Obama Asserts Executive Privilege Over Fast And Furious Fiasco - Off-Topic | futures io social day trading
futures io futures trading


Obama Asserts Executive Privilege Over Fast And Furious Fiasco
Updated: Views / Replies:501 / 4
Created: by Big Mike Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Obama Asserts Executive Privilege Over Fast And Furious Fiasco

  #1 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,354 given, 83,237 received

Obama Asserts Executive Privilege Over Fast And Furious Fiasco

Source: Obama Asserts Executive Privilege Over Fast And Furious Fiasco | ZeroHedge


Quoting 
If there was any confusion whether Obama is in fact Bush, or maybe even Nixon, this has now been squashed. From Fox:

President Obama has granted an 11th-hour request by Attorney General Eric Holder to exert executive privilege over Fast and Furious documents, a last-minute maneuver that appears unlikely to head off a contempt vote against Holder by Republicans in the House. The House Oversight and Government Reform Committee is expected to forge ahead with its meeting on the contempt resolution anyway.
Holder, whose guilt is implicitly proven by this action, is now likely absolved of everything as the TOTUS has effectively onboarded all of his "balance sheet risk." And why not. Everyone else does it.

As a reminder, from the WSJ:

A showdown Wednesday in the House between Attorney General Eric Holder and Rep. Darrell Issa comes down to this: Who will blink first in a dispute over Justice Department documents Mr. Issa is demanding related to the botched Fast and Furious gun-trafficking probe?

California Republican Mr. Issa is chairman of the House Oversight and Government Reform Committee, and he has called a 10 a.m. meeting of his panel to vote on a resolution to sanction Mr. Holder with contempt of Congress. The two men held a meeting Tuesday that lasted only 20 minutes. And from their accounts, it has become a game of chicken, with each side insisting the other act first to resolve the standoff.

Mr. Holder said Mr. Issa rejected his offer to provide documents because the lawmaker wouldn't agree that they would fulfill the subpoena, effectively ending the contempt threat. Mr. Issa said the attorney general didn't come prepared to provide documents and that the contempt threat can't be removed until the documents are produced.

At issue are Justice Department documents that Mr. Issa and Sen. Charles Grassley (R., Iowa) have sought and that the department resisted turning over in the congressional investigation into Fast and Furious. The department said the documents reflected internal deliberation or were related to continuing criminal investigations and therefore weren't subject to congressional subpoena.

If a majority of the committee votes for contempt Wednesday, the matter then could be taken up by the full House. If the House votes in favor, then a contempt citation could be referred to the U.S. attorney for the District of Columbia, an appointee of President Barack Obama who is in Mr. Holder's chain of command. And then things become legally more uncertain. It isn't clear if Congress can compel an executive-branch official to prosecute the attorney general. In the Bush administration, the House voted to hold White House officials in contempt in a similar documents dispute and the Bush-appointed attorney general ordered the U.S. attorney to disregard it. The matter was eventually settled with the production of documents before a civil-court battle ran its course.

The main issue in Fast and Furious remains the contention by Messrs. Issa and Grassley that the Justice Department is improperly withholding documents. The department has turned over thousands of documents—about 7,000 or 8,000, depending on which side is counting—and says it is being forthcoming. By comparison, the inspector general has had access to about 80,000 documents, including those the department has declined to share with lawmakers.

...

The matter has become a political fight, with little real impact on Mr. Holder, who is expected to serve out his tenure through the end of the current administration in January. Democrats accuse Republicans of using the contempt measure as a political tool against Mr. Holder and the president. Democrats did some of the same against President George W. Bush's attorney general, Alberto Gonzales, who resigned under pressure in a controversy over the firings of U.S. attorneys.

And now back to your regularly scheduled farce of a democratic republic.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
  #2 (permalink)
Market Wizard
Las Vegas, NV
 
Futures Experience: Advanced
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Favorite Futures: Futures
 
aligator's Avatar
 
Posts: 3,424 since Aug 2010
Thanks: 1,053 given, 5,822 received
Forum Reputation: Legendary



More like he is a closet republican.

Reply With Quote
 
  #3 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received



Big Mike View Post
Source: Obama Asserts Executive Privilege Over Fast And Furious Fiasco | ZeroHedge

If there was any confusion whether Obama is in fact Bush, or maybe even Nixon, this has now been squashed. From Fox:


As a reminder, from the WSJ:

Mike

You can always count on a Rupert Murdoch company for fair and balanced reporting....

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
 
  #4 (permalink)
Elite Member
las vegas
 
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 836 received

So then Obama knew all about it as well, right?

Reply With Quote
The following 2 users say Thank You to vegasfoster for this post:
 
  #5 (permalink)
Elite Member
San Marcos, CA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: 6E, ES
 
Posts: 55 since Nov 2010
Thanks: 125 given, 34 received


vegasfoster View Post
So then Obama knew all about it as well, right?

Not in regards to Fast and Furious but he was likely involved in the obfuscation after the details of the program became public. The administration really screwed up on this one. They should have said "F&F was a stupid idea", fired a bunch of incompetent people, cleaned house, and moved on as quickly as possible. Instead they gave the Republicans the opportunity to sit there and gnaw away on the AG's leg for the past year. Now the situation has turned into a Constitutional crisis.

Reply With Quote

Reply



futures io > > > Obama Asserts Executive Privilege Over Fast And Furious Fiasco

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
MF Global executive details scramble for funds kbit News and Current Events 0 March 27th, 2012 08:00 PM
Obama: Debt Ceiling Deal Must Be Bipartisan and Fast Quick Summary News and Current Events 1 July 29th, 2011 12:57 PM
Furious Greeks Pack Streets to Protest Austerity Proposals Quick Summary News and Current Events 0 June 5th, 2011 07:30 PM
Cisco CEO Chambers Asserts: 'We Have Lost Accountability' Quick Summary News and Current Events 0 April 5th, 2011 05:20 PM
BP Executive Prepares to Take Over Gulf Spill Response Quick Summary News and Current Events 0 June 23rd, 2010 03:50 AM


All times are GMT -4. The time now is 06:53 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-16 in 0.43 seconds with 19 queries on phoenix via your IP 54.145.16.43