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President Obama was proud to talk of his relationship to the renegade SEIU union and it's leader Andy Stern during his campaign for president, with Stern claiming SEIU pumped over $60 million to ge him elected. Obama even named Stern to the National Debt Commission though he had no economic background or experience.
Once he was elected the SEIU had a free pass to the White House and Stern made more visits there the first year of Obama's presidency than anyone else in America. His union was hired by Obama, House Majority Leader Steny Hoyer and many other Democrats to provide security at the health care town halls, a move that got them accused of beating up a handicapped citizen attending a town hall in Ohio.
Perhaps in frustration with the president for the lack of progress on the SEIU radical leftist agenda, the union began picketing banks that benefitted from the bank bailout, and that is acceptable public protest. More recently they have begun picketing private homes of people associated with banks and this past week outside Washington 14 busloads of SEIU people descended upon the private property of a BOA executive, Gregory Baer in Maryland.
Baer just happens to live next door to Nina Easton, the Washington Bureau Chief of Fortune Magazine, who observed the mob scene from her front window across the street. This is what she reported.
“Last Sunday, on a peaceful, sun-crisp afternoon, our toddler finally napping upstairs, my front yard exploded with 500 screaming, placard-waving strangers on a mission to intimidate my neighbor, Greg Baer. Baer is deputy general counsel for corporate law at Bank of America (BAC, Fortune 500), a senior executive based in Washington, D.C. And that — in the minds of the organizers at the politically influential Service Employees International Union and a Chicago outfit called National Political Action — makes his family fair game.”
"Waving signs denouncing bank ‘greed,' hordes of invaders poured out of 14 school buses, up Baer's steps, and onto his front porch. As bullhorns rattled with stories of debtor calls and foreclosed homes, Baer's teenage son Jack-- alone in the house--locked himself in the bathroom. ‘When are they going to leave?' Jack pleaded when I called to check on him."
"Baer, on his way home from a Little League game, parked his car around the corner, called the police, and made a quick calculation to leave his younger son behind while he tried to rescue his increasingly distressed teen. He made his way through a din of barked demands and insults from the activists who proudly ‘outed' him, and slipped through his front door."
" ‘Excuse me,' Baer told his accusers, ‘I need to get into the house. I have a child who is alone in there and frightened.' "
The journalist called the protest "a mob."
Is this the legacy and are these the tactics Obama expected from his primary union backer? Why has the president and all Democrats, who were quick to condemn the Tea party protestors even though they were never involved in illegal activity nor the violation of privacy like the SEIU, not condemned this renegade union for unlawful tactics?
Why did the liberal media, who reports the most trivial of liberal trash about Sarah Palin and others on their hit list, not report the news about their own people ignoring the rights to privacy granted to all Americans? Today in America we have dual standards when it comes to reporting and when it comes to lawful behavior. Apparently the waiver from criminal indictment for unlawful acts from the Obama Administration is a $60 million campaign contribution.
And by the way, even though the SEIU claims they gave Obama over $60 million, they only reported $32 million on federal campaign reports. Why has the Obama gang not investigated the public boasting by Stern and the SEIU about the $60 million which would amount to about $30 million in illegal spending according to the federal laws you and I are required to follow?
Showing posts with label Bank of America. Show all posts
Showing posts with label Bank of America. Show all posts
Friday, May 21, 2010
Tuesday, August 04, 2009
Obama's Bad Boys and How to Punish Them in Style - Bank of America and North Korea
Okay, today's lesson is how to punish the bad guys and look good to the public while really not hurting the bad guys too much in the process.
Bank of America
First we have Bank of America, the giant bank that teetered on the brink of bankruptcy because of a series of stupid and possibly illegal actions. This was the bank Bush and Obama virtually forced to absorb the investment firm of Lehman during the financial meltdown. So in return for doing the government's dirty work with Lehman, the Bank of America gets a $25 billion bank bail out from the US taxpayer. It then says it must pay $5.8 billion in bonuses to the very employees that nearly bankrupted Lehman, bonus payments which the Obama administration allows to happen.
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To punish them, however, the Security and Exchange Commission under Obama charges the Bank with lying to their stockholders about the Lehman bonuses and negotiates a fine of $31 million for the action. So, the Bank violates the law and gets fined $31 million while also being given $25 billion in taxpayer money. In addition the $5.8 billion in bonuses get paid. So we the people nailed the bad guys for $31 million while letting them get away with $31.8 billion. It seems to me we just lost $31.49 billion with the Obama settlement.
Gored Again by Gore in North Korea
Speaking of good friends of the president, there is the case of former Vice President Al Gore who we have already shown made about $100 million off the environment while telling the US Senate every cent he gets from his environmental work goes to non-profit groups. He stands to make over a billion more if Congress would pass the Obama "Cap and trade" scam which was devised by Gore and his partner Goldman Sachs. Yes, the same silent partner serving Obama.
Now Gore has two of his staff captured by the North Koreans, staff who call themselves journalists, who supposedly "accidently" wandered into the most secure Communist country left on earth. They were sentenced to 12 years in prison, rather harsh except North Korea has made it a practice to bully the Obama boys ever since the president promised to sit down and talk with them. Until now Obama said he would only talk to them if Russia, China and Japan among others were involved.
Today the White House sent in former president Bill Clinton on a private jet to negotiate for their release. I don't suppose there is any connection between Bill and Hillary, his wife and the Secretary of State, who has been getting run over by Obama's legion of foreign policy advisors. And it is also probably just coincidence that the journalists are Al Gore employees, his former VP.
So the White House pulls an end run on our allies cutting China, Russia and Japan out of the negotiations with North Korea with this sham all for political expediency to make Barack and Hillary look like they are actually accomplishing something in foreign policy which they are not. Al Gore, who has already made tens of millions off the administration, gets his employees saved at taxpayer expense and it will not be cheap.
Congress should investigate the circumstances of this action and at a minimum demand Gore pay the cost. Why in the world were his employees wandering into North Korea in the first place? Does this incredible action of sending a former US president into a hostile country to save a couple of people who violated the law of Korea in the first place have anything to do with the fact Iran has now captured three more stupid Americans who supposedly wandered into Iran last week and now it looks like both the bad boys, Iran and North Korea, have the Obama administration right where they want them.
Look for us to pay millions if not billions to these former enemies to get them to sit down and talk about all the wonderful ways we can work with and help countries dedicated to destroying our government. If this is the future direction of the Obama foreign policy then I think we need to re-examine our role in the world. Policeman or patsy, which are we?
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