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Showing posts with label US law. Show all posts
Showing posts with label US law. Show all posts

Thursday, April 23, 2009

Rule of Law Vetoed by President Obama


There are no headlines or pontificating pundits, but the real news that has become crystal clear to any but the most delusional and distracted Americans is that President Obama has no commitment to applying the rule of law where it counts. Certainly, not applying it to the large number of rich and powerful people that have violated our Constitution and plunged the nation into economic disaster.
Again and again we hear the flimsy argument from Obama and his top advisors that he wants to look forward and not backward. This is tortured logic when it comes to delivering justice in a nation supposedly cherishing the rule of law.

Tuesday, April 07, 2009

Bush and Obama Administrations Broke the Law By Refusing to Close Insolvent Banks


Geithner's statements that he didn't have the power to close down the big banks is false. Moreover, Geithner and Paulson actually broke the law which requires the government to close down insolvent banks, no matter how big.

The Prompt Corrective Action Law (PCA) - 12 U.S.C. § 1831o - not only authorizes the government to seize insolvent banks, it mandates it.

Friday, January 09, 2009

Yes, It Really Is Against US Law To Boycott Israel

The Bureau is charged with administering and enforcing the Antiboycott Laws under the Export Administration Act. Those laws discourage, and in some circumstances, prohibit U.S. companies from furthering or supporting the boycott of Israel sponsored by the Arab League, and certain Moslem countries, including complying with certain requests for information designed to verify compliance with the boycott. Compliance with such requests may be prohibited by the Export Administration Regulations (EAR) and may be reportable to the Bureau.

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