Wednesday, June 1, 2016

"Obama.... Hits A New Low"

George Leef: One remarkably brazen instance I recently learned about is his administration’s funneling of money from lawsuit settlements into the pockets of left-wing activist groups. It makes you wonder if there is anything this administration won’t try to get away with.
Following the collapse of the housing bubble, the federal government initiated several grandstanding, politically-motivated lawsuits against big banks for their allegedly fraudulent conduct with regard to secondary market mortgage-backed securities. Rather than fight the feds and their almost bottomless well of taxpayer dollars, several of the defendants decided to cut their losses and settle.
That enabled federal prosecutors to claim victory and wave some prominent scalps. Siphoning off billions of bank capital is bad enough, but the rule of law problem emerges in two of the settlement agreements, under which the banks (Citigroup and Bank of America) were able to reduce their penalties by making “donations” to favored left-wing activist groups.
Mollie Hemigway in the Federalist in 2014, exploring Vaclav Havel’s 1978 essay on Czechoslovakia under Soviet control, “The Power of the Powerless.” (source Link from Instapundit)
To explain how dissent works, Havel introduced the manager of a hypothetical fruit-and-vegetable shop who places in his window, among the onions and carrots, the slogan: “Workers of the world, unite!” He’s not actually enthusiastic about the sign’s message. It’s just one of the things that people in a post-totalitarian system do even if they “never think about” what it means. He does it because everyone does it. It’s what you do to get along in life and live “in harmony with society.” (For our purposes, you can imagine that slogan is a red equal sign that you put up on your Facebook page.)
The subtext of the grocer’s sign is “I do what I must do. I behave in the manner expected of me.” It protects him from supervisors above and informants below.
Havel is skeptical of ideology. He says that dictatorships can just use raw power, but “the more complex the mechanisms of power become, the larger and more stratified the society they embrace, and the longer they have operated historically … the greater the importance attached to the ideological excuse.” We don’t have a dictatorship, obviously, but we do have complex mechanisms of power and larger and more stratified society.
In any case, individuals need not believe the lies of an ideology so much as behave as though they do, or at least tolerate them in silence or get along with those who work with them. “For by this very fact, individuals confirm the system, fulfill the system, make the system, are the system,” Havel says.

7 comments:

edutcher said...

More like he's lived down to our expectations.

Be interesting if somebody came after him on this some day.

ricpic said...

"It makes you wonder..."

What's to wonder about? Obama's a GRIFTER! Our brilliant fourth estate doesn't realize this?!

Trooper York said...

This is not important. What is really important is how long it took Trump to distribute the 5 million he collected for the vets. How dare he delay to find out if the charities are reputable or take the time to spread it around to many different groups in time for Memorial Day! That bastard!

Methadras said...

It's funny, I had a twitter douche tell me that Obama was experienced to be president because he was a senator and a constitutional law professor. I don't even know how i kept my shit together to not laugh my ass off into a hospital.

Lem the artificially intelligent said...

Could the solicitude to be someone else come from a desire to conform?

AllenS said...

How long would it take to deposit $5 mil in relatively small donations over a period of time. How long does it take to count $5 mil?

Methadras said...

Allen,

If you do a daily deposit under the federal reporting limit of suspicious activity reporting under $5k then it will take you about 2.75 years to deposit $5 million.