[VIDEO] Former Federal Prosecutor: Obama Is Guilty of SERIAL FRAUD

MEGYN KELLY, FOX NEWS HOST: Half the country thinks the president knowingly lied 

MEGYN KELLY, FOX NEWS HOST: Half the country thinks the president knowingly lied when he promised you could keep your health care plan if you like it, period. Four in ten believe he just didn't know that this pledge would be broken. And consider this, 55 percent of solid majority of the American people say this administration has tried to deceive the public about the health care law. And the big picture number, nearly nine in 10 people, 86 percent say, elected officials in Washington are adding to the country's problems, not solving them.

Andrew McCarthy is a former federal prosecutor, best known for putting away the terrorists behind the 1993 World Trade Center bombings and he just wrote a column for National Review online talking about the president's broken promises. And coming right out in this piece, Andy and saying that Barack Obama is guilty of fraud, serial fraud.

ANDREW MCCARTHY, FORMER FEDERAL PROSECUTOR: Right. Serial fraud.

KELLY: Explain it.

MCCARTHY: Far more serious than people who routinely get prosecuted by the Justice Department. Just the lie about if you like your plan, you can keep your plan which basically just scratches the surface of the fraud here was repeated systemically and numerous times years after we can prove that he knew what he was saying was not true. We have millions of victims. They've been untold billions of losses here. And if you look at what the U.S. attorneys guidelines say about prosecuting fraud cases, they talk about frauds of big classes of people, like people who are the in the market for purchasing insurance on your own rather than getting it through your work.

Via: Fox News

Continue Reading.....

If Obama were a corporate executive, he'd be prosecuted for fraud

Andrew McCarthy, a former federal prosecutor of distinction, has written an important column for National Review Online, laying out what would happen to a corporate executive who behaved as President Obama has, selling an insurance product. I laid out the case that Obama was guilty of fraud late last month, but McCarthy's expertise and careful explication are of a much higher level.

The entire article deserves to be read in its entirety. But here is a sample:

Fraud is a serious federal felony, usually punishable by up to 20 years' imprisonment - with every repetition of a fraudulent communication chargeable as a separate crime. In computing sentences, federal sentencing guidelines factor in such considerations as the dollar value of the fraud, the number of victims, and the degree to which the offender's treachery breaches any special fiduciary duties he owes. Cases of multi-million-dollar corporate frauds - to say nothing of multi-billion-dollar, Bernie Madoff-level scams that nevertheless pale beside Obamacare's dimensions - often result in terms amounting to decades in the slammer.

Justice Department guidelines, set forth in the U.S. Attorneys Manual, recommend prosecution for fraud in situations involving "any scheme which in its nature is directed to defrauding a class of persons, or the general public, with a substantial pattern of conduct." So, for example, if a schemer were intentionally to deceive all Americans, or a class of Americans (e.g., people who had health insurance purchased on the individual market), by repeating numerous times - over the airwaves, in mailings, and in electronic announcements - an assertion the schemer knew to be false and misleading, that would constitute an actionable fraud - particularly if the statements induced the victims to take action to their detriment, or lulled the victims into a false sense of security.

Via: American Thinker

Continue Reading.....