Guns N’ Rose colored deals

Hagmann P.I.
August 24, 2012
Guns N’ Rose colored deals

By Douglas J. Hagmann

The more research and investigation one does into the Obama-Napolitano-Holder ATF-sanctioned Fast and Furious operation, the greater the stench that emanates from the ties between Obama, his minions, and the global bankers. From claims of “executive privilege” by Obama to the outright persecution of whistleblowers trying to do the right thing, we are now seeing the actual unveiling of the incestuous ties between globalist bankers and the present power elite in Washington.

According to a letter sent Tuesday from Senator Chuck Grassley, Ranking member of the U.S. Senate Judiciary Committee, and Representative Daryl Issa, Chairman of the Committee on Oversight and Government Reform, to ATF Acting Director B. Todd Jones, a key suspect (my word) in the Fast and Furious criminal operation has not only been on paid administrative leave for the last several months but is concurrently working in the private sector and receiving income from that job as well.

At the center of this latest controversy is William McMahon, former Deputy Assistant Director for Field Operations at the ATF. The findings from the first phase of a three-part congressional investigation that was published on 31 July 2012 stated the following about McMahon:

Though he served as the crucial link between ATF headquarters and the Phoenix Field Division, Bill McMahon admittedly rubber stamped critical documents that came across his desk without reading them. In McMahon’s view, it was not his job to ask any questions about what was going on in the field. McMahon gave false testimony to Congress about signing applications for wiretap intercepts in Fast and Furious (emphasis by this author).

According to Senator Grassley and Representative Issa, McMahon is a full-time employee of ATF’s Office of Professional Responsibility, on paid administrative leave and awaiting his retirement (with a six-figure salary and full government benefits). In the interim, however, McMahon is serving as Executive Director of the Global Security and Investigations Group for none other than JP Morgan Chase in the Philippines.

As noted by the letter, this unusual arrangement is “apparently designed to allow Mr. McMahon to reach retirement eligibility while on extended leave…and simultaneously begin a second career before separating from government employment.” The hubris of ATF and government officials is clear, as it obviously awards those involved in the gun running operation while sending a chilling message to anyone who has already or might be thinking about coming forward to expose wrongdoing and criminal behavior at the highest levels of government.

JP Morgan and Obama: Follow the money

Briefly setting aside the convenient employment arrangement between a top government official found to have lied to a congressional investigative body and his reward of a double-dip income arrangement, let’s look at other aspects that few seem to want to discuss about the Obama “regime.”

First, JP Morgan is the largest processor of food stamp benefits in the United States. They process food stamp debit cards in over half of the states and the District of Columbia in the U.S., and are paid for each transaction they process. Ultimately, the more people who become recipients of food stamps (actually, food debit cards), the more revenue that is generated by JP Morgan. When one considers the increasing number of food stamp recipients, it is clear that the JP Morgan’s revenue is increasing. If one understands the workings of the system, their revenue is increasing on the backs of taxpayers.

Looking at the larger picture, this might help explain why JP Morgan was one of Barack Hussein Obama’s largest financial contributors to his 2008 presidential campaign, where they gave a whopping $800,000.00. Perhaps this is one reason that Obama maintains an investment portfolio in JP Morgan Chase, and during his May 12, 2012 appearance on The View, hailed JP Morgan Chase’s CEO Jamie Dimon “as one of the smartest bankers we’ve got.” This, despite the $25 million transfer to JP Morgan under the 2008 Troubled Asset Relief Program (TARP) and a subsequent admission of $2 billion in trading losses.

Relevant to the ATF, it is important to note that JP Morgan Chase also administers the credit cards issued to the ATF as well. It should outrage everyone to consider the possibility that murdered Border Patrol Agent Brian Terry had a JP Morgan Chase credit card in his wallet the day he was gunned down and that one of the very people who bear a level of responsibility for his death lands a job with JP Morgan while continuing to suck on the very chafed teat of the American taxpayer.

What a deal for McMahon, and what a shame for justice. There is a trail of blood leading from the dusty Arizona desert to Pennsylvania Avenue and Wall Street, and yet no one wants to address the bloody footprints.

HAGMANN P.I. (Doug Hagmann)
Private Investigator for over 35 years. TV Host, Radio Host and Author.

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