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Darrell Issa Subpoenas Treasury Department Over Auto Bailout Documents

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Claiming that it has turned over “only a fraction” of the requested documents, House Oversight and Government Reform Committee Chairman Darrell Issa, R-Calif., sent a subpoena today to Treasury Secretary Jacob Lew regarding the 2009 taxpayer-funded $50 billion bailout of General Motors.

“Taxpayers deserve the full truth about how decisions were made to use their money in an Administration effort that resulted in protecting generous pensions for unionized Delphi employees while greatly diminishing benefits for non-unionized employees,” Issa said in the letter. The chairman has been investigating the matter since 2010.

For over a year, Treasury has slow-walked his document requests, he claimed.

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U.S. to Let Spy Agencies Scour Americans’ Private Financial Records

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Photo Credit: DonkeyHotey

The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.

The proposed plan represents a major step by U.S. intelligence agencies to spot and track down terrorist networks and crime syndicates by bringing together financial databanks, criminal records and military intelligence. The plan, which legal experts say is permissible under U.S. law, is nonetheless likely to trigger intense criticism from privacy advocates.

Financial institutions that operate in the United States are required by law to file reports of “suspicious customer activity,” such as large money transfers or unusually structured bank accounts, to Treasury’s Financial Crimes Enforcement Network (FinCEN). The Federal Bureau of Investigation already has full access to the database. However, intelligence agencies, such as the Central Intelligence Agency and the National Security Agency, currently have to make case-by-case requests for information to FinCEN.

The Treasury plan would give spy agencies the ability to analyze more raw financial data than they have ever had before, helping them look for patterns that could reveal attack plots or criminal schemes.

The planning document, dated March 4, shows that the proposal is still in its early stages of development, and it is not known when implementation might begin.

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Rand Paul Returns Money From Office Account To Treasury

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Photo Credit: Political TickerSen. Rand Paul cut another six-figure check to the United States Treasury Wednesday, taking the money he said he didn’t need from his office’s budget to make a tiny dent in the nation’s massive federal debt.

“We watch every purchase,” Paul, a Republican from Kentucky, said at an event next to an oversized check for $600,000. “We watch what computers we buy, what paper we buy, the ink cartridges. We treat the money like it’s our money, or your money, and we look at every expenditure.”

The $600,000 reflects more than 20% of Paul’s annual office budget, according to a press release. Another GOP lawmaker, Rep. Mick Mulvaney of South Carolina, said he would return $160,000 to the federal government, or 12% of his office budget.

“At a time when Americans are tightening their budgets, I have made an effort to do the same with my Congressional office budget,” Mulvaney wrote in a statement. “‘My office has found ways to save money while continuing to provide necessary services to the constituents of the Fifth District. As requested when I returned over $160,000 last year, I ask that Speaker Boehner use this money to pay down the national debt.”

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White House: Talk About Anything But Obama’s Record

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Photo Credit: Talk Radio News Service Creative Commons

Ever since the 2009 GM bailout by “progressive” big government ended the pensions of 20,000 retirees at Delphi auto parts manufacturing, the White House and the Department of Treasury have laid the blame on the steps of the Pension Benefit Guaranty Corporation.

Internal government emails have been obtained that show the U.S. Treasury Department, run by Timothy Geithner, was behind those termininations. All 20,000 of the pensions seem to have been ended strictly for the reason that those retirees did not belong to labor unions.

Perhaps the National Labor Relations Board was too busy preparing to harass another private sector company planning to hire non-union workers to get involved.

Meanwhile, Attorney General Eric Holder has yet to file any criminal charges against top Wall Street bankers with connections inside the Department of Justice or who had made political donations to the 2008 presidential campaign of the current White House occupant.

Over the years, both the Oval Office and Holder have talked tough, aggressively attacking big fat cat bankers, blaming their reckless speculation for the 2008 financial collapse. The Government Accountability Institute has found that Holder still has not “filed a single criminal charge against any top executive of an elite financial institution.”

All talk, no action. Sound tough for the union organized OWS crowd, but do nothing to upset potential campaign donors. The heck with credibility, the “progressive” Party Pravda will run interference for the re-election campaign.

Overseas, Iran has vowed it will not allow Assad to fall in Syria.

“Iran will never allow the resistance axis – of which Syria is an essential pillar – to break,” said Saeed Jalili, Iran’s Supreme National Security Council secretary. The “axis of resistance” includes Iran, Syria, Hezbollah and Hamas, all of which are anti-Western and openly hostile towards Israel and the United States.

Assad reassured Jalili by saying: “The Syrian people and their government are determined to purge the country of terrorists and to fight the terrorists without respite.”

If Assad is overthrown, Iran will lose influence over Syria and a crucial link to Hezbollah.

Could it be that Muslim Brotherhood influence over the White House has surreptitiously led to policies that support the creation of a regional Caliphate? What other way is there to logically explain policies that support rebellions to overthrow some Middle Eastern dictators, but not support rebellions hostile to the Iranian regime or its allies?

With so much baggage for the White House to carry through the campaign, their “Priorities” are to have their “progressive” allies run misleading ads that attempt to tie Mitt Romney to death.

Priorities USA Action, a super PAC supporting the Oval Office is running a new ad that blames Mitt Romney for a family losing health insurance which contributed to a woman dying from cancer.

It apparently makes no difference to the “progressive” super PAC that Romney left Bain Capital years before the GST Steel bankruptcy in 2001. In addition, the cancer casualty Ranae Soptic died in 2006, long after the GST plant had been closed.

In another move to distract attention away from the dismal economic performance of the White House, the Oval Office occupier was overheard whispering to a top fundraiser that GOP presidential challenger Mitt Romney wanted to name Gen. David Petraeus as his choice for Vice President.

The White House was more than happy to clutter the news cycle by dismissing the Drudge Report. Anything to keep the pathetic economic record of the White House out of the headlines will suffice.

Press Secretary Jay Carney reminded reporters to “be mindful of your sources” when asked about the Petraeus rumor. “I can say with absolute confidence, such an assertion has never been uttered by the president. And again be mindful of your sources” said Carney.

And so it goes for the most open, transparent White House in American history. They are more than happy to talk about anything but their own record.

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Michael Fell is a former MCA recording artist from the seminal punk rock era who toured America from coast to coast. Today, he’s a leading voice in the L.A. Tea Party movement, active since the February 2009 inception. Mr. Fell currently chairs the Westwood Tea Party, is a founding member of the L.A. Metro Tea Party Coalition, serves as the Vice Chairman of the Westside Republicans Club in L.A. CA, and is an elected Republican delegate to the L.A. 47th AD Central Committee. He’s been Campaign Manager for a primary winning Congressional candidate, as well as Santa Monica and L.A. City Council candidates. Mr. Fell is a contributing writer for https://conservativedailynews.com/, https://rightwingnews.com/, https://www.hollywoodrepublican.net/, https://beforeitsnews.com, https://www.redcounty.com/, https://www.uspatriotpac.com and, https://westsiderepublicans.com/. His opinions on today’s news events and political climate can be found on his blog: https://mjfellright.wordpress.com/