not surprising...more corruption on obama (thoughts, rating, elect, money)
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If Obama is found to have received favoritism in his mortgage agreement, vs other borrowers from that bank with super jumbo mortgages at the same timeframe, her massive promotion will get closer critical scrutiny.
It can get a ton of scrutiny. The University of Chicago I believe is a private school and if there is no overlap between University operations and Obama the senator so what? Obama was on the staff part time there is that a conflict of interest?
Spouse employment – We ignored routine work and focused on work for interest groups and political organizations and where an employer’s name sounded like it might be an advocacy or company doing lobbying. This screen might have missed some instances where spouses are really lobbyists but whose company or organization is primarily not focused on lobbying (i.e. Nike, whose primary activity is making athletic gear but which has lobbyists). Likewise, this screen probably includes many spouses who have no role in lobbying or policy advocacy whatsoever and instead work for companies that happen to lobby on behalf of others, such as many law firms in Washington. The financial disclosures simply don’t reveal the precise nature of the spouse’s employment. While there are many imperfections in this data set, we include it in case it spurs useful inquiries.
Was she a lobbyists for the University a policy advocate with congress? Then it is no big deal. Did his job help her maybe but that is the norm in private industry and she operates in influential Chicago circles. She is credentialed in her own right and has a right to her own career.
Sure the haves, have better opportunities then others and I hope we all encourage our kids to become haves.
Folks the University of Chicago is a private school and can hire who they want at the salary they want. There is no legal or ethical violation for a congressional spouse to get a good job in the private sector. If their job falls within lobbiest and certain advocacy classifications then disclosure forms may need to be filed. If you want a good job marry a congress person. This isn't an issue of public tax funds etc. If a University of well respected and financially well healed wants to pay well then that is up to them and approval of the Board of Trustees. Want to use your clout to get your kid a job go for it. Many other people do. Do you really think that in the modern world a magic last name isn't worth a lot more then ours?
4.68 billion dollar endowment buys a lot of salary. Number 9 ranked national university and you know how competitive they are for each spot in the ranking. Believe me I know and they are willing to pay for each and every admitted student who has legacy or name recognition and staff who have name and university recognition. Do you really think a graduate from University of Kansas is on the same plane as one from Harvard? Or a plain old Smith vs a brand name? Do you know how competitive they are for top students? Now with all the free publicity between Obama the candidate and his crew of advisors and consultants connected with the University they are in ranking heaven. Even discussions like this give them that free name advertisement for recruiting etc.
With a last name of Obama how much do you think DePaul would offer to get her working for them?
seems someone has found some problems with the obama's mortgage loan and it appears they were given a nice deal like the rest of the democrat senators.
judicial watch has filed a complaint:
Judicial Watch files complaint over Obama’s mortgage
It appears that due to his position as a U.S. senator, Barack Obama received improper special treatment from Northern Trust resulting in an illicit ‘gift’ which has a value of almost $125,000 in interest savings,” wrote Judicial Watch President Thomas Fitton in a letter to the Ethics Committee.
The complaint also notes that Northern Trust employees have given $71,000 in donations to Obama’s campaigns.
obama is turning out to be a real clown with dirty hands.
Hmmm let me let you in on a secret. You can negotiate interest rates. You can shop around for interest rates. You can let lenders know you are shopping around for interest rates. If you are skilled in debate and logic (think lawyer) you can negotiate a lower rate. Do you think if you are affluent and well known the bank wants you to take your money elsewhere. Prior to being elected to office he was known in the community. He offered less then full price on the house and was the only offer so he got it. Millions are doing that today. Are you folks buying houses at full/original list price? Do you just walk into a car dealership and buy a car at MSRP and accept what ever they give you as a loan rate? I am sure most of you leverage your assets to get the most favorable financial terms possible, why shouldn't he?
seems someone has found some problems with the obama's mortgage loan and it appears they were given a nice deal like the rest of the democrat senators.
judicial watch has filed a complaint:
Judicial Watch files complaint over Obama’s mortgage
It appears that due to his position as a U.S. senator, Barack Obama received improper special treatment from Northern Trust resulting in an illicit ‘gift’ which has a value of almost $125,000 in interest savings,” wrote Judicial Watch President Thomas Fitton in a letter to the Ethics Committee.
The complaint also notes that Northern Trust employees have given $71,000 in donations to Obama’s campaigns.
obama is turning out to be a real clown with dirty hands.
Hmmm let me let you in on a secret. You can negotiate interest rates. You can shop around for interest rates. You can let lenders know you are shopping around for interest rates. If you are skilled in debate and logic (think lawyer) you can negotiate a lower rate. Do you think if you are affluent and well known the bank wants you to take your money elsewhere. Prior to being elected to office he was known in the community. He offered less then full price on the house and was the only offer so he got it. Millions are doing that today. Are you folks buying houses at full/original list price? Do you just walk into a car dealership and buy a car at MSRP and accept what ever they give you as a loan rate? I am sure most of you leverage your assets to get the most favorable financial terms possible, why shouldn't he?
I bet he read all of the contracts also did you?
When you negotiate do you strive to do aveage or better then average/
Wow I bet a part time law professor at Univ of Chicago gets real honest treatment.
You to can get that salary bumped up and that interest rate knocked down.
Law school at Harvard teaches a lot and when you buddies parents own the banks you really can do well. Has anyone inquired who at the bank they may have gone to college with? Or who at the University they went to Harvard with? that just might answer some of your questions. Like I said elite universities give you connections, connections and even more connections.
Judicial watch is just that and will go where ever they want. However home purchase price and interest rates obtained are a function of smarts and homework.
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