The Washington Examiner put together a 10 part piece about Obama’s past. From part 5, they show Obama’s allies getting rich off the suffering from others. It makes Romney’s Bain Capital look tame.
Obama’s toughest critic on the Left, however, was the late Robert Fitch. Fitch, a radical leftist and freelance journalist who specialized in urban politics and economics, said Obama surrounded himself with people who got rich on Chicago’s $1.6 billion neighborhood demolition program known officially as the Plan for Transformation.
At least 25,000 low-income apartments in Chicago were destroyed under the program, which forced thousands of black families — many of whom lived in Obama’s state Senate district — to move out of the city. Obama’s political allies directed the effort.
"What we see is that the Chicago core of the Obama coalition is made up of blacks who’ve moved up by moving poor blacks out of the community," Fitch charged in a 2008 speech before the Harlem Tenants Association. Fitch died in 2011.
Fitch claimed in that speech that Obama sold out to a corrupt Chicago establishment. "Obama’s political base comes primarily from Chicago FIRE — the finance, insurance and real estate industry," he said.
"It’s also true that key black members of the Obama inner circle are Daley administration alumni, but they’ve moved up — now they’re part of Chicago FIRE," he said.
Fitch singled out Obama’s most trusted aide, Valerie Jarrett, as one who stood out among those who made fortunes as real estate operators. Jarrett once worked for Mayor Daley, then later became CEO of the Habitat Co., one of the city’s largest real estate development firms.