How Goldman Sachs Has Bought Off the Obama Presidency

NOVANEWS

Zionist predator bank Goldman Sachs has effectively bought off the Obama presidency through multi-million dollar donations and in this manner has avoided criminal prosecution for its financial crimes, a leading economics professor has said.
Writing in the Daily Beast news source, Peter Schweizer, president of the Government Accountability Institute and the William J. Casey Fellow at the Hoover Institution at Stanford University, said that the “Justice Department’s decision not to prosecute Goldman Sachs in a financial-fraud probe is another sign of the cronyism that has kept Attorney General Eric Holder from taking action against other big Wall Street firms.”
Schweizer said that “despite the Obama administration’s promises to clean up Wall Street in the wake of America’s worst financial crisis, there has not been a single criminal charge filed by the federal government against any top executive of the elite financial institutions. Why is that? In a word: cronyism.
Take Goldman Sachs, for example. Thursday’s announcement that there will be no prosecutions should hardly come as a surprise.
In 2008, Goldman Sachs employees were among Barack Obama’s top campaign contributors, giving a combined $1,013,091.
Attorney General Eric Holder’s former law firm, Covington & Burling, also counts Goldman Sachs as one of its clients.
Furthermore, in April 2011, when the Senate Permanent Subcommittee on Investigations issued a scathing report detailing Goldman’s suspicious Abacus deal, several Goldman executives and their families began flooding Obama campaign coffers with donations, some giving the maximum $35,800.
That’s not to say Holder’s Justice Department hasn’t gone after any financial fraudsters. But the individuals the DOJ’s “Financial Fraud Enforcement Task Force” has placed in its prosecutorial crosshairs seem shockingly small compared with the Wall Street titans the Obama administration promised to bring to justice.
But locking up “pygmies” is hardly the kind of financial-fraud crackdown Americans expected in the wake of the largest financial crisis in U.S. history. Increasingly, there appear to be two sets of rules: one for the average citizen, and another for the connected cronies who rule the inside game.”

Leave a Reply

Your email address will not be published.