Monthly Archives: June 2014

Obamacare subsidy enrollees could see substantial increases in 2015, Nine state analysis, Shopping and switching plans may help, Avalere study

Obamacare subsidy enrollees could see substantial increases in 2015, Nine state analysis, Shopping and switching plans may help, Avalere study

“If you like your health care plan, you can keep your health care plan.”…Barack Obama

“If you’ve got health insurance we’re going to work with you to lower your premiums by $2,500 per family per year. We will not wait 20 years from now to do it, or 10 years from now to do it. We will do it by the end of my first term as president.”…Barack Obama

 

“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.

Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

Obama, Valerie Jarrett, the Obama camp are good at what they specialize in, diversions.

The impact of Obamacare has been marginalized by the lack of coverage due to the diversions.

From Kaiser Health News June 26, 2014.

“Health insurance premiums for people with subsidies could increase substantially in some markets – but consumers who shop around may not end up paying more, a new report out Thursday says.

Shopping around may not be as likely, however, under proposed rules also released Thursday by the Obama administration which will automatically re-enroll the vast majority of those who are signed up for plans through the online marketplaces. Automatic re-enrollments might ease the experience, but will also make it less likely consumers will check out other options.

Consumers who choose to would still be able to shop around, the administration said. And the Avalere study shows they should.

The analysis of rates filed in nine states found that as insurers battle for a share of the individual market, some plans that were the low-priced leaders this year are not the least expensive options next year.

Because subsidies through the Affordable Care Act are tied to “benchmark” plans, which are the second lowest-cost silver-tier plans in each market, even those with subsidies could see the monthly amounts they pay change. In most of the states studied, the second lowest-cost plan is changing.”

“If you are a savvy buyer, you could pick a low-cost plan and probably avoid a significant rate increase,” said Caroline Pearson, vice president at Avalere. But those who do nothing may end up paying more.

Here’s how it works: Subsidy-eligible individuals – those who earn between about $11,480 and $45,960 – can enroll in any plan they like. But those who choose plans other than the benchmark silver plans would pay the difference in monthly premium cost, dollar for dollar.

In a hypothetical example cited by Avalere, a 40-year-old consumer who enrolled this year in a $214-a-month benchmark plan paid $58 of her own money toward the premium after the subsidy. But now her insurer plans to raise rates next year to $267 a month. Because other plans have come in lower, her plan is no longer the benchmark. That benchmark plan is now a different one, whose price is $231 a month.

Unless she switches plans, the consumer must now pay the difference. Her income has stayed the same, so her subsidy of $173 a month remains unchanged. But, because her plan is now $36 more than the benchmark plan, her monthly payment rises to $94 for the premium – unless she switches to the lower-cost plan.

Instead of narrowing, as might be expected, the range in premium prices widened from 2014 to 2015, Pearson said.”

Read more:

http://capsules.kaiserhealthnews.org/index.php/2014/06/premiums-for-many-in-the-individual-market-may-change-next-year/

 

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Former FBI agent Chuck Stuber begins NC board of elections voter fraud investigations, Helped to convict former governor Mike Easley, Accountant lawyer and FBI agent deadly combination

Former FBI agent Chuck Stuber begins NC board of elections voter fraud investigations, Helped to convict former governor Mike Easley, Accountant lawyer and FBI agent deadly combination

“It’s pure and simple to try to find out what happened, to try to get to the truth of what happened,” “You do the best you can to establish the truth and then the judicial system takes it from there.”…Chuck Stuber

“On Monday June 23rd, 2008 the SBI initiated an investigation into allegations that employees of the Alamance County Health Department specifically Dr.
Kathleen Shapley-Quinn and Nurse Karen Saxer were knowingly and willingly falsifying patient medical records.”
“At the request of some patients, Alamance County Health Department provided work notes and prescriptions in alias names. Providing these services would assist illegal aliens with maintaining assumed or stolen identities, which may be a violation of state, or federal law. (Identity Theft, Fraud, etc.)”
“Veronica Arias, of Texas, reported on May 2nd, 2008 to the ACSO that someone in Swepsonville, NC had stolen her identity and was using same to be employed.
Maria Sanchez was arrested on May 6, 2008 by investigators of the Alamance County Sheriff’s Office for stealing and using the identity of Veronica Arias.
Sanchez used the name, SSN, DOB, of Veronica Arias who is a living resident of Texas.”…Alamance County NC Sheriff 2008 report

“North Carolina is the latest state featured by Project Veritas in its series on how America’s electoral system is extremely vulnerable to voter fraud. During last week’s North Carolina primary, James O’Keefe and his colleagues demonstrated how easy it is to obtain ballots even if the person has publicly professed not to be a U.S. citizen.”
O’Keefe also tells WND about his group’s visit to the University of North Carolina, where a dean and a program director laugh off confessions of voter fraud and even seem to encourage it. Yet a day later, both officials tell conservatives that voter fraud never happens.”…WND May 15, 2012

 

 

From the Raleigh News and Observer June 28, 2014.
“When Chuck Stuber shows up, politicians are in trouble.

He’s the FBI agent who put handcuffs on former House Speaker Jim Black and former U.S. Rep. Frank Ballance Jr.

He’s the one who booked a top aide to former Gov. Mike Easley and then played a major role in Easley’s felony conviction.”
“Last week, Stuber started work as an investigator at the state Board of Elections, where he will focus on rooting out fraud and campaign violations. He is expected to take up several pending inquiries – into questions of voter fraud, about possible campaign violations by state lawmakers, and an ongoing probe of a major campaign donor in the last statewide election cycle.”
““He wanted to know about you,” Perry told Stuber at the retirement gathering. “He knew immediately the cases you made, many of which, I guess, made it possible for him to be governor.”

Perry supervised Stuber as head of the FBI’s Raleigh office from 2000 to 2005. In an interview, Perry said Stuber was “the complete agent.”

“He would just follow the leads to where they went,” Perry said. “He wasn’t political.”

Stuber said in the interview that what he most enjoys of political investigations is the effort to bring submerged events to the surface.

“It’s pure and simple to try to find out what happened, to try to get to the truth of what happened,” Stuber said. “You do the best you can to establish the truth and then the judicial system takes it from there.””
“Stuber did not have seniority to easily come to Raleigh. He had graduated from N.C. State with a degree in accounting and went to UNC-Chapel Hill for a law degree. He joined the FBI soon after, in 1985.

“That’s a unique combination – an accountant, a lawyer and an FBI agent,” said U.S. Rep. George Holding of Raleigh, a Republican who as U.S. attorney oversaw prosecutions of many of Stuber’s cases. “When it comes to rooting out political corruption crimes, it’s a deadly combination.””
““In the political cases, Chuck always played the good cop, probably because it would be hard for him to even play a bad person,” Cheshire said. “He was a throwback FBI agent, which is a high compliment. Professional, nice, respectful, intelligent and dogged. Without agenda and attitude.””

Read more:

http://www.newsobserver.com/2014/06/28/3969919/meet-former-fbi-agent-chuck-stuber.html?sp=/99/100/&ihp=1

 

 

 

 

Judicial Watch US District Court Hearing July 10, 2014 Lois Lerner IRS emails, IRS failed to notify of lost emails, Judge Emmet G. Sullivan, District of Columbia, Special prosecutor to be appointed

Judicial Watch US District Court Hearing July 10, 2014 Lois Lerner IRS emails, IRS failed to notify of lost emails, Judge Emmet G. Sullivan, District of Columbia, Special prosecutor to be appointed

“Don’t think I want to be on stage with Grassley on this issue.”…Lois Lerner email

“The IRS is clearly in full cover-up mode,” “It is well past time for the Obama administration to answer to a federal court about its cover up and destruction of records.”…Judicial Watch President Tom Fitton

“We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution.”…Abraham Lincoln

 

 
From the New York Observer June 27, 2014.

“BREAKING: Meet Emmet Sullivan, IRS Judge Who Once Sicced a Special Prosecutor on DOJ”

“Earlier today, attorneys for Judicial Watch sought a courtroom status conference “as soon as possible to discuss the IRS’s failure to fulfill its duties to this court under the law, as well as other ramifications of this lawsuit.” It took Judge Sullivan just a few hours to grant the hearing.

Now the IRS will have to talk to Judge Sullivan about all this—and he has the power to do something about it.

Judge Sullivan is the judge who held federal prosecutors in contempt, dismissed an unjust indictment against a United States Senator, and publicly excoriated the Department of Justice. He also had the moral conviction, courage and gumption to appoint a special prosecutor to investigate the Justice Department and the individual prosecutors.

The IRS, the White House, and the DOJ have a lot of explaining to do (and some emails to locate). The Washington Examiner reports that “No mention was made in that production of the lost Lerner emails, even though the original Judicial Watch FOIA lawsuit filed in May 2013 specifically sought them. Judicial Watch further noted that ‘although IRS had knowledge of the missing Lois Lerner emails and of the other IRS officials, it materially omitted any mention of the missing records’ in an April 30 status update on its document production.”

Emmet G. Sullivan, a graduate of Howard University and Howard Law who was appointed by President Clinton, is one of the heroes of my new book, Licensed to Lie: Exposing Corruption in the Department of Justice. Judge Sullivan ordered an independent investigation of the Department of Justice, which revealed its corrupted prosecution of United States Senator Ted Stevens.”

Read more:

http://observer.com/2014/06/breaking-meet-emmet-sullivan-irs-judge-who-once-sicced-a-special-prosecutor-on-doj/#ixzz35u2gbOmu

From Judicial Watch June 27, 2014.
“Federal Court Grants Hearing on IRS Email Destruction to Judicial Watch”

“Judicial Watch today filed a Motion for Status Conference, and within hours was granted a hearing in the United States District Court for the District of Columbia to confer about the emails of Lois Lerner and other IRS officials, which were the subject of longstanding Judicial Watch Freedom of Information Act (FOIA) requests and a lawsuit, and which the IRS now claims to have “lost” (Judicial Watch v. IRS(No. 1:13-cv–1559)). The hearing is scheduled for July 10.

The emails Judicial Watch has sought since May 2013 cover portions of the same period for which the IRS on June 13, 2014, notified the House Committee on Ways and Means were lost or destroyed. Yet, according to the Motion for Status Conference, the IRS failed to notify either Judicial Watch or the court concerning the “lost” emails:

Plaintiff’s FOIA requests and the Committee’s request indisputably seek the same emails of Lois Lerner and the other IRS officials, including Nikole Flax, from January 1, 2010 to the present. Despite the obvious relevance, IRS has still not notified the Court or Plaintiff of the destruction of emails and whether the same issues relating to production of emails of Lois Lerner or the other six IRS officials exist in this lawsuit. Plaintiff only learned of the destroyed records on June 13, 2014, when the news media reported on the existence of IRS’s letter to Congress about the status of the emails.

In May 2013, Judicial Watch submitted four separate FOIA requests for IRS communications concerning the review process for organizations seeking tax exempt status. One of the FOIA requests specifically sought Lerner’s communications with other IRS employees and with any government or private entity outside the IRS regarding the review and approval process for 501(c)(4) applicants from January 1, 2010, to the present. A second request sought communications for the same time frame between the IRS and members of Congress and other government agencies, as well as any office of the Executive Branch. After the IRS failed to provide the information, Judicial Watch filed a FOIA lawsuit on October 9, 2013.

The Judicial Watch Motion for Status Conference contends that its FOIA lawsuit led to the discovery of the “lost” emails:”

 

Read more:

http://www.judicialwatch.org/press-room/press-releases/federal-court-grants-hearing-irs-email-destruction-judicial-watch/

Motion:

http://www.judicialwatch.org/document-archive/motion-status-conference/

 

 

Thanks to commenter cabbyaz.

NAR May 2014 existing home sales report, All but million dollar plus homes sales down, Wealthy propping up US housing market, Housing recovery only for the richest

NAR May 2014 existing home sales report, All but million dollar plus homes sales down, Wealthy propping up US housing market, Housing recovery only for the richest

“For now, the absence of young adults from the housing market continues to put a dent in the homeownership rate, which dropped to 64.8% in the first quarter, compared with 65.2% in the fourth quarter of 2013, according to U.S. Census statistics. The rate was as high as 69.2% in the fourth quarter of 2004. For those younger than 35, the rate has fallen noticeably faster. It slipped to 36.2% in the first quarter, from 36.8% in the fourth. The homeownership rate for this group was as high as 43.6% in the second quarter of 2004.”…Market Watch May 12, 2014

“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.

Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013

“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

 

 

 

From the NAR Summary of May 2014 Existing Homes Sales Statistics.

NAR05-2014-summary-2014-06-23 NARmay2014

http://www.realtor.org/sites/default/files/reports/2014/embargoes/ehs-06-23/ehs-05-2014-summary-2014-06-23.pdf

From Zero Hedge June 23, 2014.

“Guess Who Is Propping Up The US Housing Market”
“Needless to say, what the chart showed was the symptomatic, and schizophrenic, breakdown of US housing into two camps: the housing market for the 1%, those costing $750K and above, where the bulk of transactions are mostly between non-first time buyers, and typically take place as all cash transactions, and the market for “everyone else” which continues to deteriorate.

Moments ago the NAR released its May data, which on first blush was widely lauded as bullish: the topline print came at a 4.9% increase, rising from 4.65MM to 4.89MM, above the 4.74MM expected. Great news… if only on the surface. So what happens when one drills down into the detail? As usual, we focused on the last slide of the NAR breakdown, located at the very end of the supplementary pdf for good reason, because what it shows is hardly as bullish.”
“Housing recovery? Maybe for the richest, and even they are far less exuberant about purchasing $1MM+ mansions. For everyone else, enjoy “plunging” hedonically-adjusted LCD TV prices. Everything else is, well, noise.”

Read more:

http://www.zerohedge.com/news/2014-06-23/guess-who-propping-us-housing-market

 

 

Sheriff Joe Arpaio on Obama forged birth certificate and illegal immigrants, Arpaio remaining sheriff for criminal investigations, Close to forger, 35 percent of Maricopa County illegal immigrants recidivists

Sheriff Joe Arpaio on Obama forged birth certificate and illegal immigrants, Arpaio remaining sheriff for criminal investigations, Close to forger, 35 percent of   Maricopa County illegal immigrants recidivists

“Why has Obama, since taking the White House, used Justice Department Attorneys, at taxpayer expense,  to avoid presenting a legitimate birth certificate and college records?”…Citizen Wells

“Moore said he’s seen no convincing evidence that Obama is a “natural born citizen” and a lot of evidence that suggests he is not.”…Judge Roy Moore interview by WND

“Obama was born in Mombasa, Kenya”...Barrister Michael Shrimpton

 

 

 

From WND June 21, 2014.

“Sheriff Joe closing in on Obama forger”

“In an exclusive interview with WND, Arpaio explained being re-elected as sheriff is just too important, especially with the illegal immigration crisis and certain, “sensitive investigations” still in play.

“I would have had to resign the day I announced I was going to run for governor,” he said. “But I’m not about to abandon my troops. We have a number of highly sensitive investigations ongoing and we have a brand new headquarters building. I still have the Justice Department after me. So, I’m not giving this job up to someone else. I’m sticking around.”

Arpaio also told Rusty Humphries of the Washington Times recently one of those “sensitive” projects was his continued investigation into Barack Obama’s allegedly forged birth certificate.

“If I was the governor, which I turned down a couple of weeks ago because I would have to resign, I’m not going to leave this office to somebody coming in when I have sensitive investigations going, including the president’s birth certificate,” Arpaio said. “I haven’t finished that yet.

“I don’t care where [Obama] was born. That has nothing to do with it,” he continued. “I’m concerned about a forged, fraudulent government document. From Day 1 I’ve been investigating that, now we have to find out who’s behind that. I’m getting close.”

Arpaio also talked to WND about the increased problem of illegal immigration, laying blame for the recent flood of unaccompanied minors crossing the border squarely on the doorstep of the Obama administration.

“The White House does some stupid things, but I don’t think they’re so stupid as to not realize when they flood this area with children there’s going to be controversy,” Arpaio told WND.

“But I think President Obama wanted the controversy in order to justify a presidential executive order or to force Congress to do something about passing immigration reform legislation,” he continued. “President Obama establishes DREAM Act provisions by executive order and puts out word to the media that DHS is getting lax about law enforcement on the border. So all these people from Central America want to send their kids across the border to surrender to Border Patrol because they know they will get a pass.”

But Arpaio told WND he thinks the ploy of the Obama administration to open the border with Mexico to a flood of unaccompanied minors has backfired now because the media is finally picking up on this, especially with the federal government starting to ship these children and teenagers to destinations around the country.”

Read more:

http://www.wnd.com/2014/06/sheriff-joe-closing-in-on-obama-forger/#OWmCURQz2vgzIXdo.99

 

Obama Rezko lot purchase bank still in news, FDIC v Mutual Bank Amrish Mahajan et al, June 16, 2014, Magistrate status hearing and motion hearing, Tony Rezko corruption cronies

Obama Rezko lot purchase bank still in news, FDIC v Mutual Bank Amrish Mahajan et al, June 16, 2014, Magistrate status hearing and motion hearing, Tony Rezko corruption cronies

“Why wasn’t Rod Blagojevich, Governor of IL, prosecuted before Tony Rezko, a businessman?”…Citizen Wells

“Why did Mutual Bank fire whistleblower Kenneth J Connor after he challenged the appraisal on the land purchased by Rita Rezko, just prior to the land sale to Obama?”…Citizen Wells

“I believe I’m more pristine on Rezko than him.”…Rod Blagojevich

 

 

 

Residue from the Obama Chicago pay to play politics centering around Tony Rezko still sticks to the news.

The FDIC case against Mutual Banks officers, president Amrish Mahajan et al is still alive.

Mahajan has been barred from banking.

From the US District Court Northern District of Illinois.

The FDIC lawsuit against Amrish Mahajan, former president of Mutual Bank, et al is scheduled for a magistrate status hearing and motion hearing in the courtroom of Judge Young B. Kim  on June 16, 2014. Mutual Bank loaned Rita Rezko the money for the lot that was purchased by the Obama’s. It is also the bank that fired whistleblower Kenneth J. Conner after he questioned the appraisal of that lot.

Daily Calendar

Monday, June 16, 2014 (As of 06/16/14 at 04:46:56 AM )

Honorable Young B. Kim Courtroom 1019 (YBK)

1:11-cv-07590 Federal Deposit Insurance Corporatio 08:30 Magistrate Status Hearing

1:11-cv-07590 Federal Deposit Insurance Corporatio 08:30 Motion Hearing

http://www.ilnd.uscourts.gov/home/DailyCal/0.htm

From Citizen Wells June 5, 2012.

The Obama camp, with the full cooperation of the mainstream media and US Justice Dept., has done their best to distance Obama from his numerous close corruption ties in Chicago and Illinois. The delayed and dragged out prosecution of Rod Blagojevich with his mutual ties to Tony Rezko, the failure to call Rezko as a witness and the dropping of counts against Blagojevich that are most damning for Obama, is one good example.

With the best attempts to divert attention away from Obama’s corrupt past, the Ghosts of Obama’s Christmas past continue to linger.

From an article written by truthteller and presented on NoQuarter USA on October 12, 2008.

“”Because I tend to rely on evidence and not on hearsay, I believe we should focus our attention on Amrish Mahajan and the Mutual Bank of Harvey, not on Giannoulias and the Broadway Bank, if we are to assign names to the financial institution about which Sneed of the Chicago Sun-Timeshas heard “rumblings.” Although Mahajan is not known to readers ofNo Quarter and to the national media, I imagine they will desire more information on the unscrupulous banker once they read the information I unpack below the fold. And yes, Obama is involved, deeply involved.”

My interest in Amrish Mahajan and the Mutual Bank of Harvey was picqued by this list of contributors in Rezko’s bundling network provided by the Chicago Sun-Times last March. View the second page of the document, and notice the following entry:

Last name First name Obama donations Rezko connection
Mahajan Amrish $2,500 Banker whose bank loaned money to Rezko companies. The bank also loaned Rezko’s wife money to buy a vacant lot next to Obama’s home.

The data available in the Sun-Times spreadsheet is corroborated by the following data, which is democratically available at the Federal Election Commission‘s website:

MAHAJAN, AMRISH
CHICAGO, IL 60607
MUTUAL BANK

OBAMA, BARACK
VIA OBAMA FOR ILLINOIS INC
12/20/2003 500.00 24020030170
04/14/2004 1000.00 24020461757

Not only was Mahajan a member of Rezko’s bundling network; his bank, the Mutual Bank of Harvey, granted Rita Rezko the $500,000 mortgage she neededin order to purchase the lot on which the Obama mansion in Chicago sits. As many of you may recall, the Obamas could not have purchased the mansion they could not afford unless transactions for the mansion and the lot closed on the same day. Obama needed to locate someone who would buy the lot, and he approached Rezko, the convicted slumlord with whom Obama toured the property before they mutually agreed to the following arrangement:

The home and lot sales closed on June 15, 2005. A land trust controlled by the Obamas bought the house for $1.65 million, and the Obamas secured a $1.32 million mortgage from Northern Trust to complete that purchase. That same day, Rezko’s wife, Rita Rezko, bought the side lot for $625,000. A $37,000- a-year Cook County employee, she secured a $500,000 mortgage from Mutual Bank of Harvey.

The structure of this transaction begs the following question: What bank would lend a government employee who earns $37,000 per annum a $500,000 mortgage? What bank would assume such a risk?

The Mutual Bank of Harvey, of course, for the Mutual Bank of Harvey’s President is a man who is deeply connected to the Chicago machine that backed Barack Obama. Indeed, Amrish Mahajan was one of Mayor Daley’s first political appointments in 1989, when he was named to a seat on Chicago’s Plan Commission, where he would be joined by Obama’s former boss and Rezko’s business partner Allison Davis and by Valerie Jarrett, Daley’s Chief of Staff whochaired the Commission from 1991-1995. Mahajan, in other words, worked with those who devised and profited from Daley’s failed public housing experiment in Chicago, a public housing policy Obama helped fund as state Senator and US Senator.

Rezko, according to the Boston Globe, was one of the major beneficiaries of Obama’s legislative advocacy for funding of Daley’s public housing experiment. Other major beneficiaries are Jarrett and Allison Davis. Mahajan was also a beneficiary, for his bank had made $3.4 million dollars in loans to Tony Rezko’s slum landlord business since 2002. A banker for one of the slumlords who benefitted from the Daley housing program Obama helped bankroll, Mahajan was returning a favor when he wrote a $500,000 mortgage in 2005 for the wife of one of his clients. Although Tony’s financial problems were mounting in 2005, and although Rita earned only $35,000 per annum, Mahajan underwrote the mortgage. Favors must be reciprocated, I guess, especially when one can satisfy two parties at once: the person with whom one has a complicated relationship in real estate and the politician who helped finance that complicated relationship as state Senator and US Senator.

I doubt federal investigators are interested in the Mahajans solely for their involvement in the property deal involving Obama, Mahajan and the Rezkos. The Mahajans, I believe, are the foci of their probe for many reasons.

The real estate transaction involving Rita Rezko, the Obamas and Mutual Bank of Harvey is just the tip of the iceberg. Indeed, the Mutual Bank of Harvey seems to be at the center of all the corruption in Chicago. To quote former Donald Perillo, Chicago insurance mogul and son of the lawyer for Al Capone, in the Chicago Tribune article I cite above:

Donald Parrillo said he isn’t surprised to see Mahajan mix it up with politics and business. “He got that attitude from the Parrillo family,” the former alderman said. “He wanted to get in the game.”

And Mahajan certainly is in the game. The banker of the Chicago machine, he is also the man who wrote the mortgage for Rita Rezko that facilitated Obama’s purchase the mansion he could not afford. This is why I believe prosecutors are interested in Harvey Mutual Bank. Not only did Rezko receive loans from this institution; this bank is heavily involved in problematic real estate dealings involving Blagojevich and Obama. And if I may quote Rezko in the 9 JUN letter he wrote to Judge Amy St. Eve:

Your Honor, the prosecutors have been overzealous in pursuing a crime that never happened. They are pressuring me to tell them the “wrong” things that I supposedly know aboutGovernor Blagojevich and Senator Obama. I have never been party to any wrongdoing that involved the Governor or the Senator. I will never fabricate lies about anyone else for selfish purposes. I will take what comes my way, but I will never hurt innocent people. I am not Levine, Loren, Mahru , or Winter.”

Rezko is now talking, and prosecutors are presently interested in a politically connected financial institution. I bet Obama now regrets paying Rita Rezko $104,500 for the strip of the land in the lot on which his house sits in January 2006. Acquired with the assistance of a questionable $500,000 mortgage from Amrish Mahajan’s Mutual Bank of Harvey, this lot and Obama’s desire to expand his yard by bit was the catalyst for all the investigative reports into Obama’s deep ties to Rezko. By the way, Rita’s lot is only accessible through the front gate of Obama’s home; it is not a separate property, and it was never intended to be a separate property.

“It was a mistake to have been engaged with him at all in this or any other personal business dealing that would allow him, or anyone else, to believe that he had done me a favor,” Obama says of the real estate transactions with Rezko. I wonder if now he also believes it was a mistake for him to serve as the legislator who represented and bankrolled Richard Daley, Amrish Mahajan, Valerie Jarrett, Allison Davis and the Chicago Plan Commission. But at least he and Michelle have a house, a house the Mutual Bank of Harvey, the politically connected bank that wrote loans for Rezko, helped them procure in 2005. Too bad that house will be the end of Barack Obama.

obama-home.jpg

http://www.noquarterusa.net/blog/5382/about-the-financial-institution-mentioned-in-the-sun-times-obama-tony-rezko-amrish-mahajan-the-kenwood-mansion-rita-rezko/

From Citizen Wells November 1, 2011.

“Here is what we know about the purchase of a lot by Barack and Michelle Obama from Rita Rezko in 2006:

1. “In June, 2005, Mutual Bank President and CEO Amrish Mahajan and
other Mutual Bank officers approved a loan to Rita Malki Rezko (Rita
Rezko) which was guaranteed by Antonin Rezko so that Rita Rezko could
purchase a 9,090 square foot vacant parcel of real estate at 5050 S.
Greenwood Avenue, Chicago.” (Conner lawsuit)

2. “On or about January 4, 2006, Rita Rezko entered into an
agreement with Senator Barack and Michelle Obama (Obamas) to sell a
ten-foot strip of the 5050 S. Greenwood property to the Obamas.”
(Conner lawsuit)

3. “In late 2005 or early 2006, Conner performed an appraisal review
of the Adams Appraisal (Exhibit C) per the directive of Richard Barth
and James Murphy. Conner prepared a written Appraisal Review report
(ARR) opining that the Adams Appraisal overvalued the Greenwood lot by
a minimum of $ 125,000.00 and that a reasonable and fair valuation for
Mutual Banks’s underwriting purposes should be no greater than $
500,000.00 for the entire 5050 S. Greenwood parcel as originally
purchased by Rita Rezko.” (Conner lawsuit)

4. “On or about October 19, 2006, Mutual Bank received a Grand Jury
Subpoena (GJS) requiring Mutual Bank to produce the Rezko 5050
Greenwood loan file, as well as a Rita Rezko Riverside District
Development LLC checking account and loan file.” (Conner lawsuit)

5. “In October, 2007, Conner had various communications with Mutual
Bank’s Human Resources Department representative, Lana Schlabach. In
an email communication of October 15, 2007, Conner directly referenced
“Resentment over my mentioned discovery of the removal/replacement of
an appraisal review that I conducted. That appraisal review contained
substantial observations and suggestions. The transaction and parties
involved were high profile in the media.I am under the impression that
the FBI has since looked at the file.”” On October 23, 2007, eight days after Conner’s October 15, 2007 email to Schlabach attached as Exhibit J, Mutual Bank terminated Conner’s employment for pretextual reasons.” (Conner lawsuit)

6. “On October 23, 2007, eight days after Conner’s October 15, 2007
email to Schlabach attached as Exhibit J, Mutual Bank terminated
Conner’s employment for pretextual reasons.” (Conner lawsuit)

7. The FDIC has filed a lawsuit against Mutual Bank, Amrish Mahajan, Richard Barth, et al.”

https://citizenwells.wordpress.com/2011/11/01/fdic-mutual-bank-lawsuit-reveals-rezko-obama-corruption-kenneth-j-conner-lawsuit-amrish-mahajan-richard-barth-where-did-rezkos-get-the-money/

From ABC News Chicago August 22, 2011.

“Anita Mahajan, a Chicago businesswoman with ties to former governor Rod Blagojevich, pleaded guilty to bilking the state of Illinois by submitting bogus bills.

“I’m sorry,” Mahajan said in court Monday while pleading guilty to felony theft for pilfering about $100,000 in taxpayer money through her drug-testing company, K.K. Bio-Science. That company is now defunct.

The 60-year-old received four years of probation, agreed to pay $200,000 in fines and perform 1,500 hours of community service.

Mahajan’s husband, Amrish, was a banker and significant fundraiser for Blagojevich. Also, Blagojevich’s wife, Patti, made more than $100,000 in commissions handling real estate deals for the Mahajans in 2006, which caused a stir in the Blagojevich re-election campaign. The following year, Mahajan was charged with cheating the state of out of $2 million for drug tests that were never performed.

“People of this state were being cheated,” Dick Devine said in 2007 when he was the state’s attorney while announcing a seven-count indictment against Mahajan. The attorney general sued to recover the state’s lost money.

Four years later, Mahajan pleaded guilty to a single, reduced charge of theft instead of the felonies that would have sent her to prison for at least six years.

“Anita Mahajan is another example of the collateral damage that’s been left in the wake of the Rod Blagojevich Tsunami,” Steve Miller, Mahajan’s attorney, said.””

http://abclocal.go.com/wls/story?section=news/local&id=8320596&rss=rss-wls-article-8320596

From the FDIC lawsuit against Amrish Mahajan, et al.

“6. The Director Defendants also wasted corporate assets and drained the Bank’s capital by…(c) authorizing $ 495,000 in “bonuses” to pay for the criminal defense costs for the Defendant Amrish Mahajan’s wife who was indicted for Medicaid fraud”

“32. The Director and Officer Defendants failed to establish procedures that would have lessened the risks of the Bank’s improvidant lending practices. The terms of transactions were not accurately documented. Status reports were missing so that records of how an asset was progressing were not available. Terms of loans were changed at closing without board or loan committee approvals or any rcord in the file. Loan guarantees were frequently missing from the files. Appraisers were retained by brokers with an interest in seeing transactions consummated, not by the bank. Appraisals were often received after the loan was funded. Loans were typically non-recourse and dependent on guarantor abilities to repay in the event that the collateral was insufficient. Yet, little or no attention was paid to whether guarantors had sufficient liquidity to protect the Bank’s interest; the officers and the Board did little or no analysis of guarantor or borrower financial strength.”

http://www.courthousenews.com/2011/10/26/FDIC.pdf

From the Washington Times November 4, 2008.

“A former Illinois real estate specialist says FBI agents have questioned him about a Chicago property that had been bought by convicted felon Tony Rezko’s wife and later sold to the couple’s next-door neighbor, Sen. Barack Obama.

The real estate specialist, Kenneth J. Conner, said bank officials replaced an appraisal review he prepared on the property and FBI agents were investigating in late 2007 whether the Rezko-Obama deal was proper.

“Agents and I talked about payoff, bribe, kickback for a long time, though it took them only a short number of minutes of talking with me while looking at the appraisal to acknowledge what they already seemed to know: The Rezko lot was grossly overvalued,” Mr. Conner told The Washington Times Monday.

“Rezko paid the asking price on the same day Obama paid $300,000 less than the asking price to the same seller for his adjacent mansion,” he said. “This begs the question of payoff, bribe, kickback.””

http://www.washingtontimes.com/news/2008/nov/04/fbi-asked-questions-on-rezko-land-deal/

Obama’s Rezko problem is not going away.

 

 

 

 

H. Brooke Paige V State of Vermont petition for rehearing, June 13, 2014, Obama eligibility, US Supreme Court, Obama not natural born citizen, Question of eligibility not moot

H. Brooke Paige V State of Vermont petition for rehearing, June 13, 2014, Obama eligibility, US Supreme Court, Obama not natural born citizen, Question of eligibility not moot

“Moore said he’s seen no convincing evidence that Obama is a “natural born citizen” and a lot of evidence that suggests he is not.”…Judge Roy Moore interview by WND

“Why does a judge swear to discharge his duties agreeably to the
constitution of the United States, if that constitution forms no
rule for his government? if it is closed upon him, and cannot be
inspected by him?”… Marbury versus Madison

“Why has Obama, since taking the White House, used Justice Department Attorneys, at taxpayer expense,  to avoid presenting a legitimate birth certificate and college records?”…Citizen Wells

 

 

H. Brooke Paige has filed a motion for rehearing with the US Supreme Court.

“The election of President Barack Obama does not render the question of his eligibility moot. In addition to the authorities cited by petitioner in the petition for a writ of certiorari, these authorities also demonstrate that the passing of the election and that Mr. Obama will not run in the future does not render this case moot”