"Yikes! I Might Be...Militia!"
Drudge reported tonight that Illinois Sen. Barack Obama appears to have what Bob McCarty Writes would call a “Hillary streak” in him.
In much the same way as New York Sen. Hillary Rodham Clinton used friends to obtain “sweetheart” deals in the cattle futures arena (see previous post), Drudge says the New York Times will report the following story on Page One tomorrow:
“Less than two months after ascending to the U.S. Senate, Barack Obama bought more than $50,000 worth of stock in two speculative companies whose investors included some of his biggest political donors.”
One of the companies involved, according to the Times source, was a biotech concern involved in development of a bird flu treatment. Coincidentally, Obama began a push for more federal funds to battle the disease just two weeks after making his suspect investments.
With these questionable investments coming out so early in the campaign, one wonders whether this is a planned set up of the junior senator from Illinois by The Clinton Political Machine. It comes barely two weeks after a Chicago Tribune story detailed a December 2006 real estate deal between Obama and Antoin “Tony” Rezko, a man who was indicted in a state government kickback scandal and in an alleged business fraud in October 2006.
Obama will likely deny any wrongdoing, plead ignorance or both in typical liberal Democrat fashion. Such actions on his part solidify Obama’s spot on the roster of the WARNING LABELS ON POLITICIANS campaign which calls for warning labels on all advertising, literature and signage related to the campaigns of politicians in the 2008 presidential race.
12 responses so far ↓
1 Barack and Hillary Prove ‘Strange Bedfellows’ « Bob McCarty Writes // Jun 26, 2007 at 8:56 am
[...] more details about Senator Obama’s shady real estate deal, see Another Scandal in Obama’s House, a post published March 6 at Bob McCarty [...]
2 john courtney // Feb 9, 2008 at 3:46 pm
Obama. when is someone going to talk about Obama financial campaign chairman – Penny Pritzker, that cost the Federal Government – taxpayers one billion dollars. when Superior Bank failed, and 450 million dollars still owed to the FDIC – and they gave her 15 years to pay back – no interest, if Obama get elected is he going to waive this money owed, all the people the work so hard for there money Obama talks about, hundreds of them, lost there money at Superior Bank, Ms. Pritzker is the only one that made out on that deal.
check the internet on Superior Bank Failure 2001
3 hotoffthepress2 // Feb 9, 2008 at 4:10 pm
john courtney — I’m not terribly familiar with the matter, but did find an article. which seems to contradict — at least in part — your claims above. As a result, I’m not going to tackle that one. Thanks anyway!
4 john courtney // Feb 10, 2008 at 1:30 pm
hotoffthepress2 – I clicked on your article – US Today nothing there…. Show me what you read to contradict…
5 hotoffthepress2 // Feb 10, 2008 at 2:45 pm
John — Believe it or not, it appears USA Today has pulled the article down and I can’t explain why. As I recall, there was much dispute over the amounts involved and who was to blame. The Pritzker family even won a settlement from their accounting firm over the bank’s failure. Who to believe? Who knows, but I’m gonna have to trust my instincts and pass on this one. Thanks anyway.
6 bob f // Feb 14, 2008 at 9:00 am
For more info on the involvement of the Obama campaign’s National Finance Chair in the 2001 Superior Bank S&L Scandal (after this bank engaged in subprime mortgage lending and predatory lending practices), you might want to check the Nov. 8, 2002 article, “Breaking The Bank,” that appeared in In These Times. Following is the link to this article:
http://www.inthesetimes.com/article/671/
7 hotoffthepress2 // Feb 14, 2008 at 9:14 am
bob f — Thanks for providing the link. I’ll let readers check it out and judge for themselves.
8 Obama Finance Chair Tied To Subprime Scandal // Feb 14, 2008 at 11:54 am
[...] in a state government kickback scandal and in an alleged business fraud in October 2006 (see Another Scandal in Obama’s House for details), the selection of an individual once up to her eyeballs in a costly subprime lending [...]
9 john // Feb 18, 2008 at 11:58 am
Mr. McCarty. Thanks for your interest and passing on this on to Bobf -regarding the Pritzker Superior Bank Failure. I was not aware of some of this information that he found regarding the time frame between the investigation of the Superior bank failure and the grooming of Mr. Obama by Penny Pritzker. ( very interesting )
I find it amazing that someone that ruined the lives of 1406 bank depositors has been working as a financial campaign chairman for the most honored postion and respected office in AMERICA.
Mr. Obama talks about THAT DREAM for the American people, 1406 depositors and the hundreds of people that had to stand in block long lines to only find out THAT DREAM was now only a NIGHTMARE. I stood in those lines for hours and witnessed many different age groups but mostly older and elderly people, one man in his 80’s sitting on the curb in front of the bank crying.
After all the devastation this bank failure caused not only to the depositors, but making the taxpayers pay for the LARGEST BANKRUPTCY IN BANKING HISTORY in 2001. Caused by the one of the WEALTHIEST FAMILIES IN AMERICA. .
We always hear about taxes and that everyone should pay their equal share and responsibly, including large corporations, and the wealthy. What portion of the SUPERIOR BANK FAILURE and one of the WEALTHIEST FAMILY IN AMERICA PAY.
This was passed on to the Federal Government the TAXPAYERS.
It’s a amazing that someone that ruined the lives of 1406 bank depositors, this will certainly always be a CHANGE they will never forget or the DEVASTATION this it caused.
THE GREAT DEPRESSION OF THE 1930’s
that happen in 2001.
10 hotoffthepress2 // Feb 18, 2008 at 12:24 pm
Bob F and John — In case you haven’t seen my more-recent post on Obama’s national finance chair, click here.
11 Obama, Clinton Face Possible Court Dates // Mar 5, 2008 at 1:39 pm
[...] Case in point #1: There’s a strong possibility that Democrat presidential candidate Barack Obama will be called to testify under oath about his relationship with Antoin “Tony” Rezko, a Chicago businessman facing trial on multiple corruption charges. Obama’s relationship with Rezko was featured in a March 6, 2007, post, Another Scandal in Obama’s House. [...]
12 Regulation…who did what and when? « Mcnorman’s Weblog // Sep 16, 2008 at 1:12 pm
[...] Courtney, commenting in March 2007 at Bob McCarty’s BMW blog, asked … when is someone going to talk about Obama financial campaign chairman – Penny Pritzker, [...]
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