Wednesday, November 15, 2006

Aren't There Any Honest Politicians?

  • Rep. Luis Gutierrez got a deal on a riverfront town house built by Antoin "Tony" Rezko, a developer and prominent political fund-raiser now under indictment for an alleged kickback scheme involving state pension funds.
  • Gutierrez paid $434,900 three years ago for the town house along the Chicago River just north of Diversey. That's far less than his neighbors paid for any of the other riverfront town houses in the development, records show.
  • Gutierrez no longer lives there. In March, he sold the town house for $610,000 -- a 40 percent profit.
We sure wish we were as business savvy as Luis. Imagine being able to purchase condos under market value and then make a quick 40% profit flipping it.
  • The congressman's deal with Rezko is surfacing soon after the Chicago Tribune reported that Rezko had been involved in a real estate transaction that allowed Sen. Barack Obama to buy a South Side mansion for $300,000 below the asking price, while Rezko paid full price -- $625,000 -- for the adjoining vacant lot, later selling a strip of the land to Obama.
And Obama, too. And Blago's wife making a hundred thousand or so on a mere handful of real estate transactions that she "can't recall" the details of, even though principals of the deals ended up with State jobs. Of course, none of them can hold a candle to a certain Southern governor's wife turning a $1,000 investment into an almost overnight $100,000 at the Board of Trade a few years back. What we wouldn't give for someone to start flipping on all these deals.

UPDATE: Damn! Off by a factor of 10. We blew that one. Post is now corrected and someone helpfully pointed out that other politicians of both parties profit via inside info. We have got to get us some of that.

26 Comments:

Anonymous Anonymous said...

None. Or should we say there are none after the first month of election.

11/15/2006 12:09:00 AM  
Anonymous Anonymous said...

Gutierez used to flip house in 014th dist near North/Damen ...heard he made big $

No knowledge of whether or not it was shady ... might have been legit.

Anyone wioth more knowledge of this? Near Wolcott/Wabansia?

11/15/2006 12:37:00 AM  
Anonymous Anonymous said...

According to John Kass... Rezco OVERPAID on Oboma deal.... and Rezco is a guy who never paid full price for anything ... funny

11/15/2006 12:38:00 AM  
Anonymous Anonymous said...

Great insight SCC, I was just about to do an "OFF-TOPIC" on 1 of your older blogs.

Yes, in theory, we live in this great democracy/free economy where were all equal. Its suppose to be a better democracy than the 40's, 50's,60's. Remember when u got too far out of line and u got killed(Kennedy using the Mob to get elected,then letting Bobby f*ck em!). Now the whore media is used to take u out(Nixon, Bill w/monica, the current onslaught on G. Jr.)

As far as Chicago goes, u can see its a closed system. They're all connected, and if your not, u can have a house, etc.. but u'll have to work 60-70hrs a week. These people(Blago,Daley,Stroger,Obam(s)a, etc) decide what areas are going to be hot and whats not. They're told where to put their money, so they get a huge return in 2 years. Just look at this beef w/this Syrian guy and just whose tied into him.
Thats part of the reason why they want everones so called"assault guns". They're all worried about a middle class uprising, and the mere possesion of these weapons is a threat to them. The soul purpose of their offices is to make their families and their close allies wealthy at all costs. If your Joe Copper, u can make some money, but you'll never be given any inside info to make real money.

Lets hope Fed Fitzgerald can take down Blago before 08 when he(Fitz) could be pulled by a liberal Pres. That Senator(whats his name) that put that Fitz there was/is a true reformer. I hope he is honored in future history.

11/15/2006 01:07:00 AM  
Anonymous Anonymous said...

Cops can’t afford a house in the city but a former terrorist like Little Luis is a real estate flipper thanks to guys like Rezko. Ain’t life great?

I'll never forget the sight of Little Luis in the pool of an expensive condo building in Acapulco (thank God for generous relatives) back in the late 80s. He was sitting in a little kid's inner tube with a drink in hand splashing around making a fool of himself.

My friends and I proceeded to taunt him by calling out "Luis, Luis" and whistling while appearing to ignore him. If he didn't already look goofy enough with his a$$ stuck in the kiddie inner tube (if camera phones had only been on the market then), the look on his face trying to figure out who poolside knew who he was: priceless. He never showed up in the pool the rest of our vacation…figured he wasn’t staying there and since someone knew who he was, he better not crash the place again.

I can’t wait for Fitzgerald to take all these crooked politicos down. Read on the site that Fitzgerald read names at the Police Memorial Park and afterward was overheard saying he was going back to work. Hope he was working on charges related to Obamarama’s and Little Luis’ sweet real estate deals.

11/15/2006 01:15:00 AM  
Blogger fillmoreranger said...

hmmm explains why he dropped his mayoral bid

11/15/2006 04:30:00 AM  
Anonymous Anonymous said...

NO! NO! and NO! To your question.

11/15/2006 05:13:00 AM  
Anonymous Anonymous said...

Didn't someone mention this a few threads ago as a reason that Lil Louis wasn't running for mayor?

11/15/2006 07:53:00 AM  
Blogger kateykakes said...

Q: How can you tell when a politician is lying?

A: His lips are moving.

11/15/2006 08:41:00 AM  
Anonymous Anonymous said...

governments prefer their peasants unarmed. if you want to massivly tax a people to advance your adgenda you had best dissarm them first.

11/15/2006 09:09:00 AM  
Anonymous Anonymous said...

POLITICIAN = LOWEST FORM OF POND SCUM. Show me a politician who has not sold his soul for money or power. Show me just one and I bet it is only because he hasn't been caught yet.

11/15/2006 09:57:00 AM  
Anonymous Anonymous said...

Lil Luis got caught before for not paying real estate taxes. Said he "forgot"

When Harold Washington "forgot " to pay any income taxes for 18 years he got sent to jail.

Both had sworn to uphold the law. Maybe they should use the Obama defense when caught with your hand in the till.....I promised but I have SUSPENDED that promise.....

Three thieves.

11/15/2006 12:30:00 PM  
Anonymous Anonymous said...

Oh my, Oh my got caught with your hands inside the cookie jar!!! What would a normal kid say? No, no, no I wasn't taking any cookies just making sure that they are all there. Just counting them I swear!

11/15/2006 12:37:00 PM  
Anonymous Anonymous said...

Answer to you questions : Are you kidding me SCC, No there are not even one soul of a honest politicians. If you look up the word politician it means - bandit, brigand, buccaneer, burglar, cardsharper, cat burglar, cattle thief, cheat, chiseler, con man, corsair, crook, desperado, despoiler, fence, forager, fraud, grafter, highwayman, hijacker, hold-up man, housebreaker, looter, marauder, mugger, operator, pickpocket, pilferer, pillager, pirate, plunderer, prowler, punk, raider, rustler, safe-cracker, sandbagger, second-story man, shoplifter, stealer, stickup man, swindler, thief, thug.

11/15/2006 12:49:00 PM  
Anonymous Anonymous said...

At least with Rudy the former mayor of New York putting his hat in the ring for President we have some hope for the future of this country. Could you imagine if we had a 9-11 type incident here? With the hdo clown running 311, and trotter with no skills trying to coordinate response it would be a disaster! Couple weeks ago I called jttf CPD unit and was told that they only work 9-5 Monday to Friday, what a joke! JTTF Joint terrorism task force. After the informative TARA session that I attended taught by the competent detective Zuley who told us many things about the terroist organizations are we ready? This department will never stop promoting merit (Clout) babies who have absoutely no clue how to be the police, or how to respond to a major event! But at least we have "Event Numbers".

11/15/2006 03:44:00 PM  
Anonymous Anonymous said...

The sad part is all these scamming reeling and dealings keep on going on no matter how much you put out in the media and these corrupt assholes are still voted into office by ignorant dedicated dumbocrats. All this shit will be forgotten and buried once Guttierrez and co. want to run for mayor. None of the Rezko brouhaha hurt Blago...we got him another term. And Obama admits "he made a mistake" being involved with Rezko but he's still flying high like he's some god ready to be the next president. Sigh.

11/15/2006 07:34:00 PM  
Anonymous off by 10 time$ said...

Hillary Clinton Futures Trades Detailed

By Charles R. Babcock
- Washington Post- May 27, 1994

Hillary Rodham Clinton was allowed to order 10 cattle futures contracts, normally a $12,000 investment, in her first commodity trade in 1978 although she had only $1,000 in her account at the time... ...she was able to turn her initial investment into $6,300 overnight. In about 10 months of trading, she made nearly $100,000, relying heavily on advice from her friend James B. Blair, an experienced futures trader... (click link above for the rest...)

11/15/2006 09:37:00 PM  
Anonymous G.W.B: 600 G'S -> $14 MILL.! said...

BUT THAT'S PEANUTS, S.C.C-
JUNIOR BU$H TURNED $600 THOUSAND DIRTY COLLAPSING ARBU$TO/HARKEN IN$IDER TRADING V.P. DADDY'S SHEIK BUDDIES-BAILOUT BUXX INTO $14.6 MILLION L-A-R-G-E GOLDEN PARACHUTE DOLLARS (FROM THE PUBLICLY FINANCED TEXXXAS RANGER$ "BALLPARK @ ARLINGTON" STADIUM SLUSH FUND... SO WHO'S THE BIGGER PIG AT THE TROUGH? "THE CRAWFORD RANCH-HAND, BY OVER 14 MILLION DADDY-DOLLARZ... (HOW DO YOU THINK HE COULD AFFORD THAT RANCH- ON A GOVERNOR'S SALARY???)

11/15/2006 09:55:00 PM  
Anonymous Anonymous said...

Luis G. is Maria Maher's cousin. Want to bet on who is going to be our next superintendent? Do ya' think he cut a deal with that jagoff Richie?............. RICHIE: You drop out and claim that your role in Congress is much more essential now that the dummycrats are in control..... and I'l make Maria the boss of the second largest police department in America! Just think how good that will be for Hispanics and females!...................... LUIS: Sure Richie.... but dont forget, I still get my cut of all the bribe money coming your way from Walsh Construction when you grant them the exclusive contracts to build your olympic village! ..........................RICHIE: Sure Luis, you are cheaper than that goddamn Jessie Jackson Jr.!......... Why the hell are we taking this bullshit? We have all the guns! Armed revolutions work all over South America every day! It's time to start dropping these S.O.B's!

11/16/2006 02:37:00 AM  
Anonymous Anonymous said...

Don't forget the MSM all of a sudden concern over the virtue of Rep. Murtha of Pennsylvania. I guess ole "cut & run" John is a real piece of shit. Shit caught on FBI video. OOPS!! I forgot, he's a Democrat - all forgiven.

11/16/2006 07:30:00 AM  
Anonymous Old Grey Guy said...

Tad off topic, but kinda close. Did you hear Cook County Acting President Bobbie Steele is going to retire soon so she can collect her pension at the President level. Lets see, she spends four/five months filling in for useless Johna and we end up giving her a higher pension - where do I sign up.

PS: I'm a retired Police Officer who has been lobbying for the compounding of the annual 3% increase. Right now the annual amount is the original 3% amount and each year's increase is the same. The salary does not compound as a number of other county and state pension programs do. FOP WHERE ARE YOU??????

11/16/2006 07:37:00 AM  
Anonymous Anonymous said...

I held a minority partner postition in a project that was similar to the units build across from 013. Each units cost was about 200K. So selling a unit for 325K still grossed the partnership 125K.

Let me see I was able to put 5 coppers into them. They walked into a deal that gave them an equity position of almost 150K. Far more than they would have realized buying N/W or Garcia Ridge or Mt Greenwood.

So its ok to me that (im holding my nose here) it happend that Osama and luis just took advantage of a legitimate business deal.

Whats the difference? Only the numbers. Coppers eat at places that give us a discount. Go to 7-11's or Dunkin or StarBucks that give free coffee. We (coppers) take advantage of our knowledge to save a few dollars. I know that my example is a stretch.

11/16/2006 01:06:00 PM  
Anonymous Anonymous said...

Mayabe G.W. should have just married the money several times over like stretch-boat johnny.

11/16/2006 11:45:00 PM  
Anonymous Anonymous said...

There are no good politicians and there are no good military leaders either. Bring our troops home NOW!!!
Enough blood for oil...War in Iraq is wrong...Cindy Sheehan was correct!!!
Oh why, oh why, are we allowing our children to fight this immoral war?
I shudder to think that my grandbabies will have to submit to a draft because of Iraq?
-concerned in 022

11/17/2006 12:56:00 PM  
Anonymous Anonymous said...

War in Iraq is wrong...Cindy Sheehan was correct!!!
----------------------
You truly are a jagoff. GGF.

11/18/2006 03:40:00 AM  
Anonymous Anonymous said...

Now that the election is over the gaggle of thieving rats that make up the Illinois Senate voted themselves a TEN PERCENT pay raise!

Ten percent plus TIPS, not a bad gig!

11/18/2006 11:12:00 AM  

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