Obama meets with Goldman Sachs for new line of credit – in violation of US law

21st Century Wire ^ | Oct. 2, 2013 | 21st Century Wire

[FR_addict]

Evidently Obama doesn't have to follow the law.

[willywill]

I thought it was only the crazy conspiracy theorists who said bankers like blankfein ran the world.

[Paladin2]

Sounds like more Satire.

[2ndDivisionVet]

Talk about a recurring, easy-to-write headline these days: “Obama does ______ in violation of federal law.”

[foundedonpurpose]

Impeach!

On multiple offenses.

[Mark17]

Evidently Obama doesn't have to follow the law.

No, he does not, but we have known this for years now.

[headstamp 2]

The gangster meets with the banksters. Film at 11.

[tumblindice]

Zero must be itching to write more huge checks to terd world Islamists.

[elpadre]

does the law state who enforces compliance?

[blueunicorn6]

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!!!

[seeker41]

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.

[EBH]

Near the end makes one think it is satire.

[Nachum]

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/

[American Constitutionalist]

But yet ? they tell us that Obamacare is the national law that must be obeyed.

[The Duke]

If the Tea Party were to build into its "platform" that all such debts would be totally repudiated and anyone making such deals would be imprisoned then the people making these deals would have to stop and wonder if the Tea Party might someday come to power. If only 15% of the people necessary to pull off such a deal decided the risk was too high that the Tea Party might gain control of the government then such deals would be defeated.

Tea Party policy *today* can affect the deals that are made today, simply by increasing the risks to the participants.

[FR_addict]

“Sounds like more Satire.”

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

[Hoodat]

Only problem: he cannot do this during a shutdown. Such an act is in direct violation of the Antideficiency Act of 1870.

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.

[musicman]

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[reaganaut]

Der Führer strikes again.

[wastoute]

He’s selling the WWII Memorial?