“Obama’s Early Chicago Rise Brought African-Americans Foreclosures, Bankruptcies”
A few weeks ago I posted the analysis by Robert Fitch, an old white power-to-the-proles lefty, of Obama`s role in Chicago`s real estate wars.
Now in the Daily Caller, Neil Munro has a long article shedding light on President Obama`s role in Chicago`s real estate disaster, using as a focal point the one case in which Obama ever spoke up in court (according to a 2008 Chicago Sun-Times article), a disparate impact discrimination lawsuit against Citibank to get more mortgages for minorities.
President Barack Obama wants his 2012 re-election campaign to focus on Gov. Mitt Romney’s private-sector record, but his own private-sector history shows that he promoted and profited from the nation’s disastrous real-estate bubble.
One striking example comes from the president’s 1995 housing-discrimination class action lawsuit: It provided him with legal fees, greased his political donations and boosted his role in Chicago politics.
While he made personal gains, his lead African-American client, Selma Buycks-Roberson, declared bankruptcy in 2001 — and again in 2008 as she received a home foreclosure notice, according to unpublicized federal and city records obtained by The Daily Caller.
Read the whole thing there.