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Obama: SEC did not discuss Goldman charges with White House beforehand Goldman Sachs Group, Inc.

By Frank Ahrens
The SEC "categorically" did not discuss its pending fraud charges against Wall Street megabank Goldman Sachs and one of its executives with the White House before they were announced, President Obama said in a CNBC interview moments ago.

Many Republicans and those on Wall Street found the timing of the charges -- announced during the middle of the trading day last Friday, just as tough financial regulatory reform backed by Democrats sits on Capitol Hill -- suspicious at best.

But Obama denied there was any collusion or cooperation between the administration and the SEC, which is meant to operate as an independent agency.

"They've never discussed with us anything with respect to the charges that will be brought," Obama said in an interview with CNBC's John Harwood.

Continue reading at The Ticker»

By Web Politics Editor  |  April 21, 2010; 3:33 PM ET
Categories:  44 The Obama Presidency , Economy  
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Comments

Goldman Sachs has been under Federal investigation since at least August 2009. Now I know it's a stretch for the Republican/conservatives (AKA self-labeled as "DITTOHEADS" and "TEABAGGERS") to have a grasp of the time/space continuum, but this is a time period BEFORE Obama took office.

The only thing that should be frustrating is that it took almost 1.75 years to get this far. However, for the Republicans, it obviously a conspiracy.

In the few comments on this article you get a chance to see two uniquely Republican/conservative approach facts.

1. D0ntTread0nMe provides an excellent example of the "Say something enough times, no matter how ridicules it is and it will become true." approach.

There are those who prefer gossip and propaganda to facts. The State of Hawaii has officially stated with the appropriate documents attached that Barack Obama was born in Hawaii. But what does Hawaii know?

2. Then there's ais000 and the "only trust an anonymous internet article or email. ais000 wants you to read a piece by that trusted writer Mr. Repub L. Ican other wise known as Anonymous.

ais000 comes by this approach of cross-eyed logic by listening to Sen. Grassley and Rep. Boehner, on their respective floors, state that anyone in the UK and Canada over 59 could not have surgery under their health care programs. Their source was an anonymous email to a conservative website.

They never checked to find out that their facts were entirely bogus.

Grassely did quietly apologize. I doubt Boehner would have the guts to acknowledge his "boehner."


Posted by: JedG | April 22, 2010 8:53 PM | Report abuse

Goldman Sachs has been at fault for a lot of things, but not this one:

http://reshapingmisconceptions.blogspot.com/2010/04/is-full-disclosure-solution.html

Posted by: ais000 | April 21, 2010 9:01 PM | Report abuse

The SEC invest of Goldman was initiated by the Bush administration years ago. Anyone thinking Obama unleashed the feds for political gain is an idiot.

http://www.political-buzz.com

Posted by: parkerfl1 | April 21, 2010 9:00 PM | Report abuse

OBAMA QUOTE:
“…my administration will make all information available to the American people so that they can make informed judgments and hold us accountable”

PLEASE ACCOUNT FOR YOUR BIRTH CERTIFICATE SIR. The time has come for the President to perform his duty to THIS country and show us his birth certificate. No certificate? Then all of these constitutional crimes go away; the czars, healthcare, all of it. There are too many questions, too many doubts and he has been dodging far too long. Where there is smoke there is fire. The more people that begin asking for the proof, the less he and the major broadcast networks will be able to ignore us as they have done with so many other issues. If there is the slightest doubt in your mind then you too need to be asking. We have let the seemingly small things go and look where that has taken us. I want to talk about it because they are in cover-up mode. It would be such an easy thing for any one of us to show our birth certificate. Why is it so difficult for him? Why does he treat this country as if he is ashamed of it? Why does he treat our allies as if they are enemies? Why does he encourage Congress to ignore the will of the people? Why did his wife refer to his home country as Kenya? Why will he not release his own school records? Why does he disgracefully bow to the leaders of other countries? Why does he admire dictators from other countries? THIS IS OBAMA’S WATERGATE. There is no need to impeach someone who is not qualified to be president. Everything he has signed, ordered, or acted upon is illegal. So I ask you Obama: WHERE IS YOUR BIRTH CERTIFICATE?

Posted by: D0ntTread0nMe | April 21, 2010 8:21 PM | Report abuse

OBAMA QUOTE:
“…my administration will make all information available to the American people so that they can make informed judgments and hold us accountable”

PLEASE ACCOUNT FOR YOUR BIRTH CERTIFICATE SIR. The time has come for the President to perform his duty to THIS country and show us his birth certificate. No certificate? Then all of these constitutional crimes go away; the czars, healthcare, all of it. There are too many questions, too many doubts and he has been dodging far too long. Where there is smoke there is fire. The more people that begin asking for the proof, the less he and the major broadcast networks will be able to ignore us as they have done with so many other issues. If there is the slightest doubt in your mind then you too need to be asking. We have let the seemingly small things go and look where that has taken us. I want to talk about it because they are in cover-up mode. It would be such an easy thing for any one of us to show our birth certificate. Why is it so difficult for him? Why does he treat this country as if he is ashamed of it? Why does he treat our allies as if they are enemies? Why does he encourage Congress to ignore the will of the people? Why did his wife refer to his home country as Kenya? Why will he not release his own school records? Why does he disgracefully bow to the leaders of other countries? Why does he admire dictators from other countries? THIS IS OBAMA’S WATERGATE. There is no need to impeach someone who is not qualified to be president. Everything he has signed, ordered, or acted upon is illegal. So I ask you Obama: WHERE IS YOUR BIRTH CERTIFICATE?

Posted by: D0ntTread0nMe | April 21, 2010 8:20 PM | Report abuse

OBAMA QUOTE:
“…my administration will make all information available to the American people so that they can make informed judgments and hold us accountable”

PLEASE ACCOUNT FOR YOUR BIRTH CERTIFICATE SIR. The time has come for the President to perform his duty to THIS country and show us his birth certificate. No certificate? Then all of these constitutional crimes go away; the czars, healthcare, all of it. There are too many questions, too many doubts and he has been dodging far too long. Where there is smoke there is fire. The more people that begin asking for the proof, the less he and the major broadcast networks will be able to ignore us as they have done with so many other issues. If there is the slightest doubt in your mind then you too need to be asking. We have let the seemingly small things go and look where that has taken us. I want to talk about it because they are in cover-up mode. It would be such an easy thing for any one of us to show our birth certificate. Why is it so difficult for him? Why does he treat this country as if he is ashamed of it? Why does he treat our allies as if they are enemies? Why does he encourage Congress to ignore the will of the people? Why did his wife refer to his home country as Kenya? Why will he not release his own school records? Why does he disgracefully bow to the leaders of other countries? Why does he admire dictators from other countries? THIS IS OBAMA’S WATERGATE. There is no need to impeach someone who is not qualified to be president. Everything he has signed, ordered, or acted upon is illegal. So I ask you Obama: WHERE IS YOUR BIRTH CERTIFICATE?

Posted by: D0ntTread0nMe | April 21, 2010 8:15 PM | Report abuse

Yes, Obama is upset that this Judge did not confer with him before countermanding the crimping the funding hose for ACORN:

US court gives government victory against ACORN

By LARRY NEUMEISTER
The Associated Press
Wednesday, April 21, 2010; 6:22 PM

NEW YORK -- A federal appeals court has handed the government a victory by temporarily blocking a judge's finding that Congress shouldn't have halted federal funding to the activist group ACORN.

The 2nd U.S. Circuit Court of Appeals in Manhattan issued the order Wednesday, a day after the government lawyer argued the stay of the ruling was necessary.

The government had argued that it was necessary to block the ruling to ensure that federal agencies were not required to commit funds that have not been appropriated by Congress.

A lawyer for ACORN says it may appeal the decision to the Supreme Court because the cutoff of funds is crippling ACORN
and jeopardizing housing for poor people.

A lawyer for the government declined to comment.

Posted by: prossers7 | April 21, 2010 7:20 PM | Report abuse

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