Posted on 10/22/2013 4:35:57 AM PDT by Kaslin
I’d like to see a show of hands from people who believe that Barack Obama and his administration don’t use their regulatory power to punish enemies and reward their friends.
Thought so.
I don’t think that Obama’s administration is much different than other administrations in this regard, except varying in the intensity of their pursuit and the volume of regulations they have at their disposal.
This abuse by all politicians, is, in a nut shell, the reason why our Republic, based upon limited government, is supposed to, you know, limit the powers of the government.
Because Obama—and others-- have taken the spoils system to new extremes, extremes that allow them to criminalize any behavior they wish. And then, through selective prosecutions, they can punish enemies and warn friends.
This helps to remind EVERYONE: “Who needs enemies when you have friends like us?”
Bada Bing!
The Party that campaigned “My body, my Choice” has turned over the regulatory power over everyone’s body to the IRS, and now shares, under Obamcare, Dodd-Frank, Sarbanes-Oxley, the Clean Air Act, the Community Reinvestment Act and the Patriot Act, along with others, much of the punitive power that the Oprichniki had under Ivan the Terrible, if just a bit less terrible.
I mention this because one of Obama’s smartest critics has been under relentless attack by the administration under threat of civil and criminal penalties for loans made and then sold to the federal government under the government’s sub prime lending schemes also known as Fannie Mae and Freddie Mac.
JP Morgan Chase and Jamie Dimon in particular have been subject to record fines, civil sanctions and threat of criminal prosecution.
Their crime apparently has been that Dimon in particular is a critic of the administration and that JP Morgan was one of the better-run banks.
The government is currently outraged that JP Morgan’s London Unit lost $6.2 billion on trades. And as long as the firm is willing to fork over ANOTHER $13 billion and admit they were bad, the administration is willing to let them off the hook for losing the $6.2 billion.
What about the shareholders? What’s $20 billion more or less to fat cat bank shareholders?
They don’t count.
For example, last week on Ransom Notes Radio, it was revealed that JP Morgan’s Chairman Jamie Dimon had resigned from his position as chairman at the banking unit Chase at the suggestion of the U.S. Comptroller of the Currency, one of the myriad of regulatory agencies that “helps” regulate banks in the United States.
Bumper Sticker: Monica Lewinsky’s ex boyfriend’s wife for President
Good One!
Oh yeah....if you don't worship Obama, Valerie's gonna getchou.
Reminds me of a recent CNN "American Greed" TV segment---a thieving crew ripped off banks for millions----said they did it b/c the banks are crooks anyway. No concern expressed for working class bank depositers, patrons, etc., who may have been hurt.
It is an article of faith in the Black community that bankers are crooks so they can use any means to punish them.
Similarly, it is an article of faith in the Black community that all our laws, rules, and regs have no other purpose than to keep minorities subjugated. So they do not have to obey "those" nasty laws.
I am surprised they have not taken steps to insure they get to appoint two more judges...
Unless they already have taken steps to blackmail existing ones
Look at every so-called ‘black movie’ ever made...
In it, the star steals some money, gets away with it, and gets a while girl
The ONLY exception was Eddie Murphy movies
Blackmail....or something more sinIster?
Yup——try to catch the AG segment on the bank crooks.
Most of them went to jail-—all except one.
and the one that did not go to jail is _______________?
How was jail eluded by the ONE?
She (the mastermind) is a fugitive from justice-—was scheduled to appear in court-—but skipped town and the feds cant find her-—she’s a master of disguise.
I swear Valerie Jarrett looks like one of the ape-characters from “Planet of the Apes”!
Or Star Trek salt-sucker alien.
Seriously, this extortion racket of Barry’s is so engrained! It’s clearly his MO and it’s headed for all of us, particularly those VJ has on her list as needing payback.
HF
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