Obama fundraiser, convicted of fraud, spills beans
Oct 11, 2008
By MIKE ROBINSON
CHICAGO (AP) - Jailed political fundraiser Antoin "Tony" Rezko, the Chicago real estate developer who helped launch Barack Obama on his political career, is whispering secrets to federal prosecutors about corruption in Illinois and the political fallout could be explosive.
Democratic Gov. Rod Blagojevich, whose administration faces multiple federal investigations over how it handed out jobs and money with advice from Rezko, is considered the most vulnerable.
Rezko also was friendly with Obama - offering him a job when he finished law school, funding his earliest political campaigns and purchasing a lot next to his house. But based on the known facts, charges so far and testimony at Rezko's trial, there's no indication there'll be an October surprise that could hurt the Democratic presidential nominee - even though Rezko says prosecutors are pressing him for dirt about Obama.
"I think this strikes fear into the Blagojevich administration and the Statehouse Democrats but not into the Obama campaign," says state Sen. Kirk Dillard, R-Westmont, a John McCain delegate to the GOP convention but an old friend of Obama.
Rezko, 53, a real estate developer, was convicted in June of scheming to use his clout with the Blagojevich administration to squeeze $7 million in kickbacks out of a contractor and seven money management firms seeking to do business with the state.
Within two months, Rezko was seen in U.S. Attorney Patrick J. Fitzgerald's office, along with his attorneys.
There has been no official confirmation that Rezko is talking but his sentencing has been postponed indefinitely and both sides say they are going to "engage in discussions that could affect their sentencing postures."
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Lots to talk about.
Ayers, Rezko, ACORN
Accepted funds from Freddie/Fanny
Failure to Confront Lobbyists
Accepting funds from Gaza and from other foreign sources
Plans to sit down with Iran
Plans to cut the US military
Raise taxes on incomes that would, in large part include small businesses
Fairness Doctrine - Provide liberals time on the radio or be fined
Invade Pakistan if they don't get in line (contrasted with statements that he would work with allies)
So much.
Obama
bad for the US
bad for the world