Posted on 10/05/2008 12:20:12 PM PDT by AFreeBird
I just caught the middle part of a special on Fox that is quite damning (IMO) to democrats and Congress on this financial mess we find ourselves in. ACORN and Obama mentioned, and NOT in a flattering light.
If you haven't seen it, or you only caught a part of it like me; you MUST catch it again tonight at 10pm ET on the Fox News Channel.
We need to make sure this information spreads far and wide and fast. Hammer it home people, especially to any lefty (or independent/undecided) friends.
This kind of information coming now, can bring down the democrat's house of cards.
Saw it yesterday. McCain should use it as a campaign ad!
The Racketeer Influenced and Corrupt Organizations Act (commonly referred to as RICO Act or RICO) is a United States federal law that provides for extended penalties for criminal acts performed as part of an ongoing criminal organization. It also provides a civil cause of action for those injured by violations of the act. RICO was enacted by section 901(a) of the Organized Crime Control Act of 1970 (Pub.L. 91-452, 84 Stat. 922, enacted 1970-10-15). RICO is codified as Chapter 96 of Title 18 of the United States Code, 18 U.S.C. § 1961–1968. It was intended to make it easier to prosecute organized crime figures, but has been applied in several other cases as well.
Under RICO, a person who is a member of an enterprise that has committed any two of 35 crimes—27 federal crimes and 8 state crimes—within a 10-year period can be charged with racketeering. Those found guilty of racketeering can be fined up to $25,000 and/or sentenced to 20 years in prison per racketeering count. In addition, the racketeer must forfeit all ill-gotten gains and interest in any business gained through a pattern of "racketeering activity." RICO also permits a private individual harmed by the actions of such an enterprise to file a civil suit; if successful, the individual can collect treble damages.
When the U.S. Attorney decides to indict someone under RICO, he or she has the option of seeking a pre-trial restraining order or injunction to temporarily seize a defendant's assets and prevent the transfer of potentially forfeitable property, as well as require the defendant to put up a performance bond. This provision was placed in the law because the owners of Mafia-related shell corporations often absconded with the assets. An injunction and/or performance bond ensures that there is something to seize in the event of a guilty verdict.
In many cases, the threat of a RICO indictment can force defendants to plead guilty to lesser charges, in part because the seizure of assets would make it difficult to pay a defense attorney. Despite its harsh provisions, a RICO-related charge is considered easy to prove in court, as it focuses on patterns of behavior as opposed to criminal acts.
There is good news for “We the People”. We do not have to depend on a corrupt federal government for action. There is also a provision for private parties to sue. A "person damaged in his business or property" can sue one or more "racketeers." The plaintiff must prove the existence of a "criminal enterprise." The defendant(s) are not the enterprise; in other words, the defendant(s) and the enterprise are not one and the same. There must be one of four specified relationships between the defendant(s) and the enterprise. A civil RICO action, like many lawsuits based on federal law, can be filed in state or federal court.
Now with the foundations of our economic system under attack we are entrusting those responsible to address the symptoms. The Democrats cry that this is not a time to point fingers all the while they, and their media accomplices place the entire blame on the Bush Administration and the GOP.
I am demanding that the Justice Department begin a full RICO investigation that will not exempt anyone inside or outside of government. I am encouraging those whose businesses were harmed by these culprits file numerous suits against the offending parties. If Raines, Schumer, Dodd, Frank, and the like do not end up penniless and in orange jump suits then we need to seriously reread the words of Thomas Jefferson when he said:
"Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness"
"I believe that banking institutions are more dangerous to our liberties than standing armies."
"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."
"Experience hath shewn, that even under the best forms [of government] those entrusted with power have, in time, and by slow operations, perverted it into tyranny."
"Government big enough to supply everything you need is big enough to take everything you have ... The course of history shows that as a government grows, liberty decreases."
“Single acts of tyranny may be ascribed to the accidental opinion of a day; but a series of oppressions, begun at a distinguished period and pursued unalterably through every change of ministers, too plainly prove a deliberate, systematic plan of reducing [a people] to slavery.”
I just watched it for the second time... David Asman and the others did a very good job with this one.
No kidding. An hour long campaign ad. Of course it won’t sway any hardcore lefty’s. But we’ll have ample information with which to hammer them down with.
Yes, I just caught about the last 15 minutes or so. It’s a terrific piece- I was scribbling down notes as fast as I could for future reference. I also just emailed Asman to thank him for the piece and urged Fox to run it on prime time.
I also commended to him the American Thinker article, “Barack Obama and the Strategy of Manufactured Crisis” which a Freeper has been touting on a couple of threads. If you haven’t seen it, it is a valuable tool to add to your information arsenal.
I only caught the end and am very happy to know that it will replay this evening. It's a shame this book isn't required reading(BEFORE the election) for every one of those college students who are voting twice. It sounds as if we're going to be led down the dark tunnel by liberals who want to repeat FDR's mistakes.
Like it or not, we are at the last legs of a National Presidential election. A whole lot is on the line. If the "One", and his fellow D's get elected and retain Congress; it will have an effect on what happens going forward.
And this piece is not w/out blame to some R's either. Wall St, and Congress are both to blame. And yes, blame does need to be addressed. And we have to dissect and disseminate this information to understand what exactly has happened so going forward we know what we have to do to prevent it from happening again.
Why don't YOU watch it for yourself and decide if it's worhtwhile and get back to us.
Just saw it, a great piece. Just following up on one of its guests, Amity Shlaes author of “The Fogotten Man, A New History of the Great Depression”.
A one hour program from C-Span:
http://www.booktv.org/program.aspx?ProgramId=8320&SectionName=After+Words&PlayMedia=No
Duh!
The only way people will learn not to do it again is to have their noses rubbed in what has happened this time. History only repeats itself when we fail to lok back on it and learn.
The MSM has been carefully shielding the guilty parties in this fiasco....some of whom will remain in charge.
You can't direct your thoughts toward the future until you figure out what was done wrong.
It's called "trial and error" learning and it's the only kind that works on some people.
What you were expecting would be something boring enough to capture zero audience, regardless of how useful it might be. If it can't draw an audience, they're just wasting time and running up their electric bill.
I don’t know who the author was, but if he covered FDR ‘s policies, and how they may have actually prolonged the depression, then yes.
YES, show OBAMA CONNECTION WITH ACORN...and the fact they caused a lot of this subprime mess with FRANK, DODD, PELOSI,SCHUMMER AND REID...and use that PICTURE OF OBAMA WITH A CIGARETTE...SLEAZY POLITICIAN.
'sounds like you're not overly concerned about letting these destroyers of our country being allowed to skate by and continue in office.
rather, we need to start shouting about giving McC/Sarah a Senate and House that cannot continue to shout down/vote down/refuse to bring to vote anything that can stop their headlong program to kill our Constitution and freedoms.
This FOX program is, perhaps, the FIRST and best expose on the demRats in decades - and spells it out for us all just how the country got to this point. It sounds the clarion call to vote these Marxists OUT.
It's curious you have a problem with this...
That show was tremendous. Nails Clinton, Carter, LBJ, FDR, Dodd, Frank, Shumer, ACORN and Obama.
Extremely informative and powerful.
Write FoxNews and ask them to show this special about what happened with Freddie Mac and Fannie Mae..until the election at least twice a week.
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