— Ian56 (@Ian56789) December 2, 2017
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— Ian56 (@Ian56789) December 2, 2017
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In a letter sent by Hillary Clinton’s campaign on Sunday night, former Attorney General Eric Holder as well as dozens of former DOJ officials slammed FBI director James Comey’s decision to reopen the FBI prove into Hillary Clinton just days ahead of the election. Comey wrote a letter to members of Congress announcing the decision, prompting criticism from Democrats and former high-ranking Justice officials, now including ex-Attorney General Eric Holder, suggesting a major ideological and political schism has formed between the DOJ – which as the WSJ reported last night stifled a similar probe into the Clinton Foundation – and the FBI.
Joining a similar letter penned by Harry Reid on Sunday, the letter said that “Justice Department officials are instructed to refrain from commenting publicly on the existence, let alone the substance, of pending investigative matters, except in exceptional circumstances and with explicit approval from the Department of Justice officials responsible for ultimate supervision of the matter.”
Like so many other cases of egregious financial fraud over the past several years, regulators used softball tactics to go easy on the banks. No bank was even forced to admit wrongdoing in the orders by the US Commodity Futures Trading Commission and the Office of the Comptroller of the Currency. Regulators avoided court and settled for cash, which the traders won’t pay – the bank’s shareholders will. Officials presented a minimal amount of evidence, lacking the full details of the traders’ misconduct. They sought no judicial review.
In short, banks got away with their crimes for a pittance; their stocks even rose on the news of the settlements because the market believes the trouble is over.
We live in a time when the rule of law has been suspended for the ruling class and banking class. When the Attorney General of the United States, Eric Holder, made the following statement he turned the “too big to fail” banks into “too big to jail”. Criminal in every way imaginable.
“I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy,” Holder said, according to The Hill. “And I think that is a function of the fact that some of these institutions have become too large.”
We should start with arresting Eric Holder for even suggesting such nonsense. When does capitalism become fascism? When the Attorney General makes statements like the one above.
H/T reader M.G.:
Eric Holder gets greedy gut job after failing to prosecute ONE greedy gut who caused the crash of 2008……..
What will it take to wake Americans up?
This is appalling.”
More from the “JUST US” department …
– Cronyism Pays – Eric “Too Big to Jail” Holder Triumphantly Returns to His Prior Corporate Law Firm Job (Liberty Blitzkrieg, July 6, 2015):
Trying to determine Barack Obama’s most corrupt, crony appointee presents a virtually impossible task. Every single person he’s appointed to a position of power over the course of his unfathomably shady, violent and unconstitutional presidency, has been little more than a gatekeeper for powerful vested interests. Obama’s job was to talk like a marxist, but act like a robber baron. In this regard, his reign has been an unprecedented success.
All that said, if anyone is a top contender for the worst of the worst of the Obama Administration, it’s Eric Holder. As head of the Department of Justice, he was the one man who could’ve played an enormously positive role in American society, by punishing those responsible for creating the financial crisis that destroyed tens of millions of lives globally. Instead, he chose to actively protect the financial oligarchs and ushered in a tragic new era for these United States. One in which the world suddenly realized that the U.S. is little more than a glorified oligarchy. Essentially an aggressive Banana Republic armed with nuclear weapons and the swagger of a third world dictator.
Holder’s list of failures and evidence shameless cronyism are virtually endless. I’ve covered many of them on this site. Here are just a few:
– Eric Holder Orders End to DOJ Program that Shares Seized Assets with Police (Reason, Jan 16, 2015):
UPDATED: Read Holder’s memo here. The order also excludes joint task forces, which limits some of the potential impact.
Big, huge news on the civil asset forfeiture front: Eric Holder is ordering an end to most of the Department of Justice’s Equitable Sharing Program. This is the program where the DOJ works with local law enforcement agencies for busts, and then the law enforcement agencies are permitted to keep 80 percent of the assets seized. It has been an incubator of the worst police abuses, as some agencies looked for any possible reason to take people’s property without ever actually accusing them with a crime.
The Washington Post has the scoop:
– Holder tells Fast and Furious critics to kiss his butt in released emails (Washington Post, Nov 8, 2014):
WASHINGTON — Newly released emails show Attorney General Eric Holder said that Justice Department prosecutors who were critical of the department’s handling of the fallout of the Fast and Furious gun-walking scandal could “kiss my a**.”
Operation Fast and Furious was a botched effort by the Bureau of Alcohol, Tobacco, Firearms and Explosives to track firearms across the Southwest border. Revelations about it created a political firestorm, leading to congressional investigations and turnover within the ATF and Justice Department.
From the article:
“Back in 2006, as a deal manager at the gigantic bank, Fleischmann first witnessed, then tried to stop, what she describes as “massive criminal securities fraud” in the bank’s mortgage operations.
And now, with Holder about to leave office and his Justice Department reportedly wrapping up its final settlements, the state is effectively putting the finishing touches on what will amount to a sweeping, industrywide effort to bury the facts of a whole generation of Wall Street corruption. “I could be sued into bankruptcy,” she says. “I could lose my license to practice law. I could lose everything. But if we don’t start speaking up, then this really is all we’re going to get: the biggest financial cover-up in history.”
They’re gonna destroy her for that … sooner or later. The elitists are ‘patient’.
– The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare (Rolling Stone, Nov 6, 2014):
By Matt Taibbi
She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn’t take it anymore.
“It was like watching an old lady get mugged on the street,” she says. “I thought, ‘I can’t sit by any longer.'”
Fleischmann is a tall, thin, quick-witted securities lawyer in her late thirties, with long blond hair, pale-blue eyes and an infectious sense of humor that has survived some very tough times. She’s had to struggle to find work despite some striking skills and qualifications, a common symptom of a not-so-common condition called being a whistle-blower.
Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing.
– Eric Holder Is Resigning (ZeroHedge, Sep 25, 2014):
And now, for the best news of the day, we go to NPR which reports that Eric “Too Big To Prosecute” Holder is resigning. From NPR:
Eric Holder Jr., the nation’s first black U.S. attorney general, is preparing to announce his resignation Thursday after a tumultuous tenure marked by civil rights advances, national security threats, reforms to the criminal justice system and five and a half years of fights with Republicans in Congress.
H/t reader M.G.:
“Scumbag Eric Holder stepping down.”
– Attorney General Eric Holder resignation announcement expected (CNBC, Sep 25, 2014):
President Barack Obama is expected to announce the resignation of Attorney General Eric Holder at 4:30 p.m. ET Thursday, the White House said.
Holder will leave the Justice Department after nearly six years of leadership, and he has agreed to remain in his post until the confirmation of his successor, said NBC News, which earlier reported the story.
Obama won’t name a successor to Holder during the official announcement, according to a White House official.