Polls show most African-American voters will be casting their ballots for Barack Obama on November 4. The first opportunity to elect a black person as president is tempting. But black Americans will be paying a price, and Obama’s record gives a clear indication of what that price will be. Obama and his cronies have a long record of profiting from funds intended to aid black people. The intended beneficiaries have nothing to show for it other than Obama’s political ascent.
The Boston Globe on June 27 exposed the thousands of so-called affordable housing units built cheaply in Chicago by developers backed by Illinois and federal tax subsidies championed by Barack Obama. Sewage flows through many units; others are burned out with roofs caving in. Due to neglect by owners tied to the Obama campaign, many have been slated for demolition.
Dual U.S.-Syrian citizen Tony Rezko — an early-money fundraiser who bundled as much as $200,000 for Obama’s campaigns — rehabbed hundreds of “affordable” housing units in and around Obama’s State Senate district and then refused to manage them. Rezko is now facing sentencing on several federal felony counts of soliciting bribes, fraud, and money laundering. His units now face demolition.
Valerie Jarrett is a senior adviser to Obama’s presidential campaign and a member of his finance committee. Jarrett is also CEO of Habitat Co. — managers of two large Chicago affordable housing developments, including 504 units at Grove Parc in Obama’s district. Both properties have been seized by the federal government and are so run-down that they may face demolition. The Globe identifies four other developers tied to the Obama campaign who profited from state and federal subsidies and then allowed the rehabbed buildings to rapidly decay leaving residents to fend off mice and wade through sewage.
According to the Globe:
Some of the residents of Grove Parc say they are angry that Obama did not notice their plight. . . . Many of the tenants have been his constituents for more than a decade. “No one should have to live like this, and no one did anything about it,” said Cynthia Ashley, who has lived at Grove Parc since 1994. . . .
As a state senator, the presumptive Democratic presidential nominee coauthored an Illinois law creating a new pool of tax credits for developers. As a U.S. senator, he pressed for increased federal subsidies. And as a presidential candidate, he has campaigned on a promise to create an Affordable Housing Trust Fund that could give developers an estimated $500 million a year.
The six developers personally contributed over $175,000 to Obama’s various campaigns and bundled much more.
Rezko also stole affirmative action benefits. Arab American Media Services reports:
In 1997, Panda Express won the right to open a lucrative concession at O’Hare International Airport under the city’s minority set-aside program which directs large contracts to companies owned by women, African-Americans, or Hispanics. The city awarded a 10-year contract for O’Hare Airport to Crucial Inc. in 1999, which the city believed was owned by an African-American, Jabir Herbert Muhammad, the son of the late Elijah Mohammad.
Elijah Mohammad led the Nation of Islam until his death in 1975. Jabir Herbert Muhammad was sued in 1999 by boxer Muhammad Ali for unauthorized use of his name in connection with the Muhammad Ali Foundation. Rezko served as executive director of the foundation.