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Congressional Panel receives Timothy Geithner's call logs

FR POSTED Nov 18, 2009 We need audits, WH cell phone records, computer links, wire-transfers, and bank records to get an accurate accounting of the whereabouts of our tax dollars used in this massive fraud.

REFERENCE On June 9, 2009 Ohaha called a press conference to announce, "Several financial institutions are set to pay back $68B to taxpayers." Resonable people (taxpayers) assumed that any money or profit would be returned to the general funds from whence it had come .......in order to pay down the debt. The truth, however, is that the money returned by the banks is finding new life as part of what amounts to a Treasury Dept slush fund controlled by Tim Geithner.

REFERENCE We kept reading and hearing about Ohaha rushing Congress to approve "a $787 billion stimulus package" early this year. Now uber-Lobbyist Thomas Hale Boggs, Esq, interviewed by nightly news several months ago said, "there's $2 TRILLION federal stimulus waiting to be distributed". Boggs said he was getting unprecedented numbers of calls from all over the US......from those who want a piece of it. (Boggs is the son of former Cong Hale Boggs and brother of former ABC-TV commentator Cokie Roberts).

FOLLOW THE MONEY Who's kidding who? This was no reporting error. This was money laundering.....purposefully done to get the stim to "insiders." The stim is nothing more than a slush fund----to be used for campaigns and for personal purposes.

THE STIMULUS SCAM---A DEM SLUSH FUND Americans are awakening to the fact that govt insiders are mishandling trillions in stimulus------that federal monies are being illegally directed to Democrat campaign coffers, or wire-transferred offshore into personal accounts......or being laundered in the states.

ITEM $17.5 billion stim disappeared when it hit NJ as the Dem Gov's reelection was gearing up, news reports stated.

ITEM Recovery.org (the stimulus reporting website financed with $18 million tax dollars) lists phantom districts and fake zip codes as having received millions of stim dollars.

ITEM Some 85% of Obama's stimulus is still in Washington under Ohaha's control being hoarded for imperiled Dems' 2010-12 elections. Obama's pork-laden stimulus, and other wasteful spending, isn't doing much good. US unemployment keep rising to levels not seen in decades, w/ scant hope of a rebound. Ergo, we can safely conclude that creating jobs was NOT the reason for Ohaha's trillion dollar stimulus.

REFERENCE Obama appointed Vice President Biden to oversee the dispersement of the trillions in stimulus.

"Hi there, Americans. My son and brother are gonna help me disperse the trillion dollar stiumulus. "

REFERENCE Fraudster had links to offshore fund run by Bidens
Reuters on Yahoo | 2/23/09 | BY Ajay Kamalakaran
(Excerpt) Read more at news.yahoo.com ...

(Reuters) – A fund of offshore hedge funds run by two members of VP Joe Biden's family was marketed exclusively by offshore firms controlled by Texas financier Allen Stanford, now in jail, charged by regulators with an $8 billion fraud, the Wall Street Journal said.

The Bidens $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and the offshore Stanford Financial Group entity headquartered in Antigua, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said. Stanford-related offshore companies marketed the Biden fund to investors and also invested about $2.7 million of their own money in the fund, the paper said, citing a lawyer for Paradigm.

Paradigm Global Advisors is owned through a holding company by the vice president Biden's son, Hunter, and Joe Biden's brother, James, according to the WSJ. Paradigm's attorney, Marc LoPresti, who represents Hunter Biden and James Biden, as well as Paradigm, told the paper he did not know which Stanford offshore entity invested the roughly $2.7 million. He told the paper the Bidens NEVER met or communicated with Stanford (/snicker).

Agnew ‘0’Biden, Oh My

BUMP.

“He told the paper the Bidens NEVER met or communicated with Stanford (/snicker). “

Yeah sure, no problem...... ;-)

In other news...

http://www.washingtonpost.com/wp-dyn/content/article/2010/01/25/AR2010012501129.html

Beau Biden, VP’s son, won’t seek US Senate seat

By RANDALL CHASE
The Associated Press
Monday, January 25, 2010; 9:37 AM

DOVER, Del. — Delaware Attorney General Beau Biden will not be running for the U.S. Senate seat once held by his father, Vice President Joe Biden.

The younger Biden told supporters in an e-mail Monday that he will run for re-election as attorney general rather than seek the Democratic nomination for Senate.

(snip)

FR POSTED Nov 18, 2009 We need audits, WH cell phone records, computer links, wire-transfers, and bank records to get an accurate accounting of the whereabouts of our tax dollars used in this massive fraud.

Jim can we get a special thread asking freepers to add more information to the above, contact congressional delegations, media etc demanding the bold area above. Liz knows what she is talking about. Let's get er done....Audit the Fed! Stop the money laundering!

Geithner will remain as TSec, at least until elections, for several reasons, not the least of which is this:

If Geithner Goes, The Top Two Contenders - CNBC, 2010 January 20, by Lee Brodie

Tim Geithner will soon find himself on the hot seat again, as he’s summoned to Congress. Considering the mood in DC, could his job be on the line?
The latest storm of controversy stems from Geithner’s role involving AIG payments to banks when he headed the New York Federal Reserve. Specifically, lawmakers want to hear about his decision to pay banks in full to retire $62.1 billion in credit default swaps sold by AIG, and whether Geither disclosed information about those payments properly.
At a hearing on AIG in November, one lawmaker had called on Geithner to step down. If Geithner were to be replaced, "it would have to be someone outside Wall Street," explains Daniel Clifton of Strategas Research Partners. “The argument is that Geithner is too Wall Street.”
And although nobody is tossing their hat in the ring officially, Clifton tells the desk that insiders are whispering about a short list; and the names being floated are Senator Christopher Dodd (D-CT) and former NJ Governor Jon Corzine.
However, Geithner probably isn't going anywhere -- at least not yet. Absent a "smoking gun" most analysts agree that the results of the inquiry won’t trigger a resignation. .....

If Geithner is forced out, it would not be because of AIG issue or pressure from Congress (though Dems on the Hill could be used by Obama to do the deed, while he is publicly wringing and washing his hands) - it would be because he is regularly a big thorn in the side of another Obama's close advisor, FDIC's Sheila Bair, and because he had the temerity to publicly question and express his disagreement with some of Obama's programs, regulations or trial balloons:

Geithner on the outs with Obama - NYP, 2010 January 24, by Mark DeCambre

Call him "Tiny" Tim.
As President Obama turns up the heat on Wall Street, Treasury Secretary Timothy Geithner appears to have a diminished role in shaping policies pertaining to the financial sector amid talk that he has reservations about the tack that the White House is taking to try to rein in firms.
Signs that Geithner might be on the outside looking in were visible Thursday, as the Treasury secretary stood two people away from Obama while the president outlined the broad strokes of a plan that could effectively separate commercial banking from investment banking and curb consolidation in the financial-services industry.
Customarily, Geithner has been at Obama's side whenever the president discussed topics related to Wall Street. .....

That's what used to be known as Kremlinology, in the "good old days" of Cold War, when all were looking at the order of Comrades standing left and right from the Soviet leader.

The latest Kremlinology signs doesn't look good for Tim, but this is Obama's call and he'll make it for internal reasons, not because of supposed pressure from Congress.

Re Biden's family ties with Stanford's and other funds - it's probably one of the reasons why Beau Biden would not run for his father's Senate seat. Another may be this poll by a prominent and rabid Dem pollster:

Health Care BS - LEFTY POLL ANALYST PREDICTS SEVEN-SEAT SENATE LOSS FOR DEMS :

Nate Silver, a poll analyst much beloved of the Left, has some bad news for the Democrats. His latest statistical model suggests that, when the smoke clears after November’s midterms, the Democrat Senate majority will be down to 52 seats. Here’s his chart showing the statistical probability of various electoral outcomes: [chart]
In terms of individual Senate seats, Silver’s model suggests that seven Democrat seats will go Republican. Here are the statistical probabilities produced by his algorithm for those seats. The percentage to the right of each state is the statistical probability that one of its seats will flip to Republican hands:

North Dakota———-99%
Arkansas—————–73%
Nevada——————–73%
Pennylvania ———–72%
Colorado——————70%
Deleware—————–66%
Illinois——————–51%

This is, of course, highly speculative stuff. But Silver has a pretty decent track record for accuracy, and he most assuredly is not biased in favor of the GOP. Considering the stubborn refusal of the Democrats to face the grim political realities highlighted by the Massachusetts Senate election, things could turn out even worse than he predicts.

Above chart might also explain while Sen. Blanche Lincoln (D-Arkansas) is having a sudden conference on Tuesday.