Showing posts with label Tony Rezko. Show all posts
Showing posts with label Tony Rezko. Show all posts

Wednesday, June 10, 2015

Remember Tony Rezko?













Monday, September 22, 2014

New Zeal EXCLUSIVE: Luis Gutierrez, Obama’s Poster Boy for Amnesty, and His Unique Family “Fundraising” Business

Former Chicago Alderman, and now 11-term Congressman Luis V. Gutierrez (D. 4th Dist. IL) is described by one news outlet as a “59-year-old Illinois congressman [who] stands 5 feet 6 inches tall, which is only one reason he got his nickname, “El Gallito” — the little fighting rooster.” - Trevor Loudon/New Zeal

As immigration chairman for the House Hispanic caucus, Gutierrez is fighting hard for a Presidential Executive Order granting amnesty to as many as 5 million illegal immigrants....

Gutierrez’s reputation in Chicagoland’s politics is not untarnished. There’s that sweetheart deal he got from ◼ Tony Rezko in the purchase of a condo for his daughter. There’s the $500,000 plus he paid in taxpayer money over 10 years to a Chicago lobbyist to advise his congressional staff. And, the 2004 allegation that Gutierrez lobbied Mayor Daley for a residential development owned by a man who loaned Luis $200,000. The developer was later federally indicted concerning the same development.

But forget all that – that’s all in the past.

Today, Gutierrez is firmly ensconced in one of the most gerrymandered congressional districts in America. You need a GPS to find its boundaries.

These days, the 4th Illinois District Congressman is making political fund-raising a family business.

Gutierrez For Congress Campaign Fund

In the last eight election cycles, from the 1998 through mid-2014, Gutierrez For Congress raised $2,973,972.

In the last seven races – 2014 is pending – Gutierrez’s opponents have raised a total of $14,192; all of that was collected by his 2012 opponent, Hector L. Concepcion. Concepcion spent all but one dollar of his campaign fund in his 2012 race against Gutierrez. Gutierrez, who received 83% of the vote, spent $383,558 and still had $354,393 cash-in-hand after he won.

Gutierrez won his last seven general elections with an average of 81% of the votes cast.

If Gutierrez repeatedly wins so handily over un- and under-funded candidates, why does he continue to aggressively raise campaign money every cycle?

Hold that thought.

In the last two election cycles, 2010-2012 & 2013-mid2014, Gutierrez For Congress raised a total of $524,452. (All statistics cited herein come from the Federal Elections Commission (FEC) website, www.fec.gov, and from www.opensecrets.org .)

FEC filings for the last two election cycles (2014 is incomplete) indicate that Gutierrez For Congress paid out, over those three-and-a-half years, $173,879 for the position of “Office Manager, Treasurer and Fundraising” for his campaign.

That expenditure represents over 33% of the total campaign donations raised during 42 months into the 2014 cycle.

The “Payee Name” listed on the FEC filings as having received payment as “Office Manager, Treasurer and Fundraising” is Soraida Gutierrez – also known as Mrs. Luis Gutierrez. MORE, at the link.

Monday, June 11, 2012

Obama’s early Chicago rise brought African-Americans foreclosures, bankruptcies

Obama’s early Chicago rise brought African-Americans foreclosures, bankruptcies - Neil Munro/The Daily Caller

Reporters have aggressively sought more information from Romney about his business record, but there is no sign that a single reporter has ever asked Obama about his role in Chicago’s housing disaster....

President Barack Obama wants his 2012 re-election campaign to focus on Gov. Mitt Romney’s private-sector record, but his own private-sector history shows that he promoted and profited from the nation’s disastrous real-estate bubble. One striking example comes from the president’s 1995 housing-discrimination class action lawsuit: It provided him with legal fees, greased his political donations and boosted his role in Chicago politics.... Details at the link.

Tuesday, November 22, 2011

Former Obama fundraiser Rezko gets 10-year sentence

A U.S. judge on Tuesday sentenced Antoin "Tony" Rezko, a former Chicago fundraiser for President Barack Obama, to 10-1/2 years in prison for corruption and extortion. - Reuters
Judge St. Eve said she was sending a message that dishonesty in government does not pay, and that the endemic corruption in Illinois must stop. Blagojevich's Republican predecessor George Ryan was also imprisoned for corruption. Blagojevich will be sentenced on 18 corruption counts December 6, which included attempts to sell Obama's vacant Senate seat.

St. Eve said Rezko was a private citizen who wielded enormous power during Blagojevich's abbreviated two terms in office through campaign donations and favors, and he and other corrupt officials helped engineer a scheme that netted nearly $10 million in bribes.

The scheme involved state boards in charge of approving new hospitals and oversight of the Teachers' Retirement System, a multibillion-dollar pension fund. Rezko and his cohorts extorted bribes from companies seeking to invest the funds.
"That’s about as bad as it can get in a political corruption case," Assistant U.S. Attorney Chris Niewoehner said according to the Sun-Times. "Illinois was for sale at the very top levels of our government." - The Hill
Rezko voluntarily went to prison in 2008 when he was found guilty on 16 of 24 counts of corruption charges related to money laundering and plotting to skim money from companies trying to do business with Blagojevich.

Rezko's association with Obama became an issue during his run for the White House. Then-Sen. Hillary Clinton (D-N.Y.), Obama's top rival in that race, accused Obama of "practicing law and representing your contributor, Rezko, in his slum landlord business in inner-city Chicago."
Obama Bundler Rezko Sentenced to 10 1/2 Years in Prison - Big Government
Readers will no doubt remember that Rezko and Obama were involved in a controversial land deal when Obama was a state Senator. They had very close ties:
Complaint hits Rezko land deal Washington Times
A former Illinois bank official, now claiming whistleblower status, says bank officials replaced a loan reappraisal that he prepared for a Chicago property that was purchased by the wife of now-convicted felon Tony Rezko, part of which was later sold to next-door neighbor Barack Obama.

In a complaint filed Thursday in the Circuit Court of Cook County, Kenneth J. Connor said that his reappraisal of Rita Rezko’s property was replaced with a higher one and that he was fired when he questioned the document....

Critics of Mr. Obama’s dealings with Rezko charge that the senator may have gotten a deal on his property purchase, noting that Mrs. Rezko paid the full asking price for her property on an adjacent lot. Both of which were sold by a single seller. Mr. Obama bought his house for $1.65 million - $300,000 below the asking price.

When the property was sold, Mr. Obama knew Rezko was under investigation on fraud charges.
We just imagined ObamaRezko. Orwellian - The Backyard Conservative
Rezko gets 10 years plus in the pen, he's served 4 already. Still no mention of his connection to Obama--he was his top money man, even as Bill Ayers was his political godfather.
Media bias: Obama crony Rezko sentenced Tuesday; Chicago Trib article about it doesn't mention president - Marathon Pundit