Getting rather close to home for the President:
U.S. Senate candidate Alexi Giannoulias, the Democratic nominee seeking the seat once held by President Barack Obama in Illinois, vowed to press on with his campaign after regulators seized the bank his family owns.
“My campaign for the United States Senate goes forward, with a renewed determination to turn Illinois’s economy around and to fix what’s broken in Washington, D.C.,” Giannoulias said.
The bank ties in with convicted influence-peddler Tony Rezko who, in turn, worked the crooked deal which secured Obama a swank home at a bargain price. Its all of a piece, this Chicago corruption – there is no isolating in. They are all in it, together.
And now Giannoulias’ bank has failed – while he’s running for Obama’s old Senate seat. Good news for the GOP, but bad news for the people who foolishly invested in the bank.
Now, just for a moment imagine this were 2008 and this bank had been owned by a friend of President Bush. Wonder what our liberals would have had to say about that?