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The Obama administration's Justice Department has given federal prosecutors the go ahead to prosecute former Senator and presidential candidate John Edwards, ABC reported late Tuesday.
Edwards is aware he is facing an indictment and is considering his options, ABC's Jonathan Karl reported.
Federal prosecutors were reportedly nearing a decision in the case against the former Democratic Senator from North Carolina as of February. Federal prosecutors have been working on a case alleging Edwards violated election laws as he tried to cover up his affair with campaign videographer Rielle Hunter.
I wonder what Edwards did to "piss" them off that we don't know about
“John Kerry and I believe that we shouldn't have two different economies in America: one for people who are set for life, they know their kids and their grand-kids are going to be just fine; and then one for most Americans, people who live paycheck to paycheck...
“So let me give you some specifics. First, we can create good-paying jobs in this country again. We're going to get rid of tax cuts for companies who are outsourcing your jobs... [applause] and, instead, we're going to give tax breaks to American companies that are keeping jobs right here in America...
“Well, let me tell you how we're going to pay for it. And I want to be very clear about this. We are going to keep and protect the tax cuts for 98 percent of Americans -- 98 percent. We're going to roll back -- we're going to roll back the tax cuts for the wealthiest Americans. And we're going to close corporate loopholes...
Mr. Edwards has been critized improperly IMO for his being wealthy and being of the "other America", as a sign of hypocrisy. President Franklin D Roosevelt was wealthy and did much for those of the "other America", but that was at a time when there was still noblise oblige. To be wealthy was not necessarily hypocritical.
.... Franklin D Roosevelt was wealthy and did much for those of the "other America", but that was at a time when there was still noblise oblige....
...Ignorance about the law’s broad reach (and how it will be construed by the courts) has thwarted opposition to the bill, which will likely pass Congress. For example, a newspaper claims the bill “doesn’t regulate home gardens.” The newspaper probably assumed that was true because the bill, like most federal laws, only purports to reach activities that affect “interstate commerce.” To an uninformed layperson or journalist, that “sounds as if it might not reach local and mom-and-pop operators at all.” (The bill’s sponsor, Rep. Rosa DeLauro, has sought to forestall opposition to her bill by falsely claiming that that “the Constitution’s commerce clause prevents the federal government from regulating commerce that doesn’t cross state lines.”)
But lawyers familiar with our capricious legal system know better. The Supreme Court ruled in Wickard v. Filburn (1942) that even home gardens (in that case, a farmer’s growing wheat for his own consumption) are subject to federal laws that regulate interstate commerce. Economists and scholars have criticized this decision, but it continues to be cited and followed in Supreme Court rulings, such as those applying federal anti-drug laws to consumption of even home-grown medical marijuana. Indeed, many court decisions allow Congress to define as “interstate commerce” even non-commercial conduct that doesn’t cross state lines... www.examiner.com...
....In late 1991 Yeltsin turned to the advice of Western economists, and Western institutions such as the IMF, the World Bank, and the U.S. Treasury Department, who had developed a standard policy recipe for transition economies in the late 1980s. This policy recipe came to be known as the "Washington Consensus" ....
Some economists argue that in the 1990s Russia suffered an economic downturn more severe than the United States or Germany had undergone six decades earlier in the Great Depression.[10] Russian commentators and even some Western economists, such as Marshall Goldman, widely blamed Yeltsin's Western-backed economic program for the country's disastrous economic performance in the 1990s....
en.wikipedia.org...