Is there any area of the public trust and governmental fiduciary duty on behalf of all US citizens that the Bush Administration has not corrupted, sold out and eviscerated? No! None! Pick a rock, any rock; turn it over and you will find a new and insidious way that Bush and his Republican enablers have screwed the American people.
The latest example appears to be a systematic effort by political appointees under Alberto Gonzales to give literally giant gifts to big business and corporate crony donors by slashing the amounts recovered by the US Trustee's Office, on behalf of the American public, from businesses filing for bankruptcy and their corporate creditors. It appears as if the Bush DOJ, through the Executive Office of the United States Trustee has aided, abetted and enabled a consistent pattern of direct fraud upon the American public. There is very little in the public domain to date on this substantial issue. Although difficult to read due to a complicated series of facts, and complex bankruptcy language, this article by Laser Haas will give a good idea as to how big this issue really is.
What Haas describes is inherently consistent with other, more familiar, actions we have seen out of the Bush/Gonzales DOJ such as the insane reduction of the penalty sought on the tobacco litigation and other penalties and assessments either not sought, or sought in inexplicably reduced amounts, against big corporate and business friends. Admittedly, bankruptcy fraud does not have the glossy outrage factor of the US Attorney aspect, but it would be every bit as much a breach of the public trust and fiduciary duty. If the pattern that Haas describes is in fact true, and at this point of the miasma with the Bush crew it must be assumed that it is, billions of dollars are being left on the table to the benefit of their corporate cronies and to the detriment of everything the people need to fund such as education, healthcare, infrastructure etc.
Saturday, April 28, 2007
A New Area Of Massive Corruption By The Bush/Gonzales DOJ Is Exposed: Bankruptcy/US Trustee Fraud
Posted by
bmaz
at
2:09 PM