Chicago trader, car nut, sports fan and political junkie. "Flying Debris" refers to warning signs behind the staging areas at drag strips. I happen to enjoy the sign reading "Caution Flying Debris Please Stand To The Right". Others may take amusement and solace in the sign over on the left side of the drag strip. Please don't look for much (if any) quarter mile blogging.
Sunday, August 24, 2008
Obama's Friend the "Granny Grifter" Will Speak in Denver
Obama's strange association with Illinois State Treasurer Alexi Giannoulias will likely be ignored by the media but it is worth reviewing as Giannoulias will speak in front of the Democratic National Convention in Denver on Monday night. After grad school and a stint in the Greek professional basketball league Giannoulias went to work at his family bank, the Broadway Bank of Chicago, during his first few months at the bank he oversaw a $1 million loan to an 83 year-old woman who did not understand the documents but was aided in her understanding by her co-signers, one was a Michael “Jaws” Giorango, twice convicted of bookmaking and later charged with running a nationwide prostitution ring (financed by millions in loans from the Broadway Bank, there isn't any evidence that the bank knew that their previously convicted mobster client was back in business) another co-signer was a more run of the mill local mobster. The $1 million disappeared within days and the bank soon went after the collateral, the 80-something Grandmother's home.
I kid you not, a banker whose family bank had a relationship with a convicted mobster made a $1million loan to that man, another mobster and an 83 year-old woman who could not understand the documents, whose home was used as collateral and the bank went to court to take that home. This being Chicago, a local judge ruled that every "i" had been dotted and that every "t" had been crossed so Giannoulias' bank got the now 89 year-old Grandmother's home. During the court proceedings Giannoulias repeatedly plead ignorance, he claimed to have no memory of the transaction. He claimed that he had no memory of the transaction because he had just started on he job but that statement really begs the question, if you don't remember the transaction in which two convicted mobsters and a woman come into your office with an 83 year-old woman who couldn't understand the documents that pledge her home for the loan, what are you going to remember? If that had been your Grandmother imagine how you would feel about the guy whose actions were then helping to defraud your Grandmother out of her home as he runs for state wide office with the help of your "rock star" Senator (Obama was the major reason that the guy got elected to state wide office) and now that kid will speak in front of the Democratic National Convention. Imagine if that had been your Mother or your Grandmother.
Giannoulias is where he is because of the "rock star" support of Barack Obama:
We should all ask, is Obama where he is because of people like Giannoulias?
I try not to wander over to the pit of ignorance that is Ellen's Tenth... due to the fact that like petulant, spoiled third-graders they bring nothing to the table. Well the head dip Ellen Beth Gill has another in what must be an unending string of boring posts that blame Rep. Mark Kirk (R-IL) for everything bad that has ever happened to anybody Ellen has ever met, and her psoriasis. Only joking about the possible psoriasis, that may be the one thing that Ellen has not blamed on Congressman Kirk.
How many people should die in order for some of our fellow countrymen to not feel any discomfort? Would the allegedly virtuous among us trade the lives of the murdered Cantor Fitzgerald employees in order to make themselves feel better about themselves? How about the murdered employees of Marsh McLennan? How about the murdered employees of AON Insurance? How about the lives of the WTC janitors and support staff? How about the lives of all of those courageous firemen? How about the lives of the murdered Pentagon employees?
In that post I stated that the strange Democratic leader Harry Reid supported protecting those who would murder Americans in order to make himself and his fellow travelers feel more righteous about themselves. I guess that Ellen and her crew have been feeling a wee bit down about themselves lately (well, not just lately) and they need to buck themselves up by supporting terrorists. Lovely people.
While reading the drivel that passes for insight up in Ellen's hell it struck me that those folks have absolutely no clue concerning strategy of any sort. Not really a shock but notable. What are those people willing to do to protect Americans? Well, if we catch the culprits after they kill Americans the Democrats may be willing to make you pay for the terrorist's lawyers. Are they willing to make a terrorist uncomfortable for 35 seconds? No. Screw you. And screw yours.
Last week I wrote a few posts on the disgraceful Democratic Illinois State Treasurer Alexi Giannoulias who ripped off an 83 year-old woman who did not qualify financially for the $1 million mortgage (as he admitted under cross examination), could not fill out a mortgage application while using a mortgage scam run through his family bank with the help of convicted mobsters. The mobsters have felony records including bookmaking, prostitution and one of them had been convicted twice of bank fraud. Mr. Giannoulias claimed "I know nothing" repeatedly in court. That strains credibility unless the Broadway Bank of Chicago is in the business of making loans to 83 year-old ladies and their mobbed-up associates in order to perpetrate frauds. Additionally the pompous Mr. Giannoulias was elected with the help of "squeaky clean" Barack Obama. Where is Ellen when her friends, with the help of their mob associates are ripping off senior citizens with mortgage scams and getting elected to public office with the help of Barack Obama? The last linked post even includes a Barack Obama commercial for the mortgage scam artist. Where is Ellen? Nowhere, that's where she is, nowhere.
She's a real nowhere girl Living in her nowhere world Making all her nowhere plans For nobody
But I digress. This is the Democratic world in a nutshell: they will endanger your life and the lives of your friends and relatives so that they don't have to accept the world as it is. That might shatter their carefully crafted world of delusion. They live in a fantasy world where everything is wonderful except for that evil Bush (Kirk) who brought all of this Islamo-fascism to the world. If it weren't for Bush (Kirk) those jihadists would be making beautiful rugs for orphanages around this wonderful world of ours. Additionally the mortgage problems that we have been experiencing during the last year are the fault of Bush (Kirk). You know, he (they) own(s) property so it must be his (their) fault. The mortgage problems really, really, really have nothing to do with mortgage scams and frauds run by Democratic leaders. Heaven Forbid.
As Flying Debris pointed out earlier today the Illinois State Treasurer Alexi Giannoulias was involved in an alleged mortgage fraud five years ago. Mr. Giannoulias' family bank the Broadway Bank in Chicago made a $1 million loan to an 83 year-old woman who could not fill out the loan form and who was brought to the bank by two felons and another person. One of those men had twice been convicted of bank fraud. Mr. Giannoulias admits that he knew that the felons were involved and that in his own words "I'm not sure it would be a prudent loan." Well sure, the loan payments were $9,845 per month while the bank's own loan documents show that Ms. Billings had an income of about $10,000 per month. So thats great, when he was working at the family bank he saw the collateral of property in the 1100 block of West Washington St., just west of the traditional Greektown. However when on the witness stand Mr. Giannoulias had a revelation, hey maybe $165 per month is not reasonable for an 83 year-old woman to live on.
Mr. Giannoulias is currently the State Treasurer here in Illinois thanks to the effort of one Barack Hussein Obama, yep that guy who's running for President. Senator Obama (D-IL), spent considerable energy helping the campaign of Mr. Giannoulias, both during the primaries and the general election. This scandal was known during that time. The commenter on this post, an alleged North Side Serf pretty much summed it up nineteen months ago:
Mr. G is the personal pet, sorry, "candidate", of rock star senator Barak Obama. You know, Mr. Clean, voice of a new generation, blah, blah. There is NO WAY Obama, scion of Ricahrd II's Chicago dynasty and beloved of the patroage army that toils there, is clean of the filth of Chicago and Illinois politics, among the most corrupt in the nation. This is just the tip of the iceberg.
The Chicago Tribune had an interesting observation of Mr. Giannoulias, "(h)e appeared largely unruffled during about three hours of questioning, though he frequently could not remember details, often repeating, "Again, that was five years ago." Let me get this straight, the guy is in his first month of a new job at the family bank, he has a strong academic and athletic background (Boston U Cum Laude, Basketball), one would hope that this loan was an unusual loan, what with the bank fraud convictions, and the size of the loan at a bank that descries itself as a "Community Bank". Add to all of that, the public has known about this for some time so Mr Giannoulias has known about this brewing scandal for years and he still can't remember. I just don't buy the whole "I Know Nothing!" line that Mr. Giannoulias has been using in court, the guy isn't an idiot. Think about your first months or even years in different jobs, it's the odd things that stand out, like felons and 83 year-old ladies.
So what did Sen.Obama see in Mr Giannoulias? Well they both play basketball and they both excelled at universities in Boston. I will confess that I always figured that it was money, and that likely played a part. Fair or unfair that is the life of a politician. I will also state that during the 2006 election I found those Obama/Giannoulias commercials to be odd, after all we knew a lot about Giannoulias' Granny-Gate by that time; so what the heck was our Senator doing pushing this guy?
Welcome MyDD readers, this post from early January has a list of Obama posts on Flying Debris. Ms. Hu is correct, there is more out there, my list of posts is long and misses at least two subsequent posts and I'm not a professional.
Sen. Barack Obama (D-IL) has been bragging about his time in the Illinois legislature, one of the most corrupt legislative bodies in the land. In a campaign speech Obama bragged that "I've been in elected office longer than John Edwards or Hillary Clinton," said Obama. "I've passed more bills I'm sure than either of them --certainly in the state legislative level."
No word yet from the Obama camp concerning the Senator's background with Tony Rezko. Just last night Obama was at a fund raiser thrown by another unsavory charachter, a former banker to some Chicago mobsters Alex Giannoulias.