228 Barack H. Obama: The Unauthorized Biographyinfamous Angelo Mozillo of Countrywide bank. The first two Democratic senators involved were
Kent Conrad of North Dakota and Chris Dodd of Connecticut both of whom attempted to weasel
out of the charges. But then, at the beginning of July, it was revealed that the divine Barky had also
received a sweetheart mortgage when he bought the ostentatious mansion that his friend, convicted
felon Tony Rezko, had helped him to acquire. The Washington Post reported:
Shortly after joining the U.S. Senate and while enjoying a surge in income, Barack Obama
bought a $1.65 million restored Georgian mansion in an upscale Chicago neighborhood. To
finance the purchase, he secured a $1.32 million loan from Northern Trust in Illinois. The
freshman Democratic senator received a discount. He locked in an interest rate of 5.625 percent
on the 30-year fixed-rate mortgage, below the average for such loans at the time in Chicago.
The loan was unusually large, known in banker lingo as a “super super jumbo.” Obama paid no
origination fee or discount points, as some consumers do to reduce their interest rates.
Compared with the average terms offered at the time in Chicago, Obama’s rate could have
saved him more than $300 per month.’ Michelle and Barky had succumbed to the insatiable
greed which is typical of the parvenu in all places and in all ages, and does not vary according
to whether the oligarch in question is white, black, or some other color. The tastes of the man of
the people were revealed to be sybaritic: ‘The couple wanted to step up from their $415,000
condo. They chose a house with six bedrooms, four fireplaces, a four-car garage and 5 1/2
baths, including a double steam shower and a marble powder room. It had a wine cellar, a music
room, a library, a solarium, beveled glass doors and a granite-floored kitchen.’ (Joe Stephens,
“Obama Got Discount on Home Loan; Campaign Defends Lower Rate as Lender Competition
for Business,” Washington Post, July 2, 2008)
The question was now whether Northern Trust had given Obama the sweetheart rate because of
his honest face, or in the hope of building up chits that could be used to influence legislation later
on. A glance at the Board of Directors of Northern trust revealed the presence of none other than
Susan Crown, a close associate of her relative James Crown, whom we have already identified as
one of Obama’s most important backers and controllers. Susan Crown is the vice president of the
Crown family counting house, Henry Crown and Company, and has served on the Board of
Directors of Northern Trust since 1997. Susan Crown is an important oligarch in her own right: she
is also a trustee of Yale University.
OBAMA SELLS OUT MAYTAG WORKERS
The parasitical Crown family has played a major role in the demontage of the Maytag Corp.,
which was once one of the biggest appliance makers in the United States. To make the sweetheart
mortgage scandal even more outrageous, we must remember that Obama lent the Crown family in
the person of Lester Crown a helping hand by co-opting the protest of threatened Maytag workers
into his 2004 senate campaign, and, once he had their support, selling them down the river. This
particular stab in the back developed as follows:
Crown family members have been major donors to Obama’s campaigns, and serve on his elite
fundraisers group for his presidential campaign. Among the most disturbing stories of Obama’s
many efforts to give political and legislative advantages to the Crown family’s holdings, Senate
candidate Barack Obama promised Illinois’ Maytag workers he’d work to protect their jobs —
and took campaign donations from the beleaguered workers — but then met with Lester Crown,
on the board of directors of Maytag, to take his campaign donations. Crown later told the press
that Obama never raised the workers’ fate with him. The machinists lost their jobs to Maytag’s