The "Rezko" game
(updated below)
Throughout the 1990s, the word "Whitewater" was the weapon used continuously by the Limbaugh Right and the establishment press to cast innuendo on the Clintons' financial lives. The word was just tossed around as slippery shorthand for corrupt dealings. It never had any substance. No specific allegations of wrongdoing were ever made about the original "Whitewater" transactions by those throwing the term around. And after $73 million was spent on an endless investigation, no wrongdoing on the part of the Clintons was found.
One could read literally thousands of news accounts about the "Whitewater scandal" and never encounter a single, specific charge of impropriety. The word simply stood for a series of confusing, complex, boring financial transactions that were combined with dark and vague innuendo which, repeated enough, led to a "where-there's-smoke- there's-fire" presumption of guilt. Slothful journalists could not get enough of the tactic because tossing "Whitewater" around required no real work, active investigation or critical thought -- the mortal enemies of most establishment reporters -- but instead was just a cheap and easy way to imply that they were pursuing some sort of scandal.
"Rezko" is the Whitewater of the Obama campaign. It's almost impossible now to find an article or news account about Obama that doesn't include some dark reference to the "Rezko" affair, always with the suggestion or even overt claim that it's reflective of some serious vulnerability, some suggestion of wrongdoing and corruption. But what is it? The reporters throwing the word around quite plainly have no idea.
Having paid only casual attention to it in the past, I spent several hours yesterday morning reading every "Rezko" article I could find in an attempt to understand as much as possible about the allegations. The point isn't that there is no credible evidence of any wrongdoing on the part of Obama, although that's unquestionably true. It's far beyond that. There aren't even any theoretical allegations or suggestions as to what he might have done wrong at all. The person who is accused of wrongdoing is Tony Rezko, in matters inarguably having nothing to do with Obama. Nobody claims otherwise (although many try to imply otherwise).
The only substantive connections Obama and Rezko have is that the latter was a contributor to Obama's campaign and was a partner in a standard residential real-estate purchase which nobody suggests, at least in terms of Obama's conduct, was anything but above-board. But Rezko himself has a sinister-sounding, villain-like last name and is of Syrian origin, which, for multiple reasons, helps build the shallow media drama.
more...
http://www.salon.com/opinion/greenwald/2008/03/05/rezko/index.html