it seems to me that most voters, when the chips are on the table in the November elections, will not select Barack Obama. Most voters will see it as too big a gamble, too great a risk. They will opt for the lesser of two evils and cast their lot with a grey-haired known entity rather than an untried and unknown entity no matter how well spoken. Democrats and super-delegates must take a long hard look at this probability and act in the best interest of all Americans.
SANDY2:18PMMay 13th 2008
this whole rezco thing will blow up just as soon as hillary is out of the way. the elite republicans have shoved clinton aside through the media and have mentally handed the nominnation over to obama so they can squash him later. in november write in clinton as your vote.
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betsyfromtexas11:29AMMay 13th 2008
BUT DIANE, VILLARAIGOSA IS NOT RUNNING FOR PRESIDENT, IS HE?
NO PRODUCT OF CHICAGO GUTTER POLITICS WILL EVER GAIN THE WHITE HOUSE, UNDERSTAND?
OBAMA NEEDS TO GO BACK TO HIS (BREAKING) WIND-Y CITY, BACK TO HIS GUTTER CHURCH AND BACK TO HIS (NEW) GUTTER PASTOR---AND LET US RE-CLAIM THE WHITE HOUSE. BUT HIS EGO WON'T ALLOW THAT. MAYBE THIS IS ALL FODDER FOR HIS NEXT BOOK? "I WAS THE FAILED DEMOCRATIC NOMINEE---BUT, BOY, DID I CREATE A STIR!"
MORON! AND EQUALLY MORONIC FOLLOWERS!
HILLARY OR 'OTHER' FOR ME IN JANUARY!!!!!!!!!