Monthly Archives: August 2012

Michelle Obama UNCG speech August 1, 2012, Obama lies, Job lies, Tax lies, College tuition lies, Health care lies, Student loans and records hidden

Michelle Obama UNCG speech August 1, 2012, Obama lies, Job lies, Tax lies, College tuition lies, Health care lies, Student loans and records hidden

“The United States economy has lost more jobs than it has added since the recovery began over a year ago.”…NY Times Sept. 20, 2010.

“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

“Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.”…Barack Obama

I do not usually write about Michelle Obama. However, yesterday at UNCG, the University of North Carolina at Greensboro, in Guilford County, Michelle Obama continued the tradition of Obama family lies in a political speech.

From the Greensboro News Record August 2, 2012.

“First lady talks up president’s successes in Greensboro”

“Michelle Obama on Wednesday ticked off President Barack Obama’s accomplishments during his nearly four years in office: passage of health care reform; more financial aid for needy college students; ending the Iraq War; and killing Osama bin Laden.

But Obama told the 2,400 spectators inside UNCG’s Fleming Gymnasium that the president needs their help to finish what he started, and she encouraged them to get other people involved when they campaign and go to the polls.

“We cannot turn back now,” she said. “We’ve got to keep moving forward.”

Obama’s visit comes just two weeks after Ann Romney, the wife of presumptive Republican presidential nominee Mitt Romney, visited Greensboro.

This is the first lady’s second stop here in recent months. She gave the commencement address at N.C. A&T in May.

North Carolina is considered a battleground state for 2012; President Obama narrowly won the state in 2008.

Obama attended a fundraising event in Raleigh after her appearance in Greensboro. She will return to North Carolina in September for the Democratic National Convention, which will be held in Charlotte.

The first lady touted her husband’s values and drew on their own working-class roots to relate to the audience.

Neither of her parents had a college degree, she said, but they saved and sacrificed so that she and her brother could attend college.

“Education was everything in our family. It was everything,” she said. “It was our ticket to the middle class. It was our pathway to the American dream.”

Obama said her family is a testimony to the “basic American promise” of a better life, no matter who you are or how you started out in life.

“Your president, my husband, understands that promise because that’s the story of his life as well,” she said, noting the president was raised by a single mother who put herself through school.

“Barack knows the American dream because he’s lived it,” she said. “And he believes that when you work hard and you’ve done well and you’ve walked through the doorway of opportunity, you do not slam it shut behind you,” the first lady said to thunderous applause.”

“Cam Choiniere of Winston-Salem said the first lady came across as dynamic, warm, genuine and personable. “I just truly believe her and think that their (the Obamas) values and motives are so spot on,” she said.”

http://www.news-record.com/content/2012/07/29/article/tickets_for_michelle_obama_popular

If Michelle Obama had really spoken of Barack’s successes, it would have been the shortest speech ever.

From the transcript provided by the News Record.

“It means all of our kids should be able to go to college without a mountain of debt.”

“So, trust me, Barack Obama knows what it means when a family struggles.”

“This election is a choice about our economy. It’s about building a strong and growing middle class. So I want you to remind folks that Barack has cut taxes for working families by $3,600. Cut them. (Applause.) And also people need to understand he has cut taxes for small businesses 18 times. That’s what he’s done. (Applause.) Because Barack understands that rebuilding our economy starts with the restaurants and the stores and the startups that create two-thirds of all new jobs in this economy. ”

“This election is a choice about the health of our families. And listen to this — the fact is that over the past century — okay? — 100 years, so many of our Presidents have tried and failed to meet the challenge of health reform. But your President was determined. (Applause.) See, but Barack was driven by the stories of the people he met — the grandparents who couldn’t afford their medications; the families going broke because a child got sick; the woman dying of cancer whose insurance company wouldn’t cover her care. And that is what kept him going day after day. That’s why he fought so hard for this historic reform.”

“Because of this reform, our children can stay on our insurance until they’re 26 years old. (Applause.) So they don’t have to lose their health care when they graduate and they’re out there looking for a job, trying to build their lives.”

“This election, it’s a choice about whether our kids can attend college without a mountain of debt. Now, believe it or not, back when Barack and I were first starting out, and we were building our lives together, and we were so in love — (laughter) — we still are — (laughter and applause) — but our combined student loan bill each month was actually higher than our mortgage. Now, I know there are people out there who can relate to that. So, believe me, when it comes to student debt, Barack and I, we’ve been there. And that is why Barack doubled funding for Pell Grants and fought so hard to stop student loan interest rates from increasing. (Applause.) Because he knows how important it is for all of our young people to get the education they need for the jobs they deserve. ”

“I want you to tell them how many jobs he created. Tell them how much money he’s put back in the pockets of American people. You can tell them that more of our kids can afford college;”

http://www.news-record.com/content/2012/08/01/article/first_lady_michelle_obamas_written_remarks

If you listened to this horse crap, these political platitudes, or as we refer to them in NC, lies, I urge you to read and yes research what is presented here. The audacity of the Obamas has no bounds. To present those lies in Guilford County, with an unemployment rate over 10 percent!

First, the latest unemployment data from NC.

From Citizen Wells July 27, 2012.

“Unemployment Rates Increase in 84 Counties in June”

“North Carolina’s statewide unemployment rate (not seasonally adjusted) was 9.9 percent in June. This was a 0.4 of a percentage-point increase from May’s revised rate of 9.5 percent, and a 1.0 percentage-point decrease over the year.

Over the month, the unemployment rate increased in 84 counties, decreased in 11 and remained the same in five. Thirty-nine counties had unemployment rates at or below the state’s 9.9 percent rate.”

“Guilford County, containing both Greensboro and High Point had an increase from 9.6 to 10.3 percent.”

https://citizenwells.wordpress.com/2012/07/27/nc-unemployment-rate-9-9-percent-june-data-unemployment-rates-rose-in-84-of-100-counties-mecklenburg-home-of-democrat-convention-rises-3-percent-to-9-9/

Obama and the Democrats have been trying to do away with the Bush tax cuts. Also part of the deception from Obama, et al is taxing the “rich.” When companies are taxed more this is passed along to consumers. And perhaps the biggest impact comes from the “hidden taxes” in cost of goods as a result of high gas prices.

Gas prices have doubled under the Obama Administration and have impacted the price of nearly all consumer goods, especially food.

In 2009 when Obama took office, gasoline averaged around $ 1.85 a gallon. Here is a chart of gasoline prices for the last 3 years.

Michelle should have felt quite at home at UNCG. They have a similar mindset when it comes to spending other peoples money.

From Citizen Wells November 16, 2011.

“Tuition would rise 10 percent for UNCG students next year according to a proposal the university’s tuition and fee committee presented Tuesday night to the Student Government Association.”

https://citizenwells.wordpress.com/2011/11/16/uncg-10-percent-tuition-fee-hike-proposal-660-increase-in-state-university-of-nc-at-greensboro-spending-like-drunken-sailors-out-of-control-expansion/

From Citizen Wells February 12, 2012.

“Amid chants of protest from about 100 students, the UNC Board of Governors this morning approved President Tom Ross’ proposal for tuition and
fee hikes over the next two years.

Ross’ plan would raise tuition by an average of 8.8 percent across the system and keeps increases below 10 percent on every campus.”

“Today’s vote caps months of intense debate over tuition, which the system has used in recent years to help make up for legislative cuts to its budget. The
hikes have forced more students to take on extra jobs to pay for school, or drop out altogether.”

“The state mandates that at least 25 percent of the money from the tuition dollars go toward financial aid for needy students. Some board members recently have spoken out about that requirement, saying it essentially calls for students, who themselves may be struggling, to subsidize the education of other students.”

https://citizenwells.wordpress.com/2012/02/12/unc-tuition-hikes-university-of-nc-system-raises-tuition-costs-in-dismal-economy-working-students-and-families-pay-others-tuition-income-redistribution-unc-tuition-hikes-university-of-nc-system/

I have met and talked with many college students. Recently a UNCG student, who is struggling to support his family and attend school, confided in me that the recent tuition and health care increases (mandatory health care insurance almost doubled) could force him to leave school.

From Citizen Wells May 2, 2012.

“The UNC system began requiring students to be covered by health insurance in the fall of 2010. Students must either prove that they have their own insurance or buy a plan offered by the UNC system. Before that, 11 campuses required insurance; rates and coverage varied significantly among the schools.

On top of rising tuition and fees, those UNC system students who buy the university-sponsored health insurance plan will face steep premium increases in the next academic year.

The cost of health insurance will climb from a range of $61 to $77 monthly to a range of $118 to $133 monthly, according to a memo sent from UNC President Tom Ross to the UNC Board of Governors. On an annual basis, most students will pay about $500 to $700 more in 2012-13, depending on the campus.”

“Mallette said the insurance increases are due to the health care usage of UNC system students during the past couple of years, plus federal regulations on preventive care and pharmacy services issued in March. The process is complicated, he said, by the new provisions of the Affordable Care Act.”

https://citizenwells.wordpress.com/2012/05/02/obama-lies-work-on-unc-students-unc-student-health-care-increase-tuition-increase-high-unemployment-obama-uses-orwellian-language-to-sway-students-occupy-white-house/

Michelle and Barack Obama keep talking about their student loans. How do we know this is true? None have been reported on tax returns. And Obama has used many private and US Justice Dept. attorneys, at taxpayer expense, to keep all of his college records hidden.

From ABC News April 25, 2012.

“President Obama told students at the University of North Carolina Tuesday that he knows what it is like to struggle with student loan debt because he and his wife didn’t pay off their student loans until eight years ago.

That may be true, but a quick look at the Obamas’ tax returns shows they were making enough to be considered “wealthy” by the president’s own definition in
the years before his loans were paid off.”

http://abcnews.go.com/blogs/politics/2012/04/behind-obamas-definition-of-wealth-and-paying-off-student-loans-2/

Ben Bernanke Federal Reserve gloomy forecast, August 1, 2012, US economy decelerated, Disappointing jobs reports and sharp slowdown in US growth

Ben Bernanke Federal Reserve gloomy forecast, August 1, 2012, US economy decelerated, Disappointing jobs reports and sharp slowdown in US growth

“The United States economy has lost more jobs than it has added since the recovery began over a year ago.”…NY Times Sept. 20, 2010.

“We tried our plan—and it worked. That’s the difference. That’s the choice in this election. That’s why I’m running for a second term.”…Barack Obama

“Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.”…Barack Obama

From the Guardian August 1, 2012.

“Fed gives gloomy forecast on US recovery but no new stimulus yet”

“Fed chairman Ben Bernanke has consistently said that he is not ruling out direct action in the event of a stalling economy. Photograph: Karen Bleier/AFP/Getty Images
The US Federal Reserve signalled on Wednesday that it is increasingly worried about America’s fragile economic recovery – but once more stopped short of taking direct action.

After a two-day meeting, Fed officials said the economy had “decelerated somewhat” over the first half of the year, and gave a stronger signals they may take further action as they keep a close watch on the US recovery.

Weakness in the US economy has been underlined since the last Fed meeting by disappointing jobs reports and a sharp slowdown in US growth, which had led to speculation that the Fed might act. After two days of falls US stock markets had rallied ahead of the statement as investors expected action. But the Dow Jones turned negative when it became clear no action would be forthcoming.

“The committee will closely monitor incoming information on economic and financial developments, and will provide additional accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability,” the central bank said in a statement issued at the end of the Federal open market committee’s (FOMC) two-day policy meeting.

Fed chairman Ben Bernanke has consistently stated that the Fed is considering further action should the recovery appear to be stalling.

There were fresh signs of weakness on Wednesday as a key poll showed economic activity in the manufacturing sector contracted in July for the second month in a row after 34 consecutive months of expansion. The Institute of Supply Management’s purchasing managers index (PMI) – which measures the acquisition of goods and services – stood at 49.8% in July, barely moving from June’s reading of 49.7%. The index must be above 50% to indicate growth.

Dan Greenhaus, chief global strategist at BTIG, said the Fed was “clearly on a knife’s edge with respect to providing additional stimulus”. Fed statements are parsed line by line for indications of change in policy.

In a note to clients, Greenhaus wrote: “Importantly, the first sentence in the FOMC statement, which noted in June that ‘the economy has been expanding moderately this year’ now says that ‘economic activity decelerated somewhat over the first half of this year.’

“They note that ‘household spending has been rising at a somewhat slower pace than earlier in the year’ while ‘inflation has declined since earlier this year.’ All told, the Fed clearly took down its assessment of the current economic situation.”

Ken Goldstein, an economist at the Conference Board in New York, said the Fed was in a fix. Republicans have already criticised the Fed’s actions and are likely to pounce on any action from the Fed ahead of November’s election.
“This is going to get increasingly political as the election approaches,” Goldstein said.

Goldstein said the economy seemed to be “muddling along rather than falling off a cliff,” and that he believed the Fed was unlikely to act unless evidence of a severe weakening in the US economy emerged.

With economy emerging as the key battleground of the 2012 election, economic indicators have seldom been more closely watched. Last week the commerce department announced that US gross domestic product (GDP) – the broadest measure of an economy’s health – stood at 1.5% in the second quarter, down from 2% in the prior three months, and 4.1% in the fourth quarter of 2011.”

Read more:

http://www.guardian.co.uk/business/2012/aug/01/fed-us-recovery-stimulus?newsfeed=true

Obama wheels of justice turn slow or stop, FDIC lawsuit against Amrish Majahan Mutual banck, Rezko loan for Obama lot, Kenneth J. Conner lawsuit

Obama wheels of justice turn slow or stop, FDIC lawsuit against Amrish Majahan Mutual banck, Rezko loan for Obama lot, Kenneth J. Conner lawsuit

“Why wasn’t Rod Blagojevich, Governor of IL, prosecuted before Tony Rezko, a businessman?”…Citizen Wells

“Why did Mutual Bank fire whistleblower Kenneth J Connor after he
challenged the appraisal on the land purchased by Rita Rezko, just
prior to the land sale to Obama?”…Citizen Wells

“Why do the wheels of justice become mired or stopped when a case touches Obama?”…Citizen Wells

The wheels of justice turn very slowly when the case touches Obama. It some cases the wheels of justice stop, as in the case of the New Black Panther Party.

From Citizen Wells July 31, 2012.

“Federal Court finds Obama appointees interfered with New Black Panther prosecution”

“A federal court in Washington, DC, held last week that political appointees appointed by President Obama did interfere with the Department of Justice’s prosecution of the New Black Panther Party.

The ruling came as part of a motion by the conservative legal watch dog group Judicial Watch, who had sued the DOJ in federal court to enforce a Freedom of Information Act (FOIA) request for documents pertaining to the the New Black Panthers case. Judicial Watch had secured many previously unavailable documents through their suit against DOJ and were now suing for attorneys’ fees.”

“The Court’s decision is another piece of evidence showing the Obama Justice Department is run by individuals who have a problem telling the truth,” Judicial Watch President Tom Fitton said. “The decision shows that we can’t trust the Obama Justice Department to fairly administer our nation’s voting and election laws.””
https://citizenwells.wordpress.com/2012/07/31/no-justice-in-obama-justice-dept-new-black-panther-party-dismissal-judicial-watch-obama-appointees-interfered-with-new-black-panther-prosecution/

Rod Blagojevich is in prison and his appeal process may drag on for many many months. Blagojevich was arrested after the 2008 election.

Tony Rezko, the kingpin of Chicago corruption, is in prison and was never called as a witness.

Stuart Levine, who began cooperating with the feds in 2004 and who knows almost as much about Obama’s corruption ties as Rezko, was recently sentenced.

Patrick Fitzgerald aggressively and promptly prosecuted former Republican Governor George Ryan.

Mutual Bank loan to Rezko’s for Obama lot purchase.

From No Quarter USA October 12, 2008.

“”Because I tend to rely on evidence and not on hearsay, I believe we should focus our attention on Amrish Mahajan and the Mutual Bank of Harvey, not on Giannoulias and the Broadway Bank, if we are to assign names to the financial institution about which Sneed of the Chicago Sun-Timeshas heard “rumblings.” Although Mahajan is not known to readers ofNo Quarter and to the national media, I imagine they will desire more information on the unscrupulous banker once they read the information I unpack below the fold. And yes, Obama is involved, deeply involved.”

My interest in Amrish Mahajan and the Mutual Bank of Harvey was picqued by this list of contributors in Rezko’s bundling network provided by the Chicago Sun-Times last March. View the second page of the document, and notice the following entry:

Last name First name Obama donations Rezko connection
Mahajan Amrish $2,500 Banker whose bank loaned money to Rezko companies. The bank also loaned Rezko’s wife money to buy a vacant lot next to Obama’s home.

The data available in the Sun-Times spreadsheet is corroborated by the following data, which is democratically available at the Federal Election Commission‘s website:

MAHAJAN, AMRISH
CHICAGO, IL 60607
MUTUAL BANK

OBAMA, BARACK
VIA OBAMA FOR ILLINOIS INC
12/20/2003 500.00 24020030170
04/14/2004 1000.00 24020461757

Not only was Mahajan a member of Rezko’s bundling network; his bank, the Mutual Bank of Harvey, granted Rita Rezko the $500,000 mortgage she neededin order to purchase the lot on which the Obama mansion in Chicago sits. As many of you may recall, the Obamas could not have purchased the mansion they could not afford unless transactions for the mansion and the lot closed on the same day. Obama needed to locate someone who would buy the lot, and he approached Rezko, the convicted slumlord with whom Obama toured the property before they mutually agreed to the following arrangement:

The home and lot sales closed on June 15, 2005. A land trust controlled by the Obamas bought the house for $1.65 million, and the Obamas secured a $1.32 million mortgage from Northern Trust to complete that purchase. That same day, Rezko’s wife, Rita Rezko, bought the side lot for $625,000. A $37,000- a-year Cook County employee, she secured a $500,000 mortgage from Mutual Bank of Harvey.

The structure of this transaction begs the following question: What bank would lend a government employee who earns $37,000 per annum a $500,000 mortgage? What bank would assume such a risk?

The Mutual Bank of Harvey, of course, for the Mutual Bank of Harvey’s President is a man who is deeply connected to the Chicago machine that backed Barack Obama. Indeed, Amrish Mahajan was one of Mayor Daley’s first political appointments in 1989, when he was named to a seat on Chicago’s Plan Commission, where he would be joined by Obama’s former boss and Rezko’s business partner Allison Davis and by Valerie Jarrett, Daley’s Chief of Staff whochaired the Commission from 1991-1995. Mahajan, in other words, worked with those who devised and profited from Daley’s failed public housing experiment in Chicago, a public housing policy Obama helped fund as state Senator and US Senator.

Rezko, according to the Boston Globe, was one of the major beneficiaries of Obama’s legislative advocacy for funding of Daley’s public housing experiment. Other major beneficiaries are Jarrett and Allison Davis. Mahajan was also a beneficiary, for his bank had made $3.4 million dollars in loans to Tony Rezko’s slum landlord business since 2002. A banker for one of the slumlords who benefitted from the Daley housing program Obama helped bankroll, Mahajan was returning a favor when he wrote a $500,000 mortgage in 2005 for the wife of one of his clients. Although Tony’s financial problems were mounting in 2005, and although Rita earned only $35,000 per annum, Mahajan underwrote the mortgage. Favors must be reciprocated, I guess, especially when one can satisfy two parties at once: the person with whom one has a complicated relationship in real estate and the politician who helped finance that complicated relationship as state Senator and US Senator.”

Read more:

http://www.noquarterusa.net/blog/5382/about-the-financial-institution-mentioned-in-the-sun-times-obama-tony-rezko-amrish-mahajan-the-kenwood-mansion-rita-rezko/

Kenneth J. Conner questioned the appraisal of the lot and was subsequently fired.

From Citizen Wells November 1, 2011.

“Here is what we know about the purchase of a lot by Barack and Michelle Obama from Rita Rezko in 2006:

1. “In June, 2005, Mutual Bank President and CEO Amrish Mahajan and
other Mutual Bank officers approved a loan to Rita Malki Rezko (Rita
Rezko) which was guaranteed by Antonin Rezko so that Rita Rezko could
purchase a 9,090 square foot vacant parcel of real estate at 5050 S.
Greenwood Avenue, Chicago.” (Conner lawsuit)

2. “On or about January 4, 2006, Rita Rezko entered into an
agreement with Senator Barack and Michelle Obama (Obamas) to sell a
ten-foot strip of the 5050 S. Greenwood property to the Obamas.”
(Conner lawsuit)

3. “In late 2005 or early 2006, Conner performed an appraisal review
of the Adams Appraisal (Exhibit C) per the directive of Richard Barth
and James Murphy. Conner prepared a written Appraisal Review report
(ARR) opining that the Adams Appraisal overvalued the Greenwood lot by
a minimum of $ 125,000.00 and that a reasonable and fair valuation for
Mutual Banks’s underwriting purposes should be no greater than $
500,000.00 for the entire 5050 S. Greenwood parcel as originally
purchased by Rita Rezko.” (Conner lawsuit)

4. “On or about October 19, 2006, Mutual Bank received a Grand Jury
Subpoena (GJS) requiring Mutual Bank to produce the Rezko 5050
Greenwood loan file, as well as a Rita Rezko Riverside District
Development LLC checking account and loan file.” (Conner lawsuit)

5. “In October, 2007, Conner had various communications with Mutual
Bank’s Human Resources Department representative, Lana Schlabach. In
an email communication of October 15, 2007, Conner directly referenced
“Resentment over my mentioned discovery of the removal/replacement of
an appraisal review that I conducted. That appraisal review contained
substantial observations and suggestions. The transaction and parties
involved were high profile in the media.I am under the impression that
the FBI has since looked at the file.”” On October 23, 2007, eight days after Conner’s October 15, 2007 email to Schlabach attached as Exhibit J, Mutual Bank terminated Conner’s employment for pretextual reasons.” (Conner lawsuit)

6. “On October 23, 2007, eight days after Conner’s October 15, 2007
email to Schlabach attached as Exhibit J, Mutual Bank terminated
Conner’s employment for pretextual reasons.” (Conner lawsuit)”

https://citizenwells.wordpress.com/2011/11/01/fdic-mutual-bank-lawsuit-reveals-rezko-obama-corruption-kenneth-j-conner-lawsuit-amrish-mahajan-richard-barth-where-did-rezkos-get-the-money/

The Conner lawsuit is still active.

That is all I can comment on at this time.

https://w3.courtlink.lexisnexis.com/cookcounty/Finddock.asp?DocketKey=CAAI0L0ABBEHA0LD

The FDIC has filed a lawsuit against Mutual Bank, Amrish Mahajan, Richard Barth, et al.

From Citizen Wells October 31, 2011.

“The FDIC is suing eight former directors, two officers and the bank’s lawyer.

The failure of the $1.7 billion-asset bank, which had 10 branches in
the Chicago area, is expected to cost the FDIC $775 million. From 2005
to 2009, the lender had nearly doubled in size, fueled by what would
turn out to be bad real estate loans, many of which were made to about
15 borrowers. Record-keeping was shoddy, and loan terms were changed
at closing with no board approval, the suit said. Mutual had become a
“lender of last resort for failed real estate projects,” particularly
in the hotel industry, the suit said.

One of the defendants, former bank president and board member Amrish
Mahajan, couldn’t be reached for comment.”
“5. Collectively, the Director Defendants and Officer Defendants
(“Director and Officer Defendants”) (a) recklessly implemented a
strategy of rapid asset growth through approving a high concentration
of risky CRE, ADC and out-of-area loans to a small concentration of
high-volume borrowers; (b) failed to implement appropriate
underwriting and credit administration practices; (c) ignored the
Bank’s loan policies; (d) ignored federal lending regulations; and (e)
disregarded warnings from the Bank’s regulators regarding the Bank’s
lending activities.”

https://citizenwells.wordpress.com/2011/10/31/mutual-bank-amrish-mahajan-richard-barth-fdic-lawsuit-kenneth-j-conner-whistleblower-vindication-obama-rezko-land-deal/

There was a status hearing on the FDIC lawsuit on July 19, 2012.

https://citizenwells.wordpress.com/2012/07/12/obama-land-deal-loan-president-mahajan-fdic-lawsuit-status-hearing-july-19-2012-judge-virginia-m-kendall-rezkos-sold-lot-to-obamas/

What is happening in this FDIC case that touches Obama?

The wheels of justice can turn slowly under normal circumstances. They appear to be mired in tar or stop completely when they touch Obama.