Oct 11 2008

Who Owned Obama’s Home And Who Paid His Taxes? – Updated

Published by at 12:30 pm under 2008 Elections,All General Discussions

Keep Checking Updates At The End

One of my stellar readers, SBD, has been doing some research on Obama’s home in Hyde Park, Chicago. As the story goes the Obama’s bought the home in 1993 and subsequently sold it in 2005. But if you look at the records on the property they are very confusing and suspicious. Before we dive into the details, as we see them, I want to bring in Tony Rezko and his plea dealing efforts. 

From Hillbuzz there is news that convicted felon (and Obama associate) Tony Rezko is about to turn states evidence, and the rumor is he has an interesting target in his sights:

(2) We just spoke with someone well-connected in Chicago politics who told us that the bank Sneed is talking about has to be Broadway Bank, which is owned by the politically-connected Giannoulias family. We were told that Sneed’s column confirms rumblings people we know heard independently that Tony Rezko is giving up the Giannoulias family to Patrick Fitzgerald — Rezko and the Giannoulias family are as close and tied together as anyone in Chicago could be. If Rezko is turning on them, then Rezko is going to give up Governor Rod Blagojevich and Obama too.

4) The Giannoulias family was involved with Obama as far back as his first state senate campaign in 1996. It has been long rumored here in Chicago that Obama obtained a sweetheart deal on his first town home here in Chicago — which he could not have afforded otherwise — and guess who the financing came from for that house? We’ve been told it was Broadway Bank, the Giannoulias bank. Now, this sets up a scenario where the Giannoulias family helps Obama with his campaign finances and gets him deeper in their pocket with his sweetheart mortgage deal (for the first home he owned that he could not afford) – all in exchange for quid pro quo to be determined later.

This post just came out yesterday, as SBD was putting the finishing touches on his research. I don’t believe these two events are independent or coincidental. What could Rezko be singing about? Well, let’s see what SBD has developed.

Basically it is a lot of questions about a lot of conflicting records – no smoking gun (yet). We are throwing this data out to the blogosphere to bring more minds and tools to the problem. It may be nothing, and it may be the fatal October surprise that always seems to comes about. And no, I am not coordinating this with anyone, and neither is SBD who contacted me a week ago and was actually going down a different path until all the data came in.

Here is the summary of what was found in the records:

  1. A Lexis property search for Obama in Illinois shows the Hyde Park property in Obama’s name beginning in 1998, but Obama supposedly bought the property in 1993.
  2. All tax assessments from 1998-2004 are in the name of Emil is this the person paying taxes on the property for the Obamas until they sold the property in 2005?
  3. Obama Records have a different Legal Description than the original owner’s documents.
  4. Cook County Recorder shows completely different information than Lexis: Emil owns the property from 1986-1989, so why is he listed as paying taxes from 1998-2004 in other records?
  5. The property is passed via Warranty Deed to Stephen Anderson in 1989, then via Warranty Deed to Obama in 1993, then via Warranty Deed to Elling in 2005 – which aligns with the sequence one would expect given the standard news reports.
  6. There is the Warranty Deed to Obama from Anderson in 1993, however release of the Anderson Mortgage is not recorded until 1998, and there is a requests it be sent to Obama’s former Law Firm. 
  7. The Obama address in the 1999 records was shown as 927 W. Argyle 1W, not Hyde Park.
  8. The mortgage from Hyde Park Mortgage lent in 2002 is originally recorded and sent to Chase Manhattan Mortgage Company. Then assigned from Hyde Park Mortgage to Chase Manhattan Mortgage Company, Then it is supposedly Assigned again from Hyde Park Mortgage to Chase, but this last transaction says the original lender was Barbara Hill for an amount $30,000, property address 2772 E. 75th Street, Unit 3G S.
  9. Finally, a 2005 Release from GREATER IL TITLE CO is listed as a record of payment and there is another seperate Release from Hyde Park Mortgage, even though it had been assigned twice to Chase Manhattan Mortgage.
  10. The final sale by the Obamas was financed by Northern Trust, the same company that was used to purchase Obama’s new mansion which partially paid for by Rezko, who bought part of the land which he later sold to Obama.

SBD has produced various detailed reports and made copies of the materials he has gathered. The complete list of his work is linked below. We are offering this information up to the blogosphere and public in hopes they can help unravel what may be going on here with these records. 

To be fair, this could be nothing more than bad record keeping – but somehow given the Rezko connections and all these interesting names on the record of this one house it would seem worth investigating. There may be information other people have which may tie into this as well.

What is clear is we only have a few weeks to do the job the lazy and smitten news media should have done vetting our presidential candidates regarding possible corruption. SBD and I look forward to hearing from folks on what this might be and what other information they may have to add to this picture as it finally comes into focus.

SBD detailed reports: [Folks, meant to test the links before posting, they all work now!]

Summary Report

Full Chronology Of Property Records

Lexus Property Records

1993 Purchase Anderson-Obama File 1

1993 Purchase Anderson-Obama File 2

1998 Property Release

1999 Property Release

2002 Obama Mortgage with Hyde Park Mortgage

2002 Mortgage Assignment

2002 Mortgage Assignment Barbara Hill

2005 Elling Mortgage From Northern Trust

2005 Obama Mortgage Release

2005 Chase Manhattan Release

Update: Some details on the Rezko-Obama dealings regarding Obama’s first house.

Update: It seems Obama’s friend, the State Treasury Secretary, has a history of making bad loans – which in the current financial meltdown is the kiss of death.

Udpate: This paragraph at the end of the Hillbuzz post linked above caught my eye because now there is a 3rd Obama property deal in the mix:

Just thinking that last paragraph out, Obama’s defense in the Rezko business was that he never did anything for Rezko so there was no quid pro quo.  What the Giannoulias and Broadway Bank stuff proves is that Obama sits in people’s pockets for a while before the favor is given. He bought that town house sometime between 1997-2000 or so, since he lived there for a few years before trading up to the Obama Mansion with Rezko’s help in 2005, after he was in the United States Senate. 


Update: Seems even Bill Ayers isn’t exempt from this mess. One of the financial institutions tying Obama to Rezko was also used by Ayers and Obama for the Woods project.

Update: From this Free Republic post we find that Joseph and Rowena Emil appear to be legitimate, and sadly deceased:

Chicago Tribune – August 23, 2002
Joseph Emil , 82, beloved husband on Rowena; adored father of Carla Emil (Rich Silverstein) of San Francisco, CA, Jeffrey (Barbara) Emil of Tampa, Fl, Pamela Emil of New York City and Glen Emil of Chicago, IL; loving grandfather of Benjamin Emil and Matt Rogers; dear brother of William. Everyone who knew him, loved him and he will be greatly missed. Contributions made in his memory to a charity of your choice will be appreciated. Memorial to follow.


Chicago Tribune (IL) – March 13, 2006
Rowena Emil, nee Clyman, 79, loving wife of the late Joseph Emil ; beloved mother of Carla (Rich Silverstein) of San Francisco, Jeffrey (Barbara) of Tampa, FL, Pamela of New York City and Glenn Emil; grandmother of Benjamin Emil and Matt Rogers; sister-in-law of William (Sandy) Emil. A memorial service will be held at a later date. Please send donations to the charity of your choice.

This lets State Senator Emil Jones pretty much off the hook.

32 responses so far

32 Responses to “Who Owned Obama’s Home And Who Paid His Taxes? – Updated”

  1. lurker9876 says:

    That’s funny…I just came from http://www.hillbuzz.com and it has a post about this very topic but not to the details that SBD provided.

    Good work!

    P.S. hillbuzz.com’s talking about some RICO case that Patrick Fitzgerald has been working on for several years against Obama, voter fraud, and all.

  2. AJStrata says:

    Hillbuzz is linked in the post above!

  3. flownover says:

    waiting for the MSM to get this to the people ???

  4. lurker9876 says:

    Thanks, AJ! I went back and re-read it. Took note of it. Just thought it was coincidental to read both posts within 30 minutes! 🙂

  5. AJStrata says:

    MSM won’t do squat about this until the blogosphere finds something serious.

  6. […] AJ Strata. Links to documents, etc. Strata is asking for some of the experts in the blogosphere in help […]

  7. CarsonWales says:

    Here is one connection between Obama and the name Emil…though its the first name not the last name…

    “Turns out, according to former Chicago reporter Todd Spivak, all of his legislative accomplishments were in his final 7th year and were handed to him by his mentor, Ill. State Senate President Emil Jones.”


  8. Mike M. says:

    The real question is when indictments will be handed down. THAT would break this wide open.

    And I fear that it won’t happen – not until it’s too late.

  9. […] AJ is looking at questions connected to Obama and Rezko that clearly won’t be answered before the election, and which the press will ignore, while […]

  10. […] Owned Obama’s Home And Who Paid His Taxes? – Updated Who Owned Obama’s Home And Who Paid His Taxes? – Updated Published by AJStrata at 12:30 pm under 2008 Elections, All General Discussions Keep Checking […]

  11. crosspatch says:

    Looks like the mainstream media is starting to look at a string of fictitious donors to the Obama campaign. Looks like people are trying to get around the maximum donation limits by donating in fake names.

    Seems that every day that passes more dirt is uncovered surrounding Obama.

  12. sbd says:

    I think Fitzgerald is aiming higher than Broadway Bank and Rezko is actually singing about Auchie and what his money bought in Chicago including possibly the “presumed” future President of the United States. It is no doubt that Obama’s purchase of that mansion will be his downfall due to Auchie!!

    From Bagdad to Chicago: Rezko and the Auchi empire
    JOHN A. SHAW (former senior official of US Defense, State, and Commerce departments)
    October 10, 2008

    So we have a pattern of buying influence which tied directly into the Illinois Democratic Party, the Daley machine, and the Democratic National Finance Committee. It is no wonder that Barack Obama “has no recollection” of being at a welcoming dinner feting Auchi at Rezko’s house in April 2004. At that moment Auchi was flying high despite his corruption conviction in France: He was then still the darling of the neocon cabal at the defense department, which was so heavily invested in Iraq. He had been a welcomed guest at two White Houses, and appeared to own the entire Illinois government. We still do not have any sense of the full extent of his influence.

    A month later, however, his five year visa to the United States was revoked because of the findings of the DoD report on his central role in fixing the contracts for the entire Iraqi telecommunications system. In the ensuring four and a half years the outlines of his role as an ongoing arms dealer responsible for importing and exporting munitions into and out of Iraq, and as the financial ringmaster of reconstruction corruption in Iraq, have become increasingly evident, despite extensive efforts to cover up his role by Iraq reconstruction authorities and a submissive and buyable media. Auchi simply bought everyone he needed to buy in Iraq and the United States to carry out his Iraq agenda. Before his sentencing at the end of this month, however, Rezko may broaden our understanding of Auchi’s larger agenda.

    But his underwriting of the purchase of Obama’s multimillion dollar Chicago mansion may have been the step too far which finally brought down Auchi’s grand scheme of empire and intrigue. It was, however, cheap at the price to buy a putative United States Senator. Nothing boneheaded about that decision at all. What is a candidate worth? This was Chicago, after all. On the other hand, however, if Barack Obama becomes President of the United States, the sky may be the limit for Nadhmi Auchi.

    John A. Shaw is a former senior official of the Defense, State, and Commerce departments, and served on several White House staffs. He is a specialist in international technology transfer and arms sales, and in the economic development of the Middle East.


  13. sbd says:

    Someone on Free Republic did a search Joseph Emil in the SSN death index. Here is the result.

    Joseph Emil
    5450 S East View Park
    Chicago Illinois 60615
    SSN: (redacted)
    Born: 9 Apr 1920
    Died: 19 Aug 2002

    The death index shows Joseph Emil as having the Hyde Park address in 2002 when he passed away. But weight, it gets more bizarre.

    Another Freeper connects Emil with the San Francisco ad agency Goodby, Silverstein & Partners that came up with a series of spoof ads to promote the candidacy of Barack Obama including the McCain Homes ad.

    Chicago Tribune – August 23, 2002
    Joseph Emil , 82, beloved husband on Rowena; adored father of Carla Emil (Rich Silverstein) of San Francisco, CA, Jeffrey (Barbara) Emil of Tampa, Fl, Pamela Emil of New York City and Glen Emil of Chicago, IL; loving grandfather of Benjamin Emil and Matt Rogers; dear brother of William. Everyone who knew him, loved him and he will be greatly missed. Contributions made in his memory to a charity of your choice will be appreciated. Memorial to follow.



    Associated names:

    Available(2) Available MILL VALLEY, CA
    STINSON BEACH, CA Possible Relatives:


    Silverstein, Richard
    94941 Goodby, Silverstein & Partners/Adve $2,300 09/06/2007 G OBAMA FOR AMERICA – Democrat
    Silverstein, Richard
    94941 Goodby, Silverstein & Partners/Adve $2,300 03/29/2007 P OBAMA FOR AMERICA – Democrat


    San Francisco ad agency Goodby, Silverstein & Partners has come up with a series of spoof ads to promote the candidacy of Barack Obama.

    What is Silverstein’s elderly father-in-law’s name doing on Obama’s property records?

    Silverstein, partner in the agency created the ad that ridiculed how many houses McCain owns. Oh, the irony.

  14. Mark says:

    Bill Clinton fired every United States attorney when he came into office. Would we expect a politician tied to the Chicago machine to do any less?

    If any of these things are going to come down on Obama, they must happen long before January or they will disappear down the memory hole forever. If they do come down, they’ll have to be monumental enough that the MSM and the Obama machine can’t deflect it onto conservative “swiftboating” efforts to derail the “people’s choice”.

    And, after seeing Patrick Fitzgerald’s disgraceful smearing of Scooter Libby, I have no doubt he’s a democrat partisan, so the chance any of this becomes news seems remote to me. I wouldn’t be surprised if Fitzgerald is using these Rezko/Giannoulias rumors to extract a major promotion from the Obama camp. Delaying anything meaningful till January 21st would be worth any price to Obama and the Chicago machine. Naming Fitzgerald as Attorney General would cost Obama little with the American people.

  15. kathie says:

    Actually I don’t think it matters any more how he got his house, who he associated with, what kind of scoundrel he is, the MSM is hell bent on calling anyone that criticizes their messiah, a raciest. A far better politician then John McCain, who can’t even find a theme for fear of excluding someone, is needed to put a face on Barack Obama. And I tell you it makes me damn mad!

  16. owl says:

    Exactly kathie. I watched the response to the ‘angry man’ and then the one to the woman. Saw him with my own eyes and heard him with my own ears. Been so angry I glued my mouth for 24 hours. Wonder why they made the ad Erratic?

    God bless President George W Bush.

  17. kathie says:

    Do you know why MSM can determine our next President? Because the republican party did not push back for 8 years while they demonized every thing the President stood for, that he was elected to do by 51% of the voters. We let the Democrat party and MSM call him a lier, Hitler, a spy, a giver away of our dear Social Security, ruining our public school system by requiring standards, not looking after our energy supply, bankrupting the country, torturing people at will.

    Our, this President was dealt a hand that was played out on 911, and is playing out now in this financial crisis. He has had to make new rules to deal with terrorism that no one envisioned to keep this country safe. Every single infraction has been blamed on him and HE STOOD ALONE. You know what it breaks my heart. And now we could elect a radical. Ladies and gentleman a true RADICAL who finds the values that this country was founded on, abhorrent. Barack has hung out with socialists, communists and Marxist. Many years in his adult life are hidden from view, what did he do at Oxy, Columbia, Harvard? Who were his friends, where did he live? If questioned we a racists.


    I guess we get what we deserve, but the consequences are going to be bigger than most imagine.

  18. sbd says:

    kathie, your answer is incorrect. The reason the MSM can determine our next President is because it is controlled by a few powerful entities who push their own agenda rather than the public good. The internet and blogs such as this one is currently our only hope in getting our message heard. That is the reason I started this research because without a “smoking gun” catching fire on the internet, Obama will be our next President.

    The 700 Billion bailout is concrete proof that our “so called” elected officials don’t work for us, they work for the highest bidder. Everyone, was against the bailout, it did not matter if they were a Democrat or a Republican, they were against it. Did it matter??

    The fact that the first bailout vote failed due in large part to the Republicans probably sealed their fate in this election. Those in charge don’t want us Republicans messing with their agenda. They don’t want Republicans to defend our Constitution because it might catch on rapidly and the next thing you know, Republicans might be able to get rid of the unconstitutional private Federal Reserve Bank.

    I am afraid we as a country are speeding on “The Road to Serfdom” without any brakes.

    If you have never read “The Road to Serfdom” by F.A. Hayek, here is a link to the Reader’s Digest Condensed version.

    Hayek’s Main Thesis and Arguments

    Disagreement about the practical implementation of any economic plan combined with the inadequacy of the central planners’ resource management would invariably necessitate coercion in order for anything to be achieved. Hayek further argued that the failure of central planning would be perceived by the public as an absence of sufficient power by the state to implement an otherwise good idea. Such a perception would lead the public to vote more power to the state, and would assist the rise to power of a “strong man” perceived to be capable of “getting the job done”. After these developments Hayek argued that a country would be ineluctably driven into outright totalitarianism. For Hayek “the road to serfdom” inadvertently set upon by central planning, with its dismantling of the free market system, ends in the destruction of all individual economic and personal freedom.


  19. kathie says:

    SBD…..I agree our elected government works for the highest bidder in the main. I think MSM is more altruistic. They think they know best, what is good for us the people and they spend every waking hour trying to sell it to us. . In my heart of hearts, I don’t think this President works for the highest bidder. Maybe he was fed bad information, or maybe something else is going on that we don’t yet know about re the financial situation. Like someone or someones are trying to bring down western civilization. Or maybe this is so big and disastrous that this was the only way to stop it. I don’t know the answer, but I think this financial situation has the bigness of the 1939 depression, maybe even bigger, with out nationalizing the whole country this package might be better then the alternative.

    I also agree with you, without a smoking gun Obama will be president. He is too dazzling compared to McCain and enough people will not be persuaded otherwise.