Full bottle in front of me

Diogenes with His Lantern

BJinChicago concluded his recent post at Partizane with the following:

Jerome R. Corsi at World Net Daily has also been exploring the Rezko/ Obama real estate story (http://www.wnd.com/index.php?fa=PAGE.view&pageId=84101) and shares what he has found out about the Obama house and Miceli at the Cook County’s Assessor’s Office. Corsi brings up the name of Kenneth Conner. Conner is suing the Bank of Harvey over his dismissal, which occurred after Conner questioned the Obama/ Rezko adjacent lot appraisal submitted by Rezko, which Conner deemed to be fraudulently high.

So what’s up with Patrick Fitzgerald? Chicagoans are beginning to whisper that he too has played B-Ball with Obama at a Chicago gym. Like Diogenes with his lantern, I seek an honest man….

Anyone who cites the lying wingnut scumbag Jerome Corsi as a reputable source isn’t going to need a lantern to find “an honest man,” they’re going to need a full frontal lobotomy.

Posted by Kevin K. on 01/03/09 at 12:37 PM • Permalink

After reading through all that I am still scratching my head trying to figure out just what they are trying to “expose”.  Scandal 1:  ZOMG Rezko’s lawyer owns Obama’s house!?  What’s going on?  Does Obama pay rent or what?  Fact 1:  Obama’s house is owned by a trust he set up.  There are a great many reasons you might wish to purchase the family residence in a trust - if you’re a politician privacy would be a big one.  Estate planning and asset protection planning are others.  When homes are held in trust the name of the trustee is normally listed as the “owner”.  It’s a good assumption that the lawyer who has done legal work for Rezko is also the trustee of the real estate trust.  Scandal 2:  ZOMG Obama paid more than market value for the house!  This conferred some kind of huge, unexplained benefit on him!  Fact 2:  Overpaying for a house confers a benefit on the seller - you get screwed.  In this case the house had historic designation and Michelle really, really wanted it.  And the sellers weren’t going to go any lower.  Obama would not be the first person to overpay for a house in similar situations.  Scandal 3:  ZOMG Obama did the deal with Rezko’s wife!  Fact 3:  Obama came completely clean on this whole deal over two years ago in an extensive interview with the Chicago Sun Times.

I don’t know where they think they are going with this - best stick to the COLB.  It’s got a better chance of getting them somewhere.

not to be confused with the great NY poet Gregory Corso!
http://www.litkicks.com/Texts/Marriage.html

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