Our Government Engaged In EXTORTION With Our Banks!

Discussion in 'Politics' started by Revmitchell, Apr 3, 2009.

  1. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,387
    Likes Received:
    790
    By Judge Andrew Napolitano
    FOX News Senior Judicial Analyst




    The Federal government committed extortion and they’re not being held accountable. What’s next? Listen to this: I recently met with the Chair and CEO of one of the country’s top 10 bank holding companies. His bank is worth in excess of $250 billion, has no bad debt, no credit default swaps, no liquidity problems, and no subprime loans. He told me that he and others were forced by Treasury and FDIC threats to take TARP funds, even though he did not want or need them.

    " There is simply no authority in the U.S. Constitution for Congress to exercise the level of control it now seeks over private industry.'

    The FDIC — with Treasury backing — threatened to conduct public audits of his bank unless his board created and issued a class of stock for the Feds to buy. The audit, which he is confident his bank would survive, would cost it millions in employee time, bad press, and consequent lost business.

    He pleaded with the Feds to leave his successful bank alone. He begged his board to let him tell the Feds to take a hike. But they gave in. The Feds are now just a tiny shareholder, but want to begin asserting more and more control. This is a classic extortion: Controlling someone’s free will by threatening to perform a lawful act. (Blackmail is the threat is to perform an unlawful act in order to control someone else’s free will.) There are no exceptions in the statutes prohibiting extortion for government persons

    This happened in September 2008, but the demands for more control are more recent. It sounds to me like Paulson, Geithner, Bernanke, and Sheila Blair have all read a biography of Benito Mussolini. I guess they skipped the last chapter.


    More Here
     
  2. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,387
    Likes Received:
    790
    Odrama is a lying, racist, fascist.
     
  3. Revmitchell

    Revmitchell
    Expand Collapse
    Well-Known Member

    Joined:
    Feb 18, 2006
    Messages:
    38,387
    Likes Received:
    790
    "Our liberties are slipping away right before our eyes." ~Judge Andrew Napolitano
     
  4. billwald

    billwald
    Expand Collapse
    Banned

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Likes Received:
    0
    Who is "our?" Which liberties are slipping away?
     
  5. billwald

    billwald
    Expand Collapse
    Banned

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Likes Received:
    0
    From the posted URL:

    >There is simply no authority in the U.S. Constitution for Congress to exercise the level of control it now seeks over private industry.

    There was simply no authority in the US Constitution to prevent the Confederacy from withdrawing but that did not stop him and that's the way it has been ever since. The US became like the MAFIA. If one can't leave an organization without dying then one has become a slave to the organization.
     
  6. OldRegular

    OldRegular
    Expand Collapse
    Well-Known Member

    Joined:
    Nov 21, 2004
    Messages:
    22,678
    Likes Received:
    53
    The judge is correct! We are on the road to becoming a Fascist country. O'bama rex has a charismatic ability to stir the populace like Hitler did during the 1930's.

    Hopefully the people will waken before it is too late, Perhaps Congress will learn something during their two week hiatus from DC. The tea parties are apparently growing in popularity.
     
  7. poncho

    poncho
    Expand Collapse
    Banned

    Joined:
    Mar 30, 2004
    Messages:
    19,657
    Likes Received:
    128
    Hey wait a minute...aren't you same fellas who made excuses when Bush was flirting with fascism?
     
    #7 poncho, Apr 3, 2009
    Last edited by a moderator: Apr 3, 2009

Share This Page

Loading...