Posted on 02/15/2014 3:56:43 AM PST by Liz
How wrong I was.
Yet another corrupt DemocRAT using his position in the government to build up his retirement nest egg.
Think how easy it is for a federal agency to "fund" say a Solyndra w/ millions of dollars? And how easy it would be for Solyndra to wire-transfer some of the federal funding to one of these offshore entities? And no one is the wiser.
COLLUSION AND CONSPIRACIES GALORE When he went to jail, investigators found Ponzi King Bernie Madoff had stashed billions into a labyrinth of offshore financial entities..... hedge funds, management companies and service providers.....based in Europe, the Caribbean and Central America.
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The WH Chicago con artists' financial scams proliferate---the phony stimulus, botched Obamacare, Obama/Rahm controlling the US Treasury...etc etc etc.
Obama's trillion dollar stimulus scam is a huge unreported story.. In his new book "Extortion" author Peter Schweitzer writes about Oboma, Holder (and other insiders), "weaponizing" the Justice Dept "and assorted govt agencies" to extort and steal billions of untraceable dollars....VP Joe Biden told BP Oil after the spill, that if they did not hand over $20 billion untraceable dollars, the Obamatons would do it for them.
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ONCE UPON A TIME, OBAMA'S COS EMANUEL HAD TWO JOBS Soon as they occupied the WH, Obama and the Chicago con artists (a) took control of the US Census; (b) Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury.
PAUSE TO REFLECT Remember Obama had tight control of Treasury; Obama calculatedly placed his then-COS Rahm Emanuel in a dual role.......in the WH and at Treasury. Obama had a stranglehold on Treasury via COS Rahm Emanuel's dual role
STROLL DOWN MEMORY LANE Soon as they occupied the WH, Obama and the Chi/cons (a) took control of the US Census; Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury (including the conservative-suppressing IRS). Read on.
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THE SMOKING GUN---WSJ REPORT--On Jan 20, 2009 Timothy Geithner was appointed Obama's Secy of the Treasury. But within three weeks, the Obama White House tightened its grip on Treasury. Obama put his COS, Rahm Emanuel, in charge of Treasury---Rahm Emanuel's dual role was an unusual move.
When he got to Treasury, WH COS Rahm Emanuel was so involved in the inner workings that the phrase "Rahm wants it" had become an unofficial mantra among subservient govt staffers, prostrate in obeisance, scurrying to accede to Rahm's wishes, according to Treasury government officials. Reported by WSJ / 05/31/09
More here: http://online.wsj.com/article/SB124113406528875137.html
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EXCERPT---FOURTEEN TRILLION DOLLARS Behind The Real Size of the Bailout; A guide to the abbreviations, acronyms, and obscure programs that make up the $14 trillion federal bailout of Wall Street
SOURCE motherjones.com
Mon Dec. 21, 2009 12:23 PM PST
The price tag for the Wall Street bailout is popularly put at $700 billion—---the actual size of TARP--the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside untraceable money to bail out financial firms and inject money into the markets.
To get a sense of the size of the real $14 trillion bailout, see MJ chart at web site. A guide to the pieces of the puzzle includes massive untraceable Treasury Department bailout programs.
Money Market Mutual Fund: In September 2008, the Treasury controlled by Obama/Emanuel announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].
Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokerages—as much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].
TARP: As part of the Troubled Asset Relief Program, the Treasury controlled by Obama/Emanuel made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid.
Government-sponsored enterprise (GSE) stock purchase: The Treasury controlled by Obama/Emanuel bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets."
GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury controlled by Obama/Emanuel may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion ---SNIP---.
LONG READ---go to web site to read more and checkout the shocking financial charts.
SOURCE http://motherjones.com/politics/2009/12/behind-real-size-bailout
I can’t wait until he is gone.
Can we get rid of Chuck You Schumer next?
You are correct, he has dual citizenship. However, his interference with US elections far exceeds anyone else
As an American citizen, I believe he’s entitled to spend all the money he wants to influence elections. Dittos everyone else, too.
The Constitution limits government, not individuals, or at least that was what was intended. Not much incentive to bribe the government if the government has very limited power to benefit you.
Soros should have been extradited long ago to face charges in several other countries.
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