Tuesday, March 04, 2008

The Rezko Trial.


What is Rezko's connection to Illinois politicians?
Rezko has been very active in raising money for and contributing to politicians — Republicans and Democrats — at the local, state and federal level. He contributed to President Clinton in the 1990s and served as a co-chair for a multimillion-dollar fundraiser for President George W. Bush in 2003. That most of his activities have been on behalf of Illinois Democrats is probably more a function of political realities than ideology: Democrats hold every statewide office in Illinois and have majorities in both chambers of the state Legislature.
Which politicians have benefited from Rezko's fundraising efforts?
Rezko has contributed to, or raised money for, current Illinois Comptroller Dan Hynes, Illinois Attorney General Lisa Madigan, Illinois Lt. Gov. Pat Quinn and Illinois U.S. Sen. Barack Obama, all Democrats. But his most notable fundraising efforts have been on behalf of Democratic Illinois Gov. Rod Blagojevich, which earned Rezko a spot within Blagojevich's inner circle.
What are the charges against Rezko?
Rezko is accused of using his position on two state boards in an extortion scheme that would enrich him and his co-conspirators, while also adding to Gov. Blagojevich's campaign coffers. He is charged with eight counts, including fraud, attempted extortion, money laundering and aiding bribery.
After he took office in 2003, Blagojevich appointed Rezko to the board that controls the permitting of hospital expansion and construction projects, and to the board that oversees the $30 billion teachers' pension fund. Prosecutors allege that Rezko used his clout to try to collect bogus fees from companies that wanted investments from the pension fund and permits from the hospital board.
One insider who allegedly helped craft the deals, Stuart Levine, has pleaded guilty and will be the government's star witness against Rezko. Blagojevich has not been charged with wrongdoing, but two other members of his inner circle are under indictment. U.S. District Judge Amy J. St. Eve has publicly named the governor as the anonymous "Public Official A" who appears in court papers as a beneficiary of the alleged scheme.
What is the nature of Rezko's relationship to Obama?
Back when Obama was at Harvard Law School, Rezko offered him a job with his development company in Chicago. Obama declined. But the relationship grew while Obama worked as a Chicago community organizer and then for a small Chicago law firm. Obama's firm did legal work for some of Rezko's development companies. Obama himself billed five hours for work on behalf of one of Rezko's nonprofit partners in an inner-city redevelopment project.
When Obama first ran for the Illinois state senate in 1996, Rezko was one of his first campaign contributors. He has remained a significant contributor to and fundraiser for Obama's subsequent campaigns.
What was Obama's land transaction with Rezko?
After Obama's election to the Senate, the family wanted to buy a mansion in Chicago's Kenwood neighborhood, on the city's South Side. The asking price was too high, so the owners agreed to split the house and an adjacent lot into two parcels.
The Obamas purchased the house in June 2005; Rezko, through his wife, Rita, purchased the side lot. About a half-year later, Obama purchased a 10-foot-wide strip of that side lot to increase his yard. Obama landscaped the Rezko parcel in exchange for Rezko paying for a security fence around it. At the time, news reports suggested Rezko was already under federal investigation. While there is no indication that there was anything illegal about the yard deal, even Obama now admits the transaction was "boneheaded."


The prosecution team includes Assistant U.S. Attys. Carrie E. Hamilton, Christopher S. Niewoehner and Reid J. Schar. The defense team is Joseph J. Duffy and William P. Ziegelmueller.


1 comment:

airJackie said...

Now for those who remembered how Libby used the memory loss and Gonzo I can't recall, this is one situation is the bonehead excuse.

Here's a criminal with not only a long standing relationship with Obama but every step of his career Rezko was there. As a lawyer Obama knows the ropes or should. The date of the purchase of the mansion is the key. Mr. and Mrs. Obama's taxes should they couldn't afford the mansion at the price. But guess up Obama was elected Senator and yes Mrs. Obama really wanted that mansion bad. Like any husband Senator Obama would make a way to get it for her. The only question of ethics is did he make future promises to Rezko as Rezko did what it took to get Mrs. Obama her dream mansion. It's not uncommon for crooks to help an up coming candidate. Look at McCain and even Diane Feinstein who made a deal with Bush so her husband could get Government contracts.

Now if anyone thinks Obama just didn't know and made as he called a misstep then you will buy the Brooklyn Bridge. Obama knew what he was doing and just might pay the price, all that for a mansion he couldn't afford. I always like it when an experienced lawyer says he didn't know it was illegal. Why do they have people pay them for legal services if they don't know. I'm not saying this is the worse thing for a candidate. But Obama gives speeches and statements like he is the only candidate that walks on water, now we see he can't. Now honesty comes in to play. Obama who couldn't vote for the War but says he voted against it, attacks Hillary who says with the information given she did vote for it and now sees she made a mistake. Will Obama when caught say he was wrong or will he use the Bush policy of who cares you can't do anything about it now and more will come out later as you were tricked for the third time.
You have to admit having a relationship with a life long criminal rubs off on a person. Obama worked for this guy so he had to learn something. Now I see why John Kerry rushed in so fast to support Obama. Look Rezko did it and now hopes it pays off, Kerry should have been President now he can take over where Obama can just be the front man for speeches and State of the Union Addresses. Nothing will change in the Government just new crooks will now take as much as they can as the Republicans did. I'm sure Ted Kennedy is planning his greed hunt as Obama wont know what's happening. I wonder if Mrs. Obama now wishes she didn't get so demanding for something that was out of her reach but now might pay a bigger price for the Mansion in Illinois.