Obama Media

Obama’s Friend Tony Rezko

Tim Novack of the Sun Times has a look at past Obama donor and friend Tony Rezko:

Obama has been friends with Rezko for 17 years. Rezko has been a political patron to Obama and many others, helping to raise millions of dollars for them through his own contributions and by hosting fund-raisers in his home.

Obama, who has worked as a lawyer and a legislator to improve living conditions for the poor, took campaign donations from Rezko even as Rezko’s low-income housing empire was collapsing, leaving many African-American families in buildings riddled with problems — including squalid living conditions, vacant apartments, lack of heat, squatters and drug dealers….Over the years, Rezko, Mahru, their wives and businesses have given more than $50,000 to Obama’s campaign funds, records show. And Rezko has helped raise millions more.

Rezko was among the people Obama appointed to serve on his U.S. Senate campaign finance committee, the Sun-Times reported in 2003. The committee raised more than $14 million, according to Federal Election Commission records, helping send Obama to Washington in 2004.

As a U.S. senator, Obama grew closer to Rezko.

Two years ago, Obama bought a mansion on the South Side, in the Kenwood neighborhood, from a doctor. On the same day, Rezko’s wife, Rita Rezko, bought the vacant lot next door from the same seller. The doctor had listed the properties for sale together. He sold the house to Obama for $300,000 below the asking price. The doctor got his asking price on the lot from Rezko’s wife.

Last year, Rita Rezko sold a strip of that vacant lot to Obama for $104,500 — a deal Obama later apologized for, acknowledging that people might think he got a favor from Rezko. Obama called the episode “boneheaded'’ and a “mistake.'’

At the time Obama bought that strip of land, it had been reported that Rezko was under federal investigation for influence-peddling involving the administration of Blagojevich, whose campaign also received Rezko’s financial support.

Rezko has since been indicted for allegedly demanding kickbacks from companies seeking state business under Blagojevich. Rezko’s trial has been postponed while investigators sort through his finances.

Obama Donors:”The Same Wealthy Interests”

Dan Morain of the Tribune looks at the gray areas of Obama’s refusal to accept donations from lobbyists:

The Illinois Democrat’s policy of shunning money from lobbyists registered to do business on Capitol Hill does not extend to lawyers whose partners lobby there.

Nor does the ban apply to corporations that have major lobbying operations in Washington. And the prohibition does not extend to lobbyists who ply their trade in such state capitals as Springfield, Ill.; Tallahassee, Fla.; and Sacramento, though some deal with national clients and issues.

“Clearly, the distinction is not that significant,” said Stephen Weissman of the Campaign Finance Institute, a nonpartisan think tank that focuses on campaign issues.

“He gets an asterisk that says he is trying to be different,” Weissman said. “But overall, the same wealthy interests are funding his campaign as are funding other candidates, whether or not they are lobbyists.”

Back to Hollywood for Obama

A friend today mentioned that he hopes Obama will take a pro-user tack on digital copyright policies. If he does, he will buck a lot of newfound Hollywood friends. After raising several million dollars from Geffen,Spielberg, Katzenberg and friends earlier this year, he’s going back for a second round on April 28. E! reports:

The host committee is chock-full of celebrities and other tastemakers, including Taye Diggs, Gabrielle Union, Jessica Biel, Adam Brody, Joy Bryant, Hill Harper, Sanaa Lathan, Oscar-winning producer Lawrence Bender and nightlife guru Pantera Sarah.

Obama goes back to LA for