The Politics of Prosecution at AG Holder's Justice Department | American Center for Law and Justice
  Search  |  Login  |  Register

By Jay Sekulow1336502352000

Newsweek has published an interesting and very telling investigative story that reveals that despite a lot of fanfare about the creation of a massive task force to probe and prosecute financial fraud, Eric Holder's Justice Department has little to show after nearly four years.

The story also raises important questions about whether the lack of prosecutions has any link to the fact that Holder has ties a top-tier law firm that represents some of the big financial institutions.

In fact, criminal prosecutions in the financial sector are at a 20-year low. The fact is there's been virtually no criminal prosecutions at all regarding the top financial institutions responsible for the economic collapse. As Newsweek reports, "there has not been a single criminal charge filed by the federal government against any top executive of the elite financial institutions."
 
On America's Newsroom on FOX today, I told Martha MacCallum what's taking place in the Justice Department really represents the politics of prosecution. The Obama Administration set-up an entire team and the fact is nothing has happened of any significance. You can watch the interview here.

Another interesting fact from the Newsweek article: in 2008, then-candidate Obama raised some $16 million from Wall Street, far outpacing any of the other candidates when it came to campaign support from the financial sector.
 
That fact - and lack of prosecutions - has not gone unnoticed by many, including Phil Angelides, the Democratic former California treasurer who chaired the bipartisan Financial Crisis Inquiry Commission. He told Newsweek: "It's perplexing at best. It's deeply troubling at worst."
 
Jay Sekulow

Latest in
Constitution

We Must Not Follow in the Footsteps...

By Nicole Smith1457734516425

The craze a presidential election cycle creates often makes it difficult to keep sight of what our Founding Fathers intended for us as citizens of this United States of America. When the political-rapidness begins to sweep over me – before it fully envelopes my whole being - I try to take a step...

read more

Election: Don't Overlook the Bureaucracy

By Jay Sekulow1454452784878

With the political season in high gear, it is clear Americans are concerned about the top issues like terrorism and the economy. And with the focus now squarely on the presidential race, it’s important to remember there’s another issue that demands the attention of all Americans – a burgeoning...

read more

Bureaucratic Corruption: IRS Illegally...

By Jay Sekulow1454089126060

The Obama Administration’s IRS continues to become an ever-more-tangled web of bureaucratic blunders and corruption. The investigative report from The Daily Caller is worth reading in full. It’s mind-boggling how the revolving door of corruption and ineptitude combines to create an IRS absolutely...

read more

How the Government is Stealing Your...

By ACLJ.org1453822711046

Your rights are being violated and your freedom is under attack. The Obama Administration’s out-of-control bureaucracy continues to discriminate against conservatives and Christians, passes job-killing regulations that hurt our economy, and seethes with corruption that results in adoptive parents...

read more