Dick Durbin told reporters, The timing on the SEC Charges against Goldman Sachs was perfect.”
The charges against the banking giant come the same week that democrats hope to ram their Banking Bailout Bill through Congress this week.
How convenient.
Representative Darrell Issa (R-CA) demanded records from the Security and Exchange Commission hand over documents concerning the Goldman Sachs case. The GOP wants full disclosure from the SEC regarding collusion with the White House and The New York Times over the Goldman Sachs charges.
The Politico reported, via
Rep. Darrell Issa, the top Republican on the House Oversight committee, is demanding a slew of documents from the Securities and Exchange Commission, asserting that the timing of civil charges against Goldman Sachs raises “serious questions about the commission’s independence and impartiality.”
Issa’s letter, addressed to SEC Chairwoman Mary Schapiro and signed by eight other House Republicans, asks whether the commission had any contact about the case, prior to its public release, with White House aides, Democratic Party committee officials, or members of Congress or their staff.
“[W]e are concerned that politics have unduly influenced the decision and timing of the commission’s controversial enforcement action against Goldman,” Issa writes.
Issa implied that the timing was a bit too convenient, saying President Barack Obama’s push on Wall Street reform “neatly coincided with the commission’s announcement of the suit.”
The letter is also signed by Republican Reps. Jim Jordan of Ohio, Jason Chaffetz of Utah, Patrick McHenry of North Carolina, Dan Burton of Indiana, John Mica of Florida, Blaine Luetkemeyer of Missouri, Aaron Schock of Illinois and Anh “Joseph” Cao of Louisiana.
Goldman employees donated $1 million to Barack Obama’s campaign.
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Published May 24, 2012 at 8:46 pm - 83 Comments
Militant Conservative commented:
Follow the money. This is another smoking gun as to how America is being stolen by the bankers and the politicains. powder is dry. revolution up tyranny down.
Jo commented:
We know that Barack used the first part of the stimulus to pay off his cronies that voted him into office — i.e with out tax dollars.
But lest look closer to see whom Barak really is shall we?
Luke 10:18 Jesus states,
“I beheld Satan as Lightning …..”
John 1:3, states nearly the same, Satan is lightening.
Barack is a multi-ligual cultural word that translates into many languages as lightening
we glad that we figured that out.
well this makes sense in that from San Fran, during the campaign, Mr Lightening said he had a problem with Bible readers…. someting to the respect that they are bitter and hold on to their traditions.
At least we know now that Barak is Satan. It all adds up.
Jo commented:
“Goldman employees donated $1 million to Barack Obama’s campaign.”
Maybe this is good new. This means Obama is no longer our president. OK, Next Biden it is your turn.
Opus #6 commented:
First Lieberman and now Issa. Obama’s legal problems are starting to pile up.
mmm commented:
I love Issa !!! He is not afraid to take on this gang of criminals.
Patriot Act commented:
IMPEACH.
pm commented:
OT, but fun to watch: media calling “most transparent White House ever” not fabulous, but “outrageous” and “ridiculous” –
They were being pushed back a couple of blocks because the White House didn’t want them to film the protesters at Lafayette Park. They hadn’t only closed the park to the public, but the “journalists” were getting the same treatment.
And they couldn’t believe it.
Well, good. Maybe now they’ll wake up to just what kind of an abuser they’ve helped put in power.
I watched the video at Newsbusters — reporting Politico’s snark about “most transparent WH.” Last week, it was Dana Milbank complaining about the nuclear summit being closed to them.
Get used to it, guys.
bg commented:
++
flashback:
Goldman Sachs, Obama, Money
[Or even more bluntly: Goldman used AIG as a funnel.
That's a nice trick. It's like two guys rolling someone on the street when the first guy comes up on the right and throws a punch after which the guy on the left quietly lifts the mark's wallet. Of course you run the risk that the cops might see you. Then again, if you have the cops in your pocket...
OK, that is a simplification. It is not the
whole story. But it is a big part of the story.
But but... wasn't there an election between the
AIG bail-out and today? The world changed, didn't it?
Goldman Sachs employees gave just shy of a million dollars to the Obama campaign, ranking second in contributions. Citigroup and JPMorgan ranked sixth and seventh. Goldman Sachs gave Obama four times more than they gave McCain.
This is one big fat ugly chicken
that is coming home to roost.]
flashforward:
Timing of SEC’s Goldman Sachs Fraud Case Was No Coincidence
[I said to them, "I understand what you're saying, but this is all going to collapse at some point, it's unsustainable. You're talking about tax increases of the sort that are going to prevent economic growth. Look at Greece, look at a lot of these European Union nations. At some point it does come due. At some point the debt has to be paid down. At least you have to get started paying it down. If the attitude is it's so big everybody knows we'll never pay it down, that you'll never even start, then we've got even more problems than I thought we had." Then we got around to talking about Goldman Sachs. And, you know, it's amazing. These are very, very smart guys, brilliant, but they were hearing for the first time my theory that this whole thing was organized, with Goldman probably involved in it. I mean, here's Obama seeking another pillar in his agenda, financial regulatory reform, he's gotta demonize Wall Street. The Democrats are out saying, Van Hollen and the others are out saying that is their plan going into the November elections. They're going to demonize Wall Street again. They're gonna blame the Bush policies again for being responsible for where we are economically right now.
[..]
So we have the weekend. Goldman Sachs, rotten to the core, meaning Wall Street’s rotten to the core, meaning the regime has to come in here to save the day, protect us, the little guy, from these bandits on Wall Street, when in fact the government caused the problem in the first place. It was a government-caused problem. This happens frequently. Government goes in, causes the problem, and then sits back and says, “Whoa, look at how unfair and rotten the private sector is. Look at how bad capitalism is. Why, why, we have to go in there and fix this mess. You just can’t trust these people in Wall Street. You can’t trust these people in the private sector. I mean all this unfettered economic activity going on out there,” like Obama said. We are the most regulated economy for a supposed free society that I’ve ever seen.]
more @ links..
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gus commented:
Transparent?
Opies birth certicate?
His applications and college transcripts?
His wife losing her law license?
Rezko and the home deal?
Air Force 1 buzzing Manhattan.
Czars without Senate confirmation.
350 billion in tarp funds???
Ladue Pundit commented:
The media adds the perfect touch by informing us that Obama is saving us from Wall Street abuses.
I detest those bobbleheads a great deal more than Satan Sotero Odingo Obama. They make his job so easy.
jainphx commented:
Has anyone noticed that after the bailouts, all the smaller firms are gone and the 6 largest got larger, HHmmmm I wonder how that happened.
jainphx commented:
Jo—- Makes one wonder doesn’t it.
Peggy commented:
Are you folks aware of the extent to which Hank Paulson colluded with Obama during the 2008 campaign? Paulson called O 2x more than he called W, his boss. This further GS-O collusion should be no surprise.
Xenu's Paradox commented:
November cannot come soon enough. I pray to God we can get enough House seats to impeach this piece of crap.
Brendon Carr commented:
As for the $1 million in campaign donations that Goldman Sachs’ soon-to-be-jobless-or-enslaved employees made, I have one question: How’s that hopey-changey thing workin’ out for ya?
jainphx commented:
Paulson was the one that caused Bush to do the wrong thing, you know when that political genius McCain suspended his campaign and handed it to Obama.
kansas commented:
GOP demands full disclosure. Hahahahahhahah.
gus commented:
XENU! My fear is that we have reached the NUT-JOB-JILTED-LOVER-BOYFRIEND-HUSBAND point in our show.
The LIBTARD-LEFT knows that they are DONE, put a FORK-in-them. So as they commit suicide they take THEIR EX with them.
The Full Monty.
Lorenzo commented:
What’s more important? How and why the news was released or stopping the bankers from ripping everybody off. Any GOP legislators who are opposed to regulating the banking industry are either in the pay of the banks or just plain morons for failing to understand what’s at stake.
Mitch commented:
I hope the GOP has a case here.
It would be bad politics to make hay out of this if it doesn’t exist.
Especially considering the fact that Goldbama Sachs is a corrupt organization with ties to Obama, and Obama is now trying to reward them with a second bailout.
Peggy commented:
Lorenzo: The legislation that the Dems propose is very bad and full of bail-outs for banks. GS stands to gain by the legislation. They’re willing to look subdued in the meantime for Obama’s agenda. They gave him $1M after all…
gawntrail commented:
………and the full court press on Toyota?
mmm commented:
this is taking everyones eyes off the biggest
trouble maker Soros…..watch him like a hawk and follow the money
vargas commented:
There is NO COINCIDENCE with this regime.
bg commented:
++
re: bg #10
Goldman Sachs in bed with Obama Administration (video)
All the President’s Goldman Sachs Men
few more here..
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LimoLibsStink commented:
0bama:
I got the bad new last Friday April 16th. We are broke. So, I say we shake down Golden Sachs.
Sure I took $900,000 from Golden Sacks but, I need more money. I know that this stinks worse that Barney Frank fisting Kevin Jennings in a small smelly San Francisco bath house. But, money is green and crap is brown.
Yes, Barney Frank will be raising money on his “Kiddies for Quickies” campaign. But, that probably will not cover the 9 trillion dollars in debt I have rack up.
My limousine is running and I have a meeting with Golden Sacks. I think I can work something in… I mean out. Good day.
bg commented:
++
LimoLibsStink @ 3:51 am #28
re: [Barney Frank will be raising money on his “Kiddies for Quickies”]
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