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President Obama Falsely Claims Fast and Furious Program “Begun Under the Previous Administration” - ABC News: Agree?

Heisenberg 2012/09/21 18:54:14
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ABCNEWS.GO.COM reports:
Paul Sakuma/AP Photo Asked about the Fast and Furious program at the Univision forum on Thursday, President Obama falsely claimed that the program began under President George W. Bush. “I think it’s important for us to understand that the Fast and Furious program was a field-initiated program begun under the previous administration,” the president said. “When Eric Holder found out about it, he discontinued it. We assigned a inspector general to do a thorough report that was just issued, confirming that in fact Eric Holder did not know about this, that he took prompt action and the people who did…


assigned inspector general report issued confirming eric holder action people

Read More: http://abcnews.go.com/blogs/politics/2012/09/presi...

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  • none 2012/09/21 19:21:28
    Disagree
    none
    +10
    The Bush administration had a plan called "Wide Receiver" the guns were marked with tracking devices and the Mexican govt, knew about it. There were problems with the tracking and the plan was scrapped. Obama's plan had no tracking devices and the Mexican govt. knew NOTHING about it. Obama is a God Damn LIAR, "Fast and Furious" is his plan and no one else. All he's doing is trying to cover his useless ass and blame Bush as usual, it's all he's got when he can't play the race card.

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  • Daniel 2012/09/21 22:05:08
    Disagree
    Daniel
    +1
    PASS THIS ALONG, AS I THOUGHT IS WAS VERY VERY GOOD.

  • jerry 2012/09/21 21:39:54
    Disagree
    jerry
    +1
    liar


    I'm surprised he didn't claim "executive priveledge" with the interviewer.
  • Hawkeye 2012/09/21 21:34:11
    Disagree
    Hawkeye
    +2
    Not ONLY was "Wide Reciever " ended two years before Obama became President and almost THREE years before "Fast and Furious " got started but the Obama Administration was FULLY briefed on "Wide Reciever" during the transition period.. Obama was fully AWARE of what "Wide Reciever" WAS.. WHAT they wanted to accomplish and WHY it was ended and he went ahead with Fast and Furious with even LESS safeguards..

    And I don't think that it's a COINCIDENCE that both Hillary and Obama were out there making speeches blamming America's lack of Gun Laws for Mexican Gun Violence during the SAME month ( October 2009 ) that Fast and Furious was begun....

    It is roughly the SAME span of time that separates the inauguration of Obama and the "Fast and Furious " operation and the time between the inauguration of Bush and 9/11..

    ANybody EVER remember Bush comning out and saying that 9/11 was CLinton's fault?? SOme Bloggers have but NEVER Bush..

    THIS is the difference between a PRESIDENT and a COMMUNITY AGITATOR masquerading as one....
  • boredco... Hawkeye 2012/09/21 23:13:39
    boredcolliedogBringMarianneBack!
    Excellent!
    The more of posts I read of yours the more I appreciate your username.
    You are always laser focused on the topic at hand.

    hawk eye
  • Hawkeye boredco... 2012/09/21 23:35:04
    Hawkeye
    +1
    Thank You.. A Stunning but not totally unexpected contrast to the kinds of responses that I get from the other side..

    ROFLMAO..

    Refeshing.. And ALWAYS appreciated..
  • boredco... Hawkeye 2012/09/21 23:37:27
    boredcolliedogBringMarianneBack!
    They suck.
  • zapped Hawkeye 2012/09/21 23:47:29
    zapped
    the liberal masses are hopelessly hypnotized now !

    and will believe everything he says !

    we know better ,,and can continue to remind them ,, but oh well !
  • exhon2009 2012/09/21 21:33:32
    Disagree
    exhon2009
    Now that the report is out it will be interesting to see if the follow up reveals a cover up leading to and including Holder. Holder is the least competent, most racist AG in my lifetime and there have been some pretty bad ones including Janet The Butcher of Waco Reno and Alberto Gonzales.
  • ed 2012/09/21 21:23:15
    Disagree
    ed
    obama is trying real hard to pass the buck on this one but do I have some bad news for him.IT AIN'T HAPPENING YOU AND HOLDER OWN THIS LOCK STOCK AND BARREL ALONG WITH A FEW OTHERS.
  • John BNO 2012/09/21 20:59:45
    Disagree
    John BNO
    I guess that I can both agree and disagree. It seems that the Fast and Furious program was up an running in 2009 by the ATF Phoenix office so it would be logical to estimate that it was conceived during the time of Bush because it is listed as a "field requested" program and we all know how long it takes for government to act on recommendations and requests.
  • Maddog 2012/09/21 20:50:25
    Disagree
    Maddog
    +1
    I suppose there are some gullible people who would believe this glib liar, but there are major differences between "Wide Receiver" instituted during the Bush administration and "Fast and Furious" carried out under Obama.

    Wide Receiver - The number of guns used in the operation from the beginning until the end of the operation was 300. Fast & Furious - The number of guns used in the operation from the beginning until the end of the operation was 2,000.

    Wide Receiver - Guns were traced with miniature GPS devices inserted inside the guns. Fast & Furious - No tracking devices were used.

    Wide Receiver - ATF agents were ordered to follow the gun smugglers from the gun store to the US/Mexico border. Fast & Furious - ATF agents were ordered to stand down and not follow the gun smugglers after they left the gun store.

    Wide Receiver - Mexican army and police was in the loop about Wide Receiver. They took over the surveillance of the gun smugglers after they crossed with the guns in Mexico. Fast & Furious - Mexican authorities were kept in the dark by the ATF and the US DOJ. They had no idea about Fast & Furious and the fact that guns provided to gun smugglers by the American authorities were "walked" in Mexico into the hands of drug cartel murderers.

    Wide Receiver - When a small number ...
    I suppose there are some gullible people who would believe this glib liar, but there are major differences between "Wide Receiver" instituted during the Bush administration and "Fast and Furious" carried out under Obama.

    Wide Receiver - The number of guns used in the operation from the beginning until the end of the operation was 300. Fast & Furious - The number of guns used in the operation from the beginning until the end of the operation was 2,000.

    Wide Receiver - Guns were traced with miniature GPS devices inserted inside the guns. Fast & Furious - No tracking devices were used.

    Wide Receiver - ATF agents were ordered to follow the gun smugglers from the gun store to the US/Mexico border. Fast & Furious - ATF agents were ordered to stand down and not follow the gun smugglers after they left the gun store.

    Wide Receiver - Mexican army and police was in the loop about Wide Receiver. They took over the surveillance of the gun smugglers after they crossed with the guns in Mexico. Fast & Furious - Mexican authorities were kept in the dark by the ATF and the US DOJ. They had no idea about Fast & Furious and the fact that guns provided to gun smugglers by the American authorities were "walked" in Mexico into the hands of drug cartel murderers.

    Wide Receiver - When a small number of guns (30-40) were lost due to the malfunctioning GPS tracking devices operation Wide Receiver was immediately aborted and cancelled. Fast and Furious - Operation continued even after ATF and DOJ lost track of all 2,000 guns sold to Mexican drug cartels.
    (more)
  • safari 2012/09/21 20:37:15
    Agree
    safari
    +1
    I'm not sure what I am agreeing with - it was not begun under the previous admin. That obama lies is typical and expected. That ABC reported it is stunning.
  • Sgt Major B 2012/09/21 20:34:27
    Disagree
    Sgt Major B
    +2
    Obama is an unmitigated liar.
  • Roger 2012/09/21 20:24:57
    Disagree
    Roger
    +2
    5trillion in one term? Bush did it
    8.3% unemployment? Bush did it
    Worthless money? Bush did it
    1 out of 7 americans on food stamps? Bush did it
    You see even though bush is no longer pres he is still running around the country doing all these horrible things.
  • Max 2012/09/21 20:19:52
    Disagree
    Max
    +3
    When I first saw that headline on Twitter, I couldn't believe the link was to ABC. Anyway, it's standard operating procedure for the liar in chief.
  • mimi 2012/09/21 20:15:09
    Agree
    mimi
    +1
    Been keeping up very closely with this one. It started under Obama's regime. And I will add that Obama and Holder need to be put under the jail. The buck always stops at the top!!
  • Justagirl 2012/09/21 19:59:35 (edited)
    Agree
    Justagirl
    +2
    Amazingly, all he has to do is say it is so and the lame (m)asses consider it the gospel truth.
  • BigEyedFish 2012/09/21 19:50:28
    Disagree
    BigEyedFish
    The sad thing is, there are people out there who will believe anything he says! and they check no other source! They have no inspiration to find out for themselves anything, let alone an event that didn't affect their life personally.
    And I purposely switch each day from CNN, MSNBC and FOX to see how differently they're covering the story and it is amazing! and I know that the local news in Philly doesn't cover politics at all!!
  • Jackie G - Poker Playing Pa... 2012/09/21 19:22:56
    Disagree
    Jackie G - Poker Playing Patriot
    +4
    He is lying again - the Bush program was ended in 2007 when it was determined that the bad guys were removing the trackers. It was ended and dead.

    Jesus, can they own anything they do ever - sick to death of their lies.
  • none 2012/09/21 19:21:28
    Disagree
    none
    +10
    The Bush administration had a plan called "Wide Receiver" the guns were marked with tracking devices and the Mexican govt, knew about it. There were problems with the tracking and the plan was scrapped. Obama's plan had no tracking devices and the Mexican govt. knew NOTHING about it. Obama is a God Damn LIAR, "Fast and Furious" is his plan and no one else. All he's doing is trying to cover his useless ass and blame Bush as usual, it's all he's got when he can't play the race card.
  • Jackie ... none 2012/09/21 19:23:42
    Jackie G - Poker Playing Patriot
    +4
    Yes he is - I am sick of this lying
  • none Jackie ... 2012/09/21 19:53:14
    none
    +2
    I don't understand why the whole country including liberal supporters aren't sick of it too.
  • zapped none 2012/09/21 23:43:45
    zapped
    +1
    the liberal supporters are subliminally programmed "HYPNOTIZED " to believe every word from his mouth ...

    as was the hitlerites in germany ,,,soetoro read his plan book and has implemented his agenda !....these dumbassedly obamabotsare are helplessly hypnotized to believe him !

    there is little hope left now to reprogram them ,,we can continue to remind them there programmed ,,,but they've become enraged with these daily reminders !
  • Informe... none 2012/09/21 19:58:38
    Informed Voter
    +3
    I do so wish the press would tell the truth!

    don t believe the liberal media
  • none Informe... 2012/09/21 19:59:46
    none
    +2
    They're in his pocket bought and paid for, don't hold your breath.
  • Informe... none 2012/09/21 20:02:24
    Informed Voter
    +2
    That's why it's so important that WE keep hammering the truth in forums like this.
    People (esp. our liberal brothers and sisters) MUST wake up!!!

    Just for instance, here's a proper vetting of Obama's so-called Jobs bill... that isn't:

    Since our esteemed members of the fourth estate and our politicians seem destined to skirt, deflect, and otherwise avoid the straightforward questions that surround this flawed piece of legislation by either Obama or a complicit media regarding the so-called “Jobs” bill that isn’t, allow me to explore them for you.
    Reference the inappropriately labeled legislation called S. 1660, the American Jobs Act of 2011

    Q) What is the so-called "Payroll Tax Holiday Period?"
    Answer
    DEFINITIONS.— PAYROLL TAX HOLIDAY PERIOD.—The term ‘‘payroll tax holiday period’’ means calendar year 2012. S. 1660, page 11.


    Q) WHY is the so-called "tax cut" for the middle class ONLY for 2012 and then their tax burden is restored to the previous level on January 1, 2013?

    Answer
    Isn’t 2012 an election year? This portion of the legislation is nothing more than a carrot and the DNC is hoping that the temporary funding for jobs will whet the appetite of an unsuspecting electorate long enough to forget that it was the Democrat’s job-killing policies—enacted as far back as the Community R...






























































































































































    That's why it's so important that WE keep hammering the truth in forums like this.
    People (esp. our liberal brothers and sisters) MUST wake up!!!

    Just for instance, here's a proper vetting of Obama's so-called Jobs bill... that isn't:

    Since our esteemed members of the fourth estate and our politicians seem destined to skirt, deflect, and otherwise avoid the straightforward questions that surround this flawed piece of legislation by either Obama or a complicit media regarding the so-called “Jobs” bill that isn’t, allow me to explore them for you.
    Reference the inappropriately labeled legislation called S. 1660, the American Jobs Act of 2011

    Q) What is the so-called "Payroll Tax Holiday Period?"
    Answer
    DEFINITIONS.— PAYROLL TAX HOLIDAY PERIOD.—The term ‘‘payroll tax holiday period’’ means calendar year 2012. S. 1660, page 11.


    Q) WHY is the so-called "tax cut" for the middle class ONLY for 2012 and then their tax burden is restored to the previous level on January 1, 2013?

    Answer
    Isn’t 2012 an election year? This portion of the legislation is nothing more than a carrot and the DNC is hoping that the temporary funding for jobs will whet the appetite of an unsuspecting electorate long enough to forget that it was the Democrat’s job-killing policies—enacted as far back as the Community Reinvestment Act of 1977—that got us here in the first place.


    Q) Why is Obama harping on "Buy American" bandwagon to placate the Iron, Steel, and manufactured goods industries, yet written in the bill is the government's admission that American Iron, Steel and manufactured goods could cost 25 percent or more than non-US Iron, steel and manufactured goods, AND it provides the government the ability to waive "Buy American?"

    Answer
    This one is puzzling, since the UNIONS (the Steel Workers Unions for one) who gave Democrats millions in donations are the ones getting screwed by these paragraphs:

    SEC. 4. BUY AMERICAN—USE OF AMERICAN IRON, STEEL, AND MANUFACTURED GOODS.

    (a) None of the funds appropriated or otherwise made available by this Act may be used for a project for the construction, alteration, maintenance, or repair of a public building or public work unless all of the iron, steel, and manufactured goods used in the project are produced in the United States.

    (b) Subsection (a) shall not apply in any case or category of cases in which the head of the Federal department or agency involved finds that—
    (1) applying subsection (a) would be inconsistent with the public interest;[and exactly HOW is this measure defined? The bill does not say!]
    (2) iron, steel, and the relevant manufactured goods are not produced in the United States in sufficient and reasonably available quantities and of a satisfactory quality; or
    (3) inclusion of iron, steel, and manufactured goods produced in the United States will increase the cost of the overall project by more than 25 percent.

    (c) If the head of a Federal department or agency determines that it is necessary to waive the application of subsection (a) based on a finding under subsection (b), the head of the department or agency shall publish in the Federal Register a detailed written justification as to why the provision is being waived.

    (d) This section shall be applied in a manner consistent with United States obligations under international agreements. S. 1660, pages 6-7.

    Translation: If the United States obligations under international agreements are in conflict with this bill, the international agreement wins out over this legislation!


    Q) What does the government's PERMANENT appropriation of D-Block Broadband Network frequencies (that are populated by wireless and internet communication) for the laughable purpose of "public safety" have to do with a JOBS bill? And WHY is the FCC being granted a PERMANENT extension of Auction authority for such broadband licenses in a so-called JOBS bill?

    Answer
    PUBLIC SAFETY RESEARCH AND DEVELOPMENT.—After approval by the Office of Management and Budget of a spend plan developed by the Director of NIST, a Wireless Innovation (WIN) Fund of up to $300,000,000 shall be made available for use by the Director of NIST to carry out the research program established under section 296 and be available until expended. S. 1660, page 238.

    SEC. 271. DEFINITIONS.
    In this subtitle, the following definitions shall apply:

    (1) 700 MHZ BAND.—The term ‘‘700 MHz band’’ means the portion of the electromagnetic spectrum between the frequencies from 698 mega hertz to 806 megahertz.

    (2) 700 MHZ D BLOCK SPECTRUM.—The term ‘‘700 MHz D block spectrum’’ means the portion of the electromagnetic spectrum frequencies from 758 megahertz to 763 megahertz and from 788 mega hertz to 793 megahertz. S. 1660, page 162.

    PART I—AUCTIONS OF SPECTRUM AND SPECTRUM MANAGEMENT
    SEC. 272. CLARIFICATION OF AUTHORITIES TO REPURPOSE FEDERAL SPECTRUM FOR COMMERCIAL PURPOSES.
    (a) Paragraph (1) of subsection 113(g) of the National Telecommunications and Information Administration Organization Act (47 U.S.C. 923(g)(1)) is amended by striking paragraph (1) and inserting the following:

    ‘‘(1) ELIGIBLE FEDERAL ENTITIES.—Any Federal entity that operates a Federal Government station authorized to use a band of frequencies specified in paragraph (2) and that incurs relocation costs because of planning for a potential auction of spectrum frequencies, a planned auction of spectrum frequencies or the reallocation of spectrum frequencies from Federal use to exclusive non-Federal use, or shared Federal and non-Federal use may receive payment for such costs from the Spectrum Relocation Fund, in accordance with section 118 of this Act. For purposes of this paragraph, Federal power agencies exempted under subsection (c)(4)
    25 that choose to relocate from the frequencies identified for reallocation pursuant to subsection

    (a), are eligible to receive payment under this paragraph.’.

    (b) ELIGIBLE FREQUENCIES.—Section 113(g)(2)(B) of the National Telecommunications and Information Administration Organization Act (47 U.S.C. 923(g)(2)) is amended by deleting and replacing subsection (B) with the following:

    (B) any other band of frequencies reallocated from Federal use to non-Federal or shared use after January 1, 2003, that is assigned by competitive bidding pursuant to section 309(j) of the Communications Act of 1934 (47 U.S.C. 309(j)) or is assigned as a result of later legislation or other administrative direction.’’. S. 1660, page 165-6.

    Subtitle H—National Wireless Initiative
    Sec. 271. Definitions.
    PART I—AUCTIONS OF SPECTRUM AND SPECTRUM MANAGEMENT
    Sec. 272. Clarification of authorities to repurpose Federal spectrum for commercial purposes.
    Sec. 273. Incentive auction authority.
    Sec. 274. Requirements when repurposing certain mobile satellite services spectrum
    for terrestrial broadband use.
    Sec. 275. Permanent extension of auction authority.
    Sec. 276. Authority to auction licenses for domestic satellite services.
    Sec. 277. Directed auction of certain spectrum.
    Sec. 278. Authority to establish spectrum license user fees.
    PART II—PUBLIC SAFETY BROADBAND NETWORK
    Sec. 281. Reallocation of D block for public safety.
    Sec. 282. Flexible use of narrowband spectrum.
    Sec. 283. Single public safety wireless network licensee.
    Sec. 284. Establishment of Public Safety Broadband Corporation.
    Sec. 285. Board of directors of the corporation.
    Sec. 286. Officers, employees, and committees of the corporation.
    Sec. 287. Nonprofit and nonpolitical nature of the corporation.
    Sec. 288. Powers, duties, and responsibilities of the corporation.
    Sec. 289. Initial funding for corporation.
    Sec. 290. Permanent self-funding; duty to assess and collect fees for network use.
    Sec. 291. Audit and report.
    Sec. 292. Annual report to Congress.
    Sec. 293. Provision of technical assistance.
    Sec. 294. State and local implementation.
    Sec. 295. State and Local Implementation Fund.
    Sec. 296. Public safety wireless communications research and development.
    Sec. 297. Public Safety Trust Fund.
    Sec. 298. FCC report on efficient use of public safety spectrum.
    Sec. 299. Public safety roaming and priority access. S. 1660, page 4.


    What are the frequencies that make up the broadband for wireless cell phones and the internet? You got it! Block D. And WHAT does any of these paragraphs above have to do with Jobs?

    They Don’t! It has everything to do with trying to institute the Fairness Doctrine to silence any critics of this Regime! When the Republicans are given the opportunity to return principled leadership to the government in 2013, do you seriously want them to have this power?


    Q) Why, out of $447 Billion dollars of spending contained in this bill, that ONLY $5 Billion is TEMPORARILY allocated to so-called low income youth and adults jobs... and that allocation--to be applied for no later than December 31, 2012--is only good for 9 months (January to the end of September, 2013)?

    Answer
    The so-called low income youth and adult jobs aren’t the ONLY areas to which a mere fraction of the $447 Billion is TEMPORARILY allocated (That’s right, Mr. Biden, I said it because it’s the truth!);

    Section 101 – Temporary Payroll Tax Cut for Employers, Employees, and the Self-Employed. This section extends and expands the existing temporary reduction in payroll taxes. For calendar year 2012, it: (a) further reduces the Old Age, Survivors and Disability Insurance (social security) portion of the payroll tax that was paid by employees during 2011 from 4.2 percent (reflecting the existing 2 percent temporary reduction from the permanent rate) to 3.1 percent; and (b) adds a new reduction in the portion of this tax that is paid by employers from 6.2 percent to 3.1 percent. S. 1660, pages 8-18.

    Small businesses receive a TEMPORARY extension of “100 PERCENT BONUS DEPRECIATION FOR CERTAIN BUSINESS ASSETS, by increasing their “surety bonds” from $2 million to $5 million… but only until September 30, 2012!

    FUNDING.—There is appropriated out of any money in the Treasury not otherwise appropriated, $3,000,000, to remain available until expended, for additional capital for the Surety Bond Guarantees Revolving Fund, as authorized by the Small Business Investment Act of 1958, as amended. S. 1660, pages 18-19.

    SUNSET.—The amendments made by subsections (a) and (b) of this section shall remain in effect until September 30, 2012. S. 1660, page 19.

    Under Title II, Putting workers back on the job:

    A) Vets - under this section will have their tax credits increased from $4,800 to $24,000 for each qualified veteran. This section also creates two new hiring credits for veterans.

    B) Teachers – Along with limited infrastructure funding, there are appropriations for States—who only follow the rules outlined in the title—to receive their share of the allocated $30 Billion to the Secretary of the Interior? Oh, perhaps this is why this appropriation is managed under the supervision of the Interior Secretary rather than the Education Secretary:

    (b) WAIVER.—The Secretary may waive the requirements of this section if the Secretary determines that a waiver would be equitable due to—
    (1) exceptional or uncontrollable circumstances, such as a natural disaster; or
    (2) a precipitous decline in the financial resources of the State. S. 1660, page 35.

    Additionally, this funding ENDS after election year 2012, but no supporter of this bill is talking about that now are they? And once these hires go into effect, who will be on the hook once the federal spigot stops flowing? That responsibility will fall back on the States—and by necessity—the State’s taxpayers!

    There are authorized to be appropriated, and there are appropriated, $30,000,000,000 to carry out this subtitle for fiscal year 2012. S. 1660, page 36.

    C) First responders – Let’s see now… ONLY $5 Billion is allocated out of $447 Billion—just over 1%—of the total cost of this bill, shall go toward hiring, rehiring, or retention? Hardly! The legislation only provides $1 Billion, managed by the Attorney General, Eric Holder, for such hiring, rehiring, or retention! And ONLY for fiscal year 2012! So, if we are to understand what our intrepid Vice President Biden vigorously asserted when he accused the GOP of encouraging the increase of “rapes” if the bill was not passed, then certainly there shall be an increase in such crimes after the funding for additional First Responders, expires on October 1, 2012? Talk about an October Surprise!!

    SEC. 215. APPROPRIATIONS.
    There are hereby appropriated to the Community Oriented Policing Stabilization Fund out of any money in the Treasury not otherwise obligated, $5,000,000,000, to remain available until September 30, 2012, of which $4,000,000,000 shall be for the Attorney General to carry out the competitive grant program under Section 214; and of which $1,000,000,000 shall be transferred by the Attorney General to a First Responder Stabilization Fund from which the Secretary of Homeland Security shall make competitive grants for hiring, rehiring, or retention pursuant to the Federal Fire Prevention and Control Act of 1974 (15 U.S.C. 2201 et seq.), to carry out section 34 of such Act (15 U.S.C. 2229a). In making such grants, the Secretary may grant waivers from the requirements in subsections (a)(1)(A), (a)(1)(B), (a)(1)(E), (c)(1), (c)(2), and (c)(4)(A) of section 34. Of the amounts appropriated herein, not to exceed $8,000,000 shall be for administrative costs of the Attorney General, and not to exceed $2,000,000 shall be for administrative costs of the Secretary of Homeland Security. S. 1660, page 37-8.

    Pathways back to work – Yet, another bait-and-switch scheme to sucker in States to establish jobs in their respective states funded by the federal government… but only until September 30, 2013 at which time, if the states want to keep those jobs, THEY must fund them… because the federal well will then be dry!

    SEC. 363. AVAILABILITY OF FUNDS.
    (a) IN GENERAL.—Of the amounts available to the Fund under section 362(b), the Secretary of Labor shall—
    (1) allot $2,000,000,000 in accordance with section 364 to provide subsidized employment to unemployed, low-income adults;
    (2) allot $1,500,000,000 in accordance with section 365 to provide summer and year-round employment opportunities to low-income youth;
    (3) award $1,500,000,000 in competitive grants in accordance with section 366 to local entities to carry out work-based training and other work-related and educational strategies and activities of demonstrated effectiveness to unemployed, low-income adults and low-income youth to provide the skills and assistance needed to obtain employment.

    (b) RESERVATION.—The Secretary of Labor may reserve not more than 1 percent of amounts available to the Fund under each of paragraphs (1)–(3) of subsection (a) for the costs of technical assistance, evaluations and Federal administration of this Act.

    (c) PERIOD OF AVAILABILITY.—The amounts appropriated under this Act shall be available for obligation by the Secretary of Labor until December 31, 2012, and shall be available for expenditure by grantees and sub-grantees until September 30, 2013. S. 1660, page 307.


    Q) What is the AIFA?

    Answer
    SEC. 245. ESTABLISHMENT AND GENERAL AUTHORITY OF AIFA.

    (a) ESTABLISHMENT OF AIFA.—The American Infrastructure Financing Authority is established as a wholly owned Government corporation. Translation: This would be Alexander Hamilton’s failed attempt at creating the Bank of the United States, the establishment of which Thomas Jefferson railed against!

    (b) GENERAL AUTHORITY OF AIFA.—AIFA shall provide direct loans and loan guarantees to facilitate infrastructure projects that are both economically viable and of regional or national significance, and shall have such other authority, as provided in this Act.
    S. 1660, page 102.


    Q) What is the AIFA's all-powerful Board of Directors and what is their function?

    Answer
    BOARD OF DIRECTORS.—The term ‘‘Board of Directors’’ means Board of Directors of AIFA. S. 1660, page 95.

    (1) IN GENERAL.—The Board of Directors first appointed (by the president) shall be deemed the incorporator of AIFA, and the incorporation shall be held to have been effected from the date of the first meeting of the Board of Directors.

    (2) CORPORATE OFFICE.—AIFA shall—
    (A) maintain an office in Washington, DC; and,
    (B) for purposes of venue in civil actions, be considered to be a resident of Washington, DC.
    S. 1660, page 102.

    And what shall be their function?

    The Powers and Duties of the Board of Directors – “ will be responsible for the ultimate review and approval of the eligible project applications and financial packages that are submitted by the CEO and senior management of the American Infrastructure Financial Authority. The Board will also be responsible for, among other things, approving or disapproving any senior management appointed by the CEO, approving CEO-submitted documents concerning application and lending procedures, approving the compensation of AIFA personnel, approving business plans, strategies, and budgets, developing bylaws and conflict of interest policies, establishing subcommittees of the Board (including an audit committee), and ensuring that AIFA is operated in compliance with the Act. In setting and approving the compensation for the CEO and other AIFA personnel, the Board will consult with the Office of Personnel Management and seek to maintain comparability with other comparable federal personnel. The Board will also have the general authority to execute and oversee AIFA’s contractual agreements, to determine appropriate expenses and obligations of AIFA, to approve other forms of credit enhancement that AIFA may provide to eligible projects consistent with the Act, to sue and be sued in AIFA’s corporate capacity, and to exercise all other lawful powers that are necessary to carry out AIFA’s purposes. S. 1660, page 112-119.

    Wake up America!!! IF this shocking abuse of power is not confronted, we shall LOSE our free country!!!
    (more)
  • Mike 2012/09/21 19:15:59 (edited)
    Agree
    Mike
    It did - the plan was called differently ( i think wide receiver ) and Obama and gang muffed it up by changing plans



    I screwed it up but the plan was made prior. The point Obama, Holder screwed up the plan - their responsibility not Bush
  • Denny 2012/09/21 19:14:47
    Disagree
    Denny
    +1
    What if it did??? Blame GW for everything else....BUT.....The administration should have known that it wasn't worth a crap and stopped it. You go to a store and break a plate, you own it....No....YOU BUILT THAT!!!!
  • Chibi D 2012/09/21 19:09:21 (edited)
    Agree
    Chibi D
    +2
    Operation "Wide Receiver" which occurred during the Bush Admin. involved a few guns with tracking devices and was a completely different op.

    http://www.washingtonpost.com...http://www.theblaze.com/stori...
  • Red 2012/09/21 19:07:53
  • Jessie M 2012/09/21 19:04:43
    Disagree
    Jessie M
    +3
    I agree that Obama is clueless. It is another attempt to say "It is Bush's Fault"
  • doc moto 2012/09/21 18:59:45
    Agree
    doc moto
    +3
    Yes and NO; the previous ADMIN monitored and used it in accordance to the prescribed LAW... Obama used it and abused it and they should all be placed before a grand jury and pay up on the death that HE and DOJ caused and answer to the American People, as a FS or PE, whatever, he has to answer and maybe go to GITMO, unannounced and as a prisoner!
  • Sheila 2012/09/21 18:57:58
    Agree
    Sheila
    +4
    This man would not recognize the truth if it bit him in the ass!! The sad thing is he thinks none of us can either..... Too bad for him many many more people see the emperor has no clothes.
  • Heisenberg 2012/09/21 18:55:24 (edited)
    Agree
    Heisenberg
    +3
    Several HUGE lies pimped by Obama lately:



    -Fast and Furious was a Bush program
    (No it wasn't but he kill Osama program was)

    -Benghazi terrorist attack was caused by youtube video

    -He does not know what the deficit was when he took office
  • exhon2009 Heisenberg 2012/09/21 21:42:05
    exhon2009
    He said he didn't know the "precise" amount of the deficit. It was a word game for him. That was a pre-programmed response to a question that he didn't want to answer. Letterman got it right but should have forced Obama to say "Yeah, that sounds about right".

    It's a sad day when we get the truth from the Libyan President but not from the American President. It's a still sadder day when Univision, a foreign news organization, is asking questions that the U.S. Lame Stream Media won't.They didn't even have El Chulo con Cojea (Pimp with a limp), interview him.

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2013/05/24 22:15:25

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