Jack Lew's Triple Whammy - IRS Ignorance, Corzine Corruption, And The 'War On The Poor'

Tyler Durden's picture


While some, we are sure, will view this brief clip as partisan showmanship by Representative Steve Pearce, the questions he asks Treasury Secretary should surely be responded to in some manner that is anything but the typical perfunctory shrug these matters normally garner. From Lew's apparent disbelief that the IRS Audits debacle was in any way 'political' to Lew's "waiting for the investigation' on Jon Corzine's misappropriation of funds, and finally to the "War on the Poor" that Pearce describes the current administration's policies (for the benefit of Wall Street); these few minutes are well worth some time as we 'remember' this weekend.

"For New Mexico, we recognize a war on the poor when we see it"

(h/t Sense On Cents)

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Fri, 05/24/2013 - 21:49 | 3597610 all-priced-in
all-priced-in's picture

Jack Lew's  response --

But we released pictures from Obama's senior prom - what else could people want from us?



Fri, 05/24/2013 - 21:53 | 3597629 newengland
newengland's picture

That will not appease the BIS which dislikes political losers.

Fri, 05/24/2013 - 22:58 | 3597757 markmotive
markmotive's picture

This is not new. There has always been a war on the poor.

But...apparently we're getting stupider, so it's getting even easier to screw the middle class and poor.


Fri, 05/24/2013 - 23:08 | 3597778 newengland
newengland's picture

Always is rather different than now, and what people who live now are willing to do about their fate.

The BIS is most unhappy with its well paid minions in government, and tax funded commercial banks.

If you live in a country with a central bank, then you ought to be more aware of the BIS, not its minions, and snivelling career politicians, lobbyists and commercial banks bailed out with tax money.

Sat, 05/25/2013 - 00:57 | 3597932 Troll Magnet
Troll Magnet's picture


Oh, wait...

Sat, 05/25/2013 - 02:07 | 3597984 redpill
redpill's picture

I don't know why they call him Lack Jew, he seems to have it all in spades!

Fri, 05/24/2013 - 23:12 | 3597786 kchrisc
kchrisc's picture

Let's be crystal clear: government is a war on the poor and creates more poor from the middle-class.

Sat, 05/25/2013 - 12:30 | 3598404 Buckaroo Banzai
Buckaroo Banzai's picture

Bingo. A tiny elite cannot dominate unless they have a huge number of people who are wholly dependent upon them for their very subsistence.

Any elitist society can only function when the top and the bottom of the pyramid conspire against the middle.

Sat, 05/25/2013 - 12:21 | 3598390 jerry_theking_lawler
jerry_theking_lawler's picture

ah, therein lies the rub....

in the 'take from the rich and give to the poor' meme, the poor does not realize that they are only receiving a very small % of what is taken.....the rest is skimmed off by the .gov and its officials.

this is why us ZHs call this 'doing gods work'......their god is greed, power, money (which are all actually one in the same).....

if the public honestly thinks they can get something for nothing, they are sadly mistaken. they loose their freedoms with the acceptance of each FRN that is given to them......

Sat, 05/25/2013 - 23:30 | 3598888 Al Gorerhythm
Al Gorerhythm's picture

This is not new or newsworthy. It is however, noteworthy.

This dog and pony show is a diversion away from the real problem; the theft of the wealth of the nation by the debt based system of government, as symbiotically fed by tranfusions from the Federal Reserve. Governments globally engorge on the productivity of the worker. In order to undermine the independence of the citizen, all that needs to be done is to undermine the foundation of his independence, (thereby making him dependenet).

What is that foundation? His laws underpinning his labour and the money tokens he values it in. 

How do you undermine his laws? Re-interpret them or ignore (break) them.

How do you devalue his money? Counterfeit it. It is the only way.

Who controls the issuance of that money? A group of private banks.

Who enshrines the legitimacy of the counterfeiting process? The government with legal tender laws.

Whose laws protect us from counterfeiting? Why, the people's laws; The Constitution.

Who is disregaring those laws but claim to have had no responsibility over it? Every oath-sworn member of the Congress, Senate, Judiciary, Military, Police. In fact, every member of any government who is not publicly denouncing the constitutional illegality of the government endorsed, privately owned cartel of counterfeiters known as the Federal Reserve Bank.

This guy knows it.

They ALL know it.

Don't let them divert you from the truth of knowing about it.

Fri, 05/24/2013 - 22:15 | 3597670 Ying-Yang
Ying-Yang's picture

“When I was a kid I inhaled frequently. That was the point.”

- Marijuana Quote By Barack Obama

Sat, 05/25/2013 - 10:46 | 3598279 logicalman
logicalman's picture

Oh, No.

I agree with BO on something!!!!


Sat, 05/25/2013 - 10:55 | 3598285 Doña K
Doña K's picture

But did he swallow?

Fri, 05/24/2013 - 22:54 | 3597750 yogibear
Sat, 05/25/2013 - 09:31 | 3598198 tango
tango's picture

Hope you realize how uttery absurd comments like this sound -  unless you actually believe that certain religious types act a certain way.  It's a notion totally born of ignorance and rejected by science but what they hey - bashing Jews is always good for a few laughts on ZH. And no, Lew doesn't work for Wall Street, we works for Obama.  I still can't figure out what the fascination Christians have with Jews - it's so...primitive. 

Sat, 05/25/2013 - 09:58 | 3598227 Sparkey
Sparkey's picture

I agree with you Tango all this is a waste of time, for the real news go to Yahoo, there you will find an in depth analysis of what Gov. Chris Christie said to Snooki, there is a picture of them standing together and everything, this is great Christie and Snooki in the same picture! how can I make a copy for the wall?

Sat, 05/25/2013 - 17:58 | 3598832 Ying-Yang
Ying-Yang's picture

and... just visualize both of them bumping uglies.





Sat, 05/25/2013 - 10:46 | 3598276 tarsubil
tarsubil's picture

Jews have always been connected to finance. Many become lawyers as well as doctors. I prefer Jew doctors and when I'm in the need Jew lawyers. Jews do tend to do these things. It might be their genetics even though given the relatively extremely high rates of recessive genetic diseases among the population there is a suggestion that the inbreeding has taken its toll genetically. My guess is that Jews are more a product of their culture. They tend to be professionals. Chinese that come to America tend to really work hard at school. Rich oligarch youth Chinese that stay in China tend to be stupid. Urban blacks tend to do poorly at everything besides sports. African blacks that come to America tend to do well at school and professionally. Whites depending on their culture here in America (Northeast, Midwest, South, California) are all over the place. The point being, culture does make a difference for Jews like it does for all human beings, that is Jews are human beings like me and you, and genetics doesn't seem to be as big of a factor. Jew culture tends to put them in finance. Sad thing is that since the financialization of this country and the world began in the early 1900s, Jews tend to get the positions which are now responsible for destroying everything. Still, I prefer Jew doctors for myself and daughter and lawyers (my ex-wife went with a white lawyer and she is pretty much fucked).

Sat, 05/25/2013 - 18:31 | 3598874 F. Bastiat
F. Bastiat's picture

Well, if there's one thing we know for certain, it's that he's cut from the same neo-Bolshevik cloth as Cass Sunstein, Peter Orszag, and Gyorgy Schwartz.

Sat, 05/25/2013 - 01:39 | 3597973 Go Tribe
Go Tribe's picture

zionist lew

Sat, 05/25/2013 - 07:47 | 3598080 nmewn
nmewn's picture

"The situation escalated in 2012. That February, True the Vote received a third request for information from the IRS, which also sent its first questionnaire to King Street Patriots. Catherine says the IRS had “hundreds of questions — hundreds and hundreds of questions.” The IRS requested every Facebook post and Tweet she had ever written. She received questions about her family, whether she’d ever run for political office, and which organizations she had spoken to."

On the same day they received the questions from the IRS, Catherine says, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) launched an unscheduled audit of their machine shop, forcing the Engelbrechts to drop everything planned for that day. Though the Engelbrechts have a Class 7 license, which allows them to make component parts for guns, they do not manufacture firearms. Catherine said that while the ATF had a right to conduct the audit, “it was odd that they did it completely unannounced, and they took five, six hours. . . . It was so extensive. It just felt kind of weird.”

That was in February. In July, the Occupational Safety and Health Administration paid a visit to Engelbrecht Manufacturing while Bryan, Catherine, and their children were out of town. The OSHA inspector talked with the managerial staff and employees, inspecting the premises minutely. But Bryan says the agent found only “little Mickey Mouse stuff, like, ‘You have safety glasses on, but not the right kind; the forklift has a seatbelt, but not the right kind.’” Yet Catherine and Bryan said the OSHA inspector complimented them on their tightly run shop and said she didn’t know why she had been sent to examine it."


And...fucking game on...True The Vote sues IRS...



Is Bob Bauer the smoking gun?

"What came next was not common. Bob Bauer, general counsel for the campaign (and later general counsel for the White House), on the same day wrote to the criminal division of the Justice Department, demanding an investigation into AIP, "its officers and directors," and its "anonymous donors." Mr. Bauer claimed that the nonprofit, as a 501(c)(4), was committing a "knowing and willful violation" of election law, and wanted "action to enforce against criminal violations."

"Also on Sept. 8, Mr. Bauer complained to the Federal Election Commission about AIP and Mr. Simmons. He demanded that AIP turn over certain tax documents to his campaign (his right under IRS law), then sent a letter to AIP further hounding it for confidential information (to which he had no legal right)."

Patterns...modus operandi...


Sat, 05/25/2013 - 09:24 | 3598188 Miss Expectations
Miss Expectations's picture

I want to see the IRS' procedure for calling in the FBI, ATF and OSHA that was used after the IRS concluded that additional special treatment was warranted.  Additionally, should the FBI, ATF and OSHA fail to destroy the applicant, what other steps were they willing to take?

Sat, 05/25/2013 - 12:34 | 3598407 nmewn
nmewn's picture

"Additionally, should the FBI, ATF and OSHA fail to destroy the applicant, what other steps were they willing to take?"

I'm thinking the EPA would be called in next to see if any carbon was being admitted. If none, ICE would have the next crack at them to check for residency status. If they pass, next up would be the CIA or DHS with a drone strike.

After all that, the USDA would come by to grade the quivering piece of meat that used to be a citizen.

Not quite prime, of course ;-)

Sat, 05/25/2013 - 15:33 | 3598652 Miss Expectations
Miss Expectations's picture

"After all that, the USDA would come by to grade the quivering piece of meat that used to be a citizen."

...Leading to a claim for SSI, which would be immediately denied.

Sat, 05/25/2013 - 17:29 | 3598793 nmewn
nmewn's picture

lol...and along with the rejection, a shakedown letter from Kathleen Sebelius at HHS asking for a "donation"...

"The links between a nonprofit promoting President Obama’s healthcare law and the White House have created an “air of expectation” that insurers will contribute to the group, according to an insurance industry official.

Current and former administration officials have taken on leadership and fundraising roles for Enroll America, a nonprofit aiming to make sure people sign up for new coverage options. As the ties grow deeper, the organization has come to feel like “just an arm of the administration,” said one official who works closely with insurers."


Nothing like having a high government official, that regulates your business, put the arm on you.

Say, dis is a nice place you'ze guys got heyah. Be a real shame if sumpin was to happen to it, know what means?

I'll have Vito come round every so often to check on it for yus ;-)

Sat, 05/25/2013 - 18:30 | 3598870 F. Bastiat
F. Bastiat's picture

That type of response shows precisely how frightened the central government is of an organized, educated, and on-deck citizenry.

Organize, educate, network. Persistently.

Sat, 05/25/2013 - 19:28 | 3598922 nmewn
nmewn's picture

I have long held that opinion.

These (the majority of them) are some of the most paranoid, suspicious, nosy, trfling, incompetent beings there are.

I'm also of the opinion, that they are soft without the bureaucracy supporting them. They will crack, if the pressure stays on.

We have to do it...for the apathetic among us ;-)

Sat, 05/25/2013 - 16:25 | 3598713 tarsubil
tarsubil's picture

I think Jack's response was, "You are being audited. And the same for anyone else on this panel that gives me shit. King Kong doesn't have shit on me."

Fri, 05/24/2013 - 21:47 | 3597612 thepsilocircus
thepsilocircus's picture

I find it hard to believe that anyone in that room would allow themselves to experience the mood altering, mind shattering, cognative dissonance tsunami required to pressure wash the protective coating of statist dopamine slime from their brains. 

Fri, 05/24/2013 - 22:06 | 3597652 LetThemEatRand
LetThemEatRand's picture

As much as this issue infuriates me and I agree with Pearce entirely in his outrage, bear in mind that Pearce is also a "statist," asking questions in a Congressional Hearing on behalf of the State.   

Fri, 05/24/2013 - 22:20 | 3597676 thepsilocircus
thepsilocircus's picture

Thank you for the response, I almost removed "statist" from my excuse of a sentence to prevent wandering thoughts.

I understand that- and while Pearce's message is important and I agree with it- the problems he's referring to are a symptom of greater issues that should be addressed. The point of failure in the system he's questioning is far from interest rates. Still, I do like the way he simply highlights one of the unfortunate effects. I'm sure he comprehends how it's hurting his constituents.


No one in that room wants what's coming to happen, but they aren't going to do anything to stop it.

Fri, 05/24/2013 - 22:25 | 3597682 LetThemEatRand
LetThemEatRand's picture

The only reason I pointed it out is that I have a philosophical disagreement with blaming "the State" for the corruption that has taken it over.  Constitutional government is anything but perfect, but it beats the alternative and this hearing at least casts a glimmer of light on why that is.   But in any event you and I are in complete agreement that Pearce is dead on.

Fri, 05/24/2013 - 22:31 | 3597699 thepsilocircus
thepsilocircus's picture

For now, I am convinced that markets are better feedback mechanisms than voting.

Who knows if states (regional monopolies on force) would exist? Although, I suppose any sort of truely voluntary environment is something of a pipe dream. 

Fri, 05/24/2013 - 22:36 | 3597718 newengland
newengland's picture

There is no honest price discovery when central banks use QE to infinity, and buy soverign debt, thereby hiding the bankruptcy of failed politics, failed central banks.

Fri, 05/24/2013 - 22:43 | 3597731 thepsilocircus
thepsilocircus's picture

Ah yes, the grand game of misallocating capital. I think we are getting close to discovering the point of failure. 

Fri, 05/24/2013 - 22:59 | 3597760 SafelyGraze
SafelyGraze's picture

'experience the mood altering, mind shattering, cognitive dissonance tsunami required to pressure wash the protective coating of statist dopamine slime'


this is why I pay the hundreds-per-month subscription to the the zh report



Fri, 05/24/2013 - 23:03 | 3597769 newengland
newengland's picture

One morning the world will wake up to a different world. I think that will happen this year, probably Q3. The reset is soon.

Sat, 05/25/2013 - 00:45 | 3597914 disabledvet
disabledvet's picture

I think it's coming Tuesday but we shall see. Don't know how long you've been lurking here but we've covered every crisis there is going on 5 years now. "Greece" happened when "times were normal." we covered that here...no one else. "the crazy people are the normal one's." if you want to survive the market place one day you better not expect normal...especially now. Insofar as the "war on savers" and anyone who works...if there no other choice than the State then I say take it. This is a war on terror...we do have a multitude of policy successes to go with out "mistakes were made"...Wall Street is swimming in what used to be "our money"...by design probably. Not saying "raise taxes through the roof" here...but it would be nice if a capitalist or two would come out to speak towards how we move the polity forward here. That war machine is going nowhere...

Sat, 05/25/2013 - 04:09 | 3598030 Offthebeach
Offthebeach's picture

At least they could Fedgov us debt slaves into green shoots, hope and changing, build some massive pyrimids. Instead we got bridges that collapse or young males walking in circles in the world's Siberias, occasionally brass ringing a land mine.
Young women are Section 8 breeders.
Old folks in pre hospice ghettos.
The rest of us at hump jobs giving up our lives to make lesse payments and mortgage rent on cars, crap, and shelter we won't ever own.

Fri, 05/24/2013 - 22:38 | 3597720 LetThemEatRand
LetThemEatRand's picture

I see balance as the answer.  The same guys who are corrupting our Constitutional government would corrupt free markets.  Checks and balances are the key, which is the brilliance of our system.  Alas even the best system is susceptible to corruption, but that's where the citizenry needs to get active and take it back.

Sat, 05/25/2013 - 01:17 | 3597946 Troll Magnet
Troll Magnet's picture

well, you know, those zionists have a pretty good track record of fucking things up pretty good for gentiles throughout history.

Sat, 05/25/2013 - 01:32 | 3597963 LetThemEatRand
LetThemEatRand's picture

It's not just the Zionists.   

Sat, 05/25/2013 - 18:23 | 3598863 F. Bastiat
F. Bastiat's picture

Repealing the 16th and 17th amendments would help dramatically by significantly reducing the centralized power in Washington, DC.


Fri, 05/24/2013 - 22:25 | 3597688 newengland
newengland's picture

They can't stop it. It's too late. The tiny boats of finance float on the great ocean of economics.

The 60s generation partied on, and made more debt than the world has ever known.

All they can do now is apply a band aid to the cancer.

They ought to take an immediate pay cut to the level of the average wage in their constituency, and forgo any tax paid entitlements, if they had any integrity.

Sat, 05/25/2013 - 07:03 | 3598079 drdolittle
drdolittle's picture

They don't.

Or, at least 95-99% of them have no integrity.

Sat, 05/25/2013 - 09:42 | 3598211 Crassus
Crassus's picture

As a baby boomer I acknowledge that my generation was the creepiest. Not for our acts as youths but for the boundless greed and "if you don't get caught you haven't commited a crime" attitude since. The 60's Great Society, Cold War, and hot war in Vietnam were expensive but take into account the, "spending the Soviets broke," strategy of the 70's and 80's. We spent them broke and ourselves as well and we have been disguising it ever since.

Sat, 05/25/2013 - 10:52 | 3598283 logicalman
logicalman's picture

Many things are 'criminal' that should be legal.

Many things are legal that should be criminal.

......because the true criminals make the laws.


Sat, 05/25/2013 - 14:55 | 3598607 Bollixed
Bollixed's picture

"The 60's Great Society, Cold War, and hot war in Vietnam were expensive but take into account the, "spending the Soviets broke," strategy of the 70's and 80's. We spent them broke and ourselves as well and we have been disguising it ever since."

Funny how those items you mentioned were initiated by the pre-Baby Boomer generation and foisted on the BB generation without the need for consent.

"As a baby boomer I acknowledge that my generation was the creepiest."

You may be surprised in a few decades at what a generation of folks who can't take the time to look up from their smart phones will produce for their offspring to inherit.

Sat, 05/25/2013 - 18:22 | 3598862 F. Bastiat
F. Bastiat's picture

Not exactly.

The USG has $17 trillion in debt, $10 trillion of which has been accumulated since 9/11/01.

The muzzies may be barbarians, but they are certainly not fools when it comes to baiting the USG into virtual bankruptcy as part of their global jihad.

Sat, 05/25/2013 - 22:36 | 3599115 Bollixed
Bollixed's picture

"The muzzies may be barbarians, but they are certainly not fools when it comes to baiting the USG into virtual bankruptcy as part of their global jihad."

Given the huge transfer of wealth up to the cronies I see it as more of case of them being pawns in a game where they are distracted by religous ideals moreso than as a backdoor way of bankrupting the USSA.

The PTB drew first blood intentionally. Methinks there's a plan afoot...

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