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Eric Holder Admits Some Banks Are Above the Law


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2013 Mar 6, 6:05am   3,840 views  5 comments

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http://www.huffingtonpost.com/2013/03/06/eric-holder-banks-too-big_n_2821741.html?source=Patrick.net\\&ref=topbar

The Hill reports. It could be a key moment in the debate over whether to do something about the size and complexity of our biggest banks, which have only gotten bigger and more systemically important since the financial crisis.

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1   Tenpoundbass   2013 Mar 6, 6:16am  

Eric Holder is above the law.

2   mell   2013 Mar 6, 7:44am  

CaptainShuddup says

Eric Holder is above the law.

Hehe. He can do or not do whatever he wants. Pretty awesome job with no accountability. Fast and furious for eva!

3   Patrick   2024 Nov 3, 6:01pm  

https://petermcculloughmd.substack.com/p/how-democrats-propelled-the-rise


People who strongly identify themselves as Democrats never stop to consider just how much their party elites have contributed to the rise of Donald Trump in American politics. The emotion they call hate is more accurately described as resentment—that is, the resentment of common people who perceive that they have long been abused by their society’s elites.

The spawning of Candidate Trump happened shortly before the 2008 presidential election, in the darkest days of the 2008 Financial Crisis, when Citibank executive Michael Froman wrote an e-mail to Barack Obama’s advisory team in which he proposed Obama’s entire cabinet.

When Wikileaks revealed this in 2016, it struck me as one of the most extraordinary acts of corruption in American history. Citibank, which had played a key role in the Mortgage-backed securities fraud that caused the Financial Crisis, would soon not only enjoy immunity from prosecution by Obama’s Attorney General Eric Holder, it would also be the largest beneficiary of U.S. Treasury and Federal Reserve largesse in in the Great Backdoor Bailout of Wall Street Fat Cats. This spectacular act of legalized corruption was noted by the former Federal Reserve official Andrew Huszar in his 2013 WSJ piece Confessions of a Quantitative Easer.

Innumerable commentators about financial crises in history have observed that if the financial class is never punished for its dangerous excesses, it will inevitably result in popular resentment and the perception that the political system is rigged for the benefit of the rich. This will in turn lead to the rise of a populist candidate who taps into popular resentment.
4   Patrick   2024 Nov 29, 11:07am  

https://jameshowardkunstler.substack.com/p/what-part-of-mandate-dont-you-understand


You understand, of course, that the federal bureaucracy is a perverse reincarnation of the old 19th century “Spoils System,” an entrenched, self-replicating matrix of parasites. Both parties have nourished it, but the Democrats have made it their extra-special pet since Mr. Obama was in charge of things. He and his AG Eric Holder arranged for the DOJ to target their political enemies and for the FBI to mutate into a US-KGB, and that behavior persisted for eight long years since Obama and Holder left the scene. The malice all flowed from those departments, since any opponent of the Party’s agenda could get lawfared, financially drained, and put out of business. The party’s sole agenda, really, was to just feed the bureaucratic parasite, and grow it ever-larger and more dependent on the party in order to increase its power.

There will necessarily be confusion over the clean-up of all that. Because of Mr. Trump being the primary target of DOJ / FBI enmity, blob publicists will try to color it as “personal retribution,” but it is really the proper response of an aggrieved nation. A large number of current and former officials deserve to face charges for what they did, serious crimes against their fellow citizens. They also deserve fair trials to determine their culpability. The catch is, these proceedings ought to take place outside the DC federal district court, which is itself parasitized and corrupted.
5   Ceffer   2024 Nov 29, 11:12am  

Patrick says


They also deserve fair trials to determine their culpability.

Military tribunals. The courts are too arbitrary, slow, expensive, infiltrated by Freemasons and fraught. After all, we are talking treason and misprision of treason.

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