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Old 08-13-2012, 10:28 PM  
KILLER_CLOWN KILLER_CLOWN is offline
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CONVICTED: Bush 1300+, Clinton 1000+, Obama 0.0 (+/-)

Financial Fraud Conviction Scorecard:

Bush: 1300+, Clinton: 1000+, Obama: 0.0 (+/-)

Meanwhile, not a word of complaint from a single Democrat in Congress, which is especially infuriating given the broad bi-partisan agreement among voters that criminal bankers need to do time. Too concerned with keeping up appearances and the next election cycle, neither side of the false left-right paradigm of American politics is capable of exposing its own filth when it comes to legitimate scandal, and this DOJ non-prosecution madness involving Goldman Sachs certainly qualifies as sordid.

Unfortunately, since it appears to the mainstream media that this is a partisan issue, and Obama is the anointed one, this story will get zero coverage.

---

DOJ Corruption Report via The Daily Caller

Excerpt:

“When we think of cronyism and the problems of cronyism and crony capitalism, we think in terms of economic loss and gain,” Schweizer said in a phone interview. “What we’re showing here is that cronyism is now permeating our justice system. So, it’s not just a question of dollars and cents, it’s a question of whether you’re going to face legal jeopardy or not on what you’re doing.”

“The issue of a revolving door — people who go in and out of, for instance, the Department of Energy who go work for energy companies then come back to the Department of Energy — is always there,” Schweizer added. “But, we’re not used to associating the top leadership of the Justice Department with the revolving door. And, I think that’s what makes this so troubling — because you can’t trust them. All their financial interests are tied up with these large firms that do an enormous amount of business with Wall Street.”

In the report, GAI details how the George W. Bush and Bill Clinton administrations both actually took down financial criminals — unlike the Obama administration. Between 2002 and 2008, for instance, GAI points out how a Bush administration task force “obtained over 1,300 corporate fraud convictions, including those of over 130 corporate vice presidents and over 200 CEOs and corporate presidents.”

“Clinton’s DOJ prosecuted over 1,800 S&L (savings and loans) executives, senior officials, and directors, and over 1,000 of them were sent to jail,” GAI adds.

But, despite having “promised more of the same,” especially in the wake of the 2008 financial crisis, the Obama administration’s DOJ has not brought criminal charges against a single major Wall Street executive.

The Bush and Clinton administrations’ track records on prosecuting white-collar crime, and the Obama administration’s failure to do so, Schweizer said, is “evidence that this has less to do with some sort of partisan or philosophical issue.”

---

Here's a blurb on Bush Sr. directly from the GAI report:
William Black, an associate professor of economics and law at the University of Missouri,
Kansas City, and former financial regulator who tackled the S&L crisis in the 1980s, noticed
a difference in priorities between the federal government’s responses to the two crises. Black, a Democrat, notes the difference in priorities between the current administration and that of President H.W. Bush. He explains, “The first President Bush’s orders were to get the most prominent, nastiest frauds, and put their heads on pikes as a demonstration that there’s a new sheriff in town.” Black and other federal regulators handled the S&L crisis by securing a 90 percent conviction rate on over a thousand prosecutions. Black bemoans the lack of “serious investigation of any of the large financial entities by the Justice Department, which includes the FBI.”



Read the full report on DOJ corruption...

http://dailybail.com/home/special-re...precedent.html

http://dailybail.com/home/convicted-...-obama-00.html
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Old 08-14-2012, 07:30 AM   #2
Amnorix Amnorix is offline
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No idea WTF this article is talking about. It's blatantly false.

http://www.thewrap.com/media/article...nspiracy-45171

http://www.nytimes.com/2012/06/15/bu...pagewanted=all

http://www.justice.gov/opa/pr/2012/June/12-crm-782.html

http://en.wikipedia.org/wiki/Bernard_Madoff

http://dealbook.nytimes.com/2012/06/...out-the-fraud/

http://www.huffingtonpost.com/2012/0...n_1600191.html

http://www.bloomberg.com/news/2011-0...operators.html

http://mobile.bloomberg.com/news/201...onment%2Ftopic

http://www.businessweek.com/news/201...ot-s-dot-rests

http://www.wbur.org/2012/04/20/bosto...aud-settlement


etc ad infinitum.
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Old 08-14-2012, 07:33 AM   #3
KILLER_CLOWN KILLER_CLOWN is offline
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The Government Accountability Institute

www.g-a-i.org

or the reports direct link here...

http://g-a-i.org/wp-content/uploads/...eport-8-61.pdf
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Old 08-14-2012, 08:03 AM   #4
chiefforlife chiefforlife is offline
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The original article IS a white collar crime.
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Old 08-14-2012, 08:17 AM   #5
Amnorix Amnorix is offline
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Quote:
Originally Posted by KILLER_CLOWN View Post
The Government Accountability Institute

www.g-a-i.org

or the reports direct link here...

http://g-a-i.org/wp-content/uploads/...eport-8-61.pdf

Please, please, please tell me that you know that the "Government Accountability Institute" isn't a government anything. It's a private organization presumably run by Republicans, given the affiliations set forth in the bio of the President of the organization:

Quote:
Peter Schweizer • President •Peter Schweizer is the author or co-author of more than a dozen books, including both New York Times and Washington Postbestsellers. Three of his books have been nominated for the Pulitzer Prize. His works have been translated into 11 languages. He is currently a Research Fellow at the Hoover Institution, Stanford University, and served as a consultant to the White House Office of Presidential Speechwriting from 2008-2009.Peter’s books include: Throw Them All Out (Houghton Mifflin), which spent nine weeks on the New York Times bestseller list; Do as I Say (Not As I Do) (Doubleday), which spent eight weeks on the bestsellers list and was hailed by The Economist as one of the top ten selling political books on the planet in November 2005. His other books include Makers and Takers, Reagan’s War, and The Bushes: Portrait of a Dynasty, all published by Doubleday. The New York Times declared that The Bushes was “the best” of the books on the family, and Reagan’s War was called “profound and compulsive reading” by former Prime Minister Margaret Thatcher.

His other books include: The Next War (co-authored with former Secretary of Defense Caspar Weinberger) and Victory (Atlantic Monthly Press). He is also the co-editor of Landmark Speeches of the American Conservative Movement (Texas A&M University Press.)

In addition to his non-fiction work, Peter is the co-author (with Caspar Weinberger) of the thriller Chain of Command (Simon and Schuster). Publisher’s Weekly, in a starred review, called it a “debut political thriller crackling with a chilling authenticity and riveting dirty dealing.”
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Old 08-14-2012, 11:12 AM   #6
FishingRod FishingRod is offline
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If the Numbers were 500 or 3000 this still could have made for an interesting discussion had numbers been true but, zero is obviously false.


I’m not doing the research
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