Grim proving ground for Obama's housing policy - The Boston Globe: "CHICAGO - The squat brick buildings of Grove Parc Plaza, in a dense neighborhood that Barack Obama represented for eight years as a state senator, hold 504 apartments subsidized by the federal government for people who can't afford to live anywhere else.
But it's not safe to live here."
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Think Obama is a policy genius? Read this.
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“Grove Parc and several other prominent failures were developed and managed by Obama's close friends and political supporters. Those people profited from the subsidies even as many of Obama's constituents suffered. Tenants lost their homes; surrounding neighborhoods were blighted.
“Campaign finance records show that six prominent developers - including Jarrett, Davis, and Rezko - collectively contributed more than $175,000 to Obama's campaigns over the last decade and raised hundreds of thousands more from other donors. Rezko alone raised (another) $200,000, by Obama's own accounting.
“One of those contributors, Cecil Butler, controlled Lawndale Restoration, the largest subsidized complex in Chicago, which was seized by the government in 2006 after city inspectors found more than 1,800 code violations.
This gives a whole new meaning to Obama’s slogan, ”Yes we can!”
Obama's dealings with Tony Rezko - convicted of 16 corruption counts including fraud, money laundering, and taking kickbacks - are just the tip of the iceberg. What else don't we know about Mr. Obama ??
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