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First Read is an analysis of the day's political news, from the NBC News political unit. First Read is updated throughout the day, so check back often.

Chuck Todd, NBC Political Director

Mark Murray, NBC Deputy Political Director

Domenico Montanaro, NBC News Political Reporter



Rezko trial won't be delayed

Posted: Tuesday, January 08, 2008 12:32 PM by Domenico Montanaro

From NBC's Domenico Montanaro
A federal judge denied a request to delay they the fraud trial of businessman Antoin "Tony" Rezko, a one-time key Obama fundraiser and friend while the now-presidential candidate was in the Illinois state senate and during his U.S. Senate run. Rezko was also an adviser to and fundraiser for Illinois Gov. Rod Blagojevich.

The AP: "Rezko has pleaded not guilty to charges that he joined with another major political fundraiser, businessman-attorney Stuart Levine, to shake down money management companies wanting to invest state pension funds. Rezko is charged in a separate case with defrauding the General Electric Capital Corp. out of $10 million."

The Chicago Tribune: Rezko "is accused of using his influence with state officials to extort kickbacks from firms seeking to do business with the Illinois Health Facilities Planning Board and the state's Teachers Retirement System Board. Stuart Levine, a member of both state boards who pleaded guilty to taking part in the kickback scheme, is expected to be the key government witness against Rezko."

The defense had asked for a delay because there are 1.5 million documents to sort through. The judge said they have enough time to prepare.

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No big deal for Obama.  The newspapers combed through every bit of Obama's legislation and files a few years ago to try and find some dirty connection to Rezko, and absolutely no legislation Obama ever passed directly benefitted Rezko.
You left out that Rezko helped Obama purchase his home in Chicago for $100,000 under the market value.  

Maybe this is important for voters to know?  And an important question for Obama to address?
Remember, Obama still has Rezko in his rear view mirror. Yet at the same time, Hillary has Peter Paul, Norman Hsu and Dickie Scruggs in her's as well......
Perhaps you should add some type of context to explain why this was posted. Everyone is not caught up on how this relates to the campaign. Seems kind of irrelevent out of context, no? (Probably irrelevant either way.)
It's time that the media look as deeply into Obama as they have HRC. The guy is agetting a free pass.  It's about time Obama is researched about things such as Rezko.

If he crushes HRC today, there'll be 10 months for the GOP to get Sen. BHO's background into the foreground.
Obama will be Democrats nominee and will be toast in few months due to Rezko and other contradictions. Anyway, in front of McCain, he will loose because some intelligent youths do want change and experience both which McCain provides.

4 more years of honest Republican leadership.
Wait toll Hillary is out of the race. Right now she is hogging the limelight. Once she is out, then some youths will come out and say "i am not a dumb youth, Obama is not experienced enough like McCain". Then the bandwagon youth will start thinking.

As an independent, I will vote for McCain over Obama as I know what I will get from McCain.
Dont worry Obamaphiles. Rezko will be pardoned by Obama once he is President. Nothing to worry!!
I love it. The judge must be a Republican.
Make sure everybody understands this is Obama's best pal. MSNBC-TV, and First Read have made him out to be squeaky clean.
But this is a skeleton in his closet that's been there UNREPORTED for a while.
I wonder if you'll hammer away at this for the next three weeks like you did with Norman Hsu....all the while never saying that Hsu had raised money for Obama as well.
I notice you held the story until 12:30 east coast time too, why didn't you put it out earlier this morning, right after the judges decision was announced?
You people have become such PUPPETS for Obama it's sickening!
here it comes. the establishment is starting. the save hillary mission begins now. obama will be ok. he has kept his nose clean.
Obama's nose was in cocaine for years, LOL! Good news! Obama's worst nightmare is for all the facts to come out about his crooked deals with Rezko, and Obama's lobbyist buddies, let alone, the paybacks Obama's wife received to the tune of $250k per year at her "job" a few years ago. Stay tuned America. That feel good feeling for Obama is about to take a nose-dive!
No worries. All Obama did is buy a sliver of land to add to his yard from Rezko. Nothing foul coming from this. Of course the dirtiest of the dirties are going to make a mountain out of this molehill.
Independent American Youth, what you might get with McCain is DRAFTED!!!!
In fact, Rezko's wife purchased a lot adjacent to the house on which the Obamas had successfully bid, reportedly to meet the seller's demand that both properties be sold at once. The Times reported:

People familiar with the transaction said that the sellers did not want to close until that June 15, and that the sale would go through only if someone bought the adjacent lot from them on the same date. Rita Rezko paid $625,000 to outbid others for the lot and later sold the Obamas one-sixth of that land, for $104,500.

The Chicago-Sun Times reported on February 23 that Rita Rezko sold the remainder of the lot to a law firm owned by her husband's business attorney in late 2006. According to the Sun-Times, Rezko's profit from both sales totaled $54,500.

In October 2006, Rezko was indicted on charges that he "used his influence as one of Gov. Rod Blagojevich's closest advisers and fundraisers to seek millions of dollars in kickbacks and campaign donations from firms seeking state business," according to the Chicago Tribune.

http://mediamatters.org/items/200706150006


-----------------------Sunday, December 17, 2006
In June 2005, in what Obama now describes as a "boneheaded" mistake, Obama and Rezko's wife bought adjacent properties on Chicago's South Side, closing the deals on the same day. Seven months later, wanting a bigger yard for his $1.65 million house, Obama bought a slice of the Rezko property for $104,500.

http://www.washingtonpost.com/wp-dyn/content/article/2006/12/16/AR2006121600729.html
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I believe that, based on Barack Obama's self-written books 'Dreams from MY Father' and 'Audacity of Hope'/
his work throughout the years to give voice to the voiceless and hope to the hopeless(poor and union-workers)/ his speeches etc, he is a better candidate. He did not just happen upon Democratic principles in this campaign, he gave up hundreds of job offers over 20+ years ago to go work for $12,000/yr in one of the poorest neighborhoods in Chicago. He graduated magna cum laude/became head of Harvard Law Review/Civil Rights Attorney/taught constitutional law for over 10 years etc.  Obama went to work with churches that organized job training and other programs for residents of a massive housing project in Chicago. He persuaded the city to provide summer jobs, remove asbestos, repair toilets, pipes and ceilings. He went door to door, offering help for three years, then went to Harvard Law School. After law school, he registered 150,000 new voters in Chicago. He was finally able to pay off his college debt and buy his home using proceeds from his first bestselling book.
At some point in time, as campaigns become more desperate, I think this will be the area where the "digging for dirt" on Senator Obama will concentrate.  I tried posting this elsewhere on this site; don't think it went through. if it duplicates, I apologize.

State politics in Illinois is an unmitigated mess right now; we have an unenviable history of wheeler dealer politics to the nth degree. This year it is Democrats; the past few years it was the Republicans who were on trial.  Right now, in addition to the case noted above, Governor B is being investigated for financial wrong doing during his campaign and seems to have said he could guarantee choice state contracts to people who financially supported his campaign. Chicago Mayor Daley is no stranger to investigations into how he runs the city.  

My point is, that given all this turmoil and with accusations flying about so many people, it might be tempting for his opponents to try to fabricate a story that Senator Obama is somehow involved in some of this.  People have lied before to save their butts or to gain favor with prosecutors.  I think this might be a problem if Senator Obama becomes the nominee and the Republicans start digging. I simply don't trust advisors who worked under K Rove.
Rezko is at the center of a massive investigation into Illinois political corruption. Rezko and other major Democratic fundraisers/bundlers are being indicted left and right. Rezko was an Obama sugar-daddy for over a decade.
The connection between Rezko & Obama is old (and fully vetted) news.
"Rezko is at the center of a massive investigation into Illinois political corruption. Rezko and other major Democratic fundraisers/bundlers are being indicted left and right. Rezko was an Obama sugar-daddy for over a decade.
Robert Paulson, Manchester, NH (Sent Tuesday, January 08, 2008 3:35 PM)"
----------------------------------------------

I think the two were friends and may have had business dealing with one another involving the Obamas' home.  I'm vague on some of this, but it can be looked up.  In the past, I think Senator Obama called that deal "boneheaded."  

Senator Obama also may have written letters urging support for a development deal on behalf of Rezko while he (Obama) was a State Senator, but has said he did not consider that a special favor to Rezko.

As I said earlier, this might be an area of concern for the Obama campaign--I don't know.
I bet that most voters do not know that Obama paid $100,000 less than the market value of his home due to his relationship with Rezko.

I bet most voters will care -
Will people questioning Obama be labled rascist? Get ready if the Sen is elected no one will be able to question him for feer of the race card. Be very carefull what you wish for. A President you will not be able to question!!!
Independent American Youth, what you might get with McCain is DRAFTED!!!!
Joe Einloth (Sent Tuesday, January 08, 2008 2:59 PM)

For my country, I will if needed. I hope you not a lazy ass and coward who will dodge the draft.
For my country, I will if needed. I hope you not a lazy ass and coward who will dodge the draft.
Independent american youth (Sent Tuesday, January 08, 2008 5:50 PM)
******************************************************
Why wait for the draft? Volunteer......... Either too young or too scared.

I love it, even the cowards in the Repug party try to talk tough. Reminds me of W.
Obama came out of Chicago dirty politics. Tony Rezko bought lots of favors with political contributions. But what is most interesting is: Rezko's biggest contributions and close friend is Nation of Islam Louis Farrakhan.Very interesting.
how about the low income housing projects where the heat was shut off in the middle of winter...buildings in obama's district he claimed not knowing about...buildings managed by this rezko guy. for god's sake if obama did not know what was going on in his neighberhood are you guys willing to have him run this country when he could'nt run his own neighberhood? the guy is croooooook he is from illinois.
Obama has dealt with this issue. It has been thorougly investigated. It is old news. He said he made a mistake asking this guy for help. He did not know of his shady dealings and there were no political favors.  
Actually it was $300,000 under market value and it was reported today that at a news conference tomorrow Sunday the 20th more pieces of the Obama/Rezko puzzle will be revealed.
Here is the link:
http://www.pr-inside.com/crime-fighting-u-s-senate-candidate-andy-r395320.htm
This story did not even hit the news this evening. It is a big deal. The media has given Obama a pass. He has not been vetted. The clinton's have been vetted for 20 years. There is not much more you can try to dig up on them. Bill Clinton will go down in history as the greatest preseident since FDR. Loosers like dacshel and Kennedy are bashing him. The Clintons are winners. They are pragmatists. Obama and Kenneady are idealits. Bush is an idealist, Stalin was an ideaist, Hitler was an idealist. Vote with your brain not your emotions. Hillary will do a great job. Obama has not been tested or vetted. The media continues to give him a pass. MSNBC has shamefully and unjustifiably beat the Clintons to a pulp.
If you want to see Jesse Jackson and Al Sharpton in the Oval office, standing on Obama's right and left for the next 4 years - vote Obama. Notice how quiet those two con-artists have gone lately? Usually, in these kind of events where a black politcian is concerned, Sharpton and Jackson are front and center. Suddenly, they are on the missing list. They must have been told to keep quiet until Obama gets elected. Another point. If you want to see US troops and US tax payer dollars poured into another money pit like Iraq - this one being Africa - then vote Obama. Kenya, Obama's father was born there, is a basket case at the moment. Gangs of pot smoking whackos roaming around with machettes. If Obama was President, you can bet your last dollar we would be sending thousands of US troops, tons of material and equipment there and then the body bags would start coming back. Ask the Brits about their experiences with the Mau-Mau in Africa in the 1950's. By the way, even though I'm a democrat, I would have voted for Republican Colin Powell had he run but this guy, Obama, is a show salesman. Not a President. That isn't to say I'm happy with Hillary because I'm not but the devil you know is better than the devil you don't know. It galls me to say this but I might vote for McCain but way down at the bottom of my list for President is Obama.


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