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Ranchers.net

Sen. Barack Obama decided to buy a stately $1.65 million home last year on Chicago's South Side, well at least part of it.......

in a series of deals with long time friend Antoin "Tony" Rezko, Barack buys part of large formal estate....

Barack received a nice $300,000 + discount and Buddy Rezco buys the yard from him......gives new meaning to yard sale... :lol: :lol:

Rezco puts up $14,000 fence,and Obama mows the entire lawn.....but they have no "connection"

Where do all the Democratic presidential candidates find all theses great Real estate deals?

Add in the only gate is from Obamas' side yard.....gee I wish I had a neighbor like Rezko.....if only he wasn't such a bad guy....and in so much trouble....

your decide.....is Obama's side yard deal unethical?

http://www.chicagotribune.com/news/local/chicago/chi-0611010273nov01,1,2852476.story

The details are annoying and complicated, but not impossible to follow: In June of 2005, Obama used money from a book advance to purchase a house ("Georgian revival," "four fireplaces") in a ritzy neighborhood on Chicago's South Side for $1.65 million--$300,000 below the asking price. The same day, Tony Rezko's wife, Rita, purchased the neighboring plot for $625,000 dollars--the asking price. Rezko, who has been friendly with Obama since the latter was in law school, was under criminal investigation, a fact that was known, but not widely. Seven months after the purchase, the Obamas approached the Rezkos about buying a piece of Rita's plot to preserve what the Tribune called the "aesthetic balance" of the land--since once upon a time the house and neighboring property were a single package--and the Rezkos agreed. Land was sold, a fence was built (Rezko supposedly paid), and lawns were mowed (Obama paid). Things were neighborly as punch until October 2006, when Rezko was indicted and pleaded not guilty to charges of influence-peddling.
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