Obama Cozies Up to Giannoulias
Maybe the president should have second thoughts.
3:47 PM, Aug 2, 2010 • By DANIEL HALPER
President Obama was believed to be avoiding Alexi Giannoulias. Why? Well, Giannoulias, who is vying for Obama's old Illinois Senate seat and is a former basketball buddy of the president, has become something of a political toxin. It became public that the former banker serviced loans to mobsters and crooks, and Giannoulias's own family bank collapsed, creating yet another political embarrassment for the candidate who is currently Illinois's state treasurer.
But Obama seems to have had a change of heart, and later this week he will host a political fundraiser for Giannoulias in Chicago. Will, perhaps, this latest news story from the Chicago Sun Times persuade the president from associating himself with Giannoulias?
Obama himself was closely associated with Rezko. And he spent a significant portion of his presidential campaign trying to distance himself from the crooked real estate developer. So why would he insert himself into the middle of this fiasco now?