Smells Like Team Spirit

Valerie Jarrett is one of Barack Obama's closest advisers.

(CNN) — A prominent Democratic source close to Barack Obama confirmed Sunday that Valerie Jarrett is Obama’s choice to replace him in the Senate.
Jarrett is a Chicago lawyer and one of Obama’s closest advisers. She is also one of the leaders of Obama’s transition team.

Rep. Rahm Emanuel, the incoming chief of staff, said Sunday that he had not seen the report from Chicago’s WLS-TV that named Jarrett as Obama’s top pick, but he praised her as a “valuable ally.”

“People should know that Valerie Jarrett is* — and people do know — she is a very dear friend of the president-elect and a valuable ally of his, not only prior to running for president, in his Senate life, and just personally for Michelle and Barack,” Emanuel said on ABC’s “This Week.”

The Illinois governor, Rod Blagojevich, will make the final decision on who will be Obama’s successor.

*
Valerie Jarrett, a senior adviser to Obama's presidential campaign and a member of his finance committee. Jarrett is the chief executive of Habitat Co., which managed Grove Parc Plaza from 2001 until this winter and co-managed an even larger subsidized complex in Chicago that was seized by the federal government in 2006, after city inspectors found widespread problems.

Campaign finance records show that six prominent developers - including Jarrett, Davis, and Rezko - collectively contributed more than $175,000 to Obama's campaigns over the last decade and raised hundreds of thousands more from other donors. Rezko alone raised at least $200,000, by Obama's own accounting.

http://www.boston.com/news/nation/articles/2008/06/27/grim_proving_ground_for_obamas_housing_policy/?page=full

http://sarah-palin-2008.blogspot.com/2008/11/grim-proving-ground-for-obamas-housing.html




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Grim proving ground for Obama's housing policy

CHICAGO - The squat brick buildings of Grove Parc Plaza, in a dense neighborhood that Barack Obama represented for eight years as a state senator, hold 504 apartments subsidized by the federal government for people who can't afford to live anywhere else.

But it's not safe to live here.

About 99 of the units are vacant, many rendered uninhabitable by unfixed problems, such as collapsed roofs and fire damage. Mice scamper through the halls. Battered mailboxes hang open. Sewage backs up into kitchen sinks. In 2006, federal inspectors graded the condition of the complex an 11 on a 100-point scale - a score so bad the buildings now face demolition.

Grove Parc has become a symbol for some in Chicago of the broader failures of giving public subsidies to private companies to build and manage affordable housing - an approach strongly backed by Obama as the best replacement for public housing.

As a state senator, the presumptive Democratic presidential nominee coauthored an Illinois law creating a new pool of tax credits for developers. As a US senator, he pressed for increased federal subsidies. And as a presidential candidate, he has campaigned on a promise to create an Affordable Housing Trust Fund that could give developers an estimated $500 million a year.

Cont.

http://www.boston.com/news/nation/articles/2008/06/27/grim_proving_ground_for_obamas_housing_policy/?page=full



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