But wait, didn’t Pelosi Galore and Reid the walk dead tell us that only Republicans did horrible things like this.
Besides this is just racial bs from bitter white Americans, who could get a loan like this to buy more guns.
Here’s some insight from The Campaign Spot:
So, just to refresh…
Obama wants to buy a mansion, which the seller insists upon selling simultaneously with an adjacent piece of property that they also insist upon selling as a separate transaction. Obama can’t afford both, and turns to Tony Rezko, who is known to be under federal investigation at the time. Obama gets a mortgage below rates. I presume that by early 2005 Obama’s credit rating is good, even though in summer of 2000 he was having his credit cards rejected.
In 1993, he and Michelle had accumulated $110,000 for a down payment on their condo, but the Post article makes no reference to a down payment on the mansion. They presumably made some money from selling the condo, but again, no reference to the sale of that property.
He pays $300,000 below the asking price in the middle of the biggest housing boom in the nation’s history. Rezko’s wife purchases the adjacent lot for the full asking price. Then while Rezko is under federal investigation, Obama pays him $104,500 for a strip of land on the adjacent lot appraised to be worth $40,500.
07/02 08:29 AM
http://campaignspot.nationalreview.com/