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Wayne Allyn Root on the Nevada Standoff

Wayne Allyn Root

WHAT HAPPENS IN VEGAS, MAY SPARK AN AMERICAN REVOLUTION

Posted by Wayne Root on April 12, 2014

By Wayne Allyn Root

Forget the Ukraine. The real revolution is happening right now north of Las Vegas where a rancher is under assault by the U.S. government.

Remember that famous Las Vegas advertising slogan, “What Happens in Vegas Stays in Vegas.” Well when it comes to big government stealing our property and violating our rights, it’s just not true. What’s happening in Vegas is symbolic of what’s happening across this once great country.

This federal government assault on a Nevada ranching family looks a lot like the Gestapo, the Stasi, or any other authoritarian Big Brother force that persecutes, intimidates and controls the people with an iron boot. Think I’m exaggerating? How about a Las Vegas elected official (County Commissioner Tom Collins) warning out of state protestors “to make funeral plans.” This isn’t Ukraine, or Moscow. That was a Las Vegas politician threatening to have government agents murder law-abiding protesters. https://www.reviewjournal.com/news/water-environment/collins-manages-insult-utahns-comments-bundy-roundup

My Jewish grandparents told me “Never forget.” What they meant was, “We must never forget the Holocaust and what happened to our people.” Well it’s time to remember, before America is no longer the land of the free! Before your free speech is corralled into a “First Amendment Area.” Before government can steal your land and take away your rights based on trumped up charges. Before government can use force to taser legal non-violent protesters. Before someone is killed by masked government snipers with AK47’s trained on American citizens.

Don’t look now. It’s happening. This is an offshoot of Obama’s plan for America- an open distaste and disgust for ranchers, farmers, hunters, capitalist owners of land. Obama hates independence. Under this administration we have record numbers of welfare, food stamp, disability and unemployment insurance. We have a government spending record money advertising to entice more Americans – even illegal immigrants- to accept food stamps and entitlement checks. We’ve given up on enforcing illegal immigration.

Obama treasures a nation filled with people who are desperate, helpless and dependent on government checks. He desperately needs to stamp out independent and self-reliant Americans who want nothing to do with the government. Look no further than this declaration of war upon a productive, taxpaying Nevada rancher family.

Obama always shows his hand with the three-letter government organizations- IRS, NSA, EPA, ATF, FDA, SEC. Obama uses them to target, intimidate and persecute his critics and political opponents. Now it’s time for a new 3-letter threat: BLM (Bureau of Land Management).

The federal government has surrounded the Bundy family ranch outside Las Vegas with snipers, heavily militarized police, vicious police dogs, black SUV’s, helicopters, low flying airplanes and automatic weapons. Cliven Bundy, is a patriotic rancher whose family has had the right to graze his cattle on this land since the 1870’s. Since before there was a BLM. Bundy does not believe he owes fees to the BLM. He recognizes this as a States’ Rights issue. http://danaloeschradio.com/the-real-story-of-the-bundy-ranch/

After well over a century with grazing rights on this land, suddenly in the 1990’s the federal government demanded rent to allow the Bundy family’s cattle to graze on it. Bundy claims his rights to graze came from the State of Nevada, not the BLM, and has already paid fees to Clark County, Nevada. Bundy already owns the water and forage rights to the land. http://danaloeschradio.com/the-real-story-of-the-bundy-ranch/

The feds blame this assault on the fact that desert tortoises reside on this land. The government is now using the tortoise as their “cover” for an armed assault on an American ranching family. Yet it is important to note that this same BLM has waived rules protecting the desert tortoise on numerous occasions to support wind and solar projects favored by U.S. Senate Majority Leader Harry Reid. http://www.defenders.org/press-release/bureau-land-management-solar-plan-guides-energy-development-lower-conflict-areas.

http://www.windaction.org/posts/36964-lawsuit-searchlight-wind-energy-project-complaint#.U0jKnFzlQ-B

The BLM says Bundy owes $1.1 million in grazing fees (ostensibly to protest the desert tortoise) and has decided to use lethal force, positioning snipers on hilltops to perhaps shoot our own citizens. They’ve sicced vicious guard dogs on a pregnant woman. http://drleonardcoldwell.com/2014/04/10/feds-assault-cancer-victim-pregnant-woman-in-clash-with-bundy-supporters/

They’ve tasered and arrested members of the Bundy family for standing up to a force killing and stealing their property. http://www.theblaze.com/stories/2014/04/10/tense-video-feds-taser-pro-nevada-rancher-protester-during-clash/

Bundy’s sister (a cancer victim) was thrown to the ground. Son Dave Bundy was beaten, bruised and arrested by this Gestapo-like force for the crime of…taking photos outside “the First Amendment Area.” http://mvprogress.com/2014/04/09/bundy’s-son-arrested-in-roundup-incident-public-protest-results/

And they’ve tried to banish protestors to a “First Amendment Area” where free speech is “allowed.” Funny, I thought free speech was a right everywhere on American soil? http://www.americasfreedomfighters.com/2014/04/11/blm-feds-assault-more-protesters-as-first-amendment-area-taken-down/

This is happening in America. Our country.

Nevada Governor Brian Sandoval (a very moderate Republican) is angered by the federal government assault on property and States’ Rights. Sandoval said, “No cow justifies the atmosphere of intimidation which currently exists, nor the limitation of constitutional rights that are sacred to all Nevadans. The BLM needs to reconsider its approach to this matter and act accordingly.”

Nevada U.S. Senator Dean Heller told BLM Director Neil Kornze, “…law-abiding Nevadans must not be penalized by an over-reaching BLM.”

Between you and me, I think these are both very weak statements for government overreach this dramatic.

Clive Bundy used to have 52 rancher neighbors. They are all gone. He is the last man standing because the BLM has regulated ranchers out of business in favor of tortoises and green energy projects.

Government isn’t just brutal, vicious and over-reaching. Government is hypocritical. This same government that is supposedly acting to protect desert tortoises, killed hundreds of these same tortoises only a year ago because they didn’t have the funding to take care of them. http://www.infowars.com/before-nevada-cattle-rancher-dispute-blm-was-euthanizing-endangered-desert-tortoise/

Even more to the point, why protect desert tortoises if you’re killing cattle? Rendering trucks have been spotted at the government assault. For you city folk, rendering trucks are used to transport dead cattle. Bundy believes cattle are dropping dead in 90 degree heat after being chased by government helicopters.

http://www.wnd.com/2014/04/feds-charged-with-killing-cattle-in-nevada-range-war/

Then there’s the glaring conflicts of interest in this case. Is the Clark County Sheriff Doug Gillespie refusing to intervene on behalf of a Nevada family because he is afraid of losing Homeland Security funding? The Sheriff is on the Board of Directors of The Nevada Commission on Homeland Security. http://dem.nv.gov/uploadedFiles/demnvgov/content/homeland_security/APPROVED%20MINUTES_NCHS_062113_klh.pdf

And there are now reports that U.S. Senator Harry Reid and his powerful attorney son Rory Reid want Bundy’s cattle off the land to make room for a $5 billion dollar Chinese solar project.

http://www.infowars.com/breaking-sen-harry-reid-behind-blm-land-grab-of-bundy-ranch/

After Cliven Bundy’s property and rights are taken away, who will be next? Who knows what justification the BLM or corrupt government bullies like Harry Reid will use to steal your property, or beat your son for daring to take photos, or taser your pregnant daughter, or push to the ground your cancer-surviving wife.

Wake up America. Either we stand up to Big Brother, or everything our great Founding Fathers fought for will soon be gone.
– See more at: http://www.rootforamerica.com/webroot/blog/#sthash.vByTm8wn.dpuf

Al Sharpton Was F.B.I. Informant Against Mob.

Schadenfreude - is pleasure derived from the misfortunes of others.

You know troops even I who loathe this gutter scum have to say wow Rev. You in deep doo doo.  Coming soon to a neighborhood by you. Rabbi Alvin Finkelstein . The first Black Rabbi in witness protection.

Al, Al.. Where Did you go?

Al, Al.. Where Did you go?

sharptonci7APRIL 7–When friends and family members gathered recently at the White House for a private celebration of Michelle Obama’s 50th birthday, one of the invited party goers was a former paid FBI Mafia informant.

That same man attended February’s state dinner in honor of French President Francois Hollande. He was seated with his girlfriend at a table adjacent to President Barack Obama, who is likely unaware that, according to federal agents, his guest once interacted with members of four of New York City’s five organized crime families. He even secretly taped some of those wiseguys using a briefcase that FBI technicians outfitted with a recording device.

The high-profile Obama supporter was also on the dais atop the U.S. Capitol steps last year when the president was sworn in for a second term. He was seated in front of the chairman of the Joint Chiefs of Staff, two rows behind Beyonce and Jay Z, and about 20 feet from Eric Holder, the country’s top law enforcement officer. As head of the Department of Justice, Attorney General Holder leads an agency that once reported that Obama’s inauguration guest also had La Cosa Nostra contacts beyond Gotham, and engaged in “conversations with LCN members from other parts of the United States.”

The former mob snitch has become a regular in the White House, where he has met with the 44th president in the East Room, the Roosevelt Room, and the Oval Office. He has also attended Obama Christmas parties, speeches, policy announcements, and even watched a Super Bowl with the First Family (an evening the man has called “one of the highlights of my life”). During these gatherings, he has mingled with cabinet members, top Obama aides, military leaders, business executives, and members of Congress. His former confederates were a decidedly dicier lot: ex-convicts, extortionists, heroin traffickers, and mob henchmen. The man’s surreptitious recordings, FBI records show, aided his government handlers in the successful targeting of powerful Mafia figures with nicknames like Benny Eggs, Chin, Fritzy, Corky, and Baldy Dom.

Later this week, Obama will travel to New York and appear in a Manhattan hotel ballroom at the side of the man whom FBI agents primarily referred to as “CI-7”–short for confidential informant #7–in secret court filings. In those documents, investigators vouched for him as a reliable, productive, and accurate source of information about underworld figures.

The ex-informant has been one of Obama’s most unwavering backers, a cheerleader who has nightly bludgeoned the president’s Republican opponents in televised broadsides. For his part, Obama has sought the man’s counsel, embraced him publicly, and saluted his “commitment to fight injustice and inequality.” The president has even commented favorably on his friend’s svelte figure, the physical manifestation of a rehabilitation effort that coincided with Obama’s ascension to the White House. This radical makeover has brought the man wealth, a daily TV show, bespoke suits, a luxury Upper West Side apartment, and a spot on best seller lists.

Most importantly, he has the ear of the President of the United States, an equally remarkable and perplexing achievement for the former FBI asset known as “CI-7,” the Rev. Al Sharpton.

A lengthy investigation by The Smoking Gun has uncovered remarkable details about Sharpton’s past work as an informant for a joint organized crime task force comprised of FBI agents and NYPD detectives, as well as his dealings with an assortment of wiseguys.

Beginning in the mid-1980s and spanning several years, Sharpton’s cooperation was fraught with danger since the FBI’s principal targets were leaders of the Genovese crime family, the country’s largest and most feared Mafia outfit. In addition to aiding the FBI/NYPD task force, which was known as the “Genovese squad,” Sharpton’s cooperation extended to several other investigative agencies.

TSG’s account of Sharpton’s secret life as “CI-7” is based on hundreds of pages of confidential FBI affidavits, documents released by the bureau in response to Freedom of Information Act requests, court records, and extensive interviews with six members of the Genovese squad, as well as other law enforcement officials to whom the activist provided assistance.

Like almost every other FBI informant, Sharpton was solely an information source. The parameters of his cooperation did not include Sharpton ever surfacing publicly or testifying on a witness stand.

Genovese squad investigators–representing both the FBI and NYPD–recalled how Sharpton, now 59, deftly extracted information from wiseguys. In fact, one Gambino crime family figure became so comfortable with the protest leader that he spoke openly–during ten wired face-to-face meetings–about a wide range of mob business, from shylocking and extortions to death threats and the sanity of Vincent “Chin” Gigante, the Genovese boss who long feigned mental illness in a bid to deflect law enforcement scrutiny. As the mafioso expounded on these topics, Sharpton’s briefcase–a specially customized Hartmann model–recorded his every word.

Task force members, who were interviewed separately, spoke on the condition of anonymity when describing Sharpton’s work as an informant and the Genovese squad’s activities. Some of these investigators provided internal FBI documents to a reporter.

Records obtained by TSG show that information gathered by Sharpton was used by federal investigators to help secure court authorization to bug two Genovese family social clubs, including Gigante’s Greenwich Village headquarters, three autos used by crime family leaders, and more than a dozen phone lines. These listening devices and wiretaps were approved during the course of a major racketeering investigation targeting the Genovese family’s hierarchy.

A total of eight separate U.S. District Court judges–presiding in four federal jurisdictions–signed interception orders that were based on sworn FBI affidavits including information gathered by Sharpton. The phones bugged as a result of these court orders included two lines in Gigante’s Manhattan townhouse, the home phone of Genovese captain Dominick “Baldy Dom” Canterino, and the office lines of music industry power Morris Levy, a longtime Genovese family associate. The resulting surreptitious recordings were eventually used to help convict an assortment of Mafia members and associates.

Investigators also used Sharpton’s information in an application for a wiretap on the telephone in the Queens residence of Federico “Fritzy” Giovanelli, a Genovese soldier. Giovanelli was sentenced to 20 years in prison for racketeering following a trial during which those recordings were played for jurors. In a recent interview, the 82-year-old Giovanelli–now three years removed from his latest stint in federal custody–said that he was unaware that Sharpton contributed in any fashion to his phone’s bugging. He then jokingly chided a reporter for inquiring about the civil rights leader’s past. “Poor Sharpton, he cleaned up his life and you want to ruin him,” Giovanelli laughed.

While Sharpton’s acrimonious history with law enforcement–especially the NYPD–rankled some Genovese squad investigators, they nonetheless grudgingly acknowledged in interviews that the activist produced for those he would go on to frequently pillory.

Genovese squad members, however, did not share with Sharpton specific details about how they were using the information he was gathering for them. This is standard practice since FBI affidavits in support of wiretap applications are filed under seal by Department of Justice prosecutors. Still, Sharpton was briefed in advance of his undercover sorties, so he was well aware of the squad’s investigative interest in Gigante and his Mafia cronies.

Sharpton vehemently denies having worked as an FBI informant. He has alleged that claims of government cooperation were attempts by dark forces to stunt his aggressive brand of civil rights advocacy or, perhaps, get him killed. In his most recent book, “The Rejected Stone,” which hit best seller lists following its October 2013 publication, Sharpton claimed to have once been “set up by the government,” whose agents later leaked “false information” that “could have gotten me killed.” He added, “So I have been seriously tested in what I believe over the years.”

In an interview Saturday, Sharpton again denied working as a confidential informant, claiming that his prior cooperation with FBI agents was limited to efforts to prompt investigations of drug dealing in minority communities, as well as the swindling of black artists in the recording industry. He also repeatedly denied being “flipped” by federal agents in the course of an undercover operation. When asked specifically about his recording of the Gambino crime family member, Sharpton was noncommittal: “I’m not saying yes, I’m not saying no.”

If Sharpton’s account is to be believed, he was simply a concerned citizen who voluntarily (and briefly) joined arm-in-arm with federal agents, perhaps risking peril in the process. The other explanation for Sharpton’s cooperation–one that has uniformly been offered by knowledgeable law enforcement agents–presents the reverend in a less noble light. Worried that he could face criminal charges, Sharpton opted for the path of self-preservation and did what the FBI asked. Which is usually how someone is compelled to repeatedly record a gangster discussing murder, extortion, and loan sharking.

Sharpton spoke for an hour in an office at the House of Justice, his Harlem headquarters, where he had just finished addressing a crowd of about 200 people that included his two adult daughters and his second wife (from whom he has been separated for ten years). A few minutes into the interview, Sharpton asked, “Are you taping this?” A TSG reporter answered that he was not recording their interview, but had a digital recorder and wished to do so. Sharpton declined that request.

In the absence of any real examination/exhumation of Sharpton’s past involvement with the FBI and the Mafia, his denials have served the civil rights leader well. Scores of articles and broadcast reports about the Obama-era “rehabilitation” of Sharpton have mentioned his inflammatory past–Tawana Brawley, Crown Heights, Freddy’s Fashion Mart, and various anti-Semitic and homophobic statements. But his organized crime connections and related informant work have received no such scrutiny.

In a “60 Minutes” profile aired three months before the August 2011 launch of Sharpton’s MSNBC show, correspondent Lesley Stahl reported on the “tame” Sharpton’s metamorphosis from “loud mouth activist” to “trusted White House advisor who’s become the president’s go-to black leader.” As for prior underworld entanglements, those were quickly dispatched: “There were allegations of mob ties, never proved,” Stahl flatly declared.

As host of MSNBC’s “PoliticsNation,” Sharpton now reluctantly identifies himself as a member of the media, if not actually a journalist. He spends his time at 30 Rockefeller Plaza surrounded by reporters, editors, and researchers committed to accuracy and the exposure of those who violate the public trust. In fact, Sharpton himself delights in a daily feature that seeks to expose liars, hypocrites, and others engaged in deceit (his targets tend to be Republican opponents of the Obama administration). As he wraps this segment, Sharpton points his finger at the camera and addresses his quarry: “Nice try, but we gotcha!”

In addition to his MSNBC post, Sharpton heads the National Action Network, which describes itself as a “Christian activist organization.” Obama, who refers to Sharpton as “Rev” or “Reverend Al,” is scheduled to deliver a keynote address Friday at the group’s annual convention in New York City. Mayor Bill DeBlasio will preside Wednesday over the convention’s ribbon cutting ceremony, while Holder and three Obama cabinet secretaries will deliver speeches.

Sharpton has been a leading supporter of Holder, who spoke at the National Action Network’s 2012 convention and saluted the reverend for “your partnership, your friendship, and also for your tireless efforts to speak out for the voiceless, to stand up for the powerless, and to shine a light on the problems we must solve, and the promises we must fulfill.” Last Friday, Sharpton appeared on a panel at a Department of Justice forum led by Tony West, the agency’s third-ranking official. West thanked Sharpton for his “leadership, day in and day out, on issues of reconciliation and community restoration.”

According to its most recent IRS return, which Sharpton signed in mid-November 2013, the National Action Network pays him $241,402 annually for serving as president and CEO. In return for that hefty salary, Sharpton–who hosts a three-hour daily radio show in addition to his nightly cable TV program–reportedly works a 40-hour week for the not-for-profit (which lists unpaid tax liabilities totaling $813,576).

For longtime observers, the “new” Sharpton’s public prominence and West Wing access is bewildering considering that his history, mob ties included, could charitably be described as checkered. In fact, Obama has banished others guilty of lesser transgressions (see: Wright, Jeremiah).

Sharpton now calls himself a “refined agitator,” an activist no longer prone to incendiary language or careless provocations. Indeed, a Google check confirms that it has been years since he labeled a detractor a “faggot,” used the term “homos,” or derisively referred to Jewish diamond merchants.

* * *

As an “informant in development,” as one federal investigator referred to Sharpton, the protest leader was seen as an intriguing prospective source, since he had significant contacts in politics, boxing, and the music industry.

Before he was “flipped” in the course of an FBI sting operation in 1983, Sharpton had established relationships with promoter Don King, various elected officials, and several powerful New York hoodlums involved in concert promotion, record distribution, and talent management. At the time, the music business was “overrun by hustlers, con artists, black and white,” Sharpton recalled in his 1996autobiography. A federal agent who was not part of the Genovese squad–but who also used Sharpton as an informant–recalled that “everyone was trying to mine” his music industry ties.

In fact, by any measure, Sharpton himself was a Mafia “associate,” the law enforcement designation given to mob affiliates who, while not initiated, work with and for crime family members. While occupying the lowest rung on the LCN org chart–which is topped by a boss-underboss-consigliere triumvirate–associates far outnumber “made” men, and play central roles in a crime family’s operation, from money-making pursuits to more violent endeavors.

For more than four years, the fact that Sharpton was working as an informant was known only to members of the Genovese squad and a small number of other law enforcement agents. As with any Mafia informant, protecting Sharpton’s identity was crucial to maintaining the viability of ongoing investigations. Not to mention keeping him alive.

For example, an episode recounted by TSG sources highlighted the sensitive nature of Sharpton’s cooperation with the FBI/NYPD task force.

In advance of seeking court authorization to bug a pair of Genovese family social clubs and a Cadillac used by Gigante and Canterino, a draft version of a wiretap affidavit was circulated for review within the Genovese squad, which operated from the FBI’s lower Manhattan headquarters. The 53-page document, which detailed the “probable cause” to believe that listening devices would yield incriminatingconversations, concerned some investigators due to the degree to which the activities of Sharpton were described in the document.

While the affidavit prepared by FBI Agent Gerald King and a federal prosecutor only referred to Sharpton as “CI-7,” the document included the name of a Gambino mobster whom Sharpton taped, as well as the dates and details of five of their recorded meetings. Such specificity was problematic since the possibility existed that the affidavit’s finalized version could someday be turned over to defense lawyers in the discovery phase of a criminal trial.

Investigators fretted that Sharpton could easily be unmasked by the Gambino member, who, if ever questioned about his meetings with “CI-7,” would surely realize that Sharpton was the wired informant referred to in the FBI affidavit. That discovery, of course, could have placed Sharpton’s life in grave danger. The Gambino wiseguy, too, likely would have faced trouble, since he was recorded speaking about a wide range of Mafia matters, including Gigante’s illegal operations. The Genovese power–rightly paranoid about bugged phones and listening devices–famously forbid fellow gangsters from even speaking his name. In fact, if a wiseguy had to refer to Gigante during an in-person meeting, a quick stroke of the chin was the acceptable means of identification.

In response to concerns about the King affidavit, the draft, which a source provided to TSG, was rewritten to carefully shroud Sharpton’s work with government agents. The affidavit’s final version–which was submitted to two federal judges–no longer included the disclosure that “CI-7” had “consensually recorded his conversations” with a gangster. The wiseguy’s name was also deleted from the document, as was any reference to the Gambino family or the informant’s sex.

Instead, the revamped affidavit simply noted that “CI-7 reported” to the FBI various details of Genovese family rackets. The actual source of that valuable intelligence about Gigante & Co. had been carefully obscured. As were the details of how that information was obtained via Sharpton’s battery-powered valise.

But despite efforts like this to protect Sharpton, some details of his informant work leaked out in January 1988, when New York Newsday reported that the civil rights activist had cooperated with federal investigations targeting organized crime figures and Don King. Though he reportedly made incriminating admissions to the newspaper, Sharpton quickly issued vehement denials that he had snitched on anyone.

While acknowledging contact with law enforcement officials, Sharpton–then involved in the early stages of the Tawana Brawley hoax–said he sought the help of investigators to combat the crack cocaine epidemic ravaging New York’s poorest communities. Sharpton also claimed to have contacted agents (and pledged his assistance) after a Mafia associate allegedly threatened him over a music industry dispute.

Sharpton asserted that a phone installed in his Brooklyn apartment by federal investigators in mid-1987 was there to serve as a “hotline” for the public to report drug dealing. He flatly denied recording phone conversations at the direction of law enforcement agents. In one radio interview, Sharpton even declared, “We have an ethical thing against wiretapping.”

In fact, Sharpton had been cooperating with the U.S. Attorney’s Office in Brooklyn as part of an investigation targeting Don King. According to a source involved with that probe, federal agents “ran him for a couple of months,” during which time Sharpton “did some recordings” via his new home telephone. But the nascent Department of Justice operation was abruptly shuttered in the wake of the New York Newsday story.

The Brooklyn investigators were introduced to Sharpton in late-1987 by Joseph Spinelli, one of the reverend’s former FBI handlers (and one of the agents who initially secured his cooperation with the bureau). While Spinelli had left the FBI for another government post, he still helped facilitate Sharpton’s interaction with other investigators. “Joe was shopping him around,” one source recalled.

For example, in July 1987, Spinelli called a federal prosecutor in Los Angeles and offered Sharpton’s assistance with a matter the lawyer was handling. The case involved Salvatore Pisello, a mobbed-up music industry figure who had just been indicted for tax evasion (and whom Sharpton had previously accused of threatening his life).

Referring to Sharpton, ex-prosecutor Marvin Rudnick said in an interview, “I didn’t know who he was” when Spinelli called. In subsequent conversations with Rudnick, Sharpton provided information about Pisello and a related music industry matter that was being scrutinized by Justice Department investigators.

While Sharpton would not prove particularly helpful to Rudnick, the attorney clearly recalled his brief, unorthodox dealings with the New York activist. “I remember having to go to a pay phone to take the call because he didn’t want it to be traced,” Rudnick laughed.

* * *

So why did Sharpton agree to become an FBI informant? And why was he willing to risk the dangers inherent in such cooperation?

“He thought he didn’t have a choice,” one Genovese squad agent recalled.

In the course of an investigation being run by Spinelli and his partner John Pritchard, Sharpton was secretly recorded in meetings with an FBI undercover agent posing as a wealthy drug dealer seeking to promote boxing matches.

As previously reported, Colombo crime family captain Michael Franzese, who knew Sharpton, enlisted the activist’s help in connecting with Don King. Franzese and Sharpton were later surreptitiously filmed during one meeting with the undercover, while Sharpton and Daniel Pagano, a Genovese soldier, were recorded at another sit-down. Pagano’s father Joseph was a Genovese power deeply involved in the entertainment industry (and who also managed the crime family’s rackets in counties north of New York City).

During one meeting with Sharpton, the undercover agent offered to get him “pure coke” at $35,000 a kilo. As the phony drug kingpin spoke, Sharpton nodded his head and said, “I hear you.” When the undercover promised Sharpton a 10 percent finder’s fee if he could arrange the purchase of several kilos, the reverend referred to an unnamed buyer and said, “If he’s gonna do it, he’ll do it much more than that.” The FBI agent steered the conversation toward the possible procurement of cocaine, sources said, since investigators believed that Sharpton acquaintance Daniel Pagano–who was not present–was looking to consummate drug deals. Joseph Pagano, an East Harlem native who rose through a Genovese crew notorious for narcotics trafficking, spent nearly seven years in federal prison for heroin distribution.

While Sharpton did not explicitly offer to arrange a drug deal, some investigators thought his interaction with the undercover agent could be construed as a violation of federal conspiracy laws. Though an actual prosecution, an ex-FBI agent acknowledged, would have been “a reach,” agents decided to approach Sharpton and attempt to “flip” the activist, who was then shy of his 30th birthday. In light of Sharpton’s relationship with Don King, FBI agents wanted his help in connection with the bureau’s three-year-old boxing investigation, code named “Crown Royal” and headed by Spinelli and Pritchard.

The FBI agents confronted Sharpton with the undercover videos and warned that he could face criminal charges as a result of the secret recordings. Sharpton, of course, could have walked out and ran to King, Franzese, or Pagano and reported the FBI approach (and the fact that drug dealer “Victor Quintana” was actually a federal agent).

In subsequent denials that he had been “flipped,” Sharpton has contended that he stiffened in the face of the FBI agents, meeting their bluff with bluster and bravado. He claimed to have turned away Spinelli & Co., daring them to “Indict me” and “Prosecute.” Sharpton has complained that the seasoned investigators were “trying to sting me, entrap me…a young minister.”

In fact, Sharpton fell for the FBI ruse and agreed to cooperate, a far-reaching decision he made without input from a lawyer, according to sources. “I think there was some fear [of prosecution] on his part,” recalled a former federal agent. In a TSG interview, Sharpton claimed that he rebuffed the FBI agents, who, he added, threatened to serve him with a subpoena to testify before a federal grand jury investigating King. After being confronted by the bureau, Sharpton said he consulted with an attorney (whom he declined to identify).

Following bureau guidelines, agents formally opened a “137” informant file on Sharpton, a move that was approved by FBI supervisors, according to several sources. Agents anticipated using Sharpton in the “Crown Royal” case focusing on King, but during initial debriefings of their new recruit, it became clear that his contacts in the music business were equally appealing.

Sharpton had met James Brown in the mid-70s, and became extremely close to the R&B superstar. He worked for and traveled with the mercurial performer, married one of Brown’s backup singers, and wore the same processed hairdo as the entertainer. Like Brown, Sharpton would sometimes even wear a cowboy hat atop his tribute conk.

It was first through executives at Spring Records, a small Manhattan-based label affiliated with Brown, that Sharpton–who worked from the firm’s office–was introduced to various wiseguys, including Franzese. His circle of mob contacts would grow to include, among others, the Paganos, Carmine DeNoia, an imposing Pagano associate known as “Wassel,” and Joseph “Joe Bana” Buonanno, a Gambino crime family figure involved in record distribution and production.

At one point before he was “flipped,” Sharpton participated in a mob scheme to create a business front that would seek a share of lucrative Con Edison set-asides intended for minority-owned businesses. That deal, which involved garbage collection contracts, cratered when the power company determined that Sharpton’s silent partner was Genovese captain Matthew “Matty the Horse” Ianniello. Details of the Con Ed plot emerged at a federal criminal trial of Ianniello and his business partner Benjamin Cohen. It was Cohen, who worked across the hall from Spring Records, who recruited Sharpton for the mob garbage gambit.

Rest Of The Story HERE!

~Steve~  

http://www.thesmokinggun.com/documents/investigation/al-sharpton-764312

Obama’s IRS leaked Mozilla CEO’s Prop 8 donation

gaymafialogoLast month, Brendan Eich, a co-founder of Mozilla — the company that invented the Firefox web browser — was promoted from the company’s chief technology officer to Chief Executive Officer (CEO).

Then all hell broke loose.

As DCG recounted in her post of April 4, the online dating site OkCupid.com asked its customers to boycott Firefox because SIX YEARS AGO in 2008, Eich had donated $1000 to California’s Proposition 8 that affirmed traditional marriage. (The proposition was approved by a majority of California voters but struck down by an admittedly homosexual judge.)

OkCupid.com’s boycott in turn led to a “backlash” among Mozilla’s intolerant employees against their new CEO, never mind that:

  • Eich had made the donation as a private citizen;
  • Eich had never let his private political views intrude into his work at Mozilla; and
  • The First Amendment of the United States Constitution promises and guarantees freedom of belief to Eich and all Americans.

Faced with the avalanche of disapproval and hostility from Mozilla employees, Eich resigned.

Has it occurred to you how OkCupid.com discovered Eich’s PRIVATE donation to Prop 8?

Answer: Obama’s IRS leaked the information.

Dr. John C. Eastman reports for FoxNews, Oct. 3, 2013, that in the many state ballot battles across America to preserve marriage as an institution between man and woman, the pro-traditional marriage National Organization for Marriage (NOM) was winning. Since 2004, 32 states had voted by large margins to reaffirm the traditional definition of marriage, and no state had voted to approve “same-sex marriage.”

NOM’s principal adversary, the pro-homosexual marriage Human Rights Campaign (HRC) was waging an uphill battle. So HRC started a website, “NOM Exposed,” designed to publicly identify NOM and its supporters and donors so they and their businesses could be harassed.

To do so, HRC needed access to NOM’s confidential list of donors, lists that NOM is required to file with the IRS but are not public information.

Joe Solmonese with the POSThen, HRC president Joe Solmonese was named a national co-chair for the Obama reelection campaign and, magically, NOM’s tax return and its confidential list of donors and their addresses showed-up on the HRC website.

Eastman writes: “we know that the tax return on HRC’s website originated from within the IRS because it had been redacted to hide internal codes that are placed on documents only after they are received by the IRS.”

Donations to NOM and to the ballot campaigns then underway became increasingly hard to come by, to the point that the “same-sex marriage” forces were able to outspend NOM and its allies by more than $20 million dollars (a nearly 4 to 1 advantage) in the 4 states where marriage was on the ballot in November 2012, resulting in the first electoral losses for traditional marriage ever

Since unauthorized disclosure of a tax return is a serious felony, punishable by up to five years in prison, NOM demanded an investigation by the Department of Justice and the Treasury Inspector General for Tax Administration. NOM was given a case number, and its principal officers were interviewed.

Eighteen months later, no criminal charges have been filed. The person(s) responsible for leaking NOM’s donors to HRC is still not held to account. Even worse, the IRS now takes the position that the release of the identity of the culprit is itself barred by the same federal statute that the culprit violated.

On October 3, 2013, National Organization for Marriage filed suit against the IRS, as permitted by federal law, to obtain compensation for the injuries it suffered as a result of these felonies. The lawsuit also enables NOM to pursue discovery that will help identify the culprit and ascertain the extent to which IRS officials (and perhaps others elsewhere in the Obama administration) had colluded with what even the leftwing unfunny comedian Bill Maher now calls “the gay mafia.”

~Eowyn

MASSIVE 2012 VOTER FRAUD: 35,750 with same name & DOB voted in 2 states

More evidence that Obama and the Dems stole the 2012 elections.

More evidence that the United State of America has devolved into a Third World and third rate country.

DeadPeopleVoteBryan Preston reports for PJ Media, April 2, 2014:

The North Carolina State Board of Elections has found thousands of instances of voter fraud in the state, thanks to a 28-state crosscheck of voter rolls. Initial findings suggest widespread election fraud.

  • 765 voters with an exact match of first and last name, DOB and last four digits of SSN were registered in N.C. and another state and voted in N.C. and the other state in the 2012 general election.
  • 35,750 voters with the same first and last name and DOB were registered in N.C. and another state and voted in both states in the 2012 general election.
  • 155,692 voters with the same first and last name, DOB and last four digits of SSN were registered in N.C. and another state – and the latest date of registration or voter activity did not take place within N.C.

The second point is key, as double voting is election fraud under state and federal statutes. Punishment for double voting in federal elections can include jail time.

In October 2012, Project Veritas produced video showing a Barack Obama campaign worker helping a voter register to vote in both Texas and Florida.

The Interstate Crosscheck examines 101 million voter records in more than two dozen participating states.

The findings, while large, leave open the question of just how widespread double voting might be since 22 states did not participate in the Interstate Crosscheck.

In addition to the above, the crosscheck found that more than 13,000 deceased voters remain on North Carolina’s rolls, and that 81 of them showed voter activity in their records after death.

North Carolina officials are now calling for tighter election security.

acorn_vote_fraud

That’s the call to action from NC officials? Pathetic.

What this calls for is a class-action lawsuit to overturn and nullify the 2012 Election’s supposed results — a lawsuit that should be appealed all the way to the Supreme Court.

Meanwhile, only the sound of crickets from the MSM on the massive 2012 voter fraud . . . .

See also:

~Eowyn

If Democrats Had Their Way…

detroit

If Democrats Had Their Way…

Remember New Coke? It was a dismal failure and the company scrapped it. How about three slice toasters? They were supposed to be the rage once, too. But nobody bought them and they disappeared into the dustbin of history.

That’s how life works in the private sector. If people don’t buy and the product doesn’t deliver, it disappears. Companies and individuals are forced to develop winning strategies in order to survive. If not, they perish.

The policies of the Democratic Party are not like that. The policies of the Democratic Party — high taxes, exorbitant union contracts and pensions, excessive government regulation, gun control, dysfunctional schools, etc. — continue to produce one failed program after another, yet they are fully supported by an average of 52% of the voting public. If they operated in the private sector, they would be forced into bankruptcy. However, because they are funded by our tax dollars, they have a never-ending spigot of cash flowing into their coffers. In essence, they are rewarded for failing.

Detroit is a city that has been under complete Democratic control for over forty years. And when I say complete, I mean complete. Every official, every policy, every decision affecting Detroit has come 100% from the Democratic Party and their supporters. The result? Bankruptcy.

Detroit is $2.5 billion in debt. That’s billion, with a “b”. Thousands of homes, buildings, and businesses are vacant and abandoned, and two thirds of the city’s street lights do not work.

Detroit is America’s most dangerous city with a violent crime rate five times higher than the national average. It’s the murder capital of the country, and — because it’s under Democratic control — Detroit has strict gun control laws.

In short, Detroit is a hellhole. A man-made, Democratic-Party-created hellhole. And it’s exactly what all of America would look like if Democrats had their way.

Detroit is not an aberration. It is a direct result of Democratic leadership and how applying the principles of the Democratic Party actually play out in real life. It’s as simple as 1 + 1 = 2. You do this action, you get this result.

If Detroit shows all of us the natural consequence of what happens when the Democratic Party gets its way, why do people support it? Why do tens of millions of Americans continue to vote for Democrats? The answer, I believe, consists of five distinct elements within the Democratic Party.

In the first group are the hardcore socialists and communists that form the leadership and financial backing of the Democratic Party. These are the folks that actually hate America and want to destroy it. (See http://fellowshipoftheminds.com/2014/03/22/99549/). They are the corrupt union leaders, the financial donors, the advisors, the radical college professors and teachers, the leaders of various “equality” groups and causes, the militant feminists, the Islamic extremists, education officials and administrators, and the actual politicians themselves. I estimate their numbers to comprise 5% of less of the Democratic Party.

To this first group, Detroit is a shining example of how they would like all of America to be. Many of them are atheists, or outright satanists, and they hate not only America, but also Christianity, because they see Christians as the primary roadblock that keeps them from turning America into a Communist dictatorship. Death, murder, kidnapping, and rape mean nothing to them if it helps to accomplish their objective.

The second group is big business and union members. The majority of those in this group do not hate America, however they can develop intense hatred toward any individual or group that threatens their current financial status. They support the Democratic Party because it pays.

For big business, that means bailouts, favorable loans, taxpayer subsidies, and government regulation to create monopolies and eliminate competition. You know who I’m talking about: Hollywood, Facebook, Yahoo, Apple, GE, Wall Street, owners of professional sports teams, etc.

For union members, it means maintaining their high salaries, pensions, insurance, and paid holidays. You’ll find many teachers in this group. All together, this second group comprises about 20% of the Democratic Party. They vote for their own personal gain, regardless of how much it hurts their country or their fellow citizens.

The third group consists of the media. I estimate them to comprise 5% or less of the Democratic Party. Like the first group, many of them are hardcore socialists and communists who also hate America, but their hatred is cloaked with a thinly disguised intellectual disdain. They consider themselves smarter than everyone else. Though they are intelligent, they suffer from a total lack of wisdom. If their intellectual superiority is threatened, they can revert to most violent and animalistic of natures, all condoned through intellectual justification.

This third group — the media — do everything they can to obscure reality in order to confuse and indoctrinate the fourth group: Useful Idiots.

“Useful idiot” sounds like a harsh term, but it was actually coined by the Left to describe many of their followers. (See http://fellowshipoftheminds.com/2013/12/29/are-you-a-useful-idiot/)

It saddens me to say that I have many friends, acquaintances, and co-workers in this group. They are nice people. Many of them would give you the shirt of their back, or rush to your aid at the first sign of an emergency. Sadly, they just don’t know very much about history or politics.

Useful idiots have been dumbed down at school and at home. Now in their 20′s, 30′s, 40′s, 50′s, 60′s, and beyond, they continue to believe everything they’re told by the mainstream media. They have been exposed to alternate information only in the form of ridicule. Many of them are so busy working, earning a living, raising families, paying bills, and looking for love that they just don’t have time to read and educate themselves.

I was in the position of not having time to read myself until I was laid off a couple of years ago and actually had time to research what was happening in the country. That’s when I discovered this site, Commieblaster, Moral Matters, and many more.

In this group you will also find many females who have been taught to accept abortion and feminism, and many males who accept abortion and feminism as a means to seduce and sleep with the aforementioned females. (See http://fellowshipoftheminds.com/2013/11/15/an-open-letter-to-obama-supporters/) I estimate useful idiots to comprise a full 40% of the Democratic Party.

The fifth and final leg of the Democratic Party are what I call Useful Leeches. This group consists of all races and ages, and they are far worse than the useful idiots. Useful idiots actually mean well. Useful leeches are angry, bitter, resentful, and believe that the world owes them a living. They survive on government handouts: food stamps, welfare, Section-8, disability, etc., and they hate themselves because of it.

Useful leeches have no desire to improve their station in life and would love nothing better than to drag the entire country down to their level of misery and poverty. Not surprisingly, this group tends to be extremely racist and intolerant. They live in a constant state of fear.

The hardcore socialists and communists of the first and third groups love useful leeches, because they are so easily manipulated. They make excellent shock troops, and can be employed to strike fear among the population and silence critics on the right.

If there’s any hope of saving our country, it lies with the useful idiots. With extremely few exceptions, the members of the other groups are not going to change. Useful idiots CAN change if they are approached and educated correctly. A friendly conversation here, a book or article passed along there, and slowly but surely the tide can be turned.

If we can begin to sway even 5-10% of the useful idiots, we can tilt the balance of our country back to its Constitutional foundation. We can’t look to others to do this. The work is ours. The future of our country rests with us.

(Thanks to my friend, Alan, for suggesting this topic.)

http://fellowshipoftheminds.com/2013/11/15/an-open-letter-to-obama-supporters/

http://fellowshipoftheminds.com/2014/03/28/democrats-the-party-of-corruption/

http://fellowshipoftheminds.com/2014/03/28/democrat-state-senator-tells-pro-2nd-amendment-to-go-fck-yourself/

http://fellowshipoftheminds.com/2014/03/27/after-only-115-days-in-office-charlotte-democrat-mayor-arrested-faces-20-years-in-prison/

Wayne Allyn Root on aka Obama’s Poll Numbers

Wayne Allyn Root

As published at FoxNews.com on 3/7/14

By Wayne Allyn Root

Have you seen Obama’s poll numbers? They are among the lowest in history. As of today, Obama’s approval rating is at 38%. That’s just barely above Richard Nixon.

Keep in mind Obama has the support of about 35% to 40% of the population that will NEVER abandon him, no matter what he does, no matter how bad the jobs numbers look, no matter how low the economy goes, no matter how much scandal and corruption is exposed, no matter how strong the facts are against him. Nothing will ever change their minds. These are the “low information voters” of the Democratic Party.

So just think about that for a moment. Let those numbers sink in. If 35% to 40% of the population would support a Democrat for President if he ran from a prison cell…if 35% to 40% would support Obama no matter what he does, no matter how far America sinks under his leadership, how could Obama’s approval rating be at only 38%?

That means that among the rest of America, outside of loyal, lifelong, Kool-Aid drinking Democrats, Obama’s ratings are nil. Among non-partisan voters, he is the lowest-rated President in history. No numbers like this have ever been recorded, if you filter out the crazies.

Obama’s approval among “the Heartland of America” (non partisan middle class Americans) is lower than Nixon. Lower than W. Lower than Lyndon Johnson at the height of the Vietnam war. Lower than Jimmy Carter at the height of the Iranian hostage crisis, with the added burden of an economy in misery and malaise.

I’m betting that outside of lifelong Democrats and welfare recipients (I know, I repeat myself), Obama’s ratings are in the unimaginable range of single digits.

Among the white middle class, I’m betting Obama’s ratings are in the single digits. Or lower.

Keep in mind many of the white middle class originally voted for Obama.

Among those that actually own small businesses, pay most of the taxes and create most of the jobs, I’m betting Obama’s ratings are in the vicinity of ZERO.

Actually if you take the white middle class and subtract out a few Ivy League intellectuals, Hollywood liberals, and pathetic Upper West Side Democratic zombies, there isn’t an Obama supporter left in America.

Remember that about 47% of Americans get entitlement checks from government. Obama is PAYING for their support and he still only has 38% approval. You know you’re unpopular when even bribes don’t work anymore!

This man has managed to pull off something remarkable and historical- he has alienated almost every single American who actually works for a living and pays taxes. He has virtually zero support among the 53% who aren’t getting a check from government. You can’t find another instance of that in the history of American politics.

Obama is amazing!

- See more at: http://www.rootforamerica.com/webroot/blog/#sthash.iQhNH18G.dpuf

Mike – Thanks to my friend, Alan!

Retired 4-star admiral: Benghazi was an Obama false flag that went wrong

As the term is used in contemporary America, a “false flag” incident is some traumatic public event that is:

  • False: The public are given an untruthful version of the event by the government and the media.
  • Results in a “rallying around the flag” effect: The objective is to arouse and manipulate the emotions (fear, anger, outrage, indignation) of the American people so that they’ll “rally around the flag” in an outburst of patriotism, supplying the current White House occupant and his (and his party’s) policies with their support and loyalty.

Admiral James “Ace” Lyons (US Navy, Ret.), 86, an officer of the U.S. Navy for 36 years, is the former Commander in Chief of the U.S. Pacific Fleet (1985-1987) — the largest single military command in the world. Today he is a columnist for The Washington Times and the chairman of the Center for Security Policy’s Military Committee. He is also a co-author, along with 18 other top national security professionals, of Shariah: The Threat to America.

H/t Tea Party Crusaders and John Molloy for the video.

In an interview with Lou Dobbs on the Fox Business Network., Adm. Lyons says that Barack Obama intentionally conspired with America’s enemies to stage a bogus attack on the night of Sept. 11, 2012, against the U.S. compound in Benghazi, Libya, and the bogus kidnapping of Ambassador Chris Stevens.

According to the plan, Obama would successfully “negotiate” for Stevens’ release in a prisoner exchange, which would bolster the POS’s then-mediocre approval ratings just prior to the 2012 election.

In Lyons’ words, “The attack on the American Consulate in Benghazi . . . was the result of a bungled abduction attempt . . . the first stage of an international prisoner exchange . . . that would have ensured the release of Omar Abdel Rahman, the ‘Blind Sheik’.”

Tyrone Woods & Glen Doherty

Tyrone Woods & Glen Doherty

But something went horribly wrong with Obama’s “October Surprise.”

Although the Obama Administration intentionally gutted security at the Benghazi consulate prior to the staged kidnapping, former Navy SEALs Tyrone Woods and Glen Doherty disobeyed direct orders to stand down. The two men raced to the U.S. compound and killed scores of attackers, but were themselves killed.

The terrorists took Woods’ and Doherty’s heroism to mean Obama had reneged on the deal, so they took their anger out on Ambassador Stevens by torturing him and dragging his body through the streets.

us-libya-ambassador-chris-stevens-nationalturk-0455

See also Adm. Lyons’ Washington Times op/ed, “Obama needs to come clean on what happened in Benghazi.

Admiral Lyons’ assertions make sense. They would explain many of the oddities of the Benghazi incident, including:

Note: Admiral Lyons had made these accusations back in November 2012, and nothing came of it. But there isn’t much else he can do, which is why he and others. in a Jan. 6, 2014 letter to House Speaker John A. Boehner signed by more than 70 people, are demanding a Congressional select committee to investigate the Benghazi debacle. But their demands are falling on the GOP establishment’s deaf ears.

~Eowyn

Obama Accumulates More Debt Than All Presidents Combined.

Now this will make your head go Boom!

sangry_blowsupheart_100-100—————————————————————————————————-

+106%: Obama Has More Than Doubled Marketable U.S. Debt

By Terence P. Jeffrey       February 18, 2014 – 1:37 PM

(CNSNews.com) – The marketable debt of the U.S. government has more than doubled–climbing by 106 percent–while President Barack Obama has been in office, increasing from $5,749,916,000,000 at the end of January 2009 to $11,825,322,000,000 at the end of January 2014, according to the U.S. Treasury’s latest Monthly Statement of the Public Debt.

During the eight-year presidency of George W. Bush, the marketable debt of the U.S. government almost doubled–climbing 93 percent–from $2,977,328,000,000 at the end of January 2001 to $5,749,916,000,000 at the end of January 2009.

( Bush was a Boob Too)

During the time that Bush and Obama have been in office, the marketable debt of the U.S. government has nearly quadrupled, increasing by $8,847,994,000,000.

MARKETABLE DEBT-CHART

However, despite the massive increase in the government’s marketable debt during Bush’s eight years, Obama managed to accumulate more additional marketable debt in his first five years in office than all the presidents who preceded combined.

Let’s read that again..

However, despite the massive increase in the government’s marketable debt during Bush’s eight years, Obama managed to accumulate more additional marketable debt in his first five years in office than all the presidents who preceded combined.

The marketable debt of the U.S. government includes all debt securities sold by the U.S. Treasury that can be held by individuals, corporations or other entities outside the U.S. government and that can be sold in the secondary market.

It does not include money the Treasury has borrowed out of government trust funds—such as the Social Security Trust Fund—to spend on other government expenses when those trust funds were running surpluses.

The marketable debt of the U.S. government now includes Treasury bills, which mature in 52 weeks or less; Treasury notes, which have maturities between 2 and 10 years; Treasury bonds, which mature in 30 years; Treasury Inflation-Protected Securities (TIPS), which have maturities of 5, 10 and 30 years; and Floating Rate Notes (FRNs), which are sold on 2-year terms.

At the end of January 2009, the month Obama took office, the marketable debt of the U.S. government was $5,749,916,000,000, according the Treasury’s Monthly Statement of the Public Debt. This included $1,792,889,000,000 in Treasury bills held by the public; $2,825,174,000,000 in Treasury notes held by the public; $591,174,000,000 in Treasury bonds; and $516,209,000,000 in TIPS.

It also included $23,754,000,000 in marketable Treasury bills, notes, bonds, TIPS and Federal Financing Bank notes that, according to the Treasury, were held by federal agencies.

In addition to the $5,749,916,000,000 in marketable debt as of the end of January 2009, the Treasury also reported $4,882,164,000,000 in nonmarketable debt owed by the government at that time, including $4,291,027,000,000 in nonmarketable intragovernmental debt.

By the end of January 2014, the marketable debt of the U.S. government had increased to $11,825,322,000,000. This included $1,484,438,000,000 in Treasury bills held  by the public; $7,922,464,000,000 in Treasury notes held by the public; $1,421,110,000,000 in Treasury bonds held by the public; $959,058,000,000 in TIPS held by the public, and $15,000,000,000 in FRNs held by the public. There was also $23,252,000,000 in marketable debt held by government agencies.

In addition to the $11,825,322,000,000 in marketable debt as of the end of January 2014, the Treasury also reported $5,467,698,000,000 in nonmarketable debt, including $4,961,625,000,000 in nonmarketable intragovernmental debt.

From January 2009 to January 2014, the marketable debt of the U.S. government increased $6,075,406,000,000—or about 106%

The Federal Reserve is now the largest owner of the U.S. government’s marketable debt. As of Feb. 12, 2014, according to the Fed’s latest balance sheet, the Fed owned $2,261,099,000,000 in U.S. Treasury securities.

Entities in the People’s Republic of China are the second largest owners of the U.S. government’s marketable debt. As of the end of December, according to data released by the U.S. Treasury today, the Chinese owned $1,268,900,000,000 in U.S. Treasury securities—down from $1,316,700,000,000 at the end of November.

In January 2014, according to the Treasury, the U.S. paid an average interest rate of only 1.998 percent on its marketable debt. In January 2009, when Obama took office, the Treasury was paying an average interest rate of 3.116 percent on its marketable debt; and, in January 2001, when President George W. Bush took office, the Treasury was paying an average interest rate of 6.620 percent on its marketable debt.

That means that the average interest rate on the U.S. government’s marketable debt is currently less than a third of what it was in 2001—when the U.S. had only $2,977,328,000,000 in marketable debt, or about 25 percent of the marketable debt it has now.

Also in January 2001, the Federal Reserve owned only $518,441,000,000 in U.S. Treasury securities, or about 23 percent of what it owns now.

~Steve~

http://cnsnews.com/news/article/terence-p-jeffrey/106-obama-has-more-doubled-marketable-us-debt