Obama Adm. Hit With $43 Trillion Lawsuit

Bad news for Obama –  MarketWatch has reported that the Spire Law Group’s homeowners’ lawsuit, pending in the federal court in Brooklyn, New York,  known as the largest money laundering and rackateering lawsuit in U.S. history,  have identified the $43 trillion of laundered money by the “Banksters” and their U.S. racketeering partners and joint ventures.

The lawsuit, filed against senior members of the Obama administration and the New York group known as the “Banksters,”  is seeking the return of $43 trillion, an audit of  the Fed and an audit of all the TARP programs by an independent receiver as well as a halt to all foreclosures nationwide until the cash is returned.

The independent audit the lawsuit is seeking of the TARP Program stems from a report by the former Inspector General of the bailout program, Neil Barofsky, who is countering the claims made by Obama, both publicly and privately, to Congress that all the money had been repaid.  Barofsky asserts that none of the money advanced by the Treasury has ever been paid back.

The Plaintiffs have established the location of the $43 trillion of “laundered money” in a criminal racketeering enterprise participated in by:

  1. Eric Holder, Attorney General,
  2. Tony West, Assistant Attorney General,
  3. Kamala Harris,
  4. Jon Corzine, former New Jersey Govenor,
  5. Robert Rubin, former Treasury Secretary and “Bankster”,
  6. Timothy Geitner, Treasury Secretary,
  7. Vikram Pandit, former chairman of the Board of Citigroup,
  8. Valerie Jarrett, Senior White House Advisor,
  9. Antia Dunn, former White House Communication Director,  and,
  10. Robert Baueras, husband of Anita Dunn and Chief Legal Council for Obama’s re-election Campaign.

The lawsuit alleges that the Obama administration actively borrowed money from these “Banksters” to fund Obama’s 2012 political campaign and has not pursued any criminal charges against them for money laundering.  The suit also claims multiple violations of the U.S. Patriot Act, the Policy of Embargo Against Iran and Countries Hostile to the Foreign Policy of the U.S. and the Racketeer Influenced and Corrupt Organizations Act (RICCO), along with other state and federal laws.

According to the lawsuit, the havens for the money laundering schemes and certain of the names and places of these entities are located in such venues as Switzerland, the Isle of Man, Luxenbourg, Malaysia, Cypress and entities controlled by governments adverse to the interests of the United States and are identified in both the United Nations and the U.S. Senate’s recent reports on international money laundering.

The Spire Law Group claims that it is now beyond dispute that, while the Obama administration was publicly encouraging loan modifications for homeowners by “Banksters,” it was privately ratifying the formation of these shell companies in violation of the U.S. Patriot Act and state and federal laws.  They further allege that through these obscure foreign companies, Bank of America, J.P. Morgan, Wells Fargo, Citibank, Citigroup, One West Bank and numerous other federally chartered banks stole trillions of  of home owners’ and taxpayers’ money during the last decade and then laundered it  through offshore accounts.

James Fiedler, Managing Partner of Spire Law Group said “it is hard for me to believe as a 47 year lawyer that our nation’s guardians have been unwilling to stop this theft.”

This should be a very interesting case.   I find it hard to believe that a practicing attorney could be surprised by anything politicans do. My only question would be – why is Obama’s name not on the list?


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3 comments for “Obama Adm. Hit With $43 Trillion Lawsuit

  1. Jim Rainbolt
    November 29, 2012 at 9:57 am

    It will be like everything else, nothing will happen over it. They get away with everything……

  2. Anne Edwards
    December 4, 2012 at 12:34 pm

    Jim, I agree. No one in the upper administration of this government has ever been as slippery as Obama. Everything just slides off his back. Even if everyone close to him is convicted they will keep him out of it, someway.

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