Obama the money launderer?

Contrarian Commentary make a strong argument that the revelation the LA Times about an arrangement Obama made to funnel payments through his law firm was money laundering.

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The Times details how Obama was still “of counsel” to his former law firm, but that he was not providing any services to that entity. Then Obama made a deal with Blackwell, and wanted to conceal that Blackwell was supporting him. So Obama “laundered” the “legal fees” by running them through the law firm and then issuing a list of the law firm's clients-none of which had anything to do with Obama--to disguise the Blackwell money in a laundry list of hundreds of unrelated “clients.” This was a classic case of money laundering and business fraud. Obama wanted to conceal the large sum he was receiving from Blackwell, so he concealed that Blackwell was the source of his income by pretending he was providing services to the law firm’s other clients....

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It is an interesting argument. It is also argued that the law firm just acted as a conduit for the payments. This analysis makes some sense and deserves closer scrutiny by the Chicago media.

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