This just amazes me.
Bank of America CEO: Feds Pressured Bank to Buy Merrill Lynch
Bank of America Chief Executive Officer Kenneth Lewis testified that the federal government threatened to remove board members at his bank if it reneged on a promise to acquire Merrill Lynch, despite Merrill Lynch's crumbling financial state.
Wake up people. How long can our govenment break the law and get away with it?
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We have criminal activity from the Government with an abuse of power and law.
We are back to the days that inspired the French Revolution with this disgusting criminal actions in the Abuse of Power.
quote Bastiat:
The Complete Perversion of the Law
But, unfortunately, law by no means confines itself to its proper functions. And when it has exceeded its proper functions, it has not done so merely in some inconsequential and debatable matters. The law has gone further than this; it has acted in direct opposition to its own purpose. The law has been used to destroy its own objective: It has been applied to annihilating the justice that it was supposed to maintain; to limiting and destroying rights which its real purpose was to respect. The law has placed the collective force at the disposal of the unscrupulous who wish, without risk, to exploit the person, liberty, and property of others. It has converted plunder into a right, in order to protect plunder. And it has converted lawful defense into a crime, in order to punish lawful defense.
How has this perversion of the law been accomplished? And what have been the results?
The law has been perverted by the influence of two entirely different causes: stupid greed and false philanthropy. Let us speak of the first.
Read more here:
http://bastiat.org/en/the_law.html#SECTION_G1793
Bastiat
Property and Plunder
Man can live and satisfy his wants only by ceaseless labor; by the ceaseless application of his faculties to natural resources. This process is the origin of property.
But it is also true that a man may live and satisfy his wants by seizing and consuming the products of the labor of others. This process is the origin of plunder.
Now since man is naturally inclined to avoid pain — and since labor is pain in itself — it follows that men will resort to plunder whenever plunder is easier than work. History shows this quite clearly. And under these conditions, neither religion nor morality can stop it.
When, then, does plunder stop? It stops when it becomes more painful and more dangerous than labor.
It is evident, then, that the proper purpose of law is to use the power of its collective force to stop this fatal tendency to plunder instead of to work. All the measures of the law should protect property and punish plunder.
But, generally, the law is made by one man or one class of men. And since law cannot operate without the sanction and support of a dominating force, this force must be entrusted to those who make the laws.
This fact, combined with the fatal tendency that exists in the heart of man to satisfy his wants with the least possible effort, explains the almost universal perversion of the law. Thus it is easy to understand how law, instead of checking injustice, becomes the invincible weapon of injustice. It is easy to understand why the law is used by the legislator to destroy in varying degrees among the rest of the people,
their personal independence by slavery, their liberty by oppression, and their property by plunder.
This is done for the benefit of the person who makes the law, and in proportion to the power that he holds.
Break the law... like contract law too that's been in this once great country for over 200 yrs when the gov't takeover of Chrysler ditched the bondholders who are supposed to be first line got the sh*t end of the stick behind the UAW and we gave (for $0) a share of the company to an Italian carmaker? Wow... venture capitalists all over the world must be standing in line to invest in US companies with standards like that.
Or, maybe when the WH threatened to withhold Stimulus money from California if they didn't recall pay cuts for the SEIU (a union that donated millions to Obama's pres campaign)? There's labor's strongarm for ya. Law doesn't matter.
Heck with breaking the law, let's just throw out the whole friggin Constitution while we're at it and start over with what works for the adminstration since the POTUS has no respect for the Constitution!
The largest heist in the history of the world, and they got away with it.
Why? Because we let them, and because they purchased Congress. Time to flush the rats out to see.
Arrest the BANKSTERS!
Borrowed from a friend, a retired geek.
Obama and 'The Polishing of the Turds'
The legacy of Barack Obama will be written in History as 'The Polishing of the Turds'.
The expression (polishing turds) is used mostly in the Software Industry and means to make a piece of poorly written and virtually unfixable software appear to function by giving it a 'Smart' and Pleasant user interface.
You may have noticed that Barack Obama uses the word 'Solve' quite often.
Obama states he will 'Solve' the Education crisis.
Obama states he will 'Solve' the Economy crisis.
Obama states he will 'Solve' the Islamic Terrorist crisis.
Obama states he will 'Solve' the Health Care crisis.
Obama uses his 'Toothy Smile' and 'Teleprompter Words', in an attempt to 'Polish Turds' that have never worked or never will.
Totalitarian Indoctrination of children in Government Schools, like the Vladimir Lenin 'Turd', “Give us the child for 8 years and it will be a Bolshevik (Marxist/Communist) forever”, is 'Shined Up' and called 'Social Justice'.
Nationalizations of Major American Industries, is 'Shined Up' from the Marxist/Socialist 'Turd' and called 'Saving and Creating Jobs'.
The 'Turd' of Islamic Jihad (which promises death and destruction), is 'Shined Up' and called 'Mutual Acceptance' and 'Working Together'.
The 'Socialized Health Care Turd' is 'Shined Up' and called 'ObamaCare for All'.
When Barack Obama asks his followers, 'Will You Polish these Turds' - they Chant in unison 'Yes We Can'.
Borrowed from a friend, a retired geek.
Obama and 'The Polishing of the Turds'
The legacy of Barack Obama will be written in History as 'The Polishing of the Turds'.
The expression (polishing turds) is used mostly in the Software Industry and means to make a piece of poorly written and virtually unfixable software appear to function by giving it a 'Smart' and Pleasant user interface.
You may have noticed that Barack Obama uses the word 'Solve' quite often.
Obama states he will 'Solve' the Education crisis.
Obama states he will 'Solve' the Economy crisis.
Obama states he will 'Solve' the Islamic Terrorist crisis.
Obama states he will 'Solve' the Health Care crisis.
Obama uses his 'Toothy Smile' and 'Teleprompter Words', in an attempt to 'Polish Turds' that have never worked or never will.
Totalitarian Indoctrination of children in Government Schools, like the Vladimir Lenin 'Turd', “Give us the child for 8 years and it will be a Bolshevik (Marxist/Communist) forever”, is 'Shined Up' and called 'Social Justice'.
Nationalizations of Major American Industries, is 'Shined Up' from the Marxist/Socialist 'Turd' and called 'Saving and Creating Jobs'.
The 'Turd' of Islamic Jihad (which promises death and destruction), is 'Shined Up' and called 'Mutual Acceptance' and 'Working Together'.
The 'Socialized Health Care Turd' is 'Shined Up' and called 'ObamaCare for All'.
When Barack Obama asks his followers, 'Will You Polish these Turds' - they Chant in unison 'Yes We Can'.