The Obama Bank Shakedown

Creators Syndicate ^ | August 23, 2014 | Larry Kudlow

[Stosh]

If I was Kovacevich, I’d be talking to Rick Perry about how to look good when confronted with the need to take a mug-shot for a politically-motivated indictment.

I hope his tax records are in order.

[lavaroise]

In other words, the typical anticapitalist envious communist rhetoric.

When government plays politics with its own people and the corporations, we really have a situation of obvious lack of confidence and leadership.

[Hotlanta Mike]

Too big to jail, according to Obama and Holder.

[Verginius Rufus]

It didn't start with Obama.

At the Free Republic March for Justice on Oct. 31, 1998, in Washington, DC, someone from State Farm insurance described how the Clintons had shaken down State Farm for a sizeable amount of money.

[ronnie raygun]

Criminal rats need some peanut butter

[jazusamo]

Well said and right on the mark.

[jazusamo]

Yep, even though 0bama and Clinton hate each other they’re Rats of the same type.

[Tilted Irish Kilt]

Let see what really happened
The administration coerce /mandated that banks issue loans to 'low income' folks ,
with little history or no credit, or no collaterol.
These loans were "bundled" and sold on the open market.
When unable to make payments, these loans went into default. In many instances, homes were reposessed and sold at a loss .
Now the Fed Govt. wants to hold the banks accountable by their coerced / mandated program.
This country is ruled by law of the land, .. except when involved with the Fed.

[GreyFriar]

Stuart Varney said the same thing Thursday — that the federal government is “shaking down Bank of American”.

[jazusamo]

Please bump the Freepathon or click above to donate or become a monthly donor!

[Foundahardheadedwoman]

Isn’t this called extortion or a protection racket when the Mafia does it? Pay up or get hammered by every agency we can think of to use against you.

[faithhopecharity]

the administration shakes down business and industry...
they stop hiring and go into layoff mode
this throws more people onto the dole, just what the admin wants..more dependants on the politicians’ “largess” — purchasing more votes to keep them in office

plus
the admin gets billions more $ to spend (without appropriations, like when O gives zillions of dineros to islamonazi terrorists)

it all works according to plan

Its a Wonderful World....joy joy joy

[MichaelCorleone]

obama/holder learned well from the master shakedown artist himself, jesse jackson.

[AEMILIUS PAULUS]

In all dying states, that I’m aware of, there is the use of the legal system to seize property. The corrupt “leadership” need the funds to support their parasitical voters. The black has now seized control of the treasury and is looting it for group benefit. Simply Google the number of payouts to minorities(billions to black farmers, billions for the South American “children,”) (Their parents are coming later.); “Obama Phones” 1/3 the population on welfare payments of some sort.(I’ll bet that most of them are recent arrivals to the U.S.) WE ARE BEING CONQUERED WITHOUT A SHOT BEING FIRED! AT THIS TIME IT IS NOT TOO EXTREME TO SAY THAT SLAVERY FOR THE EURO-AMERICAN IS NOW VISIBLE ON THE HORIZON.

[molson209]

Anyone check where these Billions are going ?

[Jane Long]

Anyone check where these Billions are going ?

---

Hard to do when emails and hard drives keep *crashing* and getting destroyed.

[Theoria]

Kovacevich took the TARP money when he was in the room. He didn't make a stand. He can bitch all he wants about a shake down, but banks are best at shaking down you and I.

When the going got tough he said yes to .Gov.

[RedMDer]

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[<1/1,000,000th%]

Can’t go after the people, they’re big Democrat donors.