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BUSH SEC Official Claims Executive Privilege In Refusing to Answer Madoff Questions

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 06:26 PM
Original message
BUSH SEC Official Claims Executive Privilege In Refusing to Answer Madoff Questions
Edited on Thu Feb-05-09 06:28 PM by kpete
 
Run time: 06:36
https://www.youtube.com/watch?v=8PlLCKW4zuY
 
Posted on YouTube: February 04, 2009
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Posted on DU: February 05, 2009
By DU Member: kpete
Views on DU: 2095
 
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chollybocker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 06:39 PM
Response to Original message
1. Executive Wha?
It's the Ponzi Privelege.
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D-Lee Donating Member (457 posts) Send PM | Profile | Ignore Fri Feb-06-09 07:54 AM
Response to Reply #1
26. Very fishy -- see this article on what "executive privilege" means
http://www.brennancenter.org/content/resource/background_on_executive_privilege/

Yup, might well be that smelly fish are hidden here under "executive privilege" claim, especially when you consider the circumstances under which such a claim may be made (see article).
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Confusious Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 06:47 PM
Response to Original message
2. I don't how he can do that

Its Bullshit! and if I was a congress critter, and someone gave me a bullshit answer without saying anything, I'd say "your either ignorant, stupid or hiding the truth. Which is it?"
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 06:48 PM
Response to Original message
3. WTF did Vollmer do? Why is he so scared to answer?
Edited on Thu Feb-05-09 06:53 PM by aquart
And did their lawyer coach them to answer r e a l s l o w ?

Ackerman is my mommy's congressman.
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niceypoo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 06:54 PM
Response to Reply #3
5. Did Bush admin order them not to investigate scams?
Sure looking that way.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 06:58 PM
Response to Reply #5
6. But why?
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 11:40 PM
Response to Reply #6
14. Remember Poppy Bush . . . what was it he said by accident . . .
Edited on Thu Feb-05-09 11:45 PM by defendandprotect
"Oh, what a wonderful recession!" . . . . ??? something like that !

When what he meant to say was "Oh, what a wonderful reception!"

Well, for Republicans, a Depression would be even better ---

Plus people like them get to make off with a lot of money ---

And the losers, like Massachusetts -- a liberal state --- not much to their liking!

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niceypoo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 06:54 PM
Response to Original message
4. The remnants of the Bush regime have degenerated into a bad SNL skit
The legal ice they are floating on is melting, cant wait to see them flailing in the water.
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Bolo Boffin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 07:00 PM
Response to Original message
7. Wow.
Just wow.
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NOW tense Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 07:33 PM
Response to Original message
8. Madoff bought them including Bush and Cheney.
People should see what went into Vollmer's account.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 11:44 PM
Response to Reply #8
15. " People should see what went into Vollmer's account" ....
Do you know -- does anyone know?
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-06-09 01:26 AM
Response to Reply #15
23. No; this is pure B.S.
He, and the others, happen to be heads of offices at SEC now, so they were stuck having to appear. SEC surely screwed up, and these were asked 'how do you do business.' They tried to explain in general ways, and some were more clear than others. Few if any over there probably have figured out what actually happened to the tip-offs.
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DUlover2909 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-06-09 03:29 AM
Response to Reply #8
24. That's something I dumbly didn't think of.
I wonder if they were paid off. Good point.
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boomerbust Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 08:33 PM
Response to Original message
9. One more time
Bush and Cheney have a billion or two waiting for them somewhere.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 11:45 PM
Response to Reply #9
16. Obviously, SECRET Swiss Bank accounts are a threat to democracy . . .
Of course, it could be anywhere, any way --

I'm sure these criminals have advanced ways of laundering money and

hiding it.

But . . . somewhere there must be some breadcrumb trails to following the money???

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Caretha Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 08:45 PM
Response to Original message
10. If I ever saw the case made
for what went on during the French revolution, and why it happened, that just made it. No wonder they stormed the Bastille, no wonder why they yelled "off with their heads". This woman & man made the case for that as a modern time event all by themselves. They really don't get it, or how angry the populace can get.
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 08:56 PM
Response to Original message
11. Their objections are because the matters are under investigation;
they can't discuss the facts of pending cases. Shouldn't be so difficult for people (like ackerman) to understand.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 11:52 PM
Response to Reply #11
17. That's ridiculous . .. they were asking them about procedures. . .
how they followed the leads. Who determined they weren't worthy.

Obviously, these people were beginning to get frightened --- but they had

been selected because they are good at saying nothing. I'd say they're not

entirely secure in their belief that they'll be protected by those who put

them up to not investigating. Evidently, the Chairman, got pretty pissed when

some one of them began to suggest that they didn't have to appear -- didn't have

to answer questions from Congress. There's a lot of that garbage that Bush/Cheney

people circulated and their followers quickly took up and into their hearts!


It's more than just being frightened that this powerful guy could destroy

their careers . . . because they could have turned whistleblower, as well, had

they had any consciences and any real concern for the nation and the people.

I don't think that was the problem . . . . I think the instructions from Bush/Cheney

were the problem.



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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 09:48 PM
Response to Original message
12. I love that Ackerman cut thru the BS the way he did.
Ihave not seen a hearing that riveting since Gonzales, and Lorita Doan.

Didn't you get the impression these SEC guys were trying to hard to cover up the fact they have done ZERO for their paychecks for years.?
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 11:57 PM
Response to Reply #12
20. Yes . . . on the cover . . . which looked a little shaky to me as the questions
went on --

These people are nervous -- probably with good cause.

I think they know they are vulnerable --

At least two from SEC went on to work for Madoff???

Doesn't look like it would take much to collapse this whole thing on them.



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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-06-09 01:21 AM
Response to Reply #12
22. Yeah,
nice and rude.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 11:38 PM
Response to Original message
13. Ackerman was terrific -- kinda like the old days with Democrats who acted ...
like Democrats --

It was interesting to see that slight hint picked up by Ackerman ---

I would have liked to have heard a question about WHERE, WHEN, WHO had discussed

this and with WHOM . . . !!!

This guy didn't dream this up himself.

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Poll_Blind Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 11:54 PM
Response to Original message
18. I hope they make a hat and handbags outta that little shit.
PB
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Iwillnevergiveup Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 11:56 PM
Response to Original message
19. Boy, I'd like to watch this whole thing
These 2 folks really did drag out their answers. I think it was partly an effort to lecture the congressman, but also to get and stay off his very pointed questions.

S - Sickening
E - Egregious
C - Claptrap
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-09 11:58 PM
Response to Original message
21. Does anyone know if the SEC people had to TAKE THE OATH .... ????
I don't think so --- they should have had to take it ---

I think we would have seen very much more nervous people had they been under oath.

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lostnotforgotten Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-06-09 04:44 AM
Response to Original message
25. Just A Sad Reflection That The American Public Has Been Scammed Since Reagan
eom
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-06-09 10:32 AM
Response to Original message
27. May his pecker shrivel up and fall off.
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