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Interestingly, both Obama and Bill Ayers attended college (at the same time...early 80s) within 3 or 4 blocks of where James Cone and the far left Union Theological Seminary is located/based. Ayers attended nearby Bank Street College. Obama attended Columbia College, an undergrad part of Columbia University.

The Union Theological Seminary in the City of New York
[located just across the street from both Columbia University and Riverside Church. It is actually sandwiched between the two]

He [James Cone] is currently the Charles Augustus Briggs Distinguished Professor of Systematic Theology at Union Theological Seminary in the City of New York.[2]...

http://en.wikipedia.org/wiki/James_Hal_Cone
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"The [Union Theological] Seminary’s administrative offices are located in The Interchurch Center, a 19-story building located on the Upper West Side of New York City that is the home to a number of ecumenical and interreligious agencies and organizations, including several national church bodies. The Interchurch Center is owned and managed under the auspices of several Christian organizations as a Class A office facility, with the mission to provide a working environment that is conducive to ecumenism and interreligious involvement.

The Riverside Church:
Most of the classes in the NYTS degree programs are held in The Riverside Church which is located across the street from The Interchurch Center on Riverside Drive. The Riverside Church is an interdenominational, interracial, and international congregation affiliated with the American Baptist Churches and the United Church of Christ, and cooperating with the Council of Churches in the City of New York as well as the New York State, National, and World Council of Churches."

http://www.nyts.edu/prospective-students/facilities/
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From David Horowitz's FrontPageMag.com/DiscoverTheNetworks.org:
Profile: Institute For Policy Studies (IPS)

IPS’s [Institute For Policy Studies] Washington, DC headquarters quickly became a resource center for national reporters and a place for KGB agents from the nearby Soviet embassy to convene and strategize. Cora Weiss headed one of the IPS's most successful forays -- into Riverside Church in Manhattan.

She was invited there in 1978 by the Reverend William Sloane Coffin to run the church's Disarmament Program, which sought to consolidate Soviet nuclear superiority in Europe -- in the name of "peace." In 1982 Weiss helped organize the largest pro-disarmament demonstration ever held. Staged in New York City, the rally was attended by a coalition of communist organizations.

During her decade-long tenure at Riverside, which became home to the National Council of Churches, Weiss regularly received Russian KGB agents, Sandinista friends, and Cuban intelligence agents. Weiss became infamous for her role in the psychological warfare conducted against U.S. prisoners of war held in the infamous "Hanoi Hilton" during the Vietnam War.

The Liberation News Service, which is a news source for hundreds of "alternative" publications nationwide (with antiwar, Marxist-oriented perspectives), was founded in 1967 with IPS assistance."

[lots more at link...]

http://www.discoverthenetworks.org/groupProfile.asp?grpid=6991