Chicagoland Dirty Politics: Obama Stumping for Gangster Alexi Giannoulias

Anybody catch Obama stumping hard the past couple of days for the mobster and Blagojevich racketeering Alexi Giannoulias running for Senate in Illinois? Obama has no shame, so secure is he in the corruption of Illinois. How is the race between this thug and Mark Kirk even close? Atlas readers know Giannoulias, Rezko conspirator, here.

Here's more on Obama's mob tie sidekick -- Alexi Giannoulias, who became Illinois state treasurer last year after Obama vouched for him, has pledged to raise $100,000 for the senator's Oval Office bid. (hat tip Cathy)

"We believe Giannoulias’ banking experience will help him bring creative money management ideas to the treasurer’s office.”

Obama's voice over on Giannoulias's website here.

Big story about to break, we are one step closer to Rezko giving Obama up to federal prosecutors

Barack Obama will serve a prison sentence in the next few years — because knowing Fitzgerald, there is no reason he would be going through all of this if that was not the targeted goal in the long term.

(1) Michael Sneed in her Sun Times column 10/10/08 had the following tidbit:

Sneed hears rumbles political fund-raiser/fixer Tony Rezko, who is now singing sweetly to the feds from his cell at the Metropolitan Correctional Center, has been talking about his “dealings” with a Chicago bank, which has political connections.

(2) We just spoke with someone well-connected in Chicago politics who told us that the bank Sneed is talking about has to be Broadway Bank, which is owned by the politically-connected Giannoulias family. We were told that Sneed’s column confirms rumblings people we know heard independently that Tony Rezko is giving up the Giannoulias family to Patrick Fitzgerald — Rezko and the Giannoulias family are as close and tied together as anyone in Chicago could be. If Rezko is turning on them, then Rezko is going to give up Governor Rod Blagojevich and Obama too.

We don’t want to end up in cement shoes for implying anything here, but if you live in Chicago for any length of time, you hear rumors about Broadway Bank, the Giannoulias family, and insert Tony Soprano references here. Kapeech?

(3) So, Rezko is singing about the Giannoulias family and its longtime “business dealings” in Chicago, which would interest someone like Fitzgerald and the Justice Department, who have had a long ambition to crack Soprano-style business dealings in Chicago (the city known for Al Capone hasn’t changed much, really). The next plate to drop in this will be Fitzgerald then leaning on the Giannoulias family to give up someone bigger than them, who Fitzgerald once discussed in terms of hoping “he has the morals to do the right thing”, to paraphrase. We now believe that person Fitz was talking about is Barack Obama.

(4) The Giannoulias family was involved with Obama as far back as his first state senate campaign in 1996. It has been long rumored here in Chicago that Obama obtained a sweetheart deal on his first town home here in Chicago — which he could not have afforded otherwise — and guess who the financing came from for that house? We’ve been told it was Broadway Bank, the Giannoulias bank. Now, this sets up a scenario where the Giannoulias family helps Obama with his campaign finances and gets him deeper in their pocket with his sweetheart mortgage deal (for the first home he owned that he could not afford) – all in exchange for quid pro quo to be determined later.

(5) One favor political Chicago claims Obama did for the Giannoulias family was in 2006 when, out of the blue, 29 year old Alexi Giannoulias, with no experience, and without ever having voted before, decides to run for State Treasurer of Illinois. Also out of the blue, Barack Obama endorses Alexi Giannoulias for State Treasurer. This was a SHOCK to everyone in Chicago — and Giannoulias would have never become State Treasurer without Obama’s help. In political circles here, it has always been believed that this endorsement was bought years ago with that sweetheart mortgage deal Broadway Bank arranged for Obama to buy his town house.

(6) So, the Tony Rezko sweetheart deal was not the first magic home loan Obama ever received to buy a house he could not afford.

There’s more to this that looks like it will break soon.  We were STUNNED when we read Sneed’s column because we never in a million years believed Fitz would actually be able to take down Obama.

We do not believe this will come out before the election, however, but we do believe Fitzgerald will continue his prosecution to the highest level, because that is what he does. Jean Valjean got off easy, compared to what it’s like to be in the crosshairs of perhaps the greatest prosecutor this nation has had in a generation. Patrick Fitzgerald is a force of nature.

Sneed’s clue can only mean Broadway Bank…we’ve now heard this from several people in Chicago. And Broadway Bank can only mean Giannoulias.  And Giannoulias leads to Obama through that town house home loan and the quid pro quo political endorsement several years later. And that home loan ties back to Rezko, in that it was the first of two shady home buys Obama made with quid pro quos attached to them.

Just thinking that last paragraph out, Obama’s defense in the Rezko business was that he never did anything for Rezko so there was no quid pro quo.  What the Giannoulias and Broadway Bank stuff proves is that Obama sits in people’s pockets for a while before the favor is given. He bought that town house sometime between 1997-2000 or so, since he lived there for a few years before trading up to the Obama Mansion with Rezko’s help in 2005, after he was in the United States Senate. And it looks like the payback was not given to the Giannoulias family until 2006, with Obama’s endorsement of Alexi Giannoulias for State Treasurer.

More Atlas on Alex here.

Boiling down a complex blog entry by P.U.M.A. pundit, Tony Rezko used Alexi Giannoulias bank to float $450,000 in bad checks, while campaigning for Alexi’s brother Demetris to be placed on the Illinois Finance Authority Board.

Demetris Giannoulias was on the Board at the Crossroads Fund, a Chicago Based left wing organzation supported by Bill Ayers, Bernadine Dohrn and Barack Obama, which made grants to such stellar organizations as ACORN and other affordable housing swindlers.

In 2002, Rezko borrowed $10.5 Million from Broadway Bank, the Giannoulias family bank, the same bank where Barack Obama kept his Senate campaign funds. In 2006, Sen. Obama endorsed Alexi Giannoulias for Illinois State Treasurer, and gives Sec. Giannoulias a slot to speak at the Democratic National Convention.

Glad to see all these upstanding folks able to work so well together, too bad that Rezko doesn’t want to serve time, and holds quite a bit of information about the Chicago Political Establishment that may be interesting to the Feds.

Read More of Feds and Rezko Piecing together Ayers, Giannoulias, Obama off-site...

Comments

[www.facebook.com/profile.php?id=777439172]

i use to be a beliver in the state of illinois,no more!i got suspicious,when my brother got killed in rockford.think about it!byrom nueclar plant.you didnt think i would just go away like that did you?what a fool!ok,i may be a little bit uneducated,but i know the state of illinois didnt do their duty.the union at edison electric didnt do their duty.of course i can never win this arguement,i dont have the recorses to fight you.if i had the recorces,i would declare a state of feud,between my family and edison electric.

[Richard 2]

That is Chicago, it never has been clean and probably never will all that can be done is pray you can put a few of them in the pen every now and then. What I find interesting is the bit about Obama spending the next few years in the pen, that would be nice if it could be arranged.

[Paul Mlckovsky]

Giannoulias is going down . especially after the absentee ballot screw - up in / around cook county . OH should be very good . Kasich should win by at least 6 to 8 points , and the rest (with Portman ' s likely blowout win) should sweep . Driehouse is a dead duck . Ditto Kilroy (definitely is not here [Ha ! Ha !] . Boccieri should go , district is more heavily Republican than most realize (it was Ralph Regula ' s old seat ) . Wilson is in a slow but steady freefall . Space will not be easy . he should fall , but it may be very close . Kucinich , well , maybe , but it would require .... a very bad turnout day in Cuya Cty , and .... good turnout in GOP areas .

[Mac-101]

If the REpugs don't start a major investigation into ALL this curroption, then we need to throw em out in 2012 and find some people who will!

[elvis]

Obama, a Saudi Plant?
Must see video!

[elvis]

B U S T E D !

[Richard]

I would just love to see Obama in handcuffs. I would frame the photo and hang it in a place of prominence in my home.

-Rick

[karl anglin]

Birds of a feather flock together!