Connect with us
Obama's support for slumlords proves that his claim to be a "reformer" is a great lie.

archive

Day 3: Obama the Slumlord Senator

Obama’s support for slumlords proves that his claim to be a “reformer” is a great lie.

During his time in Illinois, some of Barack Obama’s most important donors and fundraisers were slumlords, including convicted felon Tony Rezko, who lined their pockets with taxpayers’ money from public projects Obama pushed through the legislature.

In his new book, The Case Against Barack Obama, journalist David Freddoso exposes Rezko and other Obama cronies who financed Obama’s political career, contributing several hundred thousand dollars to his campaigns, while Obama helped funnel government subsidies to these Chicago slumlords to help them build low-income housing.

So what did the Illinois taxpayers get out of these deals?

* Allison Davis, Obama’s former law firm boss, built several slums which were famous for the chronic plumbing failures that caused sewage to back up into residents’ sinks.  Obama actually wrote letters to city and state officials supporting a bid by Rezko and Davis to get $14.6 million from the taxpayers to fund housing for seniors.

* Cecil Butler, another Obama donor, had one of his apartment complexes confiscated by the government when city inspectors found over 1,800 code violations.

* Valerie Jarrett, an Obama fundraiser and advisor, was the chief executive of a company that managed a housing complex that became so run-down it was seized by the federal government.

* Tony Rezko’s housing company, Rezmar, raked in more than $100 million in loans from the city, state and federal government to fix up 30 Chicago buildings for low-income housing.  All of the buildings have failed financially:  As of 2007, 17 have gone into foreclosure, and 6 have been boarded up.  Meanwhile, the city of Chicago has sued Rezmar at least a dozen times for failing to heat its buildings.

Obama’s support for slumlords and corrupt developers proves once again that his claim to be a “reformer” is, as author David Freddoso points out, a great lie.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

HUMAN EVENTS is the news source President Reagan called his "favorite newspaper" and we still hold high the Reaganesque principles of free enterprise, limited government and, above all, a staunch, unwavering defense of American freedom. You can also follow Human Events on FACEBOOK. Click Here to Become a Fan:

Click to comment

Leave a Reply

Your email address will not be published.

Advertisement
Advertisement

TRENDING NOW:

Photo of Bill Kristol by Gage Skidmore Photo of Bill Kristol by Gage Skidmore

Kristol Looks For Dem Support to Oust Trump.

U.S. POLITICS

Duke Prof: Islam Has ‘Clear Emphasis on the Sanctity and Dignity of Human Life’

FOREIGN AFFAIRS

Willem van Sprouse Antifa Willem van Sprouse Antifa

ICE Detention Center Attacker Was Antifa Activist.

U.S. POLITICS

Beto Is Using His Slave-Owning Ancestry.

U.S. POLITICS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter