AUGUST 06, 2010
The president who promised change wants a shady pal whose bank folded after giving Russian mobsters and a jailed Democratic fundraiser millions of dollars to fill the U.S. Senate seat he once occupied.
The unwavering endorsement of Alexi Giannoulias for Illinois Senator certainly indicates that President Obama wants to maintain the status quo—rather than change it—in the famously corrupt Chicago political monster that’s been empowered by his presidency.
Currently Illinois State Treasurer, Giannoulias has enough skeletons in his closet to question the support of a commander-in-chief. The family bank (Broadway Bank) he operated in
Jailed Syrian businessman Antoin Rezko, a longtime Obama supporter and benefactor, also got a $23 million “loan” from Broadway Bank while he was embroiled in a huge federal investigation. Rezko’s probe quickly resulted in criminal charges and subsequent bribery, mail fraud and money laundering convictions.
Most recently Giannoulias was embroiled in the bribery scandal masterminded by ousted Illinois Governor Rod Blagojevich. Court testimony in Blagojevich’s corruption trial indicates that Giannoulias, who was subpoenaed to testify, tried to sway the disgraced governor to appoint him to Obama’s old senate seat. The jury is still contemplating Blagojevich’s fate in a
Just blocks away from the deliberations, the president held a fundraiser for Giannoulias this week at a fancy downtown
More importantly, Obama said, “you can trust” Giannoulias. One political news publication points out that it was a “valiant effort to help Giannoulias move past the ethics questions that have dogged his campaign.” That may very well be the understatement of the month.
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