Golden Boy Corruption, Part 97

terribly early in the morning on Thursday, the 3rd of July 2008 by Capt Jake Fortune

An Ethics Investigation For Obama?  Where is the outrage? 

Obama is just the latest of bigwig Dems caught getting juicy loan deals from lenders they (1) regulate and (2) condemn publicly. Also busted are former prez candidate Chris Dodd, who chairs the banking committee for cryin out loud, and North Dakota Dem Kent Conrad. Those two are the subjects of Senate ethics investigations for their loans.

Will Obama now be added to the investigation. By any reasonable measure, he should be, as the WaPo story presents a pretty clear case that this is a case of Obama benefiting financially from his office. It is not a case of failure to disclose, because the current law does not require electeds to disclose information on real estate loans. Count on that to change soon.

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3 Responses to “Golden Boy Corruption, Part 97”

  1. Katie Says:

    Hmmm, since I’m from New Castle County, and since my county has just (expensively) driven down this road, I’ve heard this one before.

    http://www.delawareonline.com/apps/pbcs.dll/article?AID=/99999999/NEWS/60113018&theme=GORDON-FREEBERY&template=theme

    Freebery had gotten a gift of millions for a home. Gordon was as bad as his mistress. County finally sued. Freebery’s gift suddenly becomes a “no interest” loan. County spends millions. Trial goes to Philly. Philly sees nothing wrong with corrupt politicians. Gordon/Freebery get off almost scott free. Freebery is now suing the county (taxpayers) for her legal bills. Gordon is actually running again….

    So, tell me what Obama did again… Politics as usual.

  2. Katie Says:

    Isn’t it interesting that it has been a couple of days since this story has hit. And, yet I still have not heard it mentioned on any of the major networks.
    And yet, at the same time, they question McCain’s war record.

  3. Tina Says:

    It is funny.. seems anything on Obama just gets washed.. i am hoping there is just a huge laundry party in time for the elections..

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