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Obama Administration Facing Massive Federal Lawsuit
The Western Center for Journalism ^ | 11/7/2012 | Sean Franciso

Posted on 11/11/2012 1:31:17 PM PST by Victor

A lawsuit seeking the return of $43 trillion (with a “t”) and an audit of all the TARP programs by an independent receiver has been filed against senior members of the Obama Administration and the New York group known as the “Banksters”.

The Wall Street Journal’s MarketWatch is reporting that the Spire Law Group, LLP has moved its mass tort action into the federal court in Brooklyn, New York. In this District Court lawsuit (Case No. 12-cv-04269-JBW-RML), the Spire Law Group, LLP is acting on the behalf of homeowners across the country seeking to halt all foreclosures nationwide until the return of the $43 trillion.

The independent audit the lawsuit is seeking of the TARP Program stems from a report by the former Inspector General of the bailout program, Neil Barofsky, who is countering the claims made by President Obama both publicly and privately to Congress that the money has been paid back. Mr. Barofsky asserts that none of the money advanced by the Treasury has ever been paid back by the recipients of the program.

The Plaintiffs have established the location of the $43 trillion of laundered money in a criminal racketeering enterprise participated in by the following individuals:

Eric Holder Tony West

Kamala Harris Jon Corzine Robert Rubin Timothy Geitner Vikram Pandit Valerie Jarrett Anita Dunn Robert Baueras

The lawsuit alleges that the Obama Administration actively borrowed money from these “Banksters” to fund his political campaign in this 2012 Election and has not pursued any criminal charges against them.

The lawsuit also claims multiple violations of the United States Patriot Act, along with the Policy of Embargo Against Iran and Countries Hostile to the Foreign Policy of the United States, and the Racketeer Influenced and Corrupt Organizations Act (RICO) and other State and Federal laws by the Obama Administration.


TOPICS: Crime/Corruption; News/Current Events
KEYWORDS: fed; federallawsuit; rico; tarp; tarplawsuit; theft
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No comment until I see this on MSNBC.........../s
1 posted on 11/11/2012 1:31:23 PM PST by Victor
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To: Victor

How about they add a search of NY Fed gold bar vault to the suit as well?


2 posted on 11/11/2012 1:33:41 PM PST by gotribe
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To: Victor

At least nobody will be calling this a penny-ante lawsuit.


3 posted on 11/11/2012 1:33:55 PM PST by USFRIENDINVICTORIA
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To: Victor

This is HUGH !


4 posted on 11/11/2012 1:34:39 PM PST by traditional1 (Don't gotsta worry 'bout no mo'gage, don't gotsta worry 'bout no gas; Obama gonna take care o' me!)
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To: USFRIENDINVICTORIA

I didn’t know we had $43T, as a nation....where did all that money come from, and is there any left at all...??


5 posted on 11/11/2012 1:36:31 PM PST by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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To: Victor

Bump for later. Great catch.


6 posted on 11/11/2012 1:36:44 PM PST by Slyfox
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To: Victor

I’ll remain skeptical until I see if there is still an honest judge left.


7 posted on 11/11/2012 1:39:34 PM PST by The Sons of Liberty (Never Underestimate the Power of Evil or Evil Doers)
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To: Slyfox
"...Bump for later. Great catch....."

Source seems to be legit....if this is true, we need to make this go viral.

Anyone know how to get this to Drudge/Hannity/Rush etc....??

8 posted on 11/11/2012 1:40:22 PM PST by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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To: Victor

So this firm got its name in the Guinness Book of World Records.
Happy happy joy joy.


9 posted on 11/11/2012 1:40:48 PM PST by rfp1234 (Arguing with a liberal is like playing chess with a pigeon.)
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To: rfp1234

Which firm...?


10 posted on 11/11/2012 1:41:55 PM PST by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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To: Victor
I didn’t know we had $43T, as a nation....where did all that money come from, and is there any left at all...??

Stroke on a key board and wa la, you can make the balance sheet say anything you want!

Say, this would make a nice trigger for the inevitable collapse too, no?

Just thinking out loud..../tin foil

11 posted on 11/11/2012 1:44:25 PM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: Victor

We know how this ends, case dismissed due to plaintiffs lack of standing. Happens with every law suit against obama.


12 posted on 11/11/2012 1:47:12 PM PST by bonehead4freedom
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To: Victor

Google: “Case No. 12-cv-04269-JBW-RML”

It’s a virtual who’s who of conspiracy freaks and nutcases.


13 posted on 11/11/2012 1:47:32 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Jim Robinson

Thanks Jim, I will....


14 posted on 11/11/2012 1:50:40 PM PST by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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To: Jim Robinson

Are you saying this thing is bogus.....??


15 posted on 11/11/2012 1:53:19 PM PST by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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To: Victor

Well....


16 posted on 11/11/2012 1:56:51 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Victor

So what. We’ll just waste more taxpayer or Federal Digital Dollars on nothing. There is not a court in the land not owned by the Democratic Party. To think this case, or Benghazi, or any of the gun running stuff will ever harm the Dems is sheer folly. Nothing is going to change. No court cases, no elections, no useless complaining to our keyboards or writing letters to our so called “leaders” will do one bit of good.

The USA that we (elders) remember is simply finished and isn’t coming back. At least not for several generations. There is only one way out of our situation and we don’t have what it takes as a society to do it. All you can do is make you and your loved ones as comfortable as you possibly can and hope like hell you can stay below their radar.


17 posted on 11/11/2012 1:57:23 PM PST by Graneros (The most fundamental purpose of government is defense, not empire. – Joseph Sobran)
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To: Victor
So is this including the $16 trillion (also with a "T") the fed gave to many of the same banks.

GAO report on partial audit of the fed
18 posted on 11/11/2012 1:57:40 PM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Jim Robinson

Found this: http://beforeitsnews.com/politics/2012/10/cnbc-reports-43-trillion-bankster-lawsuit-cnbc-execs-children-murdered-next-day-2465630.html

I don’t know what to believe anymore.


19 posted on 11/11/2012 1:57:40 PM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: Victor

It’s all paper. Imaginary.


20 posted on 11/11/2012 2:02:16 PM PST by GeronL (http://asspos.blogspot.com)
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To: Las Vegas Ron; Victor

“The Wall Street Journal’s MarketWatch is reporting that the Spire Law Group, LLP has moved its mass tort action into the federal court in Brooklyn, New York. In this District Court lawsuit (Case No. 12-cv-04269-JBW-RML), the Spire Law Group, LLP is acting on the behalf of homeowners across the country seeking to halt all foreclosures nationwide until the return of the $43 trillion.”

Can it be verified if the WSJ’s MarketWatch has indeed reported on this lawsuit?

Not saying the lawsuit has merit or hasn’t merit....but looking to see if it’s gotten the WSJ attention.


21 posted on 11/11/2012 2:09:09 PM PST by WildHighlander57 ((WildHighlander57 returning after lurking since 2000))
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To: Las Vegas Ron

My very wise mother taught me not to believe half of what’s printed in newspapers or broadcast on TV/radio. And I’ve expanded that to not believe 90% of what’s posted to the internet. And to never believe any of what’s posted to whatreallyhappened.com, beforeitsnews.com, infowars.com and such other silly alarmist conspiracy sites.


22 posted on 11/11/2012 2:09:24 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Jim Robinson

I hear ya, problem is what people like Alex Jones, who comes off a a certifiable nut job, is saying is actually coming true. Some of it anyway.

We do live in “interesting times”


23 posted on 11/11/2012 2:16:44 PM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: Victor

If they win, will the judge award court costs as well? If yes, that would certainly put some series extra sting in it..


24 posted on 11/11/2012 2:17:05 PM PST by C210N ("ask not what the candidate can do for you, ask what you can do for the candidate" (Breitbart, 2012))
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To: WildHighlander57

I dunno, I guess time will tell on this one.


25 posted on 11/11/2012 2:18:28 PM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: Victor
Saw this posted Friday on the MarketWatch site. Honestly, don't think this is going anywhere.

Hope I'm wrong, but I'm guessing like everything else Obama-Scandal laden, will get glossed over by the liberal lamestream media and should it ever see the light of day, the person(s) who report on it will likely be destroyed.

26 posted on 11/11/2012 2:18:43 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: WildHighlander57

Googled it. It’s a press release by Spire Law Group, LLC:

http://www.marketwatch.com/story/major-banks-governmental-officials-and-their-comrade-capitalists-targets-of-spire-law-group-llps-racketeering-and-money-laundering-lawsuit-seeking-return-of-43-trillion-to-the-united-states-treasury-2012-10-25


27 posted on 11/11/2012 2:19:36 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: WildHighlander57
Can it be verified if the WSJ’s MarketWatch has indeed reported on this lawsuit?

I can factually tell you I saw it Friday and read the article. Did some preliminary research on the law-firm named in the article and didn't find much that would lead me to believe they're credible. I thought I bookmarked it but didn't, and since I flush my cache everytime my browser closes the link's gone.......

28 posted on 11/11/2012 2:21:12 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Jim Robinson

Yep, that’s the one I read on Friday. Drudge had a link to it (that’s how I found it.)


29 posted on 11/11/2012 2:22:30 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Victor

This could really stir up some stuff. Looking forward to hearing more.


30 posted on 11/11/2012 2:24:41 PM PST by matthew fuller (God cast his early vote 10/29 in Obamaland!)
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To: WildHighlander57

I clicked the link, and there was another link to click that takes you to Marketwatch. The article is there. It appears to be a press release from the law firm that has filed the suit.

Can’t really tell about the merits of the case, evidence they may have etc. from the article.


31 posted on 11/11/2012 2:26:45 PM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: usconservative

It’s a press release paid for by the firm filing the complaint.


32 posted on 11/11/2012 2:27:32 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: WildHighlander57

Here’s the link. If it doesn’t work, click on the source and go to the bottom of the article and click the link “to learn more ...”

http://www.marketwatch.com/story/major-banks-governmental-officials-and-their-comrade-capitalists-targets-of-spire-law-group-llps-racketeering-and-money-laundering-lawsuit-seeking-return-of-43-trillion-to-the-united-states-treasury-2012-10-25


33 posted on 11/11/2012 2:29:49 PM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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To: All

The SVP of CNBC learned about handling this news the hardest way of all.

His children were butchered after CNBC published the story.
http://rearnakedsmoke.info/2012/10/27/cnbc-removes-article-after-svp-and-general-manager-kevin-krims-children-killed-102712/

And now, FReepers on this thread laugh?


34 posted on 11/11/2012 2:32:26 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: Victor

Looks like this is all a scam by some half-ass lawyer that was disbarred for stealing from people in foreclusure. Google his name and you will see.


35 posted on 11/11/2012 2:33:30 PM PST by nonamer
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To: Jim Robinson
Ha, well it got me. I kept looking at the source link trying to decide if it was "news" or not and if it really was on the WSJ's Market Watch site. Looks like they fooled me with that press release! Just damn!

Thanks Jim.

36 posted on 11/11/2012 2:36:53 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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37 posted on 11/11/2012 2:47:05 PM PST by RedMDer (May we always be happy and may our enemies always know it. - Sarah Palin, 10-18-2010)
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To: Las Vegas Ron

Yeah, I know. Fire can’t melt steel, so it’s obvious that Bush wired up the trade Center and recruited some Saudi idiots to hijack airliners and crash them into buildings so he could go to war against Iraq. Also, there’s no hole left in the Pentagon big enough for an airliner and it’s wingspan to fit into, so it never happened. Had to have been Bush firing a missile into it. Bush also ordered the other airliner shot down in Pennsylvania. The whole damned affair was Bush’s doing. Just like he was controlling the weather and caused Katrina. Bush also controls all the world’s banks and personally caused the financial meltdown. Bush’s grandfather was a nazi. Bush himself was a Skull ‘n Bones guy and was into goat sacrifices and secret satanic rituals at some Russian boys club in California. And he was seen at a secret Buildabetterburger meeting in Europe. Paparatzi got the photos. It’s all over the Internet. Alex Jones ran it. And Wikidpedia backs it up, so it must be true.


38 posted on 11/11/2012 2:47:33 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: traditional1
remember the term “birthers”...this group will also be summarily named something and ridiculed as well and forgotten...nothing sticks to this POS and his band of gangsters!
39 posted on 11/11/2012 2:49:39 PM PST by ldish (Give me Freedom and Liberty or let's kick some a**!)
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To: Jim Robinson
Would add Obama administration to that. Used to trust what we were told.
Maybe foolishly.

It is still hard to realize we have a DOJ in Contempt of congress who still has his job , Jon Corine is above the law...new normal.

40 posted on 11/11/2012 3:11:34 PM PST by opentalk
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To: Victor
A lawsuit seeking the return of $43 trillion (with a “t”) and an audit of all the TARP programs by an independent receiver

The Treasury lent less than $300 billion to the banks thru TARP.

41 posted on 11/11/2012 3:16:48 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Jim Robinson

Yeah, like I said he is a nut job.


42 posted on 11/11/2012 3:16:49 PM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: Las Vegas Ron

He said years ago they are going to devalue and ruin the dollar.. thought it was crazy


43 posted on 11/11/2012 3:17:54 PM PST by opentalk
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To: Jim Robinson

You sound just like my SIL. Seriously, she believes all this. You forgot to put in there that Bush is the Anti-Christ, though.


44 posted on 11/11/2012 3:20:27 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto.)
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To: opentalk
He said years ago they are going to devalue and ruin the dollar.. thought it was crazy

And Glenn Beck is roundly ridiculed here too.

Yet no apologies when he has been proved correct.

I am no fan of Alex Jones but I have no doubt some of what he says is true, it's happening before our eyes, just like Beck.

45 posted on 11/11/2012 3:27:31 PM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: Jim Robinson
Yeah, I know. Fire can’t melt steel

Actually, that was Rosie O'Doughnuts who said that....

https://www.youtube.com/watch?v=wxoVzrAr98w

46 posted on 11/11/2012 3:32:11 PM PST by Las Vegas Ron (Medicine is the keystone in the arch of socialism)
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To: Las Vegas Ron
Like any other source of information.. research it on your own to verify. What is interesting ...some of the think tanks put out reports years ahead and they end up being policy.
47 posted on 11/11/2012 3:33:29 PM PST by opentalk
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To: Victor

There’s about $3.6 trillion in federal, state and local assets (tables L104 and L105 at http://www.federalreserve.gov/releases/z1/current/z1.pdf) but these are dwarfed by their respective liabilities.

As for the private sector, the U.S. National Debt Clock lists $87.4 trillion in assets, but these likewise are offset to some extent by debts. However, it’s obvious that the plaintiffs in this case are seeking to go after only federal assets, which amount to $1.378 T at the end of June 2012.

I’m no legal eagle but I don’t think suits of this sort are limited by known assets. That is, if I have a net worth of $500K, that wouldn’t stop a lawyer from suing me for $3 million if he could demonstrate I did that amount of damage to his client in a car wreck, for example. I may declare bankruptcy, which would inhibit collection of an award, but per se, the fact that I don’t have the means to pay the amount they are suing me for doesn’t stop the lawsuit from going forward etc.


48 posted on 11/11/2012 3:34:36 PM PST by DrC
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To: Las Vegas Ron

Yes, and all the conspiracy nutjobs like Jones and Rivera, et al, are into the libtard 911 truther bullshit.


49 posted on 11/11/2012 3:55:06 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Victor

............this will be fun to watch up until the first summary judgment hearing wherupon it will get thrown out on “standing”.................


50 posted on 11/11/2012 4:16:09 PM PST by Cen-Tejas (it's the debt bomb stupid!)
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