Posts Tagged ‘DoJ’

Obama Regime Paid $400 Million Ransom To Iran For American Hostages. American Policy Now To Pay Terrorists For Terrorism.

August 4, 2016

This is just one of those incredibly remarkable stories.  And by “remarkable” I mean that hypocrite Democrats aren’t screaming for Obama’s IMPEACHMENT.

Iran is openly gloating that American paid a ransom.  The Obama regime denies it.  But if we accept Iran as a partner in a corrupt nuclear deal, we can surely accept their word here.  Which makes Obama a criminal who needs to be tossed right out of office and into a prison cell.

As you read this story, you just need to consider what statisticians call “the odds.”  This money has been held by the United States since the Iranian hostage crisis began on November 4, 1979.  The United States was simply not going to put money in the hands of a terrorist regime that had just illegally seized sovereign American territory and 52 American citizens.  Iran became officially a terrorist state on that day and has remained one ever since.

So what are the odds, given the approximately 13,500 days that have happened between November 4, 1979 and today, that Obama would give them hundreds of millions of dollars – in the identical form of an illegal DRUG DEAL – ON THE SAME DAMN DAY THAT IRAN RELEASES HOSTAGES THAT THEY ILLEGALLY DETAINED???

But it gets even WORSE.  Because the four American hostages claim they were released from prison, loaded onto a plane with the pilot on board, and they were asking why they couldn’t take off.  And they were told repeatedly that they were waiting for another plane to land first.  “We cannot take off until the other plane arrives.”  And then moments after that plane – you know, the one with the giant crates filled with cash – landed, they finally took off.

So now we are talking about odds that soar into the one-in-BILLIONS when you go back to November 1979 and start counting the damn SECONDS.

This is so much worse and so much more obvious than Iran-Contra it is beyond UNREAL.

This was a quid pro quo terrorist ransom.  And Obama paid it.  He gave a terrorist country hundreds of millions – actually BILLIONS of dollars – to use to pursue more terrorism and to use to develop their ballistic missile program so they could reignite their nuclear program and have a world-threatening weapon.

And again, this was done “illegally” and “criminally” WITHOUT CONGRESSIONAL NOTIFICATION.

As usual, Obama and everyone who works for Obama is the worst kind of liar.  Back in January, Obama’s State Department said – and I quote – “[T]here’s a common misperception that on implementation day a big suitcase full of cash shows up in Tehran and all of a sudden they have all this money, which I think is really – does a disservice to what actually is going to happen.”

And what do you say NOW, Democrat?  Other than that you are a wicked fool, and a wicked liar, and WORSE???

Obama did EXACTLY what he promised he would NOT do.  Just as now it is what Obama says it isn’t – it is a terrorist ransom illegally paid against our laws and all common sense because rewarding terrorists is EVIL.

And the ONLY people on the face of the earth today who are so stupid and so depraved that they WILL NOT accept the most obvious reality are DEMOCRATS.  They WILL NOT accept the obvious reality that Hillary Clinton is a corrupt fascist control-freak who betrayed our nation’s most classified secrets because all she cared about was her convenience and her corrupt and criminal deals through her Clinton Foundation and her husband’s speeches as she sold out America for her OWN cash payments.

And yeah, the words “drug deal” and “drug dealer” resonate well with this wicked administration.  Obama is a criminal thug in his depraved heart, which is why he has pardoned more convicted criminals – including many sentenced for LIFE by the American people – than the last NINE PRESIDENTS COMBINED.  And it will probably be more than ALL previous American presidents combined by the time he leaves office.

And Obama’s secret stash of cash flight PROVES he has the mindset of a drug dealer.

Here’s another example of just how EVIL Obama is: a DC transit cop just got busted by the FBI for providing “material support” to Islamic State.  His crime: he bought $245 in prepaid phone cards that he believed he was giving to Islamic State.  Now, contrast that with Obama, who just sent $400 million in small bills via unmarked cargo plane to THE NUMBER ONE TERRORIST STATE ON PLANET EARTH.  And the actual toll is $1.7 BILLION.  So who’s the worse terrorist?

Free that DC transit cop and put OBAMA in prison.

But it’s all just a bunch of coincidences.  You know, it’s like a miracle of statistics but it really doesn’t mean anything, because no matter what it looks like, it’s just a coincidence, you see.

Not.

Now, I believe in miracles because I believe in Jesus who rose from the dead and walked on water.  This amazing miraculous coincidence is something very different than anything Jesus had anything to do with.

Democrats reject God – as their secular humanism demonstrates – and reject the image of God in man – as their cursed murder of sixty million babies that God declares HE formed in the womb according to Psalm 139 – but somehow they believe in the most bizarre form of “miracle” nevertheless.  They believe that when Barack Obama and Hillary Clinton repeatedly reveal themselves to be the worst kind of fascist, lawbreaking thugs, that they are still wonderful.

Hilary Clinton and Barack Obama are guilty of ALL KINDS of bizarre quid pro quos.  How about the weird example of the fact that Bill Clinton wasn’t making anywhere CLOSE to half a million dollars a damn speech until AFTER Hillary Clinton became Secretary of State, and suddenly his value inexplicably EXPLODED:

After his wife became Secretary of State, former President Bill Clinton began to collect speaking fees that often doubled or tripled what he had been charging earlier in his post White House years, bringing in millions of dollars from groups that included several with interests pending before the State Department, an ABC News review of financial disclosure records shows.

Where he once had drawn $150,000 for a typical address in the years following his presidency, Clinton saw a succession of staggering paydays for speeches in 2010 and 2011, including $500,000 paid by a Russian investment bank and $750,000 to address a telecom conference in China.

“It’s unusual to see a former president’s speaking fee go up over time,” said Richard Painter, who served as chief ethics lawyer in the White House Counsel’s office under President George W. Bush. “I must say I’m surprised that he raised his fees. There’s no prohibition on his raising it. But it does create some appearance problems if he raises his fee after she becomes Secretary of State.”

But if you’re a Democrat, it’s just a “miracle” of your wicked god-kings, the same way it’s just a miracle that Obama paid a damn ransom of giant boxes of non-US currency and secretly flew it in an unmarked cargo plane to Iran on the same damn day they gave us our hostages back.

And of course it’s just racist or misogynist to doubt the miracle power to transcend logic and morality of these gods.

Bill and Hillary racked up $153 million that way, selling American influence in their speeches that somehow never got recorded so Americans could know what they promised.  That’s another fact.  These are the worst kind of crony-capitalist (fascist) autocrats we’ve EVER seen.

Here’s another “miracle” for you, that Bill’s huge payoffs line up PERFECTLY with actions taken by Hillary as Secretary of State to betray the country she was supposed to be serving:

At least two dozen different companies, groups or foreign governments paid former President Bill Clinton hundreds of thousands of dollars in speaking fees at the same time that they had issues pending with the State Department that was being run by his wife, former Secretary of State Hillary Clinton, alleges a new report this week.

More than $8 million was eventually paid out to the former president – and 15 of the organizations also donated as much as $15 million to the family’s charity, The Clinton Foundation, according to the report published Wednesday in The Wall Street Journal.

No quid pro quo, Democrats say; just a “miracle” that over and over again, there was a miraculous coincidence that money flowed into the Clinton machine at the same time that Hillary was “considering” the interests of the foreign entities that were seeking favorable treatment with her State Department.

Possibly my very favorite Clinton “miracle” is the miracle in which the United States sold Russia it’s uranium necessary to build nuclear weapons and by the most amazing coincidence Bill Clinton got paid half a million dollars to give a speech by one of the parties directly involved.

And now we have this beauty of a “miracle”:

U.S. Sent Cash to Iran as Americans Were Freed
Obama administration insists there was no quid pro quo, but critics charge payment amounted to ransom
By Jay Solomon and Carol E. Lee
Updated Aug. 3, 2016 12:01 a.m. ET

WASHINGTON—The Obama administration secretly organized an airlift of $400 million worth of cash to Iran that coincided with the January release of four Americans detained in Tehran, according to U.S. and European officials and congressional staff briefed on the operation afterward.

Wooden pallets stacked with euros, Swiss francs and other currencies were flown into Iran on an unmarked cargo plane, according to these officials. The U.S. procured the money from the central banks of the Netherlands and Switzerland, they said.

The money represented the first installment of a $1.7 billion settlement the Obama administration reached with Iran to resolve a decades-old dispute over a failed arms deal signed just before the 1979 fall of Iran’s last monarch, Shah Mohammad Reza Pahlavi.

The settlement, which resolved claims before an international tribunal in The Hague, also coincided with the formal implementation that same weekend of the landmark nuclear agreement reached between Tehran, the U.S. and other global powers the summer before.

“With the nuclear deal done, prisoners released, the time was right to resolve this dispute as well,” President Barack Obama said at the White House on Jan. 17—without disclosing the $400 million cash payment.

Senior U.S. officials denied any link between the payment and the prisoner exchange. They say the way the various strands came together simultaneously was coincidental, not the result of any quid pro quo.

“As we’ve made clear, the negotiations over the settlement of an outstanding claim…were completely separate from the discussions about returning our American citizens home,” State Department spokesman John Kirby said. “Not only were the two negotiations separate, they were conducted by different teams on each side, including, in the case of The Hague claims, by technical experts involved in these negotiations for many years.”

But U.S. officials also acknowledge that Iranian negotiators on the prisoner exchange said they wanted the cash to show they had gained something tangible.

Sen. Tom Cotton, a Republican from Arkansas and a fierce foe of the Iran nuclear deal, accused President Barack Obama of paying “a $1.7 billion ransom to the ayatollahs for U.S. hostages.”

“This break with longstanding U.S. policy put a price on the head of Americans, and has led Iran to continue its illegal seizures” of Americans, he said.

Since the cash shipment, the intelligence arm of the Revolutionary Guard has arrested two more Iranian-Americans. Tehran has also detained dual-nationals from France, Canada and the U.K. in recent months.

At the time of the prisoner release, Secretary of State John Kerry and the White House portrayed it as a diplomatic breakthrough. Mr. Kerry cited the importance of “the relationships forged and the diplomatic channels unlocked over the course of the nuclear talks.”

Meanwhile, U.S. officials have said they were certain Washington was going to lose the arbitration in The Hague, where Iran was seeking more than $10 billion, and described the settlement as a bargain for taxpayers.

Iranian press reports have quoted senior Iranian defense officials describing the cash as a ransom payment. The Iranian foreign ministry didn’t respond to a request for comment.

The $400 million was paid in foreign currency because any transaction with Iran in U.S. dollars is illegal under U.S. law. Sanctions also complicate Tehran’s access to global banks.

“Sometimes the Iranians want cash because it’s so hard for them to access things in the international financial system,” said a senior U.S. official briefed on the January cash delivery. “They know it can take months just to figure out how to wire money from one place to another.”

The Obama administration has refused to disclose how it paid any of the $1.7 billion, despite congressional queries, outside of saying that it wasn’t paid in dollars. Lawmakers have expressed concern that the cash would be used by Iran to fund regional allies, including the Assad regime in Syria and the Lebanese militia Hezbollah, which the U.S. designates as a terrorist organization.

The U.S. and United Nations believe Tehran is subsidizing the Assad regime’s war in Syria through cash and energy shipments. Iran has acknowledged providing both financial and military aid to Syrian President Bashar al-Assad and deploying Iranian soldiers there.

But John Brennan, director of the Central Intelligence Agency, said last week that there was evidence much of the money Iran has received from sanctions relief was being used for development projects. “The money, the revenue that’s flowing into Iran is being used to support its currency, to provide moneys to the departments and agencies, build up its infrastructure,” Mr. Brennan said at a conference in Aspen, Colo.

The U.S. and Iran entered into secret negotiations to secure the release of Americans imprisoned in Iran in November 2014, according to U.S. and European officials. Switzerland’s foreign minister, Didier Burkhalter, offered to host the discussions.

The Swiss have represented the U.S.’s diplomatic interests in Iran since Washington closed its embassy in Tehran following the 1979 hostage crisis.

Iranian security services arrested two Iranian-Americans during President Obama’s first term. In July 2014, the intelligence arm of Iran’s elite military unit, the Revolutionary Guard, detained the Washington Post’s Tehran bureau chief, Jason Rezaian, and charged him with espionage.

A fourth Iranian-American was arrested last year. A former Federal Bureau of Investigation agent, Robert Levinson, disappeared on the Iranian island of Kish in 2007. His whereabouts remain unknown.

The Swiss channel initially saw little activity, according to these officials. But momentum shifted after Tehran and world powers forged a final agreement in July 2015 to constrain Iran’s nuclear program in return for the lifting of most international sanctions. A surge of meetings then took place in the Swiss lakeside city of Geneva in November and December.

The U.S. delegation was led by a special State Department envoy, Brett McGurk, and included representatives from the Central Intelligence Agency and Federal Bureau of Investigation, according to U.S. and European officials. The Iranian team was largely staffed by members of its domestic spy service, according to U.S. officials.

The discussions, held at the InterContinental Hotel, initially focused solely on a formula whereby Iran would swap the Americans detained in Tehran for Iranian nationals held in U.S. jails, U.S. officials said. But around Christmas, the discussions dovetailed with the arbitration in The Hague concerning the old arms deal.

The Iranians were demanding the return of $400 million the Shah’s regime deposited into a Pentagon trust fund in 1979 to purchase U.S. fighter jets, U.S. officials said. They also wanted billions of dollars as interest accrued since then.

President Obama approved the shipment of the $400 million. But accumulating so much cash presented a logistical and security challenge, said U.S. and European officials. One person briefed on the operation joked: “You can’t just withdraw that much money from ATMs.”

Mr. Kerry and the State and Treasury departments sought the cooperation of the Swiss and Dutch governments. Ultimately, the Obama administration transferred the equivalent of $400 million to their central banks. It was then converted into other currencies, stacked onto the wooden pallets and sent to Iran on board a cargo plane.

On the morning of Jan. 17, Iran released the four Americans: Three of them boarded a Swiss Air Force jet and flew off to Geneva, with the fourth returning to the U.S. on his own. In return, the U.S. freed seven Iranian citizens and dropped extradition requests for 14 others.

U.S. and European officials wouldn’t disclose exactly when the plane carrying the $400 million landed in Iran. But a report by an Iranian news site close to the Revolutionary Guard, the Tasnim agency, said the cash arrived in Tehran’s Mehrabad airport on the same day the Americans departed.

Revolutionary Guard commanders boasted at the time that the Americans had succumbed to Iranian pressure. “Taking this much money back was in return for the release of the American spies,” said Gen. Mohammad Reza Naghdi, commander of the Guard’s Basij militia, on state media.

Among the Americans currently being held are an energy executive named Siamak Namazi and his 80-year old father, Baqer, according to U.S. and Iranian officials. Iran’s judiciary spokesman last month confirmed Tehran had arrested the third American, believed to be a San Diego resident named Reza “Robin” Shahini.

Friends and family of the Namazis believe the Iranians are seeking to increase their leverage to force another prisoner exchange or cash payment in the final six months of the Obama administration. Mr. Kerry and other U.S. officials have been raising their case with Iranian diplomats, U.S. officials say.

Iranian officials have demanded in recent weeks the U.S. return $2 billion in Iranian funds that were frozen in New York in 2009. The Supreme Court recently ruled that the money should be given to victims of Iranian-sponsored terror attacks.

Members of Congress are seeking to pass legislation preventing the Obama administration from making any further cash payments to Iran. One of the bills requires for the White House to make public the details of its $1.7 billion transfer to Iran.

“President Obama’s…payment to Iran in January, which we now know will fund Iran’s military expansion, is an appalling example of executive branch governance,” said Sen. James Lankford (R., Okla.), who co-wrote the bill. “Subsidizing Iran’s military is perhaps the worst use of taxpayer dollars ever by an American president.”

Write to Jay Solomon at jay.solomon@wsj.com and Carol E. Lee at carol.lee@wsj.com

We now know that even the twisted, wicked Obama Justice Department objected to this obvious illegal sham of a hostage payoff:

According to a new report, Senior U.S. Department of Justice officials not only knew about the $400 million payout from the U.S. government to Iran — they warned against it.
DOJ officials reportedly voiced their opposition to funneling millions of dollars to Iran via an unmarked cargo plane while the Iranian government was releasing four American hostages, according to The Wall Street Journal Wednesday.
“People knew what it was going to look like, and there was concern the Iranians probably did consider it a ransom payment,” a source in the Justice Department told WSJ.
The State Department overruled their objections and shipped out wooden pallets of euros, Swiss francs, and other currencies, in compliance with a U.S. law restricting transactions in dollars to Iran.

And yes, it is a FACT that the Iranians are claiming this was a hostage ransom.

And yes, Iran is a documented MURDERER of at least 500 American soldiers, and has paid bounties for many other American soldiers killed.

Which is another way of saying that Obama just paid for a hell of a lot more American deaths.

And let’s not fail to remember that under Obama, terrorism has exploded like not even his worst critics could have imagined: since Bush left office, and by the time Obama leaves office, terrorism will have exploded by at least one thousand, nine-hundred percent.  Barack Obama is truly the terrorist-in-chief who has made terrorism both possible and profitable.

Half a million Syrians are now DEAD because Obama is a failed president.

We have more crisis refugees under this failed president than have ever been seen in the entire history of the human race. I want that to soak in, because under the metastic CANCER that is the Obama presidency (that Hillary wants to continue as his third term) the world is at an even WORSE place than it was during World War II.

And yes, they know that a pathologically weak Barack Obama, and a pathologically corrupt Hillary Clinton, will pay BILLIONS more to reward them for seizing as many American hostages as they can.

We live in an age of miracles.

There was a time when we believed in different miracles, of a Man who walked on water, turned water into wine, calmed the savage seas with a word, fed thousands and thousands of people with a couple loaves and fish, raised people from the dead, and even ultimately conquered death Himself.

Now we live in a day when utterly godless Democrats, armed with the miracle power of their god Satan to deceive and deceive every more wildly a people who despise God and despise the Truth that God came to embody, believe in the miracle power of Democrat politicians who will surely lead this nation right into HELL

As I’ve said over and over by way of ending of my articles, the Beast is coming.  And one day soon every single Democrat – EVERY SINGLE ONE OF YOU – will take his mark on your right hand or on your forehead and worship him.  Because you have already proven time and time again that have nothing short of a hatred for the Truth and a desperate fanatic need to be deceived.

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Fascist Criminal Thug-In-Chief Obama Turns On Citigroup (But If Citigroup Did Something Wrong, Why Is Jack Lew Who Ran Citi Unit Not In JAIL?)

July 17, 2014

According to lawthug Eric Holder, Citigroup is a reckless criminal enterprise that ruthlessly preyed on helpless little people to such a whopping extent that it required a $7 billion settlement to balance the scales of justice.

This fits into the narrative that clearly the government was not at fault in our financial meltdown (well, except Bush and the Bush administration, which are Republican and therefore can be blamed for everything that goes wrong).  Government is inherently and intrinsically good as long as Obama is running it rather than a Republican president, you see.  And so we can’t blame the Community Reinvestment Act – which forced lending institutions to make loans to people any fool knew would not be able to make their payments.  Even though it clearly led to a six-plus TRILLION dollar balloon that HAD to burst as Democrats used the CRA as a means to reward their supporters at the skyrocketing cost of everyone else:

And which Republicans very clearly WARNED would burst:

Nope. It’s Bush’s fault, no matter how much to blame Democrats clearly WERE.

We can’t blame Barack Obama for his own particularly egregious role in those forced loans to high-risk individuals.  We can’t blame Democrats for forcing “adherence to that act [which] led to riskier lending by banks.”  We can’t blame Fannie Mae and Freddie Mac – which came up with the incredibly risky strategy as I document in quite a few articles such as this one:

Why do I mention the Government Supported Enterprises (GSEs) Fannie Mae and Freddie Mac?  Because they were at the very heart of the mortgage meltdown.

The LA Times writes on May 31, 1999 that:

Lenders also have opened the door wider to minorities because of new initiatives at Fannie Mae and Freddie Mac–the giant federally chartered corporations that play critical, if obscure, roles in the home finance system. Fannie Mae and Freddie Mac buy mortgages from lenders and bundle them into securities; that provides lenders the funds to lend more. . . .

LaVaughn M. Henry, Ph.D. Director, U.S. Economic Analysis The PMI Group, Inc. December 9, 2008, pointed out:

The Role of the GSEs is to provide liquidity and stability to the U.S. housing and mortgage markets. Step 1 Banks lend money to Households to purchase and refinance home mortgages Step 2 The GSEs purchase these mortgage from the banks Step 3 GSEs bundle the mortgages into mortgage-backed securities Step 4 GSEs sell mortgage-backed and debt securities to domestic and international capital investors Step 5 Investors pay GSEs for purchase of debt and securities Step 6 GSEs return funds to banks to lend out again for the issuance of new mortgage loans.

It was steps 3-5 that messed us up.  Fannie and Freddie bought mortgages – including many mortgages that poor and minority homeowners couldn’t begin to afford under the mandate of the Community Reinvestment Act – bundled them such that no one could assess their risk, and then sold them to private companies such as Bear Stearns and Lehman Brothers.  Fannie and Freddie were exempt from SEC [Securities and Exchange Commission] regulations.   The GSEs could bundle up mortgages, which would then be rated AAA, with no requirement to make clear what was in the bundle.  Private companies believed that the bundled securities were guaranteed, since they were essentially being sold by the federal government.

But there were many who predicted that this system – created and maintained by Democrats – could explode.

From the New York Times in September 30, 1999:

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980’s.“

”From the perspective of many people, including me, this is another thrift industry growing up around us,”
said Peter Wallison a resident fellow at the American Enterprise Institute. ”If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.” . . .

And that is precisely what happened.  There was a downturn (and there will ALWAYS be downturns, won’t there?), and Fannie and Freddie were so leveraged that they collapsed and caused the collapse of the entire industry.  Financial experts anxiously pointed out that a decline of only 1.3% would bankrupt Fannie and Freddie because they were leveraged to the tune of 60%? to 78%.

Democrats were the priests and acolytes of the GSE system.  They protected it, and they were the ones who pressed all the buttons and pulled all the levers.

Keven Hasset concludes an article titled, “How the Democrats Created the Financial Crisis“, concludes by saying:

Now that the collapse has occurred, the roadblock built by Senate Democrats in 2005 is unforgivable. Many who opposed the bill doubtlessly did so for honorable reasons.  Fannie and Freddie provided mounds of materials defending their practices.  Perhaps some found their propaganda convincing.

Watch this video showing how George Bush and John McCain repeatedly warned of the economic collapse (length=4 min):

Watch this video of Democrats protecting and covering for Fannie Mae (length=8 min):

Here’s a video entitled “Burning Down the House: What Caused Our Economic Crisis?” (length=11 min)

And then we find that Barack Obama was in bed with Fannie and Freddie and their shockingly risky policies:

Who really exploded the economy in 2008, liberals or conservatives? Who do you think?  The liberal mainstream media allowed Democrats to blame George Bush simply because he was president at the time, never mentioning that the Democrats who controlled both the House and the Senate relentlessly opposed everything Bush tried to do; and it allowed Democrats to not have to account for the fact that they’d been in complete control of both the House and the Senate.  But remember that the economy went from outstanding to collapsed during the two years (2006-2008) that the Congress was under Nancy Pelosi and Harry Reid.  The unemployment rate was 4.4% when Republicans last ran Congress.  What is it now, three years of Nancy Pelosi and Harry Reid later?

Few people understand how huge Fannie and Freddie are, or how deeply burrowed they are in the mortgage industry.  But let me put it to you this way: the federal government now underwrites 9 out of 10 residential mortgages.

John McCain tried to warn us in 2006:

I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole.

But he was ignored.

When George Bush first tried to regulate an already out-of-control liberal bastion of Fannie and Freddie, Barney Frank led the united Democrat opposition and said:

”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

And just before Fannie and Freddie collapsed and brought down the entire housing mortgage industry with it creating the economic meltdown, Barney Frank – continuing to stop any regulation of Fannie and Freddie – said this:

REP. BARNEY FRANK, D-MASS.: I think this is a case where Fannie and Freddie are fundamentally sound, that they are not in danger of going under. They’re not the best investments these days from the long-term standpoint going back. I think they are in good shape going forward.

Fannie Mae and Freddie Mac went completely bankrupt shortly after Barney Frank testified that they were “fundamentally sound,” and had to be bailed out by the government.  It had been Fannie and Freddie which had the sole authority to buy mortgages, bundle them into the mortgage-backed securities which ultimately exploded, and sell those securities to private companies (as I have already shown).  Just as it was Fannie and Freddie which had been the seller of subprime loans.

Three top Democrats, Franklin Raines, Jim Johnson and Jamie Gorelick “fundamentally transformed” Fannie Mae into a liberal Democrat exploitation machine and made MILLIONS in illegitimate bonuses cooking the books.

I could go on and on.  But one thing is crystal clear to anyone who wants to know the truth and who isn’t demon-possessed: Democrats forced banks to do something incredibly stupid, and banks did the very best they could to operate in a Kafkaesque system that Democrats created and cynically exploited and Bush tried seventeen times to stop.

I mock you Democrats now, because every single ONE of you is a future permanent resident of the fire of hell.  You demonize Republicans as “obstructionists” and “terrorists” for preventing Obama and Democrats from running roughshod over America.  But when Bush was president you OBSTRUCTED him at virtually every damn turn.  You fascist hypocrites without shame.

Let me get back to Jack Lew and our Fascist-in-Chief Obama.

Citigroup gets this massive fine.  They were criminals, Obama and Holder say.

So why is the man who ran the unit that performed all the criminal actions our Treasury Secretary???

That’s the question the Wall Street Journal is asking:

The Citigroup ATM
Jack Lew and Tim Geithner escape mention in the bank settlement.
The Wall Street Journal, July 14, 2014 7:37 p.m. ET

The Department of Justice isn’t known for a sense of humor. But on Monday it announced a civil settlement with Citigroup over failed mortgage investments that covers almost exactly the period when current Treasury Secretary Jack Lew oversaw divisions at Citi that presided over failed mortgage investments. Now, that’s funny.

Though Justice, five states and the FDIC are prying $7 billion from the bank for allegedly misleading investors, there’s no mention in the settlement of clawing back even a nickel of Mr. Lew’s compensation. We also see no sanction for former Treasury Secretary Timothy Geithner, who allowed Citi to build colossal mortgage risks outside its balance sheet while overseeing the bank as president of the New York Federal Reserve.

The settlement says Citi’s alleged misdeeds began in 2006, the year Mr. Lew joined the bank, and the agreement covers conduct “prior to January 1, 2009.” That was shortly before Mr. Lew left to work for President Obama and two weeks before Mr. Lew received $944,518 from Citi in “salary, payout for vested restricted stock,” and “discretionary cash compensation for work performed in 2008,” according to a 2010 federal disclosure report. That was also the year Citi began receiving taxpayer bailouts of $45 billion in cash, plus hundreds of billions more in taxpayer guarantees.

While Attorney General Eric Holder is forgiving toward his Obama cabinet colleagues, he seems to believe that some housing transactions can never be forgiven. The $7 billion settlement includes the same collateralized debt obligation for which the bank already agreed to pay $285 million in a settlement with the Securities and Exchange Commission. The Justice settlement also includes a long list of potential charges not covered by the agreement, so prosecutors can continue to raid the Citi ATM.

Citi offers in return what looks like a blanket agreement not to sue the government over any aspect of the case, and waives its right to defend itself “based in whole or in part on a contention that, under the Double Jeopardy Clause in the Fifth Amendment of the Constitution, or under the Excessive Fines Clause in the Eighth Amendment of the Constitution, this Agreement bars a remedy sought in such criminal prosecution or administrative action.” We hold no brief for Citi, which has been rescued three times by the feds. But what kind of government demands the right to exact repeated punishments for the same offense?

The bank’s real punishment should have been failure, as former FDIC Chairman Sheila Bair and we argued at the time. Instead, the regulators kept Citi alive with taxpayer money far beyond what it provided most other banks as part of the Troubled Asset Relief Program. Keeping it alive means they can now use Citi as a political target when it’s convenient to claim they’re tough on banks.

And speaking of that $7 billion, good luck finding a justification for it in the settlement agreement. The number seems to have been pulled out of thin air since it’s unrelated to Citi’s mortgage-securities market share or any other metric we can see beyond having media impact.

If this sounds cynical, readers should consult the Justice Department’s own leaks to the press about how the Citi deal went down. Last month the feds were prepared to bring charges against the bank, but the necessities of public relations intervened.

According to the Journal, “News had leaked that afternoon, June 17, that the U.S. had captured Ahmed Abu Khatallah, a key suspect in the attacks on the American consulate in Benghazi in 2012. Justice Department officials didn’t want the announcement of the suit against Citigroup—and its accompanying litany of alleged misdeeds related to mortgage-backed securities—to be overshadowed by questions about the Benghazi suspect and U.S. policy on detainees. Citigroup, which didn’t want to raise its offer again and had been preparing to be sued, never again heard the threat of a suit.”

This week’s settlement includes $4 billion for the Treasury, roughly $500 million for the states and FDIC, and $2.5 billion for mortgage borrowers. That last category has become a fixture of recent government mortgage settlements, even though the premise of this case involves harm done to bond investors, not mortgage borrowers.

But the Obama Administration’s references to the needs of Benghazi PR remind us that it could be worse. At least Mr. Holder isn’t blaming the Geithner and Lew failures on a video.

We now live in a time when a fascist Hitler-style leader simply “invents” something he calls “justice.”  Whose to blame and who is absolved?  It’s no different than Stalin randomly signing death warrants for the execution of “criminals” whose “crime” was whatever the hell he happened to say it was.  All you have to do is substitute the word “tea party” for “kulak” to get the essence of Stalinist thug Obama.

Consider that Citigroup was SEVENTH on the donor list for the Obama campaign.  Oh, the top people – the Citi execs like Jack Lew who GAVE Obama that money that enabled him to forever afterward screw up our political system by being the first candidate to bypass the federal matching funds system so he could raise over a BILLION DOLLARS from the filthiest rich – got off the hook and got their huge bonuses for doing their dirty work for liberals.  Jack Lew was the chief operating officer of the Citigroup unit that profited from the loans that Obama is now saying are evil and suing Citigroup for making.  He is as much to blame for those loans as any human being dead or alive and he’s not only off scott free but he’s Obama’s damn TREASURY SECRETARY!!!  And of course if God – oops, I mean liberal secular humanist Government – giveth in the form of bailouts it can surely taketh away.  Just like it’s takething and takething from US now to giveth to illegals who everyone knows will soon be voting Democrat.

Only a Democrat can be rat bastard enough to assert that a company can somehow do $7 BILLION worth of wrong but the man who led the wrongdoing should be lavishly rewarded so long as he’s a loyal-enough Obama stooge.

Jonathon Turley, the nation’s foremost LIBERAL constitutional scholar, testified yesterday that Barack Obama is a clear and present danger to our Constitution.  He pointed out “a shifting of the balance of power … in favor of a now dominant Executive Branch” and describes “the rise of a type of uber-presidency.  Our system is changing in a dangerous and destabilizing way.”

Meanwhile, Obama thug Hilda Solis is clearly heard on tape pressuring a subordinate – in crystal clear FELONY violation of the Hatch Act – to support the Obama campaign.  That’s when you put pressure on somebody who works under you for the government to support a political campaign.  It’s a CRIME.  Not that violating the Hatch Act is a big deal to Obama or any of his thugs, as Kathleen Sabelius also demonstrated when she did it too.

And at this point, if you do not believe that Barack Obama ORDERED the thugs at his IRS to violate the rights of conservatives by using the tax system as a political weapon to target his enemies, I can only conclude that you are either stupid or demon-possessed or both.  Because the pattern of guilt and corruption is simply beyond overwhelming at this point.

This is the most criminally corrupt and fascist administration that has EVER been.

 

 

 

 

Obama And Holder Again Attacking Jesus Christ And Any Young People Who Might Believe In Him (Worship The State Instead, Kids!)

July 23, 2013

Poor troubled kids have a problem according to Barack Obama and Eric Holder.  They are worshiping the wrong god.

Here’s how Obama wants these kids to act:

But, sadly, troubled kids in Louisiana who would otherwise turn to crime are being taught to consider the God of the Bible.  Which means Obama and his lawthug Holder must persecute them:

Louisiana Young Marines Program Loses Federal Funding Over ‘Religious Activities’
July 2, 2013 |  Filed under: Law & Government,Life & Society,Top Stories |  By: Garrett Haley

Young MarinesBOSSIER CITY, Lou. – The sheriff of a Louisiana parish is stunned after Department of Justice funds were cut from a local Young Marines chapter, simply because some of the organization’s activities were deemed to be “religious.”

According to reports, the Louisiana Commission on Law Enforcement (LCLE) stripped $30,000 in allotted DOJ funding from the Bossier Parish’s Young Marines unit, which is a character-building program designed to encourage healthy lifestyles for members. An official for the DOJ told reporters that the cuts were due to voluntary student-led prayers and a mention of “church” in a Young Marine oath.

“[DOJ regulations prohibit] funding on inherently religious activities, such as prayer, religious instruction and proselytization,” he told columnist Todd Starnes. “And any religious activities must be kept separate in time or location from DOJ-funded activities.”

Julian Whittington, sheriff of Bossier Parish and a coordinator of the Young Marines program, is thoroughly disgusted by the DOJ and LCLE’s decision, saying it was “aggression and infringement of our religious freedoms.” After the funds were cut, DOJ officials told Whittington he would have to write a letter, promising not to pray or use the word “God” in Young Marines meetings, or else the money would never be restored.

“I flat said, ‘It’s not going to happen,’” he told reporters. “Enough is enough. This is the United States of America—and the idea that the mere mention of God or voluntary prayer is prohibited is ridiculous.”

Whittington further emphasized that he’s more concerned about the censorship than he is the lost funds.

“The money is not the issue,” he stated. “It’s the principle of the matter. What is going on here? Who is dictating what can or can’t be said in Bossier Parish?”

For over ten years, the Bossier sheriff’s office has facilitated the local Young Marines program, graduating over 1,000 participants since the chapter’s inception. According to the Young Marines’ national website, the organization “promotes the mental, moral, and physical development of its members,” and also “focuses on character building, leadership, and promotes a healthy, drug-free lifestyle.”

Participants in the Young Marines program are asked to recite the following oath:

“From this day forward, I sincerely promise, I will set an example for all other youth to follow and I shall never do anything that would bring disgrace or dishonor upon God, my country and its flag, my parents, myself or the Young Marines. These I will honor and respect in a manner that will reflect credit upon them and myself. Semper Fidelis.”

Government officials took issue with the first sentence’s mention of God, saying any federally-funded institution should not include religious overtones. However, Starnes recently pointed out that both the U.S. military’s commissioning oath and enlistment oath include the phrase, “So help me God.” And Whittington further asserted the inconsistency of the decision when he mentioned to local TV station KTBS that both the Pledge of Allegiance and the dollar bill include references to God.

Despite the funding controversy, Bossier Parrish’s Young Marines unit appears to be going strong, receiving an outpouring of financial support in response to the ordeal, according to the Shreveport Times. Just last week, another 15 young people were graduated from the program. At the ceremony, Whittington stated that the DOJ had overstepped its rightful authority.

“It’s more about the principle of the issue that Department of Justice can come down here in Bossier City, in our building and tell us what these young people just recited—a voluntary prayer,” he explained to reporters. “We don’t believe that’s offensive. We’ve never had a complaint, and we’re going to keep it in our program as long as we’re doing it here at the Bossier Sheriff’s Office.”

Photo: Bossier Sheriff’s Office

Under the “fundamental transformation” of Obama’s God damn America, it’s a crime to worship Jesus.  Unless you worship “Black Jesus” Obama.

In Obama’s God Damn America, America now teaches Palestinian kids that “Jews are wolves.”  Because Judeo-Christianity doesn’t worship Obama.

In Obama’s God Damn America, the Bible (which condemns homosexuality as an “abomination” [Leviticus 18] that will result in the full wrath of God on any culture that embraces it [Romans 1]) is out and homosexual perversion is in.

Department of ‘Justice’ Attack On AP And Now Fox News Reveals Obama Fascism Is Widespread

May 20, 2013

I’ve written it again and again before it was cool: Barack Obama was, is and will continue to be a FASCIST (see here and here and here).  It is more abundant now than it has ever been in American history that a fascist is our president.

As I write, the Obama administration is bogged down in three major scandals.  They tried to cover-up their failure in competency and ideology in Benghazi by covering-up who attacked America (terrorists, not “spontaneous protesters) and why THOSE TERRORISTS attacked America.  They have clearly used the IRS as a weapon against their political enemies by denying hundreds of conservative groups 501c4 tax exempt status (while not denying progressive groups).  It was a clear and obvious double standard and it was a clear and obvious politically motivated attack.  In the same way, the Obama IRS used “retaliatory audits” to punish and intimidate conservative groups.  Conservatives have horror stories as to how they were politically targeted by Obama for exercising their 1st Amendment freedoms which was followed by retaliatory audits from the IRS.  In fact, not just the IRS but NUMEROUS federal government agencies under Obama have engaged in a pattern of brutal government intimidation and suppression reminiscent of the days of Stalin.  In a clearly coordinated attack and rather like a pack of wolves, the IRS, the FBI, OSHA, and the ATF systematically targeted a woman named Catherine Engelbrecht whose crime was filing under our constitutional freedoms of speech to form a tax-exempt organization.  That is just one appalling case in a systematic pattern as some 500 organizations were specifically targeted by the Obama Chicago thug regime out of naked political bias.  The list of organizations that are finding out that Obama targeted them, also, is growing on a basically daily basis.  This same thug regime also illegally released the confidential federal tax records of American citizens to progressive groups that politically exploited the information that was illegal for them to have or use.

And they have began a war against the free press that is simply unprecedented.  As in never attempted before even by the likes of Nixon.

The Obama IRS targeting of conservative groups such as the Tea Party also included attacking Christian and Jewish groups as well as reporters who didn’t tow the Obama line.

Of that last story we began when Obama’s DoJ broke the law to seize the records of the leader in wire service reporting, the Associated Press.  Nearly two dozen phone lines involving some 100 reporters had their calls monitored without the legal requirement to inform the press of such intrusive and frankly UNPRECEDENTED monitoring having been met.

Eric Holder came out with this:

When asked if he understood why members of the media would find the records seizure “troubling,” Holder replied that the leak they are trying to plug was “very, very serious.”

“I’ve been a prosecutor since 1976, and I have to say that this is among, if not the most serious – it’s in the top two or three – most serious leaks that I’ve ever seen,” Holder added. “It put the American people at risk. And that is not hyperbole.”

Fascists always seize on a “crisis” in order to justify the seizure of more power.  It is simply what fascists have always done.

We immediately began to learn that what Eric Holder said claimed was a lie.  He claimed that the risk to national security was so serious that the Obama Injustice Department had to act in such a massive and unprecedented way.  But that was never true.  For one thing, the AP voluntarily delayed publishing the story in question until the federal government not only said it was okay, but until the federal government said that IT was going to go public with the story:

“We held that story until the government assured us that the national security concerns had passed,” AP President Gary Pruitt said in a written response to the Justice Department’s claims.

A report from The Washington Post appeared to give more weight to the AP’s claims.

According to the Post, the AP had been sitting on a scoop about a failed Al Qaeda plot at the request of CIA officials for five days. The morning they were supposed to release the story, journalists were asked by government officials to wait another day, citing safety concerns.

However, the CIA officials who first cited the security concerns said they no longer had the same worries. Rather, the Obama administration was planning to announce the success of the counterterrorism project the following day, according to The Post report.

But now we have another proof that Eric Holder is a liar without shame, without honor and without integrity.  We now know that, rather than unleash this kind of Stalinist surveillance monster for ONE media outlet in ONE circumstance that was “in the top two or three – most serious leaks that I’ve ever seen”, this Stalinism toward the media is an event that has occurred ON MULTIPLE OCCASIONS.

It happened to Fox News, too, involving a different story.  Which means so much for the magnitude of the AP leak justifying the Stalinist means.

Report: Three Fox News Staffers Targeted By Justice Department
by John Nolte 20 May 2013, 10:20 AM PDT

Fox News reports that three Fox staffers, two reporters and one producer, were targeted by Barack Obama’s Justice Department. Fox doesn’t have all the details yet on reporter William La Jeunesse and producer Mike Levine, but their emails showed up in a IG report regarding Fast and Furious. Either their emails were leaked by the Justice Department officials they were sent to, or the email accounts of both were subpoenaed and invaded by government investigators.

The IG report does say that subpoenas were issued to obtain emails. Whose email was targeted is not yet known.

The third staffer is reporter James Rosen. The Washington Post‘s story behind that is downright chilling. What we have here is a case of the Obama Administration criminalizing reporting.

In June of 2009, James Rosen of Fox News reported that North Korea might respond to an increase in United Nations sanctions with even more nuclear tests. Rosen added that the CIA had learned this information from their sources within North Korea.

According to the Washington Post, upon hearing learning of Rosen’s report, the White House launched what many believe is an unprecedented leak probe that went so far as to criminalize standard news-gathering.

Because the Justice Department believes the source of the leak to Rosen was Jin-Woo Kim, a government adviser, he is facing federal charges that could land him a 10-year prison sentence.

But in their zeal to dig into reporter Rosen’s part in this (and supposedly firm up their case against Kim), the Post reports that FBI agent Regineld Reyes claimed there was “evidence Rosen had broken the law, ‘at the very least, either as an aider, abettor and/or co-conspirator.’”

After building their case against Kim, the Obama administration then went after Rosen, using his badge to trace his whereabouts in the State Department. But they also wanted Rosen’s emails. The Post writes that in order to do this, because of legal protections offered the media, the case had to be made that Rosen was a co-conspirator in a criminal conspiracy to leak national security secrets:

Privacy protections limit searching or seizing a reporter’s work, but not when there is evidence that the journalist broke the law against unauthorized leaks. A federal judge signed off on the search warrant — agreeing that there was probable cause that Rosen was a co-conspirator.

Rosen said the government never contacted him.

The thing you have to keep in mind here is that if Kim and Rosen did what the Obama administration says they did — it is something that happens almost every day between reporters and their sources. It is called everyday journalism; and the Obama administration is attempting to criminalize everyday journalism.

If sources are not leaking information to journalists, what is the alternative? Well, the only alternative is that the media write what the government tells them to write.

[Update: May 22, 2013]: And we can already see that this Obama Department of Injustice already has more proof of contempt for the Constitution and the laws that govern a nation.  It wasn’t just one rare case, it was a widespread thug political tactic to intimidate and suppress the free press.  Now we’re learning that it wasn’t just the 100 Associated Press reporters who used those 20 phone lines Obama bugged; we’re learning that it wasn’t just those 100 AP reporters plus Fox News correspondent James Rosen.  The Obama thug FBI commit slander against Rosen in an affidavit in order to see to it that only Obama’s lawyers could be present when they illegally wiretapped a JOURNALIST but bugged his parents, too.  Along with an as yet unknown number of Fox News reporters and journalists.

Eric Holder and Barack Obama went further in sliming and demonizing the role of the reporter than anything that has ever been seen in American history.  They literally said in the case of Fox News staffer James Rosen that the constitutional role of the media to serve as a check and balance against an out-of-control federal government is a crime.  They had to accuse the normal act of covering a news story as a CRIME in order to justify their Stalinist fishing expedition into a formerly free press.

Stop and think back to the bizarre wave of leaks that clearly came from the White House in order to spin the news in a way that would favor Obama.  It didn’t matter how many secrets and how many lives were at risk, then.  And then compare the same president who leaked all kinds of secrets when it was convenient for him to suddenly show his Stalinist fangs when the leaks didn’t politically benefit him.

Again, Barack Obama is the worst fascist who has ever contaminated the White House and tyrannized the American people.

And this nation will suffer for its sin in giving America a truly demon-possessed president.

Dept Of Justice Attorney Resigns Due To Obama Obstruction Of Justice In Black Panther Case

May 20, 2010

We pointed this abortion of justice out (that’s when justice gets treated like something that doesn’t deserve to exist and murdered, liberals) some time ago.

DOJ Voting Rights attorney resigns over Black Panthers stonewalling
By: J.P. Freire
Associate Commentary Editor
05/18/10 6:40 PM EDT

A trial attorney with the Department of Justice’s Voting Rights Section has resigned, citing concerns about the government’s refusal to prosecute a case involving voter intimidation by the New Black Panther Party. A letter of resignation obtained by The Washington Examiner from a former Justice Department employee makes clear DOJ has refused to allow attorneys in the Voting Rights Section to testify before the congressionally-chartered bipartisan U.S. Commission on Civil Rights, despite subpoenas that could result in their being held in contempt.

In his letter of resignation, J. Christian Adams said:

On the other hand, the events surrounding the dismissal of United States v. New Black Panther Party, et al., after the trial team sought and obtained an entry of default, has subjected me, Mr. Christopher Coates, and potentially at some point, all members of the team, to a subpoena from the United States Commission on Civil Rights. The subpoena is based on an explicit federal statute and seeks answers about why the case was dismissed.

I have incurred significant personal expense in retaining a number of separate attorneys and firms regarding this subpoena in order to protect my interests and advise me about my personal legal obligation to comply with the subpoena. Over the last few months, one of my attorneys has had multiple communications with Federal Programs regarding the subpoena. My attorney suggested to them that the Department should file a motion in district court to quash the subpoena and thereby resolve conclusively any question about my obligation to comply.

Months ago, my attorney advised the Department that a motion to quash would be welcome, and that I would assert no objection to the motion. Further, my attorney has explicitly sought to ascertain whether Executive Privilege has been invoked regarding the decisions of individuals not in the Voting Section to order the dismissal of the case. If Executive Privilege has been asserted, or will be, obviously I would not comply with the subpoena. These options would provide some conclusive legal certainly about the extent of my obligation to comply with a subpoena issued pursuant to a federal statute. Instead, we have been ordered not to comply with the subpoena, citing a federal regulation (emphasis mine).

Adams also cites his knowledge of the criminal character and “violent tendencies of” members of the New Black Panther Party, saying:

As you also know, the defendants in the New Black Panther lawsuit have become increasingly belligerent in their rhetoric toward the attorneys who brought the case. (See eg., April 23, 2010 statement of Malik Zulu Shabazz,http://www.newblackpanther.com/usccrphony case statement.pdf, describing the “phony case” brought by “the modern day racist lynch mob seeking to hang what [we] think .are [our] modern slaves.”) Their grievances toward us generally echo the assertions that the facts and law did not support the lawsuit against them, ab initio. Knowing intimately the criminal character and violent tendencies of the members of New Black Panther Party, it is my profound hope that these assertions are tempered.

This follows the departure of another attorney, who before transferring to South Carolina, read a statement to a surprised “goodbye luncheon” about his opposition to the way the case is handled (see here). More updates to follow. The document is below:

J. Christian Adams resignation letter 051910

UPDATE: The New Black Panthers’ website appears to be down. You can read Malik Zulu Shabazz’s statement over at Main Justice.

Intimidating men armed with clubs in front of a polling place, you say???  That’s voter intimidation!!!  That’s a violation of Civil Rights!!!  That’s an insult to our entire democracy!!!  These people have to be arrested and prosecuted!!!

Oh, they’re blaaack.  Well, then, it must be okay, then.