Friday, August 10, 2012

Anti-Business, Anti-Capitalism America Hating Obama Administration Strikes Again

Will Not Charge Goldman Sachs with Any Wrong Doing From the Mortgage Crisis

To listen to the critics, Mr. Obama and his administration just hates business.  Never mind the huge increase in the stock market, never mind the gargantuan increases in corporate profits, the Obama people just cannot stand the free enterprise system and are doing everything in their power to ruin it.

So it is no surprise that the Justice Department will not charge Goldman Sachs or any of its employees with breaking the law with respect to their dealings in the financial meltdown.

After a year-long investigation, the Justice Department said Thursday that it will not bring charges against Goldman Sachs Group Inc.  or any of its employees for financial fraud related to the mortgage crisis.

In a statement released Thursday, the Justice Department said "the burden of proof" couldn't be met to prosecute Goldman criminally based on claims made in an extensive report prepared by a U.S. Senate panel that investigated the financial crisis.

"Based on the law and evidence as they exist at this time, there is not a viable basis to bring a criminal prosecution with respect to Goldman Sachs or its employees in regard to the allegations set forth in the report," the statement read.

The Justice Department reserved the right to bring charges in the future if new evidence emerges.

See that is what Commie loving, freedom hating people like Mr. Obama do.  When they do not have evidence to support a charge they don’t bring the charge.  That’s how like the enemies of freedom always act, upholding the rule of law and opting for due process. 


  1. Maybe declining to prosecute Goldman really is a sign that the administration hates free markets, since Goldman and institutions like it are immensely destructive to free markets.