Monthly Archives: February 2012

March 1, 2012, Sheriff Joe Arpaio news conference, GA obama ballot challenge appeal, Natural Born Citizen ruling, Frawley sentencing, FDIC Mutual Bank lawsuit, Blagojevich appeal

March 1, 2012, Sheriff Joe Arpaio news conference, GA obama ballot challenge appeal, Natural Born Citizen ruling, Frawley sentencing, FDIC Mutual Bank lawsuit, Blagojevich appeal

“Why has Obama, since taking the White House, used Justice Department Attorneys, at taxpayer expense,  to avoid presenting a legitimate birth certificate and college records?”…Citizen Wells

“Why is Obama now employing private attorneys to keep his name on state ballots, despite compelling evidence that he is not a natural born citizen?…Citizen Wells

“It is emphatically the province and duty of the judicial department to say what the law is. Those who apply the rule to particular cases, must of necessity
expound and interpret that rule. If two laws conflict with each other, the courts must decide on the operation of each.”…Marbury vs Madison

Tomorrow, March 1, 2012, Sheriff Joe Arpaio will reveal his findings about Obama’s records in a news conference.

From WND, World News Daily, Februar 29, 2012.

“MEDIA FINALLY PAYING ATTENTION TO ELIGIBILITY?
See which major networks plan on covering Cold Case Posse results”

“Poll after poll in recent months has revealed that Americans have a high level of concern over Barack Obama’s eligibility to be president, with one poll revealing fully half of the nation wants Congress to investigate the question.

But mostly reporters for the traditional media – networks, major newspapers, major news corporations and conglomerates – have giggled when talk turns to the serious question of just what – exactly – does the U.S. Constitution require of presidents.

But that’s changing, as media organizations from all political persuasions seek admittance to a news conference to be held by Sheriff Joe Arpaio of Maricopa County, Ariz.

The event is tomorrow at 1 p.m. Mountain Standard Time in Phoenix, 3 p.m. Eastern, and will be live-streamed by WND.

The topic of discussion will be an investigation by Arpaio’s Cold Case Posse into concerns about Obama’s eligibility, the first time an official law enforcement report has addressed many of the allegations about the presumptive 2012 Democratic nominee for president.

Those issues include his eligibility under the U.S. Constitution’s requirements, questions about his use of a Connecticut Social Security number, the image of his purported birth certificate from Hawaii and others.

In addition to the live-streaming, WND will make available to the public, the same day by email, the official report distributed to media by Arpaio’s investigators. Those interested in receiving the report can sign up for the free service.

Top national media organizations have indicated their plans to attend and bookings for radio and television reports are in the works. Expected are reporters from AP, Reuters, Univision, the Washington Times and NBC, CBS and ABC affiliates, as well statewide radio networks, among many others.

Because of the circumstances, the decision was made to hold the press conference at the sheriff’s training center, which is on the outskirts of Phoenix, rather than at a downtown office, according to reports.

It even has drawn the promise of protesters who object to the sheriff’s office review of allegations that Obama may be using – or attempt to use – a fraudulent document to have his name placed on the 2012 presidential election ballot in Arizona.

Without releasing any details, Arpaio has said the results “could be a shock.”

He constituted a special five-member law enforcement posse last year to investigate allegations brought by members of the Surprise, Ariz., Tea Party that the Obama birth certificate released to the public by the White House on April 27 might be a forgery.

The posse is made up of three former law enforcement officers and two retired attorneys with law enforcement experience. Members have been examining evidence since September concerning Obama’s eligibility to be president under Article 2, Section 1 of the Constitution, which requires a president to be a natural-born citizen.

Among other issues, there also have been allegations of Obama’s use of a Social Security number that corresponds to a Connecticut address, even though the president apparently had no links there.

WND earlier reported a private investigation found that the Social Security number being used by Obama does not pass a check with E-Verify, the electronic system the U.S. Citizenship and Immigration Services of the U.S. Department of Homeland Security has created to verify whether or not someone is authorized to work legally in the country.

Arpaio’s investigation is the first official law enforcement look at the allegations surrounding Obama’s eligibility. Many of the private investigators who have examined it contend there are too many questionable circumstances to believe that everything regarding Obama is above-board.

Arpaio previously told WND that when he launched his Cold Case Posse it was with the possibility that he would clear Obama.

But he said it wasn’t an issue he could ignore, after 250 members of the tea party organization “came to me and asked their sheriff to investigate Obama and the birth certificate.””

Read more:

http://www.wnd.com/2012/02/media-finally-paying-attention-to-eligibility/

Regardless of what sheriff Arpaio reveals, Obama is ineligible to be on the ballot because of his Natural Born Citizen deficiency.

Obama’s attorney Michael Jablonski has filed a motion to dismiss the appeal of Judge Malihi’s ruling in the GA Obama ballot challenge.

From Birther Report February 27, 2012.

“Obama’s Georgia Attorney Files Motion to Dismiss: Obama Being Harassed;
Ignores Natural Born Citizen Requirement”

http://obamareleaseyourrecords.blogspot.com/2012/02/obamas-attorney-files-motion-to-dismiss.html

There are Obama ballot challenges in quite a few states and the PA challenges are now proceeding with the help of attorney Mario Apuzzo.

From CDR Charles Kerchner.

“Atty Mario Apuzzo of Jamesburg NJ has filed documents to the Commonwealth Court of PA to join the Kerchner/Laudenslager v Obama PA Ballot Access Challenge Team as Co-Counsel along with Atty Karen L. Kiefer of Scottdale PA.

See this prior interview for some background and information about Atty Mario Apuzzo:
http://puzo1.blogspot.com/2010/06/post-emails-exclusive-interview-with.html

You can read Atty Apuzzo’s legal and scholarly writings on Article II Section 1, the presidential eligibility clause at these links: “

http://puzo1.blogspot.com  and http://www.scribd.com/puzo1/collections

WE NEED YOUR HELP:  If you can, please help the PA legal action to expose the usurper resident in our Oval Office.  Support the PA Ballot Challenge/Objection against Obama filed in PA. Please contribute:
https://secure.piryx.com/donate/Owri7yAp/Article-II-Legal-Defense-Fund/PA

CDR Charles Kerchner (Ret)
Lehigh Valley PA USA
http://www.protectourliberty.org/
http://www.scribd.com/protectourliberty/collections/
http://cdrkerchner.wordpress.com/

Daniel Frawley, Tony Rezko’s old partner, is still awaiting sentencing.

From Illinois Pay to Play February 27, 2012.

“Daniel T. Frawley, a former business partner of Antoin “Tony” Rezko, claims he gave Rezko $400,000 that Rezko gave to then U.S. Senator Barack Obama.

This claim comes through Frawley’s emails to, and conversations with, Robert “Bob” Cooley, former Chicago mob lawyer turned government informer and author of the book on Chicago corruption entitled “When Corruption Was King”.

Cooley was the star witness in a series of trials in the early 1990’s as part of an F.B.I. investigation named Operation Gambat. Those trials led to the convictions of over a score of Chicago crooks, including First Ward Alderman Fred Roti, a made-man; the Chief Judge of Cook County’s Chancery Court; the Assistant Majority Leader of the Illinois State Senate; and the only Federal Judge in U.S. history convicted of fixing a murder trial.

About April 2011, Frawley, along with Daniel Mahru, a former business associate of Rezko dating back to 1989, and a former business partner of current White House Advisor Valerie Jarrett, began conversations with Cooley concerning collaboration on a book about Chicago corruption.

Frawley’s claim that the money he gave Rezko went to Obama is alluded to in a December 1, 2010 deposition executed in the context of a legal malpractice complaint filed by Frawley, on July 9, 2010, against his former attorney and long-time friend, George Weaver.”

http://illinoispaytoplay.com/2012/02/27/former-rezko-partner-says-he-gave-tony-400k-for-obama/

You remember Mutual Bank? You know, the bank that loaned Rita Rezko the money to buy the lot she sold part of to the Obama’s. You know, the bank that fired whistleblower Kenneth J. Connor for questioning the appraisal of the lot.

The FDIC lawsuit against Mutual Bank is still active.

U.S. District Court for the Northern District of Illinois
 
FDIC as Receiver for Mutual Bank v. Mahajan, Case No: 1:11-cv-07590
 
 
Oh, and don’t forget the Blagojevich appeal. Blago is looking at a long prison sentence. He has thrown Obama under the bus before. Perhaps he is a bit more flexible today.
 
And, a ruling on the definition of Natural Born Citizen by the US Supreme Court. We have our best chance by far of putting this before them. Obama has pissed off a number of the justices. Keep your fingers crossed. And of course, pray.
 
 
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Michigan primary results, February 29, 2012, Romney wins, Santorum second, Paul third, Gengrich fourth, Mitt Romney winner

Michigan primary results, February 29, 2012, Romney wins, Santorum second, Paul third, Gengrich fourth, Mitt Romney winner

From Flint News February 29, 2012.

“Just 302 votes kept Republican presidential hopeful Mitt Romney from winning Genesee County in Tuesday’s Michigan primary contest, an area that history shows will be all but impossible for him to win in a general election should he become the GOP nominee.

Romney won his home state Tuesday while losing the heavily Democratic Genesee County to Rick Santorum. Santorum got 12,833 votes here, or 39 percent, to Romney’s 12,581 votes, or 38 percent, according to preliminary results.

Romney’s loss here comes despite his winning other industrial, blue-collar counties like Wayne, Saginaw and Bay.

Romney’s Michigan primary win, even if by only a few percentage points, “really gives him some renewed hope for Super Tuesday,” said Bill Ballenger, editor of the Inside Michigan Politics newsletter.

“You can sit around and scoff at the idea that he didn’t run up a huge margin. … Based on everything he went through. … I think it was huge,” Ballenger said.

Losing his home state would have been a huge blow to Romney’s campaign and secured Santorum’s place as a serious threat heading into super Tuesday March 6, when 10 states vote and 419 delegates are up for grabs.

Ballenger, a Flint native, said he isn’t surprised Santorum did well in Genesee County. Many outside the county misunderstand the area, he said.

“They look at Michigan and they look at these industrial areas, heavily Democratic areas, and they figure, well, that means the Republicans in that area are probably more moderate. … That’s not necessarily true,” Ballenger said.

Many wondered how Romney’s vocal opposition to the auto industry bailouts would resonate with voters in counties with ties to domestic auto companies.

Likely the bailout talk didn’t have a huge effect Tuesday, because all the Republican candidates opposed the bailouts, Ballenger said.

“If you’re an auto worker in the auto industry and you’re mad at someone who didn’t support the bailouts, how does Rick Santorum make you feel any better? I don’t think he does,” Ballenger said.

The bailouts, and their success, will likely be more trouble for the Republican nominee in the general election.
Clayton Township resident Clint Jahr voted for Santorum.

“I think he’s a good man, a godly man, a trustworthy man,” 68-year-old Jahr said.

Jarh went to see Santorum speak Sunday at a rally in Davison.

“I feel like he speaks what he believes, he stays with what he says,” Jahr said.

Romney won the state and Genesee County in 2008’s GOP primary, with 34 percent of the county’s voters, followed by John McCain, with 27 percent.

Hillary Clinton handily won Genesee County in her party’s 2008 primary with 56 percent of the vote. Then-Sen. Barack Obama and former Sen. John Edwards withdrew their names from Michigan’s 2008 primary race because the state broke party rules by scheduling its primary too early.

In the 2008 presidential election, Genesee County went for Barack Obama with 65 percent of the vote and 64 percent voter turnout.”

Read more:

http://www.mlive.com/news/flint/index.ssf/2012/02/michigan_primary_results_in_mi.html

From AP:

Results for Michigan Republican Primary (U.S. Presidential Primary)
Feb 28, 2012 (>99% of precincts reporting)
Mitt Romney 410,517 41.1%
Rick Santorum 378,124 37.9%
Ron Paul 115,956 11.6%
Newt Gingrich 65,093 6.5%
Other 29,152 2.9%

Washington Post attacks Santorum on Dutch euthanasia statement, Post bias trumps facts, Santorum point valid, Citizen Wells awards 4 Orwells

Washington Post attacks Santorum on Dutch euthanasia statement, Post bias trumps facts, Santorum point valid, Citizen Wells awards 4 Orwells

“As soon as all the corrections which happened to be necessary in any partiucular number of the Times had been assembled and collated, that number would be reprinted, the original copy destroyed, and the corrected copy placed on the files in it’s stead. This process of continuation alteration was applied not only to newspapers, but to books, periodicals, pamphlets, posters, leaflets, films, sound tracks, cartoons, photographs–to every kind of literature or documentation which might conceivably hold any political or ideological significance. Day by day and almost minute by minute the past was brought up to date. In this way every prediction made by the Party could be shown by documentary evidence to be correct; nor was any item of news, or expression of opinion, which conflicted with the needs of the moment, ever allowed to be on record.”…George Orwell, “1984″ 

“Before the Hate had proceeded for thirty seconds, uncontrollable exclamations of rage were breaking out from half the people in the room.”
“the sight or even the thought of Goldstein produced fear and anger automatically.”
“He was an object of hatred more constant than either Eurasia or Eastasia.”
“There were also whispered stories of a terrible book, a compendium of all the heresies”
“In it’s second minute the Hate rose to a frenzy. People were leaping up and down in their places and shouting at the tops of their voices”… George Orwell, “1984?

“Not every item of news should be published: rather must
those who control news policies endeavor to make every item
of news serve a certain purpose.”… Joseph Goebbels

Rick Santorum made the following statement at the American Heartland Forum in Columbia, Missouri on February 3, 2012:

“In the Netherlands, people wear different bracelets if they are elderly. And the bracelet is: ‘Do not euthanize me.’ Because they have voluntary euthanasia
in the Netherlands but half of the people who are euthanized — ten percent of all deaths in the Netherlands — half of those people are enthanized
involuntarily at hospitals because they are older and sick. And so elderly people in the Netherlands don’t go to the hospital. They go to another country,
because they are afraid, because of budget purposes, they will not come out of that hospital if they go in there with sickness.”

Santorum may have been guilty of hyperbole but his fundamental message rings true.

The Washington Post, as one would expect, attempted to discredit Santorum,  one of the Republican frontrunners.

From the Washington Post February 22, 2012.

“In 2001, The Netherlands became the first country to legalize euthanasia, setting forth a complex process. The law, which went into effect a year later,
codified a practice that has been unofficially tolerated for many years.

Under the Dutch law, a doctor must diagnose the illness as incurable and the patient must have full control of his or her mental faculties. The patient must
voluntarily and repeatedly request the procedure, and another doctor must provide a written opinion agreeing with the diagnosis. After the death, a
commission made up of a doctor, a jurist and an ethical expert also are required to verify that the requirements for euthanasia have been met.

Late last year, in the first such case, a 64-year-old woman with advanced Alzheimer’s disease was euthanized, on the strength of her insisting for years that she wanted the procedure to be done.

Nevertheless, the statistics show it is still a relatively uncommon form of death. In 2010, the number of euthanasia cases reported to one of five special
commissions was 3,136, according to their annual report. This was a 19 percent increase over 2009, but “this amounts to 2.3 percent of all 136,058 deaths in
the Netherlands in 2010,” said Carla Bundy, spokeswoman for the Dutch embassy in Washington.

At the time of the annual report, the commissions had been able to reach conclusions in 2,667 euthanasia notifications reported to the agency and found only nine in which “the physician had not acted in accordance with the due care criteria,” the annual report said. More than 80 percent of the patients were
suffering from cancer; almost 80 percent died at home.

A 2005 study by the New England Journal of Medicine found only a minimal number of the cases — 0.4 percent — in which there was an ending of life without
explicit request by the patient. The study concluded the rate had actually been cut in half since the euthanasia law was passed.

These statistics were so at odds with Santorum’s claims that we wondered how he could have thought that 50 percent of the elderly were put to death
involuntarily (or that 10 percent of all deaths in Holland were from euthanasia.) Spokesmen for Santorum did not respond to a query, but the best we can
tell, he is grossly misinterpreting the results of a 1991 survey known as the Remmelink Report, which was influential in crafting the 2001 law.”

“The Pinocchio Test

There appears to be not a shred of evidence to back up Santorum’s claims about euthanasia in the Netherlands. It is telling that his campaign did not even
bother to defend his comments.

Four Pinocchios”

http://www.washingtonpost.com/blogs/fact-checker/post/euthanasia-in-the-netherlands-rick-santorums-bogus-statistics/2012/02/21/gIQAJaRbSR_blog.html

From Dutch News November 9, 2011.

“A 64-year-old woman suffering from severe senile dementia has become the first person in the Netherlands to be given euthanasia even though she could no
longer express her wish to die, the Volkskrant reports on Wednesday.”

“The case has serious implications for Dutch euthanasia law because it means patients who are no longer able to state their wish can still be helped to die,
Constance de Vries, who acts as a second opinion doctor for euthanasia cases, told the paper.”

http://www.dutchnews.nl/news/archives/2011/11/doctors_back_euthanasia_in_sev.php

From Forbes February 26, 2012.

“But Rick Santorum’s Sorta Right About Dutch Euthanasia”
“Not that I particularly care to defend a politician I most certainly don’t support: but the piling in on Rick Santorum over his remarks on the prevalence of involuntary euthanasia in Holland does seem a little over the top.”

“The numbers the Senator puts forward are also wrong: euthanasia, voluntary, involuntary, is not 10% of all deaths.

Well, actually, that’s not quite true either. It depends upon how you define these different activities. If we say that voluntary euthanasia is the doctor or
medics ending the life of someone who has requested that their life be ended, involuntary that they use perhaps the same drugs or treatments to deliberately
end the life of someone who has not so requested then no, the two together do not amount to 10% of all deaths.

However, there’s a third category. From an overdose of painkillers (and we should note that European hospitals still use opiates in a manner which I believe
US hospitals do not: heroin is not an unusual treatment for final stage cancer over here although whether you think that diamorphine is quite the same thing
or not is really up to you) through to a complete withdrawal of treatment. That withdrawal including a complete withdrawal of not just food but also
hydration. Whether you consider starving to death a terminal cancer patient euthanasia is again something really up to you. Ditto with your opinions of
dehydration.

If we include these latter then the numbers are rather over 10%. Indeed, withdrawal of nutrition and hydration counts for an observable portion of deaths in the British medical system where we most certainly do not have any form of right to any form of euthanasia.”

“How about a current advisor to the Obama Administration? Even the Special Advisor for Health Policy to Peter Orszag? A previous Chief of the Department of Bioethics at the Clinical Center of the U.S. National Institutes of Health? A supporter of health care reform indeed one of the architects of it?

Yes, why not Ezekiel Emanuel? Dr. Emanuel is using the above mentioned Remmelink Report and an update to it as the basis of his figures:

First, the update found that beyond the roughly 3,600 cases of physician-assisted suicide and euthanasia reported in a given year, there are about 1,000
instances of nonvoluntary euthanasia. Most frequently, patients who were no longer competent were given euthanasia even though they could not have freely,
explicitly, and repeatedly requested it. Before becoming unconscious or mentally incompetent about half these patients did discuss or express a wish for
euthanasia; nevertheless, they were unable to reaffirm their wishes when the euthanasia was performed. Similarly, a study of nursing-home patients found that in only 41 percent of physician-assisted suicide and euthanasia cases did doctors adhere to all the guidelines. Although most of the violations were minor
(usually deviations in the notification procedure), in 15 percent of cases the patient did not initiate the request for physician-assisted suicide or
euthanasia; in 15 percent there was no consultation with a second physician; in seven percent no more than one day elapsed between the first request and the
actual physician-assisted suicide or euthanasia, violating the guideline calling for repeated requests; and in nine percent interventions other than
physician-assisted suicide or euthanasia could have been tried to relieve the patient’s suffering.

Second, euthanasia of newborns has been acknowledged. The reported cases have involved babies suffering from well-recognized fatal or severely disabling
defects, though the babies were not in fact dying. Precisely how many cases have occurred is not known. One estimate is that ten to fifteen such cases occur
each year. Whether ethically justified or not, providing euthanasia to newborns (upon parental request) is not voluntary euthanasia and does constitute a
kind of “mercy killing.”

The Netherlands studies fail to demonstrate that permitting physician-assisted suicide and euthanasia will not lead to the nonvoluntary euthanasia of
children, the demented, the mentally ill, the old, and others. Indeed, the persistence of abuse and the violation of safeguards, despite publicity and
condemnation, suggest that the feared consequences of legalization are exactly its inherent consequences.”

“It is of course possible to look at this in various different ways. The most obvious to me is that the Senator’s audience would not have been any less
shocked to be told that 0.5%, or 1%, are, according to the views of that audience, murdered by their doctors than they were by being told it was 5%. On these matters ethical it’s not how often it happens but that it happens at all which shocks. We wouldn’t be all that impressed by the school principal who said he
only killed a couple of the kids, not the 5% of the entire student population that was alleged.”

http://www.forbes.com/sites/timworstall/2012/02/26/but-rick-santorums-sorta-right-about-dutch-euthanasia/

From the Daily Caller February 21, 2012.


“But the media mocking had a purpose beyond making fun of a conservative. It distracted people from the fact that Santorum’s overarching message is true —
euthanasia consciousness breaches the dikes of morality and exposes the weak and vulnerable to great risk. Indeed, while Santorum overstated some of the
details — the elderly are not flocking to out-of-country hospitals — he was spot-on regarding the charge that many Dutch doctors practice death medicine.
Indeed, anyone paying attention to recent stories from the Netherlands knows that things have gone from very bad to much, much worse.

Official Dutch euthanasia statistics undercount the actual toll: Much was made out of Santorum’s claim of a 10% euthanasia rate when official statistics
generally report that 2-3% of Dutch deaths come from doctor-administered lethal injection. (The same rate in the USA would amount to about 70,000 euthanasia killings per year.) But realize, about 1/3 of the Dutch die suddenly, e.g. by sudden stroke, heart attack, or accident, without significant end-of-life
medical intervention. Take those deaths away from the total count, and using the Dutch government’s estimate, the percentage of euthanasia deaths in cases
involving end-of-life medical treatment rises to 3-4%.

But even that number is far too low. Repeated studies have shown that Dutch doctors fail to report at least 20% (or more) of actual euthanasia deaths, which
means that hundreds of euthanasias aren’t included in the official statistical count. Moreover, about 1% of all Dutch deaths come as a result, to use Dutch
parlance, of being “terminated without request or consent” — e.g. non-voluntary euthanasia. Such deaths are also not technically part of the official
euthanasia count. That gets us up to about 6% of all deaths involving medical treatment at the time of death. Add in a few hundred assisted suicides each
year where the patient takes the final death action rather than being lethally injected, and suddenly, Santorum’s 10% claim becomes far less problematic.

Wait, there’s more: Dutch doctors also kill patients by intentionally overdosing them with pain killers. I am not referring here to death caused as a side
effect of legitimate pain control, but overdosing with the intent of causing death. The exact number of these deaths isn’t known, but the authoritative 1990
government study known as the Remmelink Report found that there were 8,100 deaths from intentional opioid overdose, of which 61% were done without the
request or consent of patients. Now, add in, say, half of the nearly 10% of deaths that occur after Dutch doctors place patients into artificial comas and
deny them food and water — that is, those cases in which palliative sedation is not medically necessary to control otherwise irremediable suffering — and we
see that Santorum’s claim of a 10% euthanasia rate isn’t materially overstated at all.

The Dutch are moving toward euthanizing the elderly: A Dutch elderly dementia patient was recently euthanized in the Netherlands without request and despite
being incompetent — and the killing received the approval of the state. Meanwhile, the Dutch parliament is actively debating whether to expand the practice of assisted suicide to the elderly “tired of life” or who want to die because they “consider their lives complete.” Not coincidentally, a Dutch Medical Association (KNMG) ethics opinion advocated including “loneliness,” loss of social skills and money problems among the factors for allowing the elderly to receive legal doctor-prescribed or doctor-administered death.”

“I could go on and on:

● Dutch doctors have published the Groningen Protocol, a bureaucratic checklist for committing infanticide on terminally ill and seriously disabled babies, as two studies in The Lancet show that 8% of all babies who die in the Netherlands each year (about 90) are terminated by doctors.

● Mobile euthanasia “clinics” will soon be operating to bring euthanasia to the homes of patients whose own doctors say no.

● The Dutch media also mocked Santorum for claiming that thousands of Dutch citizens wear bracelets saying they don’t want to be euthanized. Fair is fair.
Santorum was wrong. They don’t wear bracelets — they carry please-don’t-euthanize-me cards in their wallets or purses.

Enough. Rick Santorum is exactly right in his broader criticism that the Netherlands as leaping head-first off a vertical moral cliff. Maybe if Dutch
reporters paid closer attention to what is happening under their very noses, they’d stop laughing at Santorum’s minor factual errors and start acting like
journalists.”

http://dailycaller.com/2012/02/21/santorum-more-right-than-wrong-about-dutch-euthanasia/

It is apparent that the Washington Post, just as their counterpart the Times in “1984” did, is doing their part to take down the opposition to the “party.” The Post let biased reporting interfere with the facts. It is for that reason that I bestow 4 Orwells upon the Washington Post for their Orwellian efforts.

Obama jobs lies, Truth team facts, Real unemployment picture, Obama vs Reagan, Jobs created not lost touted

Obama jobs lies, Truth team facts, Real unemployment picture, Obama vs Reagan, Jobs created not lost touted

“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984”

“And if all others accepted the lie which the Party imposed
–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”…George Orwell, “1984″

“Propaganda must not serve the truth, especially not insofar
as it might bring out something favorable for the opponent.”
Adolf Hitler

A habitual liar will let something slip. They often can’t keep straight the truth from the lies. Such it is with Barack Obama and the Obama Camp. Here is an example from BarackObama.com  February 3, 2012.
“23 Months of Job Growth”

 

“According to new jobs numbers released this morning, the economy added 257,000 private-sector jobs last month, making January the 23rd consecutive month of private-sector job growth.”

http://www.barackobama.com/news/entry/23-months-of-job-growth

They must believe that their followers will accept anything they promote as gospel truth. Anyone paying attention at all knows that the employment picture painted by this graph is not realistic. Here are the facts regarding this graph. Truth Team, pay close attention.

1. The Democrats took control of congress in 2007. That is when the job situation began worsening.

2. The job creation numbers Obama has used have always been suspect.

3. The jobs lost and discouraged workers dropping out of the workforce are not reflected.

Based on the lies and Orwellian attempts to mislead the public I am compelled to give this article 5 Orwells.

Ulsterman presented some interesting graphs on February 24, 2012.

“While the Obama administration and the mainstream media attempt to paint Americaas enjoying a current economic recovery – the facts tell a very different story.  After some 5 TRILLION dollars in deficit spending, job growth remains as stagnant as ever under the yoke of the Obama presidency:”

“There are a couple of interesting observations to be made from the above graphic from the Bureau of Labor Statistics. One, the steep decline in American jobs correlates to when the Democrats took over control of Congress. Coincidence? Perhaps. But then recall that Barack Obama begins his presidency in 2009 and the decline very much continues well into 2010 where it at least flatlines. 2010 was when Republicans then took control of the House of Representatives and gained a number of seats in the Senate – which the Democrats still control.
$5 TRILLION in lost taxpayer deficit dollars is quite a sum for what that chart reflects – stagnant job growth. Millions who remain unemployed. Millions more who have dropped out of even trying to find work and are therefor not even being counted in the unemployment figures.

For a bit of contrast check out thiscomparative chart detailing the Reagan recovery vs the Obama recovery. One president charged ahead with plans to greatly reduce taxes, lessen regulations, and pushes to increase domestic energy production in the United States. The other president – Barack Obama, called for more taxes, more regulation, and has fought increasing domestic energy production at every opportunity – such as his shutting down of the much-needed Keystone pipeline:”


“The truth is clear – the Obama presidency has been a near-complete disaster for working Americans.  This might explain a term growing in popularity of late – “ABO”  –  Anybody But Obama in 2012…”

 
Excellent Ulsterman!
 
For more graphs and data:
 

NC A&T University debuts new website, 400k grant, 10 percent tuition hike, More spending like drunken sailors in UNC university system

NC A&T University debuts new website, 400k grant, 10 percent tuition hike, More spending like drunken sailors in UNC university system

“Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011

“…and Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people’s money. It’s quite a characteristic of them.”…Margaret Thatcher

Recently I wrote about UNCG, The University of North Carolina at Greensboro, and other UNC state supported schools spending like drunken sailors and raising tuition. Here is another example. NC A&T is a UNC school also located in Greensboro, NC. Here is another example of questionable spending in the worst economy here since the Great Depression.
From the Greensboro News & Record print edition February 27, 2012.

“A&T debuts new website”

“A $ 400,000 grant funds redesign for vibrant, informative recruiting tool.”

” The new site (www.ncat.edu) launches today, and Martin said it clearly tells the Aggie story and will help the community to better connect and engage with the university.”

“The website was redesigned using $ 400,000 in grant money that helped pay for consultants that assisted university staff on the project.”

From the Greensboro News & Record 19, 2011.

“A&T trustees approve tuition hike”
“N.C. A&T students will see their tuition bills rise over the next five years under a plan the university’s board of trustees approved Friday afternoon.

A UNCG tuition and fee committee this week also recommended increases on that campus.

The tuition increases at A&T represent a 10 percent hike for undergraduates and 12 percent for graduate students.”

“Next year won’t be the last time A&T students feel the pain of a higher tuition bill. Under a plan to phase in increases, undergraduates will pay an additional $200 a year for another four years. Graduate students will pay an extra $300 a year during the same time period.

The UNC system has a 6.5 percent cap in place on tuition increases, but system leaders are allowing campuses this year to propose increases above that cap to help make up for money lost through budget cuts.”

““Literally, schools are in a position where we’ve got to figure out something else to do,” Akua Matherson, A&T’s assistant vice chancellor for budget and planning, told the trustees’ business affairs committee Friday morning in explaining the temporary lift on the tuition cap.

Matherson said the increases will help A&T maintain the level of funding needed to compete with its peer institutions.

The tuition money will generate nearly $5 million for the university. It will be invested in need-based financial aid, academic and student support, institutional support such as safety initiatives, and graduate assistantships.

Trustees unanimously approved the increases, but not without concern.

Once the increases kick in, trustee Pamela McCorkle Buncum said she would like to hear how they are affecting students.

She said she wants administrators to compile information such as how many are having to drop out to work and earn money for tuition.”

http://www.news-record.com/content/2011/11/18/article/at_trustees_approve_tuition_hike

 

GA appeal update, Obama ballot challenge, Judge Malihi ruling, Georgia Superior Court, Powell Swensson Welden vs Barack Obama, GA primary March 6

GA appeal update, Obama ballot challenge, Judge Malihi ruling, Georgia Superior Court, Powell Swensson Welden vs Barack Obama, GA primary March 6

“Why has Obama, since taking the White House, used Justice Department Attorneys, at taxpayer expense,  to avoid presenting a legitimate birth certificate and college records?”…Citizen Wells

“Why is Obama now employing private attorneys to keep his name on state ballots, despite compelling evidence that he is not a natural born citizen?…Citizen Wells

“It is emphatically the province and duty of the judicial department to say what the law is. Those who apply the rule to particular cases, must of necessity
expound and interpret that rule. If two laws conflict with each other, the courts must decide on the operation of each.”…Marbury vs Madison

The Georgia Primary will be held on March 6, 2012, Super Tuesday.

Time is of the essence.

Is the GA Superior Court treating these Obama ballot challenge appeals with the appropriate prioritized response?

A source close to the David P. Welden vs Barack Obama appeal responded to my query on February 22, 2012 with the following:

“Right now the court is not returning calls.”

On February 16, 2012, Liberty Legal Foundation reported:

“The Georgia Superior Court tried to pull a fast one. They initially refused to file our Petition for Appeal. They claimed that our papers lacked two dollars for the two motions that were included along with our petition. We DID include the $213.50 filing fee for the petition, but they were going to sit on our documents and not file any of them, in part because of the missing $2.

The Superior Court’s clerk’s office made several other excuses as to why our petition couldn’t be filed. I won’t bore you with the details. Suffice to say they tried several excuses, none of which reflect normal operating procedures for any court I’ve heard of. Each time I explained why their reason didn’t make any sense under the law or court rules, they moved on to another excuse. After being transferred, placed on hold, hung up on, and argued with, they finally agreed to file the petition, but still refused to file the motions until they got their $2. In my experience as an attorney, including being temporarily admitted in 4 states outside Tennessee, and admitted to practice at every level of Federal and State courts, this is unheard of.

To top off our little story, the Georgia Superior Court didn’t contact our office to tell us that there was a problem with our filing. They just sat on our petition and emergency motion. Had we not called to verify that our petition was filed we would have missed tomorrow’s filing deadline. (This is why we call to verify filings.) The $2 was personally delivered today and the emergency motions are now filed.

One of those motions is an Emergency Motion for Stay and Preliminary Injunction prohibiting the Georgia Secretary of State from including candidate Barack Obama on the Georgia Presidential Primary ballot. Read the filing on our website. Quoting from the motion,

“should this Court incorrectly deny this motion it would confirm that the judicial branch is now unwilling to enforce the clearest and most basic requirements of the U.S. Constitution. Harm to Petitioner that would result from such incorrect refusal to grant this motion represents nothing less than the loss of our constitutional form of government for all Americans.“

http://libertylegalfoundation.org/1777/appeal-of-georgia-eligibility-ruling/

Appeal:

http://libertylegalfoundation.org/wp-content/uploads/2012/01/Georgia-Petition-for-Appeal-and-Review-of-Final-Decision.pdf

From Pixel Patriot information on Kevin Richard Powell vs Obama and Carl Swensson vs Obama.
“15 February 2012
Appeal 15 Feb 2012 Case No. 2012CV211528
This action is an appeal of a Final Decision of Georgia Secretary of State Brian P. Kemp denying Petitioner Kevin Richard Powell’s challenge to the qualifications of Respondent Barack Obama, a presidential candidate, to seek and hold the Office of the President of the United States, and finding Respondent Obama eligible as a candidate for the presidential primary election.
Exhibit A Malihi Decision
Exhibit B Kemp Decision
http://www.scribd.com/doc/81895995/Appeal-15-Feb-2012-Case-No-2012CV211528

17 February 2012
Request for Consolidation 17 Feb 2012
http://www.scribd.com/doc/81962820/Request-for-Consolidation-February-18-2012


http://pixelpatriot.blogspot.com/2012/02/appeals-update-and-case-chronology.html
More info at Art2SuperPac.com:

http://www.art2superpac.com/georgiaballot.html

 

Obama vs Santorum matchup would be good for the country, Kyle Scott, Political science professor, Duke University, Santorum message consistent with core Republican values

Obama vs Santorum matchup would be good for the country, Kyle Scott, Political science professor, Duke University, Santorum message consistent with core Republican values

“Why has Obama, since taking the White House, used Justice Department Attorneys, at taxpayer expense,  to avoid presenting a legitimate birth certificate and college records?”…Citizen Wells

“Why is Obama now employing private attorneys to keep his name on state ballots, despite compelling evidence that he is not a natural born citizen?…Citizen Wells

“He (Rick Santorum) had no problems with what I told him that I may be doing,”… Sheriff Joe Arpaio 

By  Kyle Scott, Political Science Professor at Duke University, and published in the Baltimore Sun February 14, 2012.

“An Obama-Santorum matchup would be good for the country
Obama vs. Santorum is the only contest where real issues would be the focus”

“Mitt Romney was the inevitable nominee — until he wasn’t.

In order to sustain a lead, a candidate’s message must resonate with the heart and the mind. Mr. Romney’s cakewalk to the nomination has been stymied by the inability to get anyone excited about his campaign. He has supporters but not believers.

Rick Santorum’s message resonates with voters’ hearts and minds (this week at least), because he is a true believer. He believes in his message, and his message is consistent with core Republican values. What gave Mr. Santorum the edge in Iowa, Minnesota, Colorado and Missouri can give him an edge in the general election against President Barack Obama.

Mr. Santorum speaks directly to issues that are most relevant to core Republicans. He focuses on social and cultural issues that evoke emotions, and emotions move people to vote, especially those who align themselves with a particular party. This has helped him do well in primaries and caucuses when core conservatives turn out to vote in greater numbers than independents.

Conventional wisdom states a candidate must win independents to win an election. But this is only true if independents show up to vote in large numbers.

Generally, independents are less likely to vote than party-identifiers. In 2008, Mr. Obama’s message and charisma evoked an emotional response from independents. But with the president failing to meet the expectations of many whom he energized in 2008, turnout among this bloc of voters is expected to be small in 2012, which means winning independents will be less important.

When independents stay at home, getting the party base to turn out becomes more important. Mr. Santorum has been able to do this, and Mr. Romney has not.

What pushed Mr. Santorum to the front in the most recent contests — and vaulted him into a tie with Mr. Romney in at least one national poll — was his ability to stay above the bickering and negativity that took place between Mr. Romney and Newt Gingrich. Mr. Santorum is not as susceptible to personal attacks, as he seems to have a clean personal life, as far as we know. This means to attack Mr. Santorum, one must attack his policy positions. This cannot be done in the GOP nomination process because to attack Mr. Santorum’s policy positions would be to attack the Republican platform.

This wouldn’t stop the president from criticizing Mr. Santorum’s policy positions in the general election, but it also means we would see a campaign in which policy would have to be discussed in a meaningful way. Could we be so lucky?

If Mr. Gingrich wins the nomination, the Obama campaign will go after his personal life and his over-the-top persona. If Mr. Romney wins the right to go up against the president, the focus will be on his tax returns, flip-flopping and his work at Bain Capital.

But if Mr. Santorum wins the nomination, he and the president will be forced to defend their respective parties’ views of what good government entails and which policies are best for the country. In other words, an Obama-Santorum matchup will focus on things that actually matter.

An election about issues is what this country needs. It may be too much to hope for, but it is a prospect we should all get excited about. To win the GOP nomination, Mr. Santorum must find a way to keep his campaign positive and issue-focused. Not only will it help him win the nomination, but it is the right thing to do.”

http://www.baltimoresun.com/news/opinion/oped/bs-ed-santorum-20120214,0,4766981.story

 

Obama economy equals higher gas prices fewer jobs and more debt, Obama lies continue, Obama blocked Canada Keystone XL pipeline, Offshore leases

Obama economy equals higher gas prices fewer jobs and more debt, Obama lies continue, Obama blocked Canada Keystone XL pipeline, Offshore leases

“Obama energy policy: Pander to the left, lie to the poor and working class and enrich his friends.”…Citizen Wells

From the Washington Times February 24, 2012.

“Sessions: Obama ‘defeatist’ on rising gas prices”

“President Obama’s indignant defense this week of his administration’s energy policies has done nothing to deter GOP critics, as gas prices continue to rise amid worries that their continued climb could throw the economic recovery off course.

Alabama Sen. Jeff Sessions, the ranking Republican on the Senate Budget Committee, said in a letter to Mr. Obama Friday that the president was taking a “defeatist view” when it comes to trying to reduce gas prices.

“I reject the defeatist view that says the nation that won two world wars, pioneered space travel, and overcame the Soviet empire is now helpless in the face of high prices at the pump,” Mr. Sessions wrote. “We are not at the mercy of dictators, cartels and events beyond our control.”

In a speech in Miami Thursday, the president blamed the current spike prices on Wall Street speculators reacting to instability in the Middle East, most notably in Iran — not the amount of oil drilled in the U.S.

“There are no quick fixes to this problem,” Mr. Obama said. “You know we can’t just drill our way to lower gas prices.”

In his letter, Mr. Sessions echoed the views of other Republican critics in arguing that lifting Obama administration barriers to drilling would go a long way in helping drive down the price at the pump.

“Powerful action to harness America’s untapped oil and gas resources would place downward pressure on prices and speculation in the short run, and, by surging global supply, would serve to keep prices low in the future,” Mr. Sessions continued. “Crucially, it would also provide millions of Americans with good-paying, private-sector jobs; produce substantial royalties for local, state and federal governments; reduce our enormous trade imbalance; and put an end to our huge wealth transfer from American to competitors overseas.”

Mr. Sessions offered a list of proposals, including restoring the bipartisan 2010-2015 offshore lease plan to ensure that the 31 pending lease sales are completed expeditiously, abandoning Mr. Obama’s proposal to increase taxes and fees for oil and gas companies, and approving the massive Canada-to-Texas Keystone XL pipeline and expediting its completion.

“Your administration only directed one lease sale in 2011 and has announced just one lease sale for 2012, far short of the number of sales that would have occurred over this period under the original 2010-2015 plan that your administration discarded,” he wrote.

Mr. Sessions also urged Mr. Obama to “take all necessary steps” to accelerate the leasing and permitting process for domestic shale oil production and maximize oil production from federal lands, which are now producing just 714 million barrels a year — a 16 percent decline from what was projected five years ago.

In addition, the Alabama Republican called on the president to direct the Environmental Protection Agency, the Department of Energy and other federal bodies to grant all necessary waivers and approvals to oil and gas refineries to facilitate maximum production at minimum cost.

“Refinery expenses comprise 11 percent of the price for gasoline that Americans pay at the pump, but your administration has imposed numerous regulations that have driven refining costs up, not down,” he contended.

A White House spokesman said the president is particularly sensitive to the impact rising gas prices are having on family budgets across the country, but said there’s no silver bullet to solve the problem.

“If your answer to this challenge of rising gas prices is just drilling for oil, you’re not going to find a very good answer because an ‘all-of-the-above’ approach is required,” White House spokesman Josh Earnest told reporters Friday. “So that also is why the president is pursuing a range of other things: investments in biofuels, in renewable energy, wind and solar.”

The Obama administration is also backing the construction of the first nuclear power plant in the U.S. in 30 years, Mr. Earnest added.”

Read more:

http://www.washingtontimes.com/news/2012/feb/24/sessions-obama-defeatist-rising-gas-prices/

Obama lies continue, Energy policy Political Platitudes, Gas prices, Truth team moment, No concern from Obama for poor and working families

Obama lies continue, Energy policy Political Platitudes, Gas prices, Truth team moment, No concern from Obama for poor and working families

“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984”

“And if all others accepted the lie which the Party imposed
–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”…George Orwell, “1984″

“Propaganda must not serve the truth, especially not insofar
as it might bring out something favorable for the opponent.”
Adolf Hitler

PP effluent from Obama and left.

Political Platitudes.

These are designed to appeal to Obama’s core support, the left, the elitists, the experts at spending other people’s money, like colleges and universities.

Obama PP in recent speeches.

In regard to the Republicans plan:

“three-point plan for $2 gas”

“Step one is to drill, step two is to drill, and step three is to keep on drilling.”

“not a strategy to solve our energy challenge.”

“It’s the easiest thing in the world to make phony election-year promises about lower gas prices,”

“What’s harder is to make a serious, sustained commitment to tackle a problem that may not be solved in one year or one term or even one decade.”

And straight from “1984” by George Orwell.

“In 2011, the United States relied less on foreign oil than in any of the last 16 years. Because of the investments we’ve made, the use of clean, renewable energy in this country has nearly doubled, and thousands of Americans have jobs because of it.”

Obama is speaking to his elitist, know it all support, such as the UNC University System, which recently raised tuition in a down economy.

This is a Truth Team moment.

While I agree that we need a comprehensive, common sense based energy program, we also need cheaper oil products in the short term. If Obama and his cronies really cared about poor and working class families, they would be concerned about rising gas prices which in turn raise the price of almost everything else, especially food prices. Obama appeases lower income folks with his lying rhetoric and the left with PP, Political Platitudes.

Obama states “not a strategy to solve our energy challenge.” in response to Republicans wanting lower gas prices. Obama’s startegy to help the economy and jobs has failed.

Obama, what is your stategy to help the poor and working families afford food.

More food stamps!

“phony election-year promises”

Obama is the king of phony election year promises.

Obama plan:

Tax

Spend

Promise

Blame

And in case you haven’t noticed, here is a chart presented here last year of the gas prices since Obama took office. I am certain you are aware of food price increases.

Penny Pritzker Obama 2008 national finance chairwoman, Economic Recovery Advisory Board, Skills for America’s Future, Obama Council for Jobs and Competitiveness, Superior Bank origin of sub prime crisis

Penny Pritzker Obama 2008 national finance chairwoman, Economic Recovery Advisory Board, Skills for America’s Future, Obama Council for Jobs and Competitiveness, Superior Bank origin of sub prime crisis

“We intend to close loopholes that allowed big financial firms to trade risky financial products like credit defaults swaps and other derivatives without
oversight; to identify system-wide risks that could cause a meltdown; to strengthen capital and liquidity requirements to make the system more stable; and to ensure that the failure of any large firm does not take the entire economy down with it. Never again will the American taxpayer be held hostage by a bank
that is “too big to fail.”…Barack Obama

“Democratic presidential contender Barack Obama says he’ll crack down on fraudulent sub-prime lenders. If he really means it he can start by firing his campaign finance chair, Penny Pritzker. Before taking over Obama’s campaign finances, she headed up the borderline shady and failed Superior Bank. It collapsed in 2002. The bank’s sordid story and its abominable role in fueling the sub-prime crisis are well known and documented. It engaged in deceptive and faulty lending, questionable accounting practices, and charged hidden fees. It did it with the sleepy-eyed see-no-evil oversight of federal. It made thousands of dubious loans to mostly poor, strapped homeowners. A disproportionate number of them were minority.

Obama’s home state, Illinois, ranked near the top of thee states in the percentage of sub-prime mortgages. Nearly 15 percent of home loans were sub-prime according to the Mortgage Bankers Association. But that only tells part of the tale. According to the Woodstock Institute, a Chicago non-profit that studies housing issues, the sub-prime fall-out was far higher in the predominantly black and Latino neighborhoods of South and Southwest Chicago.

The predictable happened when many of those lost their homes. When the bank collapsed Pritzker and bank officials skipped away with their profits and reputations intact. Aside from the financial and personal misery sub prime lenders caused the thousands of distressed homeowners, sub-prime lending has been a major cause of the housing crisis in many areas, and has dealt a sledgehammer blow to the economy. Obama has said nothing about Pritzker, Superior Bank, or their dubious practices.”…Huffington Post, February 29, 2008

“One could make the argument that Pritzker was the most important person in Barack Obama’s presidential bid – except, perhaps, for Obama himself. A longtime Obama friend, Pritzker was national finance chairwoman for the Obama campaign throughout his 2008 presidential effort. She helped him raise a record $750 million from a dizzying array of donors.
Obama’s huge fundraising advantage not only gave him clout during the primaries against Sen. Hillary Rodham Clinton (D-N.Y.), but also provided the means to bypass federal funding for the general election and dramatically outspend Sen. John McCain (R-Ariz.)…Washington Post 

“Why did Obama employ Robert Bauer of Perkins Coie, to request an advisory opinion on FEC matching funds that he was not eligible for?”…Citizen Wells

More on Obama’s 2008  National Finance Chairwoman and economic advisor Penny Pritzker.

From Consortium News February 28, 2008.

“Though Superior Bank collapsed years before the current sub-prime turmoil that is rocking the world’s financial markets – and pushing those millions of homeowners toward foreclosure – some banking experts say the Pritzkers and Superior hold a special place in the history of the sub-prime fiasco.

“The [sub-prime] financial engineering that created the Wall Street meltdown was developed by the Pritzkers and Ernst and Young, working with Merrill Lynch to sell bonds securitized by sub-prime mortgages,” Timothy J. Anderson, a whistleblower on financial and bank fraud, told me in an interview.

“The sub-prime mortgages,” Anderson said, “were provided to Merrill Lynch, by a nation-wide Pritzker origination system, using Superior as the cash cow, with many millions in FDIC insured deposits. Superior’s owners were to sub-prime lending, what Michael Milken was to junk bonds.”

In other words, if you traced today’s sub-prime crisis back to its origins, you would come upon the role of the Pritzkers and Superior Bank of Chicago.”

http://www.consortiumnews.com/2008/022708a.html

From Chicago Magazine December 2002.

“”They were always more interested in building an empire than in getting their name in the newspaper,” says Patrick Foley, formerly president of Hyatt Hotels Corporation. “They just didn’t enjoy that kind of notoriety.”

Last year, however, the Pritzkers found themselves most uncomfortably in the public eye after the stunning collapse of Superior Bank, the Oakbrook Terrace–based savings and loan they jointly owned with the New York real estate developer Alvin Dworman. The institution’s failure is “a tale of gross mismanagement,” says George Kaufman, a finance professor at Loyola University Chicago. “[Superior] was engaged in relatively unethical practices, fancy-footwork accounting, playing it very close to the edge.” Kaufman says many share in the blame for the mess-the bank’s managers, directors, and auditors, as well as banking regulators-but he also wonders how the Pritzkers, as co-owners, could have allowed it to happen. “One of the great mysteries to me is what the Pritzkers were up to, why they took these chances,” he says. “It makes no sense given their wealth and visibility.””

“The family’s most agonizing setback, however, was the stunning collapse last year of the once high-flying Superior Bank. The thrift had come into the Pritzker fold in 1988, when Jay Pritzker and Alvin Dworman-old social friends and partners in several past business ventures-put up $42.5 million for the insolvent Lyons Savings Bank, as it was then called, in return for an estimated $645 million in federal tax credits and loan guarantees. (By one estimate, it would have cost the government $200 million less simply to shut Lyons down.) Although Dworman had agreed to run the renamed Superior Bank out of his New York office, Jay deputized his niece Penny-a Harvard educated go-getter who had just earned her law degree and M.B.A. from Stanford-to help keep tabs on the investment. She served as chairman of Superior from 1989 to 1994, long enough for the bank to regain its financial health and embark on an aggressive new strategy, making high-interest home and auto loans to people with bad credit. For a time, that strategy appeared to work like a charm, yielding big profits-and large dividends for the Pritzkers and Dworman.

In reality, Superior was spiraling into ruin. Although the details are complicated, the bank’s fall stemmed from a risky business strategy and from poor oversight by the bank’s directors, according to investigations by banking regulators. Superior became heavily concentrated in high-risk assets connected with its subprime lending business, and then used “unrealistic and overly optimistic assumptions” to record the value of those assets, according to a report by the inspector general of the Federal Deposit Insurance Corporation. In language redolent of the corporate accounting scandals that have rocked Wall Street recently, the report adds that by using “liberal interpretations of accounting principles” Superior was able to “report impressive net income figures that masked the net operating losses the institution was actually experiencing.” Those phony “profits,” by the way, allowed Coast-to-Coast Financial Corporation, the holding company owned jointly by the Pritzkers and Dworman, to collect more than $200 million in dividends from 1993 to 1999-money the bank desperately could have used as it tottered toward insolvency.

After the Pritzkers and Dworman failed in July of last year to follow through on a plan to inject $270 million into the bank, Superior was seized by the Office of Thrift Supervision and eventually placed in receivership under the FDIC. Last December, to avoid being punished for Superior’s failure, the Pritzkers agreed to pay the FDIC $460 million while admitting no wrongdoing. Because $360 million of that payment was to be spread out interest free over 15 years, the settlement was worth an estimated $335 million in today’s dollars. But that won’t cover all the damage. Even with the settlement, Superior’s failure is expected to cost the federal thrift insurance fund an estimated $440 million.

Meanwhile, the Pritzkers still have not put their Superior troubles entirely behind them. Tom and Penny Pritzker are defendants (along with Dworman, several officers and directors, and the bank’s auditor, Ernst & Young) in a federal civil racketeering suit brought on behalf of Superior’s uninsured depositors (those with deposits in excess of the federally insured $100,000). Although the 1,400 uninsured depositors so far have recovered about 55 percent of the more than $65 million they lost in the collapse, they are still out almost $30 million, according to Clint Krislov, the lawyer for the plaintiffs. By contrast, the Pritzkers may not have fared so badly. Counting the tax credits and deductions they originally received and the dividends they collected over the years, “they appear not to have lost money on the deal,” Krislov says. (A source close to the family says the Pritzkers did lose money in Superior, and asserts that the lawsuit is without merit.)

* * *
The Superior scandal stained virtually everyone connected with it-the bank’s managers and directors, the accountants who signed off on its financial statements, the banking regulators who failed to act aggressively as early as the mid-nineties, when Superior’s problems were fast becoming apparent, and, of course, the owners. As the fallout spread, the Pritzkers worked feverishly to control the damage. They claimed that they had been “passive investors” while Dworman’s people ran the show (Dworman said the Pritzkers shared in the blame). They also made the case that Superior’s auditor had continued to give favorable opinions on the bank’s accounting over the years. On that score, the Pritzkers appeared to gain some vindication in early November of this year when the FDIC sued Ernst & Young for fraud in its audit of Superior, and sought at least $2.19 billion in punitive and compensatory damages. (Ernst & Young denied responsibility for Superior’s collapse and said it would vigorously fight the charges.)

To some, however, the Pritzkers were hardly the innocents they made themselves out to be. The family, after all, controlled half the board seats of the bank’s holding company, which benefited from all that dividend income, and the Pritzker Organization’s chief financial officer, Glen Miller, chaired the bank’s audit committee. Although Penny had stepped down as the bank’s chairman in 1994, she remained a director of its holding company.

“No one should have had any illusions about what was going on,” says Bert Ely, a banking consultant in Alexandria, Virginia, who tracked the Superior story. “[Superior] was reporting gains that were unrealistically high, which allowed [it] to pay big dividends [to the Pritzkers and Dworman]. It was a lot like Enron and WorldCom-reporting profitability that wasn’t there. Their financial people should have been able to figure that out. If they truly didn’t understand the bank’s fundamentally unworkable business model, then the Pritzkers have bigger problems than Superior.”

The Pritzkers said in a statement that the settlement was simply “the right thing to do,” reflecting the family’s “historical commitment to stand behind their investments.” That may have been true. But it also entitles them to 25 percent of any sum the government collects in its $2.19-billion suit against Ernst & Young. Beyond that, the settlement made an ugly story go away. “I am convinced that the Pritzkers wanted to get their name off the front page,” says Ely. “They had stepped into a pile of horse manure, and they were highly embarrassed.””

http://www.chicagomag.com/Chicago-Magazine/December-2002/Tremors-in-the-Empire/