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Showing posts with label Bill Clinton. Show all posts
Showing posts with label Bill Clinton. Show all posts

Thursday, January 22, 2009

Who Was the First 44th President of the United States?

Beyond the fact that it provided a small amount of humor in an otherwise boring inauguration (American Idol beat coverage of the inauguration), the "flub" by Chief Justice Roberts and President Elect Obama during the swearing-in ceremony may have had much deeper significance.

According to a comment posted by "Ted" on my Blog earlier this week, Joe Biden was actually the President for a short period of time, may still be President and this whole mess with whether or not Obama is actually even eligible to be President is going to end with Hillary Clinton as the next President.

The full text of Ted's post is as follows:

FIRST QUESTION: Who IS the actual and lawful 44th President of the USA?

ANSWER: Joe Biden.

Biden was initially the Acting President for at least 5 minutes under either the Constitution’s Article 2 or the Constitution’s 20th Amendment, from 12:00 Noon 1/20/09, having already taken his Oath of Office and before Obama completed his ‘oath’ at approximately 12:05 PM, 1/20/09. Under the 20th Amendment if the President-elect shall have failed to qualify, or alternatively under Article 2 if the President is unable to discharge the powers and duties, at the time fixed for the beginning of the term, being 12:00 Noon 1/20/09, which ability and/or qualification includes that he take the Article 2 oath “before he enter on the execution of his office,” then either the Presidency shall devolve on the Vice President under Article 2 or the Vice President shall act as President under the 20th Amendment. (The importance of the oath in ‘commencing’ an ‘Obama Presidency’ — rather than merely the 1/20/09 Noon time — is confirmed by the re-take of the ‘oath’ by Obama at the White House on 1/21/09 after the first ‘oath’ was NOT administered by Justice Roberts NOR recited by Obama in the words as required under Article 2.)This is significant because at such time that the Supreme Court finally rules on the merits on Obama’s disqualification as not being an Article 2 “natural born citizen” (clearly he is NOT), Biden’s automatic status (without needing to take a separate Presidential Oath) of being President would be predicated upon four different bases: First, having been Vice President under Article 2; second, having been Vice President-elect under the 20th Amendment; third, having been actual President in the hiatus before Obama took the ‘oath(s)’; and fourth, retroactively deemed President during the full period of the Obama usurpation so that the acts of the Federal Government under the usurpation can be deemed authorized and/or ratified by Biden’s legitimacy.

SECOND QUESTION: Who will be the 45th President?

ANSWER: Hillary Clinton.

One must assume that Bill and Hillary Clinton have been aware of all of the above. Biden’s wife recently “let the cat out of the bag” on the Oprah Show that both Biden and Hillary had considered alternatively Veep or Secretary of State, in either case, setting up Hillary to be President on a vote of the Democratic Congress if need be.

THIRD QUESTION: Is Obama an unwitting victim of this troika or a knowing participant?

ANSWER: Yet undetermined.

Tuesday, November 25, 2008

Struggling Banks Paid President Clinton $2.1 million

In a Tuesday, November 25, 2008 article on CNSNews.com by Matthew Hadro titled "Struggling Banks Paid President Clinton $2.1 million for Speeches", the relationship between the Washington power establishment and the financial industry is such that it is highly unlikely that we are ever going to see the type of oversight necessary to overt another melt down like we now have in 2008. There is just too much money to be made and doled out to the appropriate power brokers to ensure continued collaboration.

The full text of Mr. Hadro's article is as follows:

Four major banks, including one that collapsed, two that received federal bailout money and one that filed for bankruptcy this past September, paid former President Clinton $2.1 million for 13 speeches he delivered on their behalf between 2004-2007, according to Senate financial disclosure statements filed by Sen. Hillary Clinton (D-N.Y.).

Citigroup paid Bill Clinton $700,000; Goldman Sachs paid $950,000; Lehman Brothers paid $300,000 and Merrill Lynch paid $175,000 to the former president for speeches during that time period. Sen. Clinton’s 2008 financial disclosure reports are not yet available.

Though some of the investment banks were able to entertain the former president more than once, each was eventually affected by the credit crunch.

Lehman Brothers filed for Chapter 11 bankruptcy in September. The bank’s stock had been slipping as it looked for a buyer, while the federal government promised no aid. Merrill Lynch was purchased by Bank of America in mid-September for $50 billion. The bank’s share price and liquidity had been falling as it looked to sell, just days before the federal bailout of Wall Street.

The highly-regarded investment firm Goldman Sachs had reportedly possessed some of the largest private equity and hedge funds in the market.

But after its largest trading partner, AIG, received an $85 billion emergency government loan, Goldman Sachs shares fell. One week after Lehman Brothers filed for bankruptcy and Bank of America purchased Merrill Lynch, Goldman Sachs asked the Federal Reserve to modify its status to that of bank holding company – a move that brought tough regulations and close government supervision. In addition, Goldman Sachs became a recipient of $10 billion of the federal bailout money.

Citigroup recently received $25 billion of the federal bailout and is now expected to receive a $20 billion cash injection from the Treasury Department. In addition, the Treasury and the FDIC have promised to back most of the losses the bank might suffer, from its $306 billion pool of risky loans and mortgages. The bank’s shares dropped 60 percent last week.

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