HowardA Real Estate Deal Gone Bad?
Real Crash- Looking at the Financial System and the War Drive:
Barack Obama
It started as an investigation into an odd real estate deal involving Mr. Obama and Mr. Tony Rezko. Mrs. Rezko bought the garden next door, which satisfied the conditions of the seller that both the house (to Mr. Obama) and the garden (to Mrs. Rezko) were sold at the same time. Later Mrs. Rezko sold Mr. and Mrs. Obama a large portion of the garden. Seems to be just some friendly cooperation, or perhaps also some favors for an up and coming politician?
Now, it seems Mr. Rezko, soon to be on trial in Chicago, Ill., and going down, got a break with a $3.5 million loan or grant from Mr. N. Auchi, an Iraqi billionaire living in the UK. Now it seems that the US press is beginning to dig up some dirt. This latest in from the Washington Times' Bill Gertz:
Gertz cited a 2004 Pentagon report, which described Nadhmi Auchi--the obscure financial angel for Rezko's deals--as a billionaire, "who, behind the facade of legitimate business, served as Saddam Hussein's principal international financial manipulator and bag man.'' Auchi has denied the Saddam ties, and says that his brother was executed by Saddam.
As quoted by Gertz, Auchi was accused in the report of "unlawful activities working closely with Iraqi intelligence operatives to ... arrange for significant theft from the U.N. Oil-for-Food Program to smuggle weapons and dual-use technology into Iraq,'' and to "organize an elaborate scheme to take over and control the post-war cellular phone system in Iraq.''
Furthermore, according to the Gertz account, Auchi was linked in the Pentagon document to British intelligence. Auchi has denied all the allegations in the Defense Department probe, although his links to "former'' top MI6 officials are confirmed by a search of public
records of his companies and the Anglo-Arab Organization he founded.
So, stay tuned for the latest on "Obama-gate." Note, it has been confirmed by friendly sources that such a Pentagon Report on Auchi, and Iraqi cell phone deals, does exist.
randomthoughts
Phil's Wellness Tips
Real Crash
The Political Brief