Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Barack Obama is a Left-wing Social Climber with a Wife Who Loves to Shop

Politics / US Presidential Election 2012 Sep 08, 2012 - 12:12 PM GMT

By: Gary_North


Best Financial Markets Analysis ArticleIn my article on the letter I received from a lawyer who insisted – inaccurately – that Michelle Obama let her license to practice law go inactive when her husband surrendered his license in early 2008, I responded: “Did Romney surrender his license? No. Did either of the Clintons surrender theirs? No. Did Nixon surrender his? No.”

I was responding to the argument that it was to be expected that a candidate for the nomination of President would surrender his right to practice law. On the contrary, it had never happened before in American history.

Then I listed people who had not surrendered their licenses: Romney, both Clintons, and Nixon. I thought this point was obvious: I was talking about the nomination. Romney is not President. Neither is Mrs. Clinton.

Nixon surrendered two licenses after he left the White House: California and the Supreme Court. He tried to surrender his third license in New York State. The state Bar’s disciplinary agency disbarred him in July of 1976. It asked him to sign a statement that he was innocent of obstruction of justice. Not wanting to perjure himself, he refused.

Clinton’s situation was similar. The Wikipedia entry on the legal case of Clinton v. Jones explains.

On April 12, 1999, Wright found Clinton in contempt of court for “intentionally false” testimony in Jones v. Clinton, fined him $90,000, and referred the case to the Arkansas Supreme Court’s Committee on Professional Conduct, as Clinton still possessed a law license in Arkansas.

The Arkansas Supreme Court suspended Clinton’s Arkansas law license in April 2000. On January 19, 2001, Clinton agreed to a five-year suspension and a $25,000 fine in order to avoid disbarment and to end the investigation of Independent Counsel Robert Ray (Starr’s successor). On October 1, 2001, Clinton’s U.S. Supreme Court law license was suspended, with 40 days to contest his disbarment. On November 9, 2001, the last day for Clinton to contest the disbarment, he opted to resign from the Supreme Court Bar, surrendering his license, rather than facing penalties related to disbarment.

So, Nixon escaped disbarment in two instances, but not the third, by surrendering his license. Clinton resigned his Supreme Court license in order to avoid disbarment. He was suspended in Arkansas, but not disbarred.

My points in all this are simple with respect to the Obamas’ licenses to practice law: (1) Michelle Obama went inactive in 1994, despite a Harvard Law School degree, which is very strange, unless she was doing so to avoid a hearing on something; (2) her husband “retired” in January 2008. I am not saying that they were ever formally charged with misconduct. I am saying that the most plausible reason for their having abandoned their licenses was to avoid disciplinary action and the threat of public disbarment. That was what Nixon and Clinton fully understood. My critics do not, or, being lawyers, pretend not to.

Obama’s supporters – several of them lawyers – have sent me emails crying “foul.” I don’t much care. This is not a court of law. This is a court of public opinion.

The Snopes entry does not deal with the problem, namely, providing a plausible explanation for two people walking away from the lifetime income and prestige to be gained by certification by Harvard Law School. Michelle Obama was 29 when she quit (went inactive). The Bar granted her this request when she turned 30.

Let me remind readers of the main point I was making in my original article, namely, that President Obama is not a Marxist, because he does not believe in proletarian revolution. Barack Obama is a Left-wing social climber with a wife who loves to shop. Second, he is under control by his handlers, because they know why he and his wife are no longer allowed to practice law. It was voluntary on their part in the same was that it was voluntary on Nixon’s part and Clinton’s part. If you want to avoid being disbarred, you can retire or else go inactive.

If you want to avoid a hearing on whatever issue a critic has raised with the Bar, the matter will not be raised publicly if you go inactive or retire. It is all informal. You are allowed to depart gracefully. No hard feelings. There is still hope. And there surely has been change.

Gary North [send him mail ] is the author of Mises on Money . Visit . He is also the author of a free 20-volume series, An Economic Commentary on the Bible .

© 2012 Copyright Gary North / - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2022 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in