Posted on 10/03/2013 6:21:18 PM PDT by FR_addict
URGENT MEMO: The current U.S. President has chosen to meet outside of government law, possibly selling off additional parts of the nation’s sovereignty – to men in suits who are more than ready to capitalize on the current US budget crisis.
US Treasury head Jack Lew described the situation as follows: “If we have insufficient cash on hand, it would be impossible for the United States of America to meet all of its obligations for the first time in our history.”
Reuters wire reports today that US President Barack Obama has met with top bank chief executives to discuss ‘the government shutdown’, and the looming deadline to raise the nation’s debt limit.
The bank chiefs he met with included such upstanding money lenders as Lloyd Blankfein of Goldman Sachs, Michael Corbat of Citigroup, Jamie Dimon of JPMorgan Chase & Co, and Brian Moynihan of Bank of America – and it’s worth noting here that each and every one of these men have presided over one financial fraud or scandal of some kind over the last 5 years.
As it happens, JPMorgan just offered the Feds $3 Billion to end probes into its dodgy mortgage business.
... Yes, Obama has met with Goldman Sachs and Co, in order to arrange for a new ‘debt ceiling’, or more accurately – a new line of credit. Only problem: he cannot do this during a shutdown. Such an act is in direct violation of the Antideficiency Act of 1870. It was a real law in fact, passed by Congress and also amended several times. This US law clearly prohibits a government office holders from incurring any monetary obligation – for which the Congress has not appropriated funds. ...
...
(Excerpt) Read more at 21stcenturywire.com ...
I thought it was only the crazy conspiracy theorists who said bankers like blankfein ran the world.
Sounds like more Satire.
Talk about a recurring, easy-to-write headline these days: “Obama does ______ in violation of federal law.”
Impeach!
On multiple offenses.
No, he does not, but we have known this for years now.
The gangster meets with the banksters. Film at 11.
Zero must be itching to write more huge checks to terd world Islamists.
Well, if the US can’t pay it’s bills, then let’s go all the way. We’ll have to fire the CEO. Oh please, let me be the one to do it. He’s the focal point of our government and that lazy, stupid jackass begged for the job....TWICE!!!
This is interesting www.bis.org, never knew of this bank full of elite power brokers. Imf, world bank, g20 etc...now this. Seems it began in 1930.
Near the end makes one think it is satire.
The list, Ping
Let me know if you would like to be on or off the ping list
But yet ? they tell us that Obamacare is the national law that must be obeyed.
Tea Party policy *today* can affect the deals that are made today, simply by increasing the risks to the participants.
Same story below, but different slant. I don't know if what Obama did was illegal or not, but since he has broken the law so many times, I wouldn't be surprised. I did look up the law and it exists. I just don't know if he asked for a new line of credit or not.
Wall Street CEOs meet with Obama, warn of harm from debt-limit battle
http://www.latimes.com/business/la-fi-mo-wall-street-obama-shutdown-debt-limit-blankfein-economy-20131002,0,7660069.story
Violation of law? By a lawless President? This is a joke, right? I've got news for you. We exceeded the debt ceiling over four months ago. We are now a quarter trillion dollars above it.
The meeting with Goldman Sachs was only a formality to assure them that they will still get their service fee for overseeing the monthly transfer of $85 billion from the Fed to the Treasury.
Der Führer strikes again.
He’s selling the WWII Memorial?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.
