Chicago Sun-Times
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Obama Rezko conviction reaction. Republican National Committee slams Obama for Rezko association, though not an issue at trial.

| 14 Comments

WASHINGTON--The Chicago Sun-Times federal courts reporter Natasha Korecki is reporting that a Chicago federal jury found political fixer Tony Rezko guilty on 16 charges against him -- including mail and wire fraud -- and not guilty of eight charges. Rezko -- the high-flying developer and fast-food magnate -- was once a major campaign fund-raiser for Gov. Blagojevich and Democratic presidential hopeful Barack Obama. LINK

Lynn Sweet quick analysis on political impact on Obama: Republicans were going to use Rezko against Obama whether or not Rezko was guilty or innocent. See RNC statement below slamming Obama on Rezko. No way is Rezko positive for Obama; but the conviction itself does not change the politics much. Remember, Obama had nothing to do with any charge brought against Rezko.

Obama statement
"I'm saddened by today's verdict. This isn't the Tony Rezko I knew, but now he has been convicted by a jury on multiple charges that once again shine a spotlight on the need for reform. I encourage the General Assembly to take whatever steps are necessary to prevent these kinds of abuses in the future.” – Senator Barack Obama


WASHINGTON, June 4 /PRNewswire-USNewswire/ -- Republican National Committee
(RNC) Chairman Robert M. "Mike" Duncan released the following statement tonight:

"On the day Barack Obama hoped to unite his party after wheezing over the finish
line and claiming the Democrat nomination, a jury in his hometown of Chicago
convicted his longtime friend and fundraiser Tony Rezko of multiple felonies.
This is further proof that Obama's high-flying rhetoric is just that and in no
way represents the kind of change our nation demands. Today's verdict and
Obama's friendship with Rezko raise serious questions about whether he has the
judgment to serve as president."

Paid for by the Republican National Committee.

14 Comments

The RNC's statement is meaningless but it is time for Senator Obama to sit down with the Chicago media and explain his relationship with Tony Rezko and Father Pfleger in detail.

His statements regarding Reverend Wright, Bill Ayers, Tony Rezko, Bernadette Dohrn and Father Michael Pfleger are always something similar, "This isn't the (fill in the blank)I know".

We should be told more!

I had a stockbroker who helped me make a lot of money and became a friend of sorts, but it turned out she was doing multiple unethical and illegal things and eventually was convicted. I was shocked and saddened about her. My knowing her doesn't make me a bad person. Is anyone accusing Gov. Blagojevich of having cooties too? Obama is not on trial. This is Republican "innuendo" mud-slinging. Since they can't find anything on Obama, they have to find something on people he has interfaced with.

BARACK YOU'VE GOT THE GOP GRASPING AT STRAWS!
JOHN MCCAIN DOESN'T WANT TO DEBATE YOU, HE WANTS TO TRAVEL WITH
YOU TO HIS LITTLE TOWNHALL MEETINGS, BARACK OBAMA IS A BIG TIME
GUY, STEP UP MCCAIN AND LEARN TO READ A TELEPROMPTER!

Obama was the chairman of the Health and Education committee, which represented the Teachers' Retirement pension. He had a say along with the Governor who sat on the board. Obama , himself stated he choose certain African-American minority business get monies invested via the teachers' pension fund . One of those business owned by supporter Rogers, Ariel investments, also Capri Capital, mentioned during Rezko trial. 'Pay and Play', was used by Obama.n http://abcnews.go.com

What Tony Rezko proves is that if you have a governmental program, somebody will find a way to siphon money off of it. (The old Milton Friedman argument.)

Basically, Rezko's acts (many of which he hasn't been charged with) show the flaws of big government. Have a politician hand out money. That's a recipe for corruption.

(1) Set up a program for housing the poor. Do the poor get housing? No. Who gets the money? Tony Rezko.
(2) Set up a program for minority businesses? Who gets the money? Tony Rezko.


Have the Republicans heard of a little thing called the "Keating Five"? When the DOJ accused John McCain of improperly aiding Charles H. Keating, Jr., chairman of the failed Lincoln Savings and Loan Association, which was the target of an investigation by the Federal Home Loan Bank Board.

The Lincoln bailout eventually cost taxpayers $2.6 billion, making it the biggest of the S&L scandals. In addition, 17,000 Lincoln investors lost $190 million. Keating was convicted in January 1993 of 73 counts of wire and bankruptcy fraud and served more than four years in prison before his conviction was overturned. He eventually pleaded guilty to four counts of fraud and was sentenced to time served.

McCain received $112,000 by 1987 from Keating and Keating's relatives and employees for his Senate campaign, more than any of the other Senators who leaned on Keating's regulators.

In addition to Keating campaign contributions, McCain's wife and father-in-law invested $359,100 in a Keating shopping center in April 1986, a year before McCain met with the regulators. The paper also reported that the McCains had made at least nine vacation trips at Keating's expense including to Keating's vacation home in the Bahamas.

The Republican presidential nominee can ill-afford to start playing the guilt-by-association game.

-- SCAM
so-called "Austin Mayor"
http://austinmayor.blogspot.com

Obama is damadged goods after Tony Rezko a 17 year friend and associate is found guilty of 16 counts by a Federal Jury. Tony Rezko is a 17 year friend and associate of the guy that is running for President of the greatest nation on earth Barry Obama.
Obama can not deny their relationship or legal relationship Rezko is responsible for Obamas candidacy because he raised the money to make it happen. Obama is finished because Rezko was his financier.The driveby media must relook at Obama because it is their duty to ferret out Tony Rezkos relationship with Obama.This time they must do a prudent assessment of Obama and his relationship with Rezko.They tried to say it is an indictment not a conviction now they can not assert this. Obama must be vetted by the media.Jerry

Why does Senator Obama have so many friends in funky business ?

So far, I have heard of Wright, Pfleger, Farrakhan, Rezko. Are there more to come ?

No sane person will have such radicals known for so long in life, and then not getting influenced by them.
Strange though, Democrats nominated Obama for President :)-
Funny duh h.

While I agree that the republicans need to tread lightly given the Keating 5, the media should not. Barack recieved money through this ill gotten gain, so don't tell me there was no nexus between him and this trial! He was in charge of the committee that reduced the size of that board so it could be stacked and approved the appointments, so don't tell me there is no nexus between him and the trial. There is precious little time left -- he is only the presumptive nominee at this point. With the writing on the wall, both Chicago papers endorsed him -- do some penance and lead the charge to expose this scummy mess outside the city.

Obama seems to say the same thing and it sounds like change to me.
"This isn't the Tony Rezko I know."
"This isn't the Rev. Wright I know."
"This isn't the Father Pflegers I know."
Obama is either naive and has a serious judgement problem or he is just like the old politicians who will say anything to get elected and will throw long time mentors and friends under the bus. But look for his mentor and friends to reappear if Obama is elected. "Get the Lincoln bedroom ready for Rev. Wright, sweetie."

Now that the People Magazine campaign is over with, can we find out just exactly who is Barack Obama and what he stands for, if anything....

Well it seems that President Obama has his first "Presdiental Pardon" already on the table. Tony Rezko is rooting for his good friend Barack to get elected.

Well it seems that President Obama has his first "Presdiental Pardon" already on the table. Tony Rezko is rooting for his good friend Barack to get elected.

THE MAN SAID HE WOULDN'T PARDON REZKO!
SO RELAX AND STOP TRYING TO PLAY GAMES!
BE AN AMERICAN AND EITHER VOTE FOR THE REAL CANDIDATE FOR CHANGE
OR VOTE FOR THE GUY WHO CAN'T READ FROM A TELEPROMPTER!
YOUR DECISION?

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Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

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This page contains a single entry by Lynn Sweet published on June 4, 2008 7:11 PM.

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