‘Explosive Revelation’: Obama Admits ‘Boneheaded Mistake’:

In what it describes as “special investigation”, The Times of London says that “a British-Iraqi billionaire lent millions of dollars to Barack Obama’s fundraiser just weeks before an imprudent land deal that has returned to haunt the US presidential contender. The money transfer raises the question of whether funds from Nadhmi Auchi, one of Britain’s wealthiest men, helped Mr Obama buy his mock Georgian mansion in Chicago.”

This startling revelation comes at a time when the electoral battle between Barack Obama and Hillary Clinton is at its fiercest…A no holds barred game.

The Times goes on: “A company related to Mr Auchi, who has a conviction for corruption in France, registered the loan to Mr Obama’s bagman Antoin ‘Tony’ Rezko on May 23 2005. Mr Auchi says the loan, through the Panamanian company Fintrade Services SA, was for $3.5 million. Three weeks later, Mr Obama bought a house on the city’s South Side while Mr Rezko’s wife bought the garden plot next door from the same seller on the same day, June 15……

“Mr Obama now admits his involvement in this land deal was a ‘boneheaded mistake’.”

More here…

One wonders whether the media and blogosphere, now in a virtual hysterical Obamania mode, would at least be highlighting, if not investigating, this ‘boneheaded mistake’. The world had earlier witnessed the media’s Bushmania, before and after, when the American troops went into Iraq and toppled Saddam Hussein. Where has the American journalism’s famous objective reporting/ethical standards gone?

Even American readers now prefer to turn to the media in Europe, especially Britain and France, to get a semblance of objectivity in the news and views.