Tag Archives: Where is House Judiciary Committee?

Daniel Frawley Tony Rezko sentencing, November 21 and November 22, 2011, Companion Security partners, Obama investigation witnesses, Fall guys or deals, Where is House Judiciary Committee?

Daniel Frawley Tony Rezko sentencing, November 21 and November 22, 2011, Companion Security partners, Obama investigation witnesses, Fall guys or deals, Where is House Judiciary Committee?

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

“I’m assuming the information is about the payments made by Rezko to Obama, so we know we’re talking about the right conversation, right?” …Attorney Daniel Konicek, Frawley Deposition

“I just think it’s very, very disturbing that we have these pay-to-play allegations going on for years.”…Patrick Fitzgerald

Next week Daniel Frawley and Tony Rezko are scheduled to be sentenced. Frawley on Monday, November 21 and Rezko on Tuesday, November 22. Both have information about Obama shady dealings. Both were partners. Both should be witnesses in an Obama investigation.

Next week we will learn if Tony Rezko is the fall guy in Operation Board Games. Set up to protect Obama. Why wasn’t Rod Blagojevich prosecuted first? Why wasn’t Tony Rezko sentenced earlier? Rezko was never called as a witness.
We have a corrupt US Justice Department, with a corrupt prosecutor, Patrick Fitzgerald, headed by a corrupt Attorney General, Eric Holder, headed by a corrupt occupant of the White House, Barack Obama.

We have little if any checks and balances left.

Where is the House Judiciary Committee?

From the  House Judiciary Committee website.

About the Judiciary Committee
The jurisdiction of the The House Committee on the Judiciary as follows:

1.The judiciary and judicial proceedings, civil and criminal.
2.Administrative practice and procedure.
3.Apportionment of Representatives.
4.Bankruptcy, mutiny, espionage, and counterfeiting.
5.Civil liberties.
6.Constitutional amendments.
7.Criminal law enforcement.
8.Federal courts and judges, and local courts in the Territories and possessions.
9.Immigration policy and non-border enforcement.
10.Interstate compacts generally.
11.Claims against the United States.
12.Members of Congress, attendance of members, Delegates, and the Resident Commissioner; and their acceptance of incompatible offices.
13.National penitentiaries.
14.Patents, the Patent and Trademark Office, copyrights, and trademarks.
15.Presidential succession.
16.Protection of trade and commerce against unlawful restraints and monopolies.
17.Revision and codification of the Statutes of the United States.
18.State and territorial boundary lines.
19.Subversive activities affecting the internal security of the United States.

Committee Members

Republicans
Hon. Smith Chairman (R) Texas, 21st

Hon. Sensenbrenner Jr. (R) Wisconsin, 5th

 Hon. Coble (R) North Carolina, 6th

 Hon. Gallegly (R) California, 24th

Hon. Goodlatte (R) Virginia, 6th

Hon. Lungren (R) California, 3rd

Hon. Chabot (R) Ohio, 1st

Hon. Issa (R) California, 49th

Hon. Pence (R) Indiana, 6th

Hon. Forbes (R) Virginia, 4th

Hon. King (R) Iowa, 5th

Hon. Franks (R) Arizona, 2nd

Hon. Gohmert (R) Texas, 1st

Hon. Jordan (R) Ohio, 4th

Hon. Poe (R) Texas, 2nd

Hon. Chaffetz (R) Utah, 3rd

Hon. Griffin (R) Arkansas, 2nd

Hon. Marino (R) Pennsylvania, 10th

Hon. Gowdy (R) South Carolina, 4th

Hon. Ross (R) Florida, 12th

Hon. Adams (R) Florida, 24th

Hon. Quayle (R) Arizona, 3rd

Hon. Amodei (R) Nevada, 2nd
  
Democrats
Hon. Conyers Jr. Ranking Member (D) Michigan, 14th

Hon. Berman (D) California, 28th

Hon. Nadler (D) New York, 8th

Hon. Scott (D) Virginia, 3rd

Hon. Watt (D) North Carolina, 12th

Hon. Lofgren (D) California, 16th

Hon. Jackson Lee (D) Texas, 18th

Hon. Waters (D) California, 35th

Hon. Cohen (D) Tennessee, 9th

Hon. Johnson (D) Georgia, 4th

Hon. Pierluisi (D) Puerto Rico, Resident Commissioner

Hon. Quigley (D) Illinois, 5th

Hon. Chu (D) California, 32nd

Hon. Deutch (D) Florida, 19th

Hon. Sánchez (D) California, 39th

http://judiciary.house.gov/index.html

Daniel Frawley deposition and testimony could lead to Obama arrest or investigation, Ulsterman White House Insider report, FDIC vs Mutual Bank, Where is House Judiciary Committee?

Daniel Frawley deposition and testimony could lead to Obama arrest or investigation, Ulsterman White House Insider report, FDIC vs Mutual Bank, Where is House Judiciary Committee?

On March 9, 2011, Ulsterman reported the following White House Insider report.

“You said earlier that Obama was more confident these days though…

He is.  Pelosi backed off.  Issa appears to have done the same.  Holder is holding the line.  Information coming out of Chicago is still being limited – clamped down upon.  That doesn’t mean they aren’t nervous.  They are.
 Watch the Blagojevich thing – the trial.  The deal to be made.  Where there’s smoke, there’s fire.  And what happened to Rezko?  That’s part of the same deal.  A company called Companion Security…Blago, Rezko, the Feds.  It’s all brewing – maybe boiling over?  Of course the national media is burying all of this.  Most of it – that’s partly why we gotta back off.  The risk, the exposure, it’s too great.  We need help – help that I thought was coming but never fully materialized.

Rezko?  That could still be a problem for Obama?

(Laughs)  Yeah – do you think?  Hell yeah it could be a problem.  The guy has been holed up in jail waiting for sentencing.  Why?  Why so long?  Holder’s people are all over that thing – just like Blago.  Obama is in the mix of that mess for sure.  Does anybody really dispute that?  But you see, it’s the Justice Department’s complicity in protecting Obama during the ongoing investigations – talking current crimes here now… that is what can really sink them.  Not that there is just bank fraud, RICO  laws that were broken, payoffs, intimidations, – that’s all basic Chicago business as usual, right?  But now add the White House’s handling of all of that since Obama became President  – now you got a presidential scandal.  Now you got an investigation that leads to uncovering all of that mess.  Now you got grounds to legally go after Holder, Jarrett, and even the President of the United States.  Hell, throw in the First Lady too…

So you think President Obama should be impeached?

Impeached?  -Expletive- no.  That’s too good for him.  President Obama should be arrested. What’s that word you used a while back – sedition?  Well there you go – that pretty much sums up this whole stinking cesspool of a White House right there.   Look, I was suspicious of this guy before – but based on what I was told these past few months…the man, those around him (pauses) …this president is the most corrupt thing to have sat in the White House in our lifetimes.  Being part of that campaign in 2008…it makes me sick.  Do you understand what I’m saying?  Sick.  To have played any part in getting him elected…Obama isn’t just incompetent…he’s something else. Something worse.  I’ve been around a lot of asshole-arrogant politicians.  Plenty of those.  Even a few outright criminals.  This is different.  This is a whole other level of corrupt.”

http://newsflavor.com/politics/world-politics/white-house-insider-president-obama-should-be-arrested/

On July 11, 2011 the Chicago SunTimes presented 2 articles.

Daniel Frawley sentencing delayed.

 “Ex-Rezko partner’s sentencing delayed”

“After this story was published Monday morning, U.S. District Judge Ronald A. Guzman canceled Daniel T. Frawley’s sentencing hearing, which had been scheduled for Tuesday. Court records did not indicate why Guzman did this. Frawley’s sentencing had not been re-scheduled.

Daniel T. Frawley once teamed with Tony Rezko — the political fixer who’s now in jail — in what turned out to be a doomed effort to open a training school for Iraqi security forces in western Illinois. Now, Frawley faces a federal prison stretch of his own.

On Tuesday, the 60-year-old onetime Chicago cop is set to appear before a federal judge for sentencing after pleading guilty in February in a $4.4 million bank fraud.

The scheme appears to have no connection to Rezko, the Wilmette businessman who was once a prolific campaign fund-raiser for politicians including the current president, Barack Obama, and the recently convicted former governor, Rod Blagojevich.

Still, federal prosecutors are seeking a reduced sentence for Frawley — of a year and a half in prison, rather than the 35 years he could face — apparently because Frawley has been secretly cooperating since at least 2006 in their investigation of Rezko, who was found guilty in June 2008 of having used his clout with the Blagojevich administration to enrich himself and his business associates.

Details about Frawley’s cooperation with the U.S. attorney’s office, the FBI and the Illinois attorney general’s office can be gleaned from a 65-page court deposition he gave seven months ago in a legal-malpractice lawsuit that he filed against his former longtime lawyer, George Weaver. In the lawsuit, Frawley accuses Weaver of having overbilled him and telling him to “withhold certain information from the government” when he was cooperating with authorities.

That sworn statement, given Dec. 1, 2010, is posted at suntimes.com/news/watchdogs. In it, Frawley talks about three meetings he’s had with law enforcement authorities since 2006. The deposition outlines how he secretly recorded Rezko, and it raises a new and unsubstantiated question about Rezko’s once-close relationship with Obama — an issue that dogged the then-U.S. senator during his presidential campaign four years ago.

Frawley says in the deposition that on March 13, 2006, he was in the Dirksen Federal Building at 219 S. Dearborn, making a phone call to Rezko’s cell phone and secretly recording him when attorney Weaver walked in and interrupted him.

Also in the room at the time, according to Frawley, were: Assistant U.S. Attorney Jacqueline Stern; James “Sam” Dorger Jr., of the Illinois attorney general’s office’s public-integrity unit; an “FBI agent whose name I do not recall”; and Thomas Durkin, a criminal attorney also representing Frawley.

“I was on the phone, making a phone call to Tony Rezko,” Frawley says, according to the transcript. “I had a luncheon engagement with him. George was outside of the room where I was making the telephone call, and the purpose of the call was for me to keep my luncheon engagement with Tony Rezko and to go over and to record Tony Rezko.

“George saw and heard me on the phone, came running in and went like this [demonstrating]: Cut it,” drawing his hand across his throat.

Later in the deposition, Weaver’s lawyer, Daniel F. Konicek, asks Frawley about what specific information Weaver is supposed to have told Frawley to withhold from federal authorities.

“I’m assuming the information is about the payments made by Rezko to Obama, so we know we’re talking about the right conversation, right?” Konicek asks Frawley.

Frawley doesn’t answer. So Konicek presses him: “Am I correct it was about Obama being paid by Rezko?”

Frawley replies: “I’m not answering that question, based upon my attorney’s instructions.”

Nobody directly involved with the deposition — including Frawley and his lawyers, Weaver and his lawyers, and the FBI and U.S. attorney’s office — would comment.

Ben LaBolt, a spokesman for Obama’s presidential campaign, called Konicek’s suggestion that Rezko might have made any cash payments to Obama “utter nonsense.”

Besides the Rezko-Obama issue, Konicek also asks Frawley during the deposition, without any explanation, about “the $1.5 million from Rezko.”

One of Frawley’s lawyers objects to the question, and there’s no explanation about what Konicek is talking about.

At Rezko’s trial in 2008, Rezko’s lawyers disclosed in a court filing that federal authorities had accused Rezko of paying a $1.5 million bribe to obtain the security-training contract from the Iraqi government. Rezko’s lawyers then called that allegation completely false. Prosecutors have declined to comment.”

 http://www.suntimes.com/news/watchdogs/6394342-452/ex-rezko-partner-being-sentenced-tuesday.html

Tony Rezko’s $50 million Iraq deal  (reprinted from August 7, 2007)
“Two years ago, Iraq’s Ministry of Electricity gave a $50 million contract to a start-up security company owned by now-indicted businessman Tony Rezko and a onetime Chicago cop with a checkered financial past. Within a month, an Iraqi leadership change left the deal in limbo.

Now the company, Companion Security, is working to revive its contract to train Iraqi power-plant guards in the United States.

Companion found support last summer from Gov. Blagojevich, whose staff offered to let the company lease a military facility in western Illinois. Since then, Companion has been lobbying officials from Washington to Baghdad about its Iraqi deal, according to documents obtained by the Chicago Sun-Times.

Blagojevich’s offer to assist Companion came as a federal investigation into Rezko’s state-government dealings was heating up. A former top fund-raiser for the governor and other politicians, Rezko was indicted on corruption charges in October — four months after Blagojevich’s homeland security chief wrote a letter inviting Companion to train the guards at the Savanna Army Depot.

The governor’s spokeswoman said state officials didn’t know Rezko had ties to Companion until the Sun-Times began asking questions. Blagojevich and his staff also didn’t know that Companion’s chief executive, former cop Daniel T. Frawley, had a history of financial problems, she said.

It’s unclear if Frawley and Rezko remain partners. They declined to comment.

After the state found a proposed training site, Frawley went to Sen. Barack Obama (D-Ill.) last August.

Obama’s staff declined to help.

“The Senate staff had two meetings, one conference call, and sporadically e-mailed with representatives of Companion Security about their request for Sen. Obama to write a letter introducing the company to senior officials in the Iraqi government,” Obama spokesman Ben LaBolt said. “That is not the kind of action Sen. Obama usually takes for individual companies, and our staff concluded on that basis to decline the requested assistance.”

LaBolt said Obama’s staff was unaware Companion had any ties to Rezko, who has raised campaign donations for Obama.

Companion beefed up its lobbying efforts in March, hiring a Washington attorney who has contacted the U.S. State and Commerce departments. Frawley wants U.S. officials to persuade the Iraqi government to honor the contract he signed on April 18, 2005, when Aiham Alsammarae, another friend of Rezko’s, ran Iraq’s electricity agency.”

“As Frawley sought to revive the contract in spring 2006, Blagojevich’s chief of staff, John Harris, directed the state’s homeland security adviser, Jill Morgenthaler, to find “a military site for the training of Iraqi police forces,” Morgenthaler wrote in an April 26, 2006, e-mail. She wrote the letter in June 2006 offering the Savanna site.

Two months later, Frawley sought help from Obama, a member of the Senate Foreign Relations Committee who is now running for president. Frawley met with Seamus Ahern, who runs Obama’s Moline office. Frawley and Ahern discussed the proposal over a period of about six months.

Obama and Blagojevich viewed Frawley’s efforts as a chance to create jobs in the Quad Cities area.”

http://www.suntimes.com/news/metro/6452990-418/tony-rezkos-50-million-iraq-deal.html

We have a corrupt US Justice Department.

Daniel Frawley is scheduled for sentencing, Monday, November 21, 2011. Frawley sentencing should be delayed.

I would like to hear more about the “payments made by Rezko to Obama” from the Frawley deposition.

The FDIC lawsuit against Mutual Bank and it’s officers also brings the ghost of Christmas past to Obama again.

Where is the House Judiciary Committtee?

There have been questions about the White House Insider report from Ulsterman as being real. Well, he was spot on about Companion Security and bank fraud in March of 2011.

Jesus Diaz persecution, US Justice Department corruption?, Distortion of Constitution, Where are USDOJ records?, Where is House Judiciary Committee?

Jesus Diaz persecution, US Justice Department corruption?, Distortion of Constitution, Where are USDOJ records?, Where is House Judiciary Committee?

From The Blaze October 27, 2011.

“‘Treasonous in Its Actions on the Border’: Beck‘s Passionate Interview
With Imprisoned Border Agent’s Wife”
“Imprissoned border agent Jesus Diaz.

As the Blaze recently reported, Jesus Diaz, a former U.S. border
agent, is serving a two-year prison sentence after being accused of
using excessive force in handcuffing a juvenile drug smuggler back in
2008. Diaz’s detention, which has come under fire from many who
believe that he isn’t guilty of the violence charges waged against
him, has become a hot-button issue.

This morning, Glenn Beck interviewed Diaz’s wife, Diana, on his radio
show to get the entire story, and by the end he was visibly
frustrated.

But before delving into the video of their exchange, let’s review some
brief background information on the case.

Diaz, who is now imprisoned and separated from his wife and six
children, was found guilty of inflicting pain on a known 16-year-old
Mexican drug smuggler in an effort to obtain more information about
where marijuana was being hidden. Authorities also claim that the
former agent kicked the teen and dropped him face-first on the ground.

But these accounts and the charges associated with them have come
under fire (GOP presidential candidate Michele Bachmann has said she
would work toward Diaz’s release). The Examiner has more about the
confusion surrounding the case:

According to the Law Enforcement Officers Advocates Council, the
government’s case is based on false testimony that is contradicted by
the facts. This includes the charge that Agent Diaz was physically
abusive to the then minor “MBE” as noted by court documents and
transcripts that Diaz allegedly put his knee on his back and pulled
back on his handcuffs.
“However, given the time of day during the incident, October 16, 2008
at about 2 a.m. and lack of lighting it would be impossible to have
actually seen much if anything. The agent who stood next to Mr. Diaz,
Marco Ramos testified that he did not see anything that was claimed to
have taken place,” Andy Ramirez, president of LEOAC explained.

A web site has been setup to advocate for Diaz’s release.

In the beginning of his discussion with Diana, Beck said, “I’m sorry
for what this government is doing to you…your family and your
husband.” Diana went on to explain what seems like a tragic story of
justice gone awry.

The Mexican government had apparently filed a complaint following the
incident, which the U.S. government then acted on. In the end, the
16-year-old avoided detention and was apparently sent back to his
homeland. Even more bizarrely, Diana claims that the young man was
brought back to America to testify (with immunity) against her
husband.”
http://www.theblaze.com/stories/treasonous-in-its-actions-on-the-border-becks-passionate-interview-with-imprisoned-border-agents-wife/

From Free Agent Diaz.

“To summarize, U.S. Attorney Johnny Sutton and his minions used an
extremely weak charge, claiming Agent Diaz violated the civil rights
of an illegal alien doper under the color of law. Sutton and his
successor under the Obama Administration then put the full weight of
the Justice Department behind this prosecution, solely to give the
Mexican Government a Border Patrol Agent’s scalp. Law enforcement
officers commonly pull on a perps or suspects handcuffs. If this is
the new standard for a 10 year prison sentence, then all departments
either need to be questioned by the DOJ about this, or they need to
support Agent Diaz’ appeal and his family’s quest for justice.”

 http://www.freeagentdiaz.com/

From the Gateway Pundit April 21, 2011.

“In what appears to be yet another case of the Mexican Government
orchestrating a fake crime against one of their drug smuggling
criminals hauling dope into the U.S., Border Patrol Agent Jesus Diaz,
a 7-year Border Patrol veteran, was convicted in Federal Court on
February 24 of one count of excessive force (under color of law) and 5
counts of lying to Internal Affairs.  He is facing a maximum of 35
years in prison when he is sentenced in November.  Meanwhile, he’s
been in jail since the verdict nearly two months ago.  He’s in
solitary confinement 23 hours per day for his safety. So far, the
judge has refused to allow bond while Diaz awaits sentencing.”
“Diaz was tried in September 2010, but the case ended in a mistrial.
The DOJ tried the case again in February 2011 and this time they got
their conviction, even though federal agent witnesses admitted they
had lied to a grand jury.  The judge did not allow the fact that they
had committed perjury into the second trial.”

http://www.thegatewaypundit.com/2011/04/the-war-on-the-border-continues-the-war-on-our-border-patrol-officers-that-is/

Jesus Diaz Indictment press release:

“U.S. Department of Justice
U.S. Attorney’s Office
Western District of Texas
John E. Murphy, U.S. Attorney

FOR IMMEDIATE RELEASE Daryl Fields, Public Information Officer On the web: www.usdoj.gov/usao/txw/index.html (210) 384-7440

November 20, 2009

DEL RIO SECTOR CUSTOMS AND BORDER PATROL AGENT INDICTED
FOR ALLEGEDLY ASSAULTING A 15 YEAR OLD

United States Attorney John E. Murphy announced that 31-year–old U.S. Customs and Border Patrol Agent Jesus E. Diaz, Jr., stands charged by federal grand jury indictment with deprivation of rights under color of law.
The indictment, returned this week by a federal grand jury sitting in Del Rio, alleges that on October 16, 2008, Diaz assaulted a 15 year old depriving him of his constitutional right to be free from the use of unreasonable force by one acting under color of law.
Upon conviction, Diaz faces up to ten years in federal prison and a maximum $250,000 fine.
An indictment is merely a charge and should not be considered as evidence of guilt. The defendant is presumed innocent until proven guilty in a court of law.
This case was investigated by U.S. Immigration and Customs Enforcement – Office of Internal Affairs and the Office of Professional Responsibility. Assistant United States Attorney Kelly Blackburn is prosecuting the matter for the Government.”

http://www.justice.gov/usao/txw/press_releases/2009/Diaz_ind_DR.pdf

I tried to obtain more information on this case yesterday. Here is what I know thus far, aside from articles on the web.

A. From the press release: “Diaz assaulted a 15 year old depriving him of his constitutional right to be free from the use of unreasonable force by one acting under color of law.”

  1. Illegals aliens do not have constitutional rights.
  2. The Deprivation of Rights Under Color of Law, Title 18, U.S.C., Section 242, states: “This law further prohibits a person acting under color of law,
    statute, ordinance, regulation or custom to willfully subject or cause
    to be subjected any person to different punishments, pains, or
    penalties, than those prescribed for punishment of citizens on account
    of such person being an alien or by reason of his/her color or race.”    Alien refers to a person visiting from another country legally or legally here on some kind of visa. This is not intended to protect someone in violation of the law.

B. Aside from the press release, I could find no other reference to the Jesus Diaz prosecution. Contrast this to the  Compean and Ramos Prosecution.

http://www.justice.gov/usao/txw/press_releases/Compean-Ramos/index.html

C. Something smells about this. We know the USDOJ cannot be trusted, especially under the control of Obama and Holder.

When I learn more, I will share it.

Obama role in corrupting IL Teacher Retirement System pensions, Cellini trial, 2007 NY Times article, Where is Tony Rezko?, Where is House Judiciary Committee?

Obama role in corrupting IL Teacher Retirement System pensions, Cellini trial, 2007 NY Times article, Where is Tony Rezko?, Where is House Judiciary Committee?

“Why was Obama promoting Capri Capital and other investment firms at the same time that Rezko, Levine and Cellini were shaking them down?”…Citizen Wells

“There is enough corruption in Illinois so that all it takes is someone who is serious about finding it to uncover it. If a U.S. attorney is not finding corruption in Illinois, they’re not seriously looking for it.”…Northwestern Law Professor James Lindgren

Before I delve deeper into Obama’s connections to the corrupting of the Illinois Teacher Retirement System pensions, I present an article from the NY Times dated October 1, 2007. This article came out before the Tony Rezko trial and at the beginning of Obama’s campaign for the presidency. Apparently the NY Times staff had not done their homework and connected the dots. If they had read the Joseph Cari, Steven Loren indictment press release from August 3, 2005 they probably would not have allowed Obama’s ties to the IL Teacher Restirement System pension, investment companies and people like John Rogers to come to light.

Perhaps this is the reason that the William Cellini indictment was separated from the Blagojevich indictment and the trial delayed until late 2011.

From the NY Times, October 1, 2007, presented in entirety.

“In 2000, after losing a Congressional race, Barack Obama was looking to revive his political fortunes. And he soon found a springboard — a group of black entrepreneurs also trying to break out.

Month after month, Mr. Obama, then an Illinois state senator, showed up at the Chicago group’s meetings, listening to members’ concerns about the difficulties they faced in getting government and corporate business, and asking them what he could do to help.

And help them he did. Members of the group, the Alliance of Business Leaders and Entrepreneurs, say Mr. Obama checked into their problems and helped start a drive that enabled minority investment executives to win millions of dollars in business from the state’s giant pension funds.

If Mr. Obama was able to deliver by helping the executives overcome some of the historical barriers facing minority-owned companies, he also would subsequently benefit from his ties to the group. Several of the businessmen or their wives would help clear the debts from his Congressional race, and six of the group’s members are now among the top fund-raisers for his presidential campaign, according to campaign finance records.

All told, employees at more than 30 of the 42 companies listed on the group’s Web site and their relatives donated more than $300,000 to help Mr. Obama win his seat in the United States Senate in 2004 and set fund-raising records early in the 2008 presidential race.

In his presidential campaign, Mr. Obama has been running on a platform of reducing the influence of money in politics. But with Mr. Obama, as with every politician, money has been the blood flow of his campaigns. And at a critical point in his career, he greatly expanded an early pillar of his fund-raising network while trying to help the black entrepreneurs secure work with the state.

The senator’s courtship of the Chicago group and its members is a little-known chapter in his political development that shows the inextricable link between money and politics and the different interpretations people attach to it.

Jay Stewart, executive director of an Illinois watchdog group known as the Better Government Association, said that in helping these and other executives as a state senator, Mr. Obama also benefited from the kind of special-interest-driven politics he now decries.

“Raising large chunks from special interests was common in Illinois,” Mr. Stewart said. “Obama did that too. Now he’s talking about chasing away special interests; that’s great. But that doesn’t change the past.”

Mr. Obama says his involvement with the alliance reflects his longtime passion for ensuring that minority businesses are treated fairly, and there is no indication that he helped the businessmen simply to secure their donations.

“The suggestion that these pioneering leaders would need my help or anyone’s help in order to succeed is troubling, to say the least,” Mr. Obama said in a statement. “I’m proud that I’ve spent my career fighting to ensure that minority-owned businesses would have a chance to compete, and I will continue to do so as president.”

Mr. Obama also recently pointed to his work on the Illinois pension issue as a model for what he would do as president to promote minority-owned companies.

In that push, Mr. Obama met with three state pension boards and introduced a bill on the executives’ behalf. He also worked closely with the state’s top legislative leaders to encourage the pension funds to increase the share of their investment portfolios managed by minority-owned firms. That share has risen to 12 to 20 percent now from 1 to 3 percent in 2000.

Other alliance members said Mr. Obama also looked into whether they could get state business in other areas, including legal work on bond issues and the printing of official notices. As Stephen H. Pugh, a lawyer who belongs to the group, said, “He wanted to understand what our needs were and how government could help.”

Mr. Obama, Mr. Pugh said, “would be our representative — our advocate — to bring our views back to state government.”

The alliance was founded in 1992 to help Chicago’s top black executives and entrepreneurs share business tips and push for greater opportunities. According to the group’s Web site, the companies — which also include architecture, engineering, transportation and communications firms — average 65 full-time employees and annual revenues of $19 million.

The goal was always “to open up doors,” said John W. Rogers Jr., the chief executive of Ariel Capital Management, one of the investment firms that received state business. “It was, as the Rev. Jesse Jackson has eloquently put it, to force other industries to have their ‘Jackie Robinson’ moment.”

During its early years, the group’s main political patron was State Senator Emil Jones Jr., who later became the State Senate president and one of Mr. Obama’s chief mentors. In 1993, Mr. Jones took the first crack at opening up the pension business, persuading the Legislature to pass a bill encouraging the multibillion-dollar funds to use minority-owned firms “to the greatest extent feasible.”

But by the time Mr. Obama, then a junior state senator, began meeting regularly with the group in 2000, little progress had been made. As a result, said Hermene Hartman, the alliance president, the pension issues got “a lot of attention” in the discussions with Mr. Obama.

The investment firms were also among the largest and most prominent companies in the group, and some of their executives were among Mr. Obama’s closest friends.

Mr. Rogers, who also sits on the boards of the McDonald’s Corporation and other major companies, played basketball at Princeton University with Mr. Obama’s brother-in-law. James Reynolds Jr., the chief executive of Loop Capital, a brokerage firm, had been a top fund-raiser for Mr. Obama’s Congressional race.

Mr. Rogers said the investment managers also solicited support from Michael J. Madigan, the powerful Democratic speaker of the Illinois House. In 2001 and 2002, Mr. Madigan and Mr. Obama — at times joined by the investment executives — made formal pitches before three of the state pension boards.

And after Mr. Jones became the State Senate president in 2003, he assigned Mr. Obama to a committee looking into the pension questions to help raise his political profile.

During this period, campaign finance records show, executives from Ariel, Loop and two other leading Chicago investment firms, Holland Capital Management and Capri Capital, sharply increased their donations to Mr. Obama’s State Senate campaign fund. And once he began his campaign for the United States Senate, they quickly became a fund-raising core that has carried over into the presidential race.

Mr. Rogers, who is one of three people at his company who have each bundled at least $50,000 in donations for Mr. Obama’s presidential campaign, said that his financial support for the senator had “no connection” to his company’s efforts to win state contracts, but that it reflected the broader excitement over what Mr. Obama’s success meant for blacks in America.

Pointing to his parents’ struggles to break into the legal business in Chicago, Mr. Rogers said that pushing for greater opportunities was “in your blood, and when you have a peer come along like Barack, who is your own age and lives in your neighborhood, you can’t wait to help him.”

Mr. Reynolds of Loop Capital, who is also one of the bundlers in Mr. Obama’s presidential campaign, did not return calls for comment.

In the end, Mr. Obama dropped off the State Senate committee in late 2003 as his United States Senate race heated up, and just as the panel began a series of hearings that produced the most substantial changes.

Still, William Atwood, the director of the Illinois State Board of Investment, said Mr. Obama regularly asked about minority participation in the pension funds when their paths crossed. “He would ask: ‘How are we doing? Are we making progress?’” Mr. Atwood recalled.

The changes have generated several million dollars in fees for some of the investment firms, although the complete totals could not be obtained. Loop Capital, for instance, saw its brokerage fees related to one of the pension funds shoot up to $2.4 million last year from just $5,700 in 2001. All told, Loop Capital received $5 million in fees from managers for that fund over those six years.

Still, things have not worked out as well for some of the investment managers. Both Ariel and Holland were given several hundred million dollars to invest.

But one of the funds dropped Ariel and two dropped Holland last year after their investment returns lagged behind those of other firms.

Mr. Rogers, the Ariel chief executive, said his firm’s value-oriented stocks tended to lag in fast-rising markets, and other state funds say they are sticking with Ariel for now because it has produced impressive long-term returns. Officials at Holland declined to comment.

But Mr. Rogers also complained that the Illinois funds, which are free to hire minority managers from anywhere in the country, have given much of their business to out-of-state firms owned by women and Asian-Americans.

And while Mr. Obama recently told the Urban League that if he was elected president he would use the same model in helping black-owned businesses nationwide as he did on the pension issue, Mr. Rogers said, “Actually, it is a model of how hard it is to get sustained traction.””

http://www.nytimes.com/2007/10/01/us/politics/01obama.html?pagewanted=print

The article appears to be lauding Obama’s role in helping minority firms. However, indictments in Operation  Board Games and court testimony paint a different picture. One that strongly impacted Illinois teachers and taxpayers.

From the LA Times April 7, 2008.

In 2002, the year after Obama made the pitch, the Illinois Teacher Retirement System reported an 18% increase in assets managed by minority-owned firms. Ariel’s share grew to $442 million by 2005.

In 2006, after the federal investigation became public, the teacher pension board severed its relationship with Ariel, concluding that Ariel’s investment returns were insufficient.

http://latimesblogs.latimes.com/washington/2008/04/obamarezko.html

From Natasha Korecki of the Chicago SunTimes tweets from the William Cellini trial courtroom, October 21, 2011.

“Defense now has first witness on the stand, a TRS attorney who is talking real estate investments, like Cellini’s firm.”

“Cellini’s Commonwealth, used by TRS, had a 20 percent rate of return in 2003 vs Capri Capital (Rosenberg) at 7.35 %”

http://twitter.com/#!/natashakorecki

 Obama is doing to the nation what he did to Illinois teachers for many years.

Where is Tony Rezko?

Where is the House Judiciary Committee?

Howard Coble, et al, are you paying attention?

Obama bank failure policies, ACORN, Penny Pritzker, Cellini trial witness Rosenberg dredges up old memories, Capri Capital, Where is House Judiciary Committee?

Obama bank failure policies, ACORN, Penny Pritzker, Cellini trial witness Rosenberg dredges up old memories, Capri Capital, Where is House Judiciary Committee?

“During its 15 years in New York City, ACORN has helped squatters claim derelict city-owned property, forced bankers to invest in low-income communities, and organized a war against the city’s workfare program.

It’s also developed a reputation for no-holds-barred tactics—getting results through adversarial campaigns against bankers, politicians and bureaucrats using confrontation and concession rather than consensus.”…ACORN document, February 1999

“There is enough corruption in Illinois so that all it takes is someone who is serious about finding it to uncover it. If a U.S. attorney is not finding corruption in Illinois, they’re not seriously looking for it.”…Northwestern Law Professor James Lindgren

I was doing some research on Obama’s ties to Capri Capital and Tom Rosenberg, the subject of the Cellini Indictment, when I came across an old article about Obama’s past. I am not finished with Obama’s involvement in the IL Teachers Retirement System, TRS, corruption, but since the Occupy Wall Street, et al folks are focusing their energy on Bankers and such instead of the real culprits, Obama et al, it is appropriate  to do so.

From The Common Conservative October 1, 2008.

“Obama’s Links to Real Estate Scandals, Bank Failures, and Rezko Far Deeper”

“If there is one thing Obama has been very good at, it’s been covering
his tracks. This time, I believe I have made a link that is undeniable
to his knowledge and possible participation in the real estate
dealings and the corruption in Chicago. His links to not so savory
individuals and friends have supported almost every attempt for
political office he has ever made. It is amazing how someone who came
from nowhere has risen to the position of power in such a short time.
He stands to lose much, if Tony Rezko actually tells all he knows as
his Federal sentence is about to be imposed. Possibly he is playing
“lets make a deal” in exchange for bringing down the house on Chicago
real estate ventures at public expense. Everywhere you turn, the major
players are tied directly to Sen. Obama.

First, let’s start with the Superior Bank in Chicago. That bank failed
directly under the control of Penny Pritzker. She is Obama’s Campaign
Finance Chairman and has been instrumental in raising millions for his
campaign. The regulators closed Superior Bank in 2001 because of a
vast number of sub-prime mortgage loans. She took over a failed
savings and loan in 1988 and it was renamed Superior Bank.

During the years of that Obama was actively in Chicago as a community
organizer, one interesting person comes into the picture. Stanley
Kurts reports this in his N.Y. Post article:

ONE key pioneer of ACORN’s subprime-loan shakedown racket was Madeline
Talbott – an activist with extensive ties to Barack Obama. She was
also in on the ground floor of the disastrous turn in Fannie Mae’s
mortgage policies.

Long the director of Chicago ACORN, Talbott is a specialist in “direct
action” – organizers’ term for their militant tactics of intimidation
and disruption. Perhaps her most famous stunt was leading a group of
ACORN protesters breaking into a meeting of the Chicago City Council
to push for a “living wage” law, shouting in defiance as she was
arrested for mob action and disorderly conduct. But her real legacy
may be her drive to push banks into making risky mortgage loans.

In February 1990, Illinois regulators held what was believed to be the
first-ever state hearing to consider blocking a thrift merger for lack
of compliance with CRA. The challenge was filed by ACORN, led by
Talbott. Officials of Bell Federal Savings and Loan Association, her
target, complained that ACORN pressure was undermining its ability to
meet strict financial requirements it was obligated to uphold and
protested being boxed into an “affirmative-action lending policy.” The
following years saw Talbott featured in dozens of news stories about
pressuring banks into higher-risk minority loans.

IN April 1992, Talbott filed an other precedent-setting com plaint
using the “community support requirements” of the 1989
savings-and-loan bailout, this time against Avondale Federal Bank for
Savings. Within a month, Chicago ACORN had organized its first “bank
fair” at Malcolm X College and found 16 Chicago-area financial
institutions willing to participate.

Two months later, aided by ACORN organizer Sandra Maxwell, Talbott
announced plans to conduct demonstrations in the lobbies of area banks
that refused to attend an ACORN-sponsored national bank “summit” in
New York. She insisted that banks show a commitment to minority
lending by lowering their standards on downpayments and underwriting –
for example, by overlooking bad credit histories.

By September 1992, The Chicago Tribune was describing Talbott’s
program as “affirma- tive-action lending” and ACORN was issuing fact
sheets bragging about relaxations of credit standards that it had won
on behalf of minorities.

And Talbott continued her effort to, as she put it, drag banks
“kicking and screaming” into high-risk loans. A September 1993 story
in The Chicago Sun-Times presents her as the leader of an initiative
in which five area financial institutions (including two of her former
targets, now plainly cowed – Bell Federal Savings and Avondale Federal
Savings) were “participating in a $55 million national pilot program
with affordable-housing group ACORN to make mortgages for low- and
moderate-income people with troubled credit histories.”

What made this program different from others, the paper added, was the
participation of Fannie Mae – which had agreed to buy up the loans.
“If this pilot program works,” crowed Talbott, “it will send a message
to the lending community that it’s OK to make these kind of loans.”

This was exactly the time frame Superior Bank was very active in the
sub-prime lending and no doubt, Obama knew exactly who Penny Pritzker
was and her involvement in the ACORN sponsored lending practices.
Another direct link early on to Obama is with another foundation that
Pritzker in involved in. Pritzker is very much involved in the reform
of Chicago’s public education system. Currently she is vice chair of
the Chicago Public Education Fund, the successor organization to the
Chicago Annenberg Challenge, which is the same Board Sen. Obama served
with William Ayers.

Obama no doubt needed the financial backing of the Pritzker’s. They
are the owners of the Hyatt Hotel chain and Obama had inside
connections.  David Mendell recalled in his 2007 book Obama: From
Promise To Power:
“Obama was confident that he was destined for more than a day job
running a foundation or practicing law or languishing in the minority
party in the Illinois senate…He invited a group of African-American
professionals to the house of Marty Nesbitt, who had served as finance
chairman of his congressional campaign. Nesbitt is…vice-president of
the Pritzker Realty Group, part of the Pritzker family empire…Nesbitt
arranged a weekend gathering to help Obama reach inside the deepest
pockets he knew—those of the Pritzker family…

“…Nesbitt knew that if Obama could sell himself to Penny Pritzker, her
support would not only reap huge immediate financial dividends but
also be a crucial step in the foundation of a fund-raising network.

“So in late summer 2002, Obama, Michelle [Robinson-Obama] and their
two daughters drove to Penny Pritzker’s weekend cottage along the
lakefront in Michigan about forty-five minutes from Chicago…”

Also notice this report from WNBC in New York:

On Feb. 10, 2007, Senator Barack Obama launched his bid for the White
House in Springfield, setting himself on a course that has become one
for the history books. But Obama might not have made it even to the
Old State Capitol Building that frigid day if not for a private
meeting he had with friends and advisers in late 2002 as he was
mulling a run for the U.S. Senate. In a South Side high-rise
overlooking the lake, the junior state senator vetted his lofty
political ambitions with a group of Chicago’s African American
business elite that included Frank M. Clark Jr., Valerie B. Jarrett,
Quintin E. Primo III, James Reynolds Jr., and John W. Rogers Jr.

Remember the name Quintin E. Primo III, as he is CEO of Capri Capital
in Chicago. Capri Capital will reemerge later in this article as they
have direct ties to Obama, Pritzker, and also direct ties to Rezko.

Also during the time frame that Fannie Mae and Freddie Mac were buying
sub-prime mortgages, Franklin Raines was CEO of this institution from
1998- 2004. It was during this time, Superior Bank was in real trouble
and under scrutiny from regulators. Pritzker assured regulators there
was nothing wrong, and no doubt, she had to have known Franklin
Raines. Her bank was using Fannie Mae funds since the largest book of
their business was in sub-prime lending. Finally, in December 2004,
Mr. Raines was forced to resign because the Office of Federal Housing
Enterprise Oversight (OFHEO), the regulating body of Fannie Mae, of
abetting widespread accounting errors, which included the shifting of
losses so senior executives, such as himself, could earn large
bonuses.

Another interesting connection to Pritzker is from the Chicago
Community Loan Fund published in 2006:

 Bank is financing partner
CCLf had the resources to make a $1 million loan for the first time in
its history in 2005, thanks in large part to a $3 million loan pool
investment from Charter One Bank. Charter One’s investment in CCLF was
part of a record-setting infusion of new investment capital in 2005.

In fact, CCLF’s partnership with Charter One and the Historic
Pacesetter Limited Partnership is now multi-faceted: the bank plans to
provide a portion of the financing for the project’s construction.

Then we take a look at Sen. Obama’s request for earmark requests for
2005 and we find a very interesting request:

Obama Requested $2.5 Million (And An Additional $ 5 Million Over Two
Years) For A Pacesetter Redevelopment Program In The Village Of
Riverdale.  I2 2005, Obama requested $2.5 million for the Village of
Riverdale and their Pacesetter Redevelopment Program.  The
redevelopment of the Pacesetter neighborhood is essential to the
successful industrial development in Riverdale. The Pacesetter
neighborhood is adjacent to Riverdale’s industrial redevelopment area.
The poor quality of housing, crime and image that the neighborhood
portrays must be changed in order to make the Village’s overall
efforts a success.  Pacesetter Redevelopment, Phase I, would be
comprised of approximately 100 units and cost approximately $22
million. It is proposed that all of the units in this first phase be
rehabilitated. The development team would acquire these properties
from individual landowners. The plan is to control all properties
along Lowe Avenue by the end of 2005. By location and number, these
properties would create the critical mass required for economic
feasibility, while providing a development of sufficient size to make
a visible impact.  The Village is seeking an initial investment in the
project of $5 million over a period of two federal fiscal years.
[Obama Request Letter to the Senate Appropriations Subcommittee on
Transportation, Treasury, the Judiciary, HUD & Related Agencies,
11/6/05]

The Pacesetter funding by Charter One Bank and the Obama earmark
request are not so coincidental. Charter Bank is the same bank that
took over the Superior Bank assets in 2001. From the FDIC:

FDIC APPROVES SALE OF
SUPERIOR FEDERAL BANK, FSB, HINSDALE, ILLINOIS

FOR IMMEDIATE RELEASE
PR-78-2001 (10-31-2001)  Media Contact:
David Barr (202) 898-6992

The Board of Directors of the Federal Deposit Insurance Corporation
(FDIC) approved the sale of the branches and deposits of Superior
Federal Bank, FSB. The winning bidder is Charter One Bank, FSB,
Cleveland, Ohio.

Superior Federal Bank, FSB is the conservatorship established by the
FDIC after the Office of Thrift Supervision closed Superior Bank, FSB
on July 27, 2001. Charter One has agreed to pay the FDIC a premium of
$52.4 million to assume the 17 locations and the $1.1 billion of
deposits held in conservatorship.

In addition to assuming all the deposits, Charter One is acquiring
approximately $45 million of Superior’s assets. These assets consist
mainly of home equity lines of credit, overdrafts assigned to each
branch location, cash and cash equivalents.

Now one has to wonder exactly how Sen. Obama’s request, which was
apparently denied or died on a Bill, was then funded by Charter One
Bank. Penny Pritzker was Obama’s big money and fundraiser for his
Senate campaign and also was directly responsible for Superior Banks
failure. This is no coincidence, or if it is, it surely raises red
flags to the possibility of influence peddling by the Obama camp or
even Sen. Obama directly. Read the FDIC press release. There were $45
million of home loans, and most were sub-prime loans. Questions need
to be asked regarding if Sen. Obama was able to pull a few strings
with Fannie Mae to get these loans spread to other sources of funding
in exchange to lending the project funds.

Once we look into the Rezko trial, we find something very interesting
once again. Rezko was convicted of of six counts of mail fraud, six
counts of wire fraud, two counts of money laundering and two counts of
abetting bribery. He was acquitted on eight counts, including a charge
he tried to extort as much as $2 million from Lakeshore Entertainment
Group founder and former Capri Capital principal Thomas Rosenberg, who
testified against him at trial.

Once again we find Penny Pritzker having ties to Capri Capital as they
both serve on the Boards of The Real Estate Roundtable with Ms.
Pritzker as it’s Treasurer as late as March, 2008. Much of there
efforts have been to lobby for many changes in real estate and real
estate funding laws. One letter was directly to Sen. Chris Dodd
requesting changes in allowing the Federal Reserve to purchase loans
and asset-backed securities, identically the type of securities being
sold by Fannie Mae/Freddie Mac to Wall Street. Bear in mind that Ms.
Pritzker is President of Pritzker Reality Group L.P.

Another place we find Capri Capital is in the CCLF (above). In their
2006-2007 Annual Report, we find that Capri is listed as one of the
Sponsors. Also we find that CCLF was also funded by Fannie Mae as
well. All of these funds are directed primary at the
Riverdale/Pacesetter project.

The Rezko/Pritzker connection goes deep and finding the link hasn’t
been easy. On October 1, 2006, Daley appointed Martin Nesbitt
chairperson of the Chicago Housing Authority. The CHA was created for
“the purposes of engaging in the development, acquisition, leasing,
operation, and administration of a Low Rent Housing Program and other
federally assisted programs,” according to the agency’s 2005 annual
financial report.”

Read more:

 http://thecommonconservative.com/?p=161

Where is the House Judiciary Committee?