Obama Got Financial Help From Overseas (British-Iraqi Billionaire)

[BeatleBoot]

http://www.timesonline.co.uk/tol/news/world/us_and_americas/us_elections/article3433485.ece

Mansion 'mistake' piles the pressure on Barack Obama

A British-Iraqi billionaire lent millions of dollars to Barack Obama's fundraiser just weeks before an imprudent land deal that has returned to haunt the presidential contender, an investigation by The Times discloses.

The money transfer raises the question of whether funds from Nadhmi Auchi, one of Britain’s wealthiest men, helped Mr Obama buy his mock Georgian mansion in Chicago.

A company related to Mr Auchi, who has a conviction for corruption in France, registered the loan to Mr Obama's bagman Antoin "Tony" Rezko on May 23 2005. Mr Auchi says the loan, through the Panamanian company Fintrade Services SA, was for $3.5 million.

Three weeks later, Mr Obama bought a house on the city's South Side while Mr Rezko's wife bought the garden plot next door from the same seller on the same day, June 15.

Mr Obama says he never used Mrs Rezko's still-empty lot, which could only be accessed through his property. But he admits he paid his gardener to mow the lawn.

Mrs Rezko, whose husband was widely known to be under investigation at the time, went on to sell a 10-foot strip of her property to Mr Obama seven months later so he could enjoy a bigger garden.

Mr Obama now admits his involvement in this land deal was a “boneheaded mistake”.

Mrs Rezko’s purchase and sale of the land to Mr Obama raises many unanswered questions.

It is unclear how Mrs Rezko could have afforded the downpayment of $125,000 and a $500,000 mortgage for the original $625,000 purchase of the garden plot at 5050 South Greenwood Ave.

In a sworn statement a year later, Mrs Rezko said she got by on a salary of $37,000 and had $35,000 assets. Mr Rezko told a court he had "no income, negative cash flow, no liquid assets, no unencumbered assets is significantly in arrears on many of his obligations."

Mrs Rezko, whose husband goes on trial on unrelated corruption charges in Chicago on March 3, refused to answer questions about the case when she spoke by telephone to The Times.

Asked if she used money from her husband to buy the land next to Mr Obama's house, she said: "I can't answer these questions, I'm sorry."

Asked how long she and her husband had known Mr Auchi, she replied: "I will not be able to answer this question."
Mr Auchi's lawyer, asked whether the Fintrade Services loan was used to buy the land which became Mr Obama's garden, stated: "No, not as far as my client is aware."

Mr Auchi's links with Mr Rezko are a new political headache for Mr Obama, the charismatic Illinois senator vying to become America’s first African-American president.

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[Hawkeye-X]

1. Dredging up Rezko again?

Beetleboot - that's been long debunked a long time ago. Patrick Fitzgerald would have done something by now if Obama was involved with Rezko, but he's not, so it's a dead issue, so I'll post this instead:

[juajen]

33. You do remember that Rove should have been indicted when

Fitz was prosecuting the Plame case, don't you? Just because Obama has not been indicted does not mean he and others are not implicated. He has been cagey on his friendship with this man and I think he is hiding something. The pugs will keep digging and if there's anything there, they will find it. It's better if it comes out now, IMO.

[Hawkeye-X]

49. They're already scraping the bottom of the barrel, wrecking the barrel

and making a hole, and now scraping the cement underneath the barrel where it is held down.

Hawkeye-X

[BeatleBoot]

34. Not a Dead Horse At All - Perhaps you wish it That - But Reality is Reality

"A company related to Mr Auchi, who has a conviction for corruption in France, registered the loan to Mr Obama's bagman Antoin "Tony" Rezko on May 23 2005. Mr Auchi says the loan, through the Panamanian company Fintrade Services SA, was for $3.5 million"

http://www.timesonline.co.uk/tol/news/world/us_and_americas/us_elections/article3433485.ece

[Hawkeye-X]

50. Still a dead horse, Beatleboot.

Obviously you continue to ignore the already-debunked myth that someone wisely posted downthread.

Here, I kindly posted it for you.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=4804360&mesg_id=4804519

I suggest you sit your ass down, stop whining, and read the damn article. It'll surprise you. Trust me.

Hawkeye-X

[TheDebbieDee]

2. Sorry, misread the OP......

[Hawkeye-X]

4. It is, but it's a dead issue.

No campaign funds came from that guy, so next "meme", please.

Hawkeye-X

[BeatleBoot]

5. Yeah, Everyone Gets $ 3.5 Million Loans From Questionable People

Happens everyday in "Hawkeyex World"


:rofl:

[anigbrowl]

7. Brack Obama's tax return

http://taxprof.typepad.com/taxprof_blog/2007/04/baracj_obamas_2.html

[BeatleBoot]

10. Oh,...well...I think Main Street will overlook it then.

Just wait until the Nazi Scum get ahold of this.

Do me a favor, okay?

Please don't take the entire Democratic Party down with "My Campaign was Funded by a British Iraqi" Obama.

Unbelievable.

[juajen]

35. The print was so small, I couldn't read it very well.

Where did all of their income come from. It was close to 1,000,000?

[anigbrowl]

43. Then zoom in on it. You are looking at the PDF, right?

If you don't know how to use your own computer I can't help you.

[Hawkeye-X]

8. And how is Hillary doing?

She ready to wrap up the nomination next week?

Hawkeye-X

[BeatleBoot]

13. After this revelation?

She's in higher standards with the Dems, I'd suspect.

Unless the Party is full of fucking lemmings.


And someone has been keeping them purposely uninformed.

[johnnydrama]

16. be honest

in the last 2 months how many times have you posted on this board "after this revelation...."

[BeatleBoot]

19. ZERO

sissy

[johnnydrama]

27. nice

that's some McCain type lyin' right there.

[BeatleBoot]

30. Based on what?

Numbnuts.

[johnnydrama]

48. post 13

laughable, lie about a post in this very thread.

[BeatleBoot]

51. You make it sound like I have been posting that phrase all the time, "in the last 2 months"

And I haven't.

You asked me a question, I answered truthfully.

All the rest is bullshit.

[Hawkeye-X]

9. And how is Hillary doing?

She ready to wrap up the nomination next week? Why won't she release *HER* own tax records?

Hawkeye-X

[BeatleBoot]

21. But you are redundant

[juajen]

36. She says when they are finished. Her's are bound to be

a tad more complicated than Obama's. We'll see.

[anigbrowl]

47. She's still doing her 2006 taxes? LOLOL

What kind of fools do you take us for?

[IndianaGreen]

3. "A British-Iraqi billionaire lent millions of dollars to Barack Obama's fundraiser"

When you can link any of this Rezko stuff to Obama, you let us know. In the meantime, how about having Hillary release her tax returns as Obama has done?

[griffi94]

12. what if the proof

is being sat on until he's the nominee. wow, that would blow the lid off the election, but god in heaven knows the msm and the gop wouldn't ever do anything like that. that wouldn't be fair.
like when carter was president, the head of the cia (ghw bush) wouldn't ever make a deal with iran to not release the hostages until after the 1980 presidential election. i mean that would be unethical.

[IndianaGreen]

14. What if Obama was a reptilian alien invador?

You need to learn to tell the difference between hope and irrational expectations. The latter applies to your post.

[griffi94]

22. and you need to go review

the 1980 election. i didn't say it was a fact that obama had any shady dealings, but the obamabots who think he's as pure as driven snow are as deluded as anybody. if you think he's more than a politician trying to get to the most powerful elected office in the world.

[BeatleBoot]

25. Wow!

You would, honestly, put the Democratic Party through this?

Unbelievable.

[babylonsister]

15. If there was any proof, the Clintons would have it gold-plated and

hung from the Capitol building. Get real.

[BeatleBoot]

26. Timing is everything

[anigbrowl]

45. Someone should tell Hillary's campaign then.

They don't seem to have much of a feel for it.

[anamandujano]

37. The long arm of the law is working this story, not the Clintons.

Since there is going to be a trial, one might expect there is some proof.

[anigbrowl]

6. How long are you going to keep lying about this BB?

Anyone with half a brain knows that Obama bought the house with the money he made from his book sales, which generated $1.2 million in 2005 alone. His tax records are easily available - via google, no less.

I can't wait for this primary race to be over.

[BeatleBoot]

28. I'll stop Telling the TRUTH About Obama Once you Stop Lying About Me.

Deal?

[anigbrowl]

44. Truth my ass. This entire thread is nothing but BS, which...

...has been debunked many, many times. If you were as knowledgeable on the issue as you claim to be you would not be repeating nonsense which is so easily contradicted by even a few minutes' research. The Times article is a heap of poorly researched, poorly written hogwash, which has already been posted and been debunked here on DU, as I suspect you know perfectly well.

[Johnny__Motown]

11. TimesOnline... umm.. wtf kinda source is this? Not NYT or Chicago Times.. etc etc

This looks like a bogus story from a bogus source.

I did like the story about a guy who only skis if drunk. Great news story. That one is clearly more news worthy than this one.



Maybe browse this for a few minutes

http://www.dailykos.com/story/2008/1/29/171056/015/838/445627

[BeatleBoot]

17. Shoot the messenger.

Kill it.

That said, you won't be able to criticize Karl Rove for killing the messenger ever again.

Since you did what Karl Rove does.

[Johnny__Motown]

31. Not a reputable source, not a reputable story. Anyone can make a website and post crap like that

For all I know you made the site yourself

[Binka]

41. Jesus GAWD The Kids Are On The Computer Again. Thanks Motown

My six year old can create a web site. But her shit would be a tad bit more rational than this crap.

[IndianaGreen]

18. Murdoch boughtThe Times

And the UK's most prestigious newspaper went down the tubes shortly thereafter.

[katandmoon]

46. Same source that got loads of credit for breaking the Sibel Edmonds story

[Medusa]

20. So when is Hillary going to release her income taxes?

Oh right, she's saving that for *after* she gets the nomination. :rofl: :rofl: :rofl: :rofl: :rofl:

[IndianaGreen]

32. They have to get that Saudi sand out of their files

It might make that $5 million that Hillary lent her campaign, with interest, look like laundered money.

[scheming daemons]

23. I can't hear you until Hillary releases her tax returns....

...

[anamandujano]

39. I hope Hillary didn't buy any of that extra Rezko land that they didn't need

but bought with money they didn't have.

[indimuse]

24. posted this before..

his fans don't really care what obamarightneverwrong says or does...

[BeatleBoot]

29. They will realize when

in November, if he's the nominee, and when its a fucking rout, and the Dems are shamed, it all lays directly on their shoulders.

No on elses - their shoulders.

[Redstone]

38. No, nobody cared because it's not worth caring about. But of course, you won't ever consider

that possibility, will you?

Redstone

[tritsofme]

40. In Chicago we are jaded enough to expect this sort of conduct from our politicians.

The Obama crew apparently, just chooses to ignore it.

I don't think the rest of the nation are as jaded as Chicagoans, however Obama's greatest asset may be that McCain is too weak due to his Keating 5 connections to make this an effective campaign issue.

[Barack_America]

42. Wow. That story is as substantive as the McCain NYT article. Actually even less so.

Some guy lends Rezko money so of course it MUST be related to Obama?

No proof whatsoever. What a smear piece.

[KoKo]

52. The RIGHT/ROVE is throwing stuff out there...let's wait and see if this pans out..as true..because

so far ..all that's coming out against Obama seems to be refutable. :shrug:

Better to wait and see..but..I guess it needs to get out, so it can be refuted. :shrug: