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dixiegrrrrl

(60,010 posts)
Thu Jan 26, 2012, 02:10 PM Jan 2012

what do these 2 headlines tell you? 1.Obama says will establish unit to fight large-scale fraud

http://www.reuters.com/article/2012/01/25/us-usa-obama-speech-financial-idUSTRE80O07020120125

and

2.
Top Justice officials connected to mortgage banks:
(Reuters) - U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department's criminal division, were partners for years at a Washington law firm that represented a Who's Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows.

The firm, Covington & Burling, is one of Washington's biggest white shoe law firms. Law professors and other federal ethics experts said that federal conflict of interest rules required Holder and Breuer to recuse themselves from any Justice Department decisions relating to law firm clients they personally had done work for.
http://www.reuters.com/article/2012/01/20/us-usa-holder-mortgage-idUSTRE80J0PH20120120
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what do these 2 headlines tell you? 1.Obama says will establish unit to fight large-scale fraud (Original Post) dixiegrrrrl Jan 2012 OP
Lip service from the one who likes to appoint foxes to guard the hen house. SammyWinstonJack Jan 2012 #1
I don't have a whole lot of hope, because sooooo much money has bought the gov. And this has RKP5637 Jan 2012 #2
They tell me it's an election year. SomethingFishy Jan 2012 #3
I think that all of us need to seriously consider supporting and participating in Zorra Jan 2012 #4
Send a thief to catch a thief? nt bemildred Jan 2012 #5
_^_ Zorra Jan 2012 #6
The police chief will soon announce Nuclear Unicorn Jan 2012 #7
And, the unit will be manned by... Tierra_y_Libertad Jan 2012 #8
too close to the truth, indeed. dixiegrrrrl Jan 2012 #9
Tells me EC Jan 2012 #10
I am totally convinced... CoffeeCat Jan 2012 #11

SammyWinstonJack

(44,130 posts)
1. Lip service from the one who likes to appoint foxes to guard the hen house.
Thu Jan 26, 2012, 02:15 PM
Jan 2012

But what do I know, me being an Obama hater and after all Obama IS the smartest guy in the room.

RKP5637

(67,102 posts)
2. I don't have a whole lot of hope, because sooooo much money has bought the gov. And this has
Thu Jan 26, 2012, 02:23 PM
Jan 2012

been going on for eons in many civilizations. Money, almost always, allows one to get what they damn well please.

Zorra

(27,670 posts)
4. I think that all of us need to seriously consider supporting and participating in
Thu Jan 26, 2012, 02:49 PM
Jan 2012

the ☮ccupy Movement.

Consumer bureau chief wages charm offensive on Republican critics
By Peter Schroeder - 01/24/12 05:52 PM ET

Consumer Financial Protection Bureau (CFPB) Director Richard Cordray offered an outstretched hand to Republicans on Tuesday in his first appearance before Congress since his controversial recess appointment.

Appearing before the same House Oversight subcommittee where Elizabeth Warren, the architect of the bureau, got into a heated dispute with a Republican lawmaker, the soft-spoken Cordray tried to tamp down the simmering partisan conflict over his agency.
----
The charm offensive was a marked change from the tack taken by Warren, the liberal champion of the bureau who often butted heads with conservative lawmakers.
---
Cordray assured skeptical Republicans that the CFPB isn’t looking to cap interest rates on consumer financial products, and stressed he would not be taking marching orders from the White House. He added that he plans to consult small businesses and banks when drafting regulations.

http://thehill.com/blogs/on-the-money/banking-financial-institutions/206243-consumer-bureau-chief-tries-charm-offensive-on-gop-critics

January 24, 2012 7:57 pm
US Treasury failed to cap rewards at bailed-out groups

The US Treasury Department failed to rein in excessive compensation for executives at bailed-out companies including AIG, despite a White House pledge to cap pay-outs, a federal audit has determined.

Since President Barack Obama promised in February 2009 to cap salaries at $500,000 and limit additional compensation to "stock that can’t be paid up until taxpayers are paid back for their assistance", the Treasury has approved pay packages of $5m or more for 49 executives, according to the Special Inspector General for the Troubled asset relief programme.
---
“They wanted pay to be business as usual,” Ms Romero added.

Mr Feinberg told Ms Romero’s investigators that senior Treasury officials pressured him to approve larger pay packages, particularly at AIG.

http://www.ft.com/intl/cms/s/0/946d5052-46a5-11e1-bc5f-00144feabdc0.html#axzz1kaj7HvxD

??☮ccupy
http://occupii.org/
All Members (4,088)

CoffeeCat

(24,411 posts)
11. I am totally convinced...
Fri Jan 27, 2012, 01:33 AM
Jan 2012

...that the majority of Obama "appointments" were really installations. The corporations, and the banks
put their chosen people exactly where they wanted them.

In the Obama Administration--it was even more stacked with bankers, Wall Streeters and Goldman boys. Does anyone
really think this was totally Obama's doing?

The corporations own our government. They have an incestuous relationship with Washington--and they appoint their
kind to powerful posts all of the time. Attorney General positions, cabinet members, SEC chairmen, regulators--chances
are they were installed by the corporations.

I don't blame Obama for this mess. These thugs have been amassing power for decades. However, I really wish Obama
would come clean to the American people. He knows who these people are and he also knows that the President has
no power--in comparison to this cabal.

He needs to speak up.

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