Friday, February 11, 2011

11-02-11 US Congress Fails to Perform its Oversight Duties and Impeach Bernanke // Congreso de EE.UU. no cumple con sus deberes de supervisión y Bernanke Acuse // 美国国会不依法履行监督职责以及弹劾伯南克


 

Reliable evidence was provided in 2009 by then State of New York Attorney General of criminal conduct by Bernanke.  The US Congress fails to take action, continues to treat Bernanke business as usual...
Los Angeles, February 11
 -  in April 2009, the then State of New York Attorney General Andrew Cuomo sent an open letter to the US Congress. The letter detailed the outcome of his investigation into the Merrill-Lynch - Bank of America merger of December 2008, and included exhibits as evidence. [[i]]

Independent analysts compared the findings to the Watergate scandal, and called for criminal indictments of Bernanke (Chair of the Federal Reserve), Paulson (former US Treasury Secretary), and Lewis (former BofA President). [[ii]] 

The ouster of Mayopoulos (then BofA General Counsel) in the mist of the merger negotiations remained unsolved in the Cuomo investigation.  However, additional evidence was later provided to both the US Congress and US banking regulators.  Such evidence shows that the replacement of Mayopoulos by Moynihan (today BofA President), who had no significant experience in the practice of the law, was tightly correlated with resumption of conduct by BofA, which was alleged as racketeering. [[iii],[iv],[v] ]

This week, Bernanke again appeared before the US Congress, and the US Congress again treated his appearance business as usual.

The US Congress is failing to perform its oversight duties and impeach Bernanke. [[vi]]

LINKS
[i] 09-04-23 State of New York Attorney General Andrew Cuomo Letter to US Congress and analysts' responses:
http://www.scribd.com/doc/41079990/
[ii] 09-04-23 State of New York Attorney General Andrew Cuomo Letter to US Congress and analysts' responses:
http://www.scribd.com/doc/41079990/
[iii] 10-05-05 Countrywide Bank of America NYSE BAC and its President Brian Moynihan Compilation of Records Evidence of Racketeering
http://www.scribd.com/doc/30975368/
[iv] 10-05-05 Chairs of US Congress Committees of the Judiciary and Banking Are Requested to Join Senator Feinstein's Inquiries on Comptroller of the Currency
http://www.scribd.com/doc/30979882/
[v] 10-07-06 Complaint Filed with US Attorney Office Los Angeles Against Moynihan Bank of America [NYSE:BAC] Bryan Cave LLP Alleging Racketeering
http://www.scribd.com/doc/33971099/
[vi] 11-02-09 In Congress, Bernanke Faces Questions About Inflation - NTY
http://www.nytimes.com/2011/02/10/business/economy/10fed.html?_r=2

11-02-11 Conduct of Justices of the US Supreme Court //Conducta de los jueces de los EE.UU. Corte Suprema de Justicia // 对法官行为的美国最高法院


By Ian Millhiser at 11:00 am

Reagan DOJ Official Slams Scalia’s Tea Party Gathering

Bruce Fein, Ronald Reagan’s former Associate Deputy Attorney General, published a letter in today’s New York Times castigating Justice Antonin Scalia for speaking to a backroom meeting organized by the House Tea Party Caucus:
Justice Antonin Scalia galloped beyond the farthest boundaries of judicial propriety in secretly meeting on Capitol Hill to discuss the Constitution with Tea Party members of Congress saddled with a co-equal duty to assess the constitutionality of legislative action. If there are better ways to destroy public confidence in judicial impartiality, they do not readily come to mind. … Associate Justice Abe Fortas was forced to resign for, among other things, secretly advising President Lyndon B. Johnson on race, urban unrest and the Vietnam War.
Sadly, Scalia’s schmoozing with Tea Partiers is only one of many recent instances which call into question the impartiality of the federal bench. Scalia and his colleague Clarence Thomas both attended Koch-hosted fundraising sessions devoted to building and funding a corporate political movement. Likewise, Justice Alito is a profligate fundraiser for right-wing political causes. Justice Thomas’ wife may have found a way to get rich off of her husband’s judicial decisions. Three federal appellate judges sit on the board of an infamous “junkets for judges” organization that offers expense-paid trips to western resorts for judges who agree to attend a seminar on how to rule in favor of corporations. In the Fifth Circuit, which will hear appeals arising out of the BP oil disaster, ten of the court’s sixteen judges hold oil investments. The court’s chief judge, Edith Jones, holds as much as $330,000 in oil investments and frequently attends pro-corporate junkets. All of this raises serious questions about whether ordinary Americans can expect impartial justice, or whether justice is only available to those who can afford it.
http://thinkprogress.org/2011/02/11/fein-scalia/