HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » No, I am not going to rea...

Mon Mar 13, 2017, 08:31 PM

No, I am not going to reach out to the assholes - reason number 139

Remember this?


In 2005 Obama purchased a new home in the Kenwood District of Chicago for $1.65 million (which was $300,000 below the asking price but represented the highest offer on the property) on the same day that Rezko's wife, Rita Rezko, purchased the adjoining empty lot from the same sellers for the full asking price.[35] Obama acknowledged bringing his interest in the property to Rezko's attention,[36] but denied any coordination of offers. According to Obama, while the properties had originally been a single property, the previous owners decided to sell the land as two separate lots, but made it a condition of the sales that they be closed on the same date. Obama also stated that the properties had been on the market for months, that his offer was the better of two bids, and that Ms. Rezko's bid was matched by another offer, also of $625,000, so that she could not have purchased the property for less.[37]
After it had been reported in 2006 that Rezko was under federal investigation for influence-peddling, Obama purchased a 10-foot-wide strip of Ms. Rezko's property for $104,500, $60,000 above the assessed value.[7][35] According to Chicago Sun-Times columnist, Mark Brown, "Rezko definitely did Obama a favor by selling him the 10-foot strip of land, making his own parcel less attractive for development."[38] Obama acknowledges that the exchange may have created the appearance of impropriety and stated "I consider this a mistake on my part and I regret it."[37]
On December 28, 2006, Mrs. Rezko sold the property to a company owned by her husband's former business attorney. That sale of $575,000, combined with the earlier $104,500 sale to the Obamas, amounted to a net profit of $54,500 over her original purchase, less $14,000 for a fence along the property line and other expenses.[39][40] In October 2007, the new owners put the still vacant land up for sale again, this time for $1.5 million.[41]


Look closely, all verifiable, the Obama's bought a house by outbidding, the seller wanted to close the adjoining property at the same time and did, via a full asking price sale, WITH A BACK UP OFFER AT FULL ASKING PRICE!

Then Obama pays more than market value for an adjoining strip AND later the adjoining property is sold for a small profit.

So, there is really nothing to see.

But the Republicans and Faux News went on and on about the impropriety.

Fast forward to present and the same repukes and the same Faux news anchors are silent on some inexplicable Trump deals.

Fuck them all, they have no morals, they have no ethics, they have no soul.

1 replies, 747 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 1 replies Author Time Post
Reply No, I am not going to reach out to the assholes - reason number 139 (Original post)
rufus dog Mar 2017 OP
dalton99a Mar 2017 #1

Response to rufus dog (Original post)

Mon Mar 13, 2017, 08:34 PM

1. Good example.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread