Wednesday, July 30, 2008

The Rezko Connection Runs Deep for Obama

From the New Yorker.

Rezko was one of the people Obama consulted when he considered running to replace Palmer, and Rezko eventually raised about ten per cent of Obama’s funds for that first campaign. As a state senator, Obama became an advocate of the tax-credit program. “That’s an example of a smart policy,” he told the Chicago Daily Law Bulletin in 1997. “The developers were thinking in market terms and operating under the rules of the marketplace; but at the same time, we had government supporting and subsidizing those efforts.” Obama and Rezko’s friendship grew stronger. They dined together regularly and even, on at least one occasion, retreated to Rezko’s vacation home, in Lake Geneva, Wisconsin.

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