Obama Senior White House Adviser Valerie Jarrett Evades Taxes, Profits Off “Urban Despair” With Controversial Chicago Housing Deals

Obama Senior White House Adviser Valerie Jarrett Evades Taxes, Profits Off "Urban Despair” With Controversial Chicago Housing Deals

Obama Senior White House Adviser Valerie Jarrett Evades Taxes, Profits Off “Urban Despair” With Controversial Chicago Housing Deals

Obama’s Senior White House Adviser Valerie Jarrett has been profiting for years off of the “urban despair” created by a company she was a CEO of, while avoiding paying most of the taxes she should have paid.

The Kingsbury Plaza 46-story Chicago luxury apartment complex that Valerie Jarrett has an 11-percent equity interest in is worth around $27.2 million but since 2008 the property has been designated a “special commercial structure” which is taxed at a value of just $6.8 million, or 25 percent of the actual value.

In 2010 Valerie Jarrett valued her stake in Kingsbury Plaza at $250,001, and her 2011 financial disclosure form lists her investment value between $1 million and $5 million.

Just more “Above the Law” Chicagoland Democrats using shady or corrupt tactics to line their pockets and the pockets of their political cronies.

Senior White House adviser and long-time Obama confidant Valerie Jarrett’s role in a number of controversial Chicago housing developments has garnered her investments



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Obama Administration Ignored Solyndra “Severe Liquidity Crisis” Warning – Knew Company Would Fail

The corrupt and brain-dead Obama administration were forewarned by an Office of Management and Budget program manager that Solyndra had a “severe liquidity crisis”, but Jack Lew did nothing to block the Department of Energy from restructuring their loan.

Obama Administration Ignored Solyndra “Severe Liquidity Crisis” Warning - Knew Company Would Fail

Obama Administration Ignored Solyndra “Severe Liquidity Crisis” Warning – Knew Company Would Fail

Jack Lew personally allowed US Taxpayers to lose $ billions of taxpayer money, and now Jack Lew is Obama’s White House chief of staff. More lies and crony capitalism, and corruption from team Obama.

Who else thinks that the Obama administration knew that Solyndra was going to fail before the initial loan was ever handed out?
We believe 100% that the Obama administration allowed much of the wasteful spending to happen as a shady way to allow Obama to keep lining his friends and supporter’s pockets with taxpayer money.

A top White House adviser received clear notice that solar panel maker Solyndra Inc. faced a “severe liquidity crisis” even before a controversial restructuring allowing investors to recoup money from the now-bankrupt company before taxpayers, documents released Thursday show.



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