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"Clown Prince" obama's thugs leaked confidential tax information about Koch Industries, one of America’s top privately held firms. Currently there is an ongoing investigation inside the Treasury Department concerning which laws were violated by the obama thugs in the disclosure. Koch Industries is the latest whipping boy of the obama regime’s political hit squad.
It is amazing we still have corporate leaders who have the guts to stand up for free enterprise and put their money into the cause of protecting freedom. Sadly, most of corporate America has gone the other direction. Many corporate titans have signed onto obama’s team in exchange for a warm tit to suckle. General Electric seems to be a chief beneficiary of stimulus funds, with federal taxpayer’s money being given to many of its businesses. As noted in a 2009 Wall Street Journal story, “General Electric Pursues Pot of Stimulus Gold,” GE CEO Jeff Immelt geared up his lobbying army to exploit obama’s economic stimulus package. And it paid off!!
ANALYSIS: Not only has "Clown Prince" obama replaced 'Peanut' Carter as the least effective, most reviled president in the past two centuries; he has now replaced "Slick-Willie" Clinton as the most scheming, underhanded, disreputable, despicable presidents on record!! This destructive action is goes beyond "Slick's" many 'Gates,' to wit: WhitewaterGate, BillingGate, CattleGate, CastleGrandeGate, FileGate, GolfGate, IndonesiaGate and TravelGate. (Reference: http://www.io.com/~cjburke/clinton/clinatoz.html) Does this not remind you of the various "Pay-for-Play" schemes reported almost daily?!?!
The obama regime is considering asking Congress to give the Treasury Secretary "Turbo-Tax Tim" Geithner unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.
The government at present has the authority to seize only banks.Giving "Turbo-Tax Tim" authority over a broader range of companies would mark a significant shift from the existing model of financial regulation, which relies on independent agencies that are shielded from the political process. The Treasury secretary, a member of the obama regime, would exercise the new powers in consultation with the White House, the Federal Reserve and other regulators, according to the document. The administration plans to send legislation to Capitol Hill this week.
Treasury Secretary "TurboTax-Tim" Geithner is set to argue for the new powers at a hearing today on Capitol Hill about the furor over bonuses paid to executives at American International Group, which the government has propped up with about $180 billion in federal aid. Administration officials have said that the proposed authority would have allowed them to seize AIG last fall and wind down its operations at less cost to taxpayers.
The administration's proposal contains two pieces. First, it would empower a government agency to take on the new role of systemic risk regulator with broad oversight of any and all financial firms whose failure could disrupt the broader economy. The Federal Reserve is widely considered to be the leading candidate for this assignment. But some critics warn that this could conflict with the Fed's other responsibilities, particularly its control over monetary policy.
"Turbo-Tax Tim" could act only after consulting with the president and getting a recommendation from two-thirds of the Federal Reserve Board, according to the plan. "Turbo-Tax" plans to lay out the administration's broader strategy for overhauling financial regulation at another hearing on Thursday. The authority to seize non-bank financial firms has emerged as a priority for the administration after the failure of investment house Lehman Brothers, which was not a traditional bank, and the troubled rescue of AIG.
The government also would assume the authority to seize such firms if they totter toward failure. Besides seizing a company outright, the document states, "Turbo-Tax Tim" could use a range of tools to prevent its collapse, such as guaranteeing losses, buying assets or taking a partial ownership stake. Such authority also would allow the government to break contracts, such as the agreements to pay $165 million in bonuses to employees of AIG's most troubled unit. "We're very late in doing this, but we've got to move quickly to try and do this because, again, it's a necessary thing for any government to have a broader range of tools for dealing with these kinds of things, so you can protect the economy from the kind of risks posed by institutions that get to the point where they're systemic," 'Turbo-Tax' said last night at a forum held by the Wall Street Journal.The powers would parallel the government's existing authority over banks, which are exercised by banking regulatory agencies in conjunction with the Federal Deposit Insurance Corp. "Turbo-Tax" has cited that structure as the model for the government's plans.
ANALYSIS: Does this regime mirror socialism (End to private property) more or less than fascism (Control of private enterprise; repression of ALL opposition)?!?! Each time "Clown Prince" obama blathers about, he condemns free enterprise and the free market system; the very system that made it possible for him to be 'selected to be elected.' When he becomes a "one-term wonder," how will he earn a living without rolling-over-and-playing-dead with respect to the American capitalist system?!?! Why have 'parallel powers' for any other reason than to continue to grow government further into unsustainable levels?!?!
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| obama-Trumka: "Thugs-Of-A-Feather" |
Depending on the outcome of November’s midterm elections, the subsequent lame duck session may be obamacRATs’ last chance to push through some major agenda items that have been on the back burner since they took control of Congress in 2006. Among these priorities is the Employee Free Choice (?) Act (EFCA), or “card check.” Though congressional leaders and their union allies aren’t yet disclosing specific items on the lame duck calendar, AFL-CIO president Richard Trumka has hinted that this union priority will be addressed “before the end of the year.” In September, Trumka noted:
The republicRATs are locked in against but we have we have president who supports it along with vast majority of the House and Senate and the public… We’re working on it every day.. .Stay tuned because before the end of the year, you are going to hear something about the Employee Free Choice (?) Act because we are working on it every day. There is no question the Employe Free Choice (?) Act has to become law and workers need it. EFCA is necessary so more people can get bargaining power and we can get fair share of the economic pie.
ANALYSIS: Who'da thunk it?!?! The head of one of the most murderous labor unions on the planet has the power to set federal agendas and policy!! George Soros-PREPARE!! You may be ousted as obama's Chief Handler by Richard Trumka!! While Soros is a more 'behind-the-scenes' type, "Clown Prince" obama seems to prefer those 'in-your-face' types like Trumka, who display a spinal column which obama lacks!!
Til Nex'Time.... During a conference call with reporters Thursday, Trumka again suggested Congress may vote on the contentious union bill soon. When asked if he had received a commitment from obamacRAT leaders on Capitol Hill to move the bill, Trumka told them, “stay tuned.”
The real violation of Koch is having the temerity to give contributions to organizations against the obama facist agenda. Damn the 55,000 people that work for Koch. Someone inside the obama regime has given orders to make the owners of Koch Industries pay.
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