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V. Obama’s Heart of Darkness: Rezko, Auchi, Alsammarae, and Chicago Graft 193

LOOTING OF PENSION FUNDS WAS OBAMA’S SPECIALTY


Important aspects of Combine operations in which Obama was involved dealt with the organized
looting of investment funds earmarked for the retirement income of state employees. Obama’s
contribution was to streamline the process by which these pension funds could be bilked.


Obama’s using the lure of the pension funds to raise campaign money goes way back. In 1999,
he “was instrumental in the formation of a coalition of black investment firm owners and
legislators in Illinois to create an initiative that would award black-owned firms with the
management of some of the state’s retirement funds,” according to a 2004 article on Black
Enterprise.com. [...] However, the Times pointed out that Obama’s political career had
benefited many times over from his ties to the group. “Several of the businessmen or their
wives would help clear the debts from his Congressional race,” the Times wrote, “and six of the
group’s members are now among the top fund-raisers for his presidential campaign, according
to campaign finance records.” (Evelyn Pringle, opednews.com)
Obama’s services in making it easier for black oligarchs to siphon off money from these
retirement accounts led in turn to increased campaign contributions for the Perfect Master:


During this period, the Times says, campaign finance records show executives from Ariel
Capital, Loop Capital, Holland Capital and Capri Capital, “sharply increased their donations” to
Obama’s State Senate campaign fund. “And once he began his campaign for the United States
Senate,” the Times wrote, “they quickly became a fund-raising core that has carried over into
the presidential race.” (Evelyn Pringle, opednews.com)
These machinations also help to explain one of the legendary Damascus road conversions of the
2008 primary season, the decision of former Clinton ally and DNC Chairman David Wilhelm to
join the ranks of the renegades endorsing Obama. Wilhelm had been implicated for some years in
shady activities in which Obama had also been a protagonist:


Obama was chairman of the Senate Health & Human Services Committee in January


  1. A few articles in the media have mentioned that Obama sat on a committee that
    reviewed matters related to the Planning Board in conjunction with the Governor’s staff but
    none have discussed his integral part in getting the bill passed A June 2003 email exchange
    produced in the trial shows Obama was one of eight officials who received the names of the
    nominees for the new Board ahead of time, from the office of David Wilhelm, who headed
    Blagojevich’s 2002 campaign for governor. The corrupt new appointees were all
    contributors to the presidential hopeful, Blagojevich, and the US Senate hopeful Obama. On
    February 14, 2008, Wilhelm endorsed Obama in a call with reporters, citing the senator’s
    “masterful” campaign organization and strategy as well as his “undeniable momentum.”
    “He has outworked, out-organized and out-raised his opponents every step of the way,”
    Wilhelm said. “The Obama campaign, win or lose, will serve as a model for future
    generations to come.” Wilhelm’s firm has received a subpoena for records related to
    pension fund investments.’ (Evelyn Pringle, opednews.com)
    Pringle thinks that the Combine wanted to put Blagojevich into the White House, but the
    presidency is beyond the reach of gangsters at this level, unless the Trilaterals and related financier
    forces approve.

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