Andrew C. McCarthy, Former Assistant United States Attorney Says … “Barack Obama is Guilty of Committing Serial Fraud” … “The Remedy is Impeachment”

WOW, this is a must see VIDEO … “Barack Obama is Guilty of Committing Serial Fraud”

Someone has finally come out and said it, Andrew McCarthy, a former Assistant US attorney said last night on the ‘Kelly Files,’ that President Barack Obama was guilty of committing serial fraud against the American people.

“If ever there has been a fraud on the entire American people it’s this one. And, I would say, Megyn, this business about, “you want your plan, you keep your plan,” is just the beginning of it … We’re talking about serial fraud on multiple levels and multiple level misrepresentations… This is an ‘in your face’ almost a crude fraud … The remedy the Framers gave us for reigning in executive excess especially if it gets this abusive is impeachment. Impeachment is a political remedy not a legal remedy… This is a big scandalous scheme and the more you look at it, systematic dishonesty is rife all the way through it.”

VIDEO Hat Tip – The Gateway Pundit

Fraud:

A false representation of a matter of fact—whether by words or by conduct, by false or misleading allegations, or by concealment of what should have been disclosed—that deceives and is intended to deceive another so that the individual will act upon it to her or his legal injury.

Fraud is commonly understood as dishonesty calculated for advantage. A person who is dishonest may be called a fraud. In the U.S. legal system, fraud is a specific offense with certain features.

Fraud is most common in the buying or selling of property, including real estate, Personal Property, and intangible property, such as stocks, bonds, and copyrights. State and federal statutes criminalize fraud, but not all cases rise to the level of criminality. Prosecutors have discretion in determining which cases to pursue. Victims may also seek redress in civil court.

Fraud must be proved by showing that the defendant’s actions involved five separate elements: (1) a false statement of a material fact,(2) knowledge on the part of the defendant that the statement is untrue, (3) intent on the part of the defendant to deceive the alleged victim, (4) justifiable reliance by the alleged victim on the statement, and (5) injury to the alleged victim as a result.

Andrew McCarthy’s article from The National Review Online, ‘Obama’s Massive Fraud‘:

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.

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A material omission is the intentional failure to state any fact the communication of which would be necessary to ensure that statements already made are not misleading. The concept of material omission is a staple of fraud prosecutions. A good example is the Obama Justice Department’s ongoing and transparently political effort to portray financial institutions — as opposed to government policies — as the proximate cause of the mortgage-industry collapse that resulted in our national economic meltdown. (Read full article)