This is one of the most ridiculous things I've ever seen.
Here is the article from the Chicago Tribune.
http://www.chicagotribune.com/news/s...,5997110.story
Here is the exact quote from that article, with the full paragraph.
Asked in Moline about a controversial demand by some blacks for reparations for slavery, Obama spoke about how slavery had left a stain on the country that has yet to be eradicated. Still, he said, he opposes "just signing checks over to African-Americans."
Nowhere in that article does it say that other forms of reparation would be acceptable to him. This is quite a reach, even for an internet rumor.