Sunday, August 24, 2008

Obama/Rezko/Davis/Cullen Davis Gate: It Cost Taxpayers Millions of Dollars, Swings One Way,Falls Off and Killed Curtis Cooper

Neither the Chicago Tribune nor the Sun Times ( because Tim Novak is not on the story) made the connection to Barack 'One House'Obama to Tony Rezko and Allison Davis, a white guy termed 'Mayor Daley's link to the African American Community.'

Allison Davis is 'Mayor Daley's link to the African American Community.' No other links, associations, reachers-out, heads-up guys, liasons, or friends in the African American Community - Allison Davis. Allsion Davis is the go-to-guy whenever Mayor Daley needs a link to the African American Community.Not Senator Barck Obama.
Not Ike Carothers. Not Jackie Heard.Not Elzie Higginbottom.Not Dempsey Travis.

Nope Allison Davis. Allsion Davis who was Barack Obama's Law Boss. Back in April of 2007, Tim Novak was on the story and should continue to be on the story for STNG, but they want this tale to fade. Here is what Tim Novak, the only real newsman on the Sun Times, had to say about insulated Progressive lawyer Allison S. Davis.

When Barack Obama took a job at a small Chicago law firm in 1993, the first name on the door of the firm was Allison S. Davis.

Five years later, having left his Davis Miner Barnhill & Galland firm, Davis invested in Antoin "Tony'' Rezko's final government-subsidized, low-income housing project, state records show, in a deal handled by Davis' former law firm.

Davis and Rezko also went into business together, building upscale homes in the booming Kenwood neighborhood where Davis lives. The legal work on those deals was also done by Davis' former law firm, where Obama was working.

Davis, 67, and Rezko are still business partners "in a technical sense,'' Davis said in an interview, though he added, "There's nothing going on in the last couple years.''

He said he didn't recall how or when he met Rezko, a businessman and political fund-raiser under indictment on federal charges that include demanding kickbacks from companies seeking state pension investments under Gov. Blagojevich.

While Davis was running the law firm, he was also a board member of the Woodlawn Preservation and Investment Corp., a not-for-profit company that hooked up with Rezko's Rezmar Corp. on tax-supported projects to rehabilitate apartments for low-income tenants. Davis' firm handled the legal work on those housing deals.

Davis has long been an influential member of the Woodlawn community just south of the University of Chicago. His father was the university's first African-American professor. Since 1991, Davis has been a member of the Chicago Plan Commission, appointed by Mayor Daley, a friend.

Four years ago, Blagojevich appointed Davis to the Illinois State Board of Investment, which controls state pension funds -- one of a series of appointments the governor made at Rezko's request.

Tim Novak

Novak says that Davis's Pa was African American? Guess I was mistaken! Must be true - Davis ain't a white guy then. Pictures never really tell the story. Surface value journalism is also misleading. Get Novak back on the case.

Yep, Tim Novak on a story is like Sterling on Silver. He is such a pitbull that he could dig up my dreams ( don't go there, Tim).

Instead, to make any sense of the non-investigation into the death of Curtis Cooper by our propaganda journalists we need to flip to the New York Post.

Here is a piece that considers the Davis/Rezko/Obama connection important.

In October 1998, Obama wrote city and state officials, urging them to give Rezko $14 million to build an apartment complex outside of Obama's state Senate district. The Chicago Sun-Times noted last year that Obama's request included 855,000 in "development fees" for Rezko and for another developer, Allison Davis, who happened to be Obama's old law-firm boss. Obama's spokesman said it was just a coincidence that the state senator wrote letters to obtain millions of dollars for his two longtime friends. ( emphasis my own -because . . .gee, isn't that kind of a red-flag?)

In fact, Obama was a dependable ally of subsidized developers in the Legislature, giving Rezko and others broader help as well. In "The Case Against Barack Obama," I identify and parse six housing bills with which Obama was closely involved. A few examples:

* In 2001, Obama cosponsored a bill allowing developers to sell state tax credits to others and pocket half of the proceeds.
* In 2002 and 2004, he was chief cosponsor of a bill to authorize a rent-subsidy fund giving "grants . . . directly to developers" of low-income housing. Seventy percent of the money was earmarked for the Chicago area.

* Obama cosponsored the Illinois Housing Initiative Act of 2003, which required the governor to develop a plan for more low-income housing and "provide[d] for funding for housing construction and rehabilitation and supportive services."

* In 2003, Obama voted for the Affordable Housing Planning and Appeal Act, which required Illinois municipalities to make 10 percent of their housing units "affordable" (by definition, this included subsidized housing). This forced 46 communities just outside of Chicago to create more than 7,000 new "affordable" units - a huge boost in demand for area developers. The bill also provided loopholes for developers to circumvent local ordinances and regulations.

After voting for this measure (it passed narrowly), Obama then cosponsored a new bill that moved up its implementation by more than a year.

These and the other Obama-backed bills helped make millionaires of Rezko and other slum developers at taxpayers' expense. The developers - including his former law boss and an adviser to his current campaign - reciprocated, together giving and raising hundreds of thousands of dollars for Obama's campaigns.

To sum up: Obama got them subsidies to build. He secured them a steady income of government rent subsidies. He arranged special tax credits and abatements for them. He backed measures that increased demand for their services, and helped them legally circumvent local laws.

Perhaps Obama acted with only the poor in mind. Yet some of his developer friends weren't so conscientious - especially Rezko.

Notably, Rezko's company claimed that it lacked the funds to heat one of its 11 buildings in Obama's state Senate district from December 1996 to February 1997. But Rezko still managed to write a $1,000 check to Obama's campaign fund on Jan. 14. That month, his tenants shivered as 19 inches of snow fell on northern Illinois.

With his early and large investments in Obama, Rezko helped the Democratic nominee get to where he is today. Obama, meanwhile, helped Rezko with his legislative work and his letter-writing. Given this close working relationship, the Obama-Rezko land deal is far less surprising.

David Freddoso, a political reporter for National Review, is the author of "The Case Against Barack Obama: The Unlikely Rise and Unexamined Agenda of the Media's Favorite Candidate."

All this stuff is out there for us paper readers at Kean Gas Station each morning. The people who Medill snobs think are too stupid to matter. Well, listen up! We have jobs, families, lives, interests and activities that bring people together. We share thoughts and opinions. Millions of us! We read and we remember what we read. We also control the impulse to buy a paper - we just might glance at it without buying it while we have coffee and crullers. That's revenue denied to you dopes. Guerilla Theatre as the Hyde Park Mafia might opine.

And Obama worries about John McCain's Houses. McCain is a Tightwad! I have raised ranch and a thirty year mortgage and the number of homes in possession really upsets me!

Hell, the cheap bastard! If I shared Cindy McCain's money, with her say so of course, I'd have houses in Peotone, Martinton, Braidwood, Coal City, Custer Park and Papineau, Illinois as well as Sidona,AZ - but I guess that it is a dry heat there.

Obama can stand some heat - Dry, or Wet, Obama will not get any heat form the Cupcake Mules slinging ink for Chicago papers. Tim Novak is a pitbull and he can bring the heat!

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