Wednesday, April 13, 2016

Another round of BULLSHIT against Ken Paxton

"Yes, and all who desire to live godly in Christ Jesus will suffer persecution."
2 Timothy 3:12

On Monday, the Obama administration filed a civil lawsuit against Ken Paxton; there's nothing new in their case except another legal bill for Ken and Angela.

The facts of the case haven't changed since last summer when Watchdog explained:
The two charges of fraud against Paxton don’t involve misrepresentation on Paxton’s part, or any other violation of a clear principle. Rather, the prosecutors think Paxton should have volunteered more information about his own investments in the course of selling stock in a company, and that his not doing so amounts to fraud.


Paxton isn’t being accused of telling a lie, which is a factual question. He’s being accused of the much more subjective charge of misleading investors by failing to state a material fact. Actually, the indictments just allege the failure to state a fact; they don’t explain how anyone was misled.


According to court records filed by the SEC, the kernel of truth to those claims was that Freescale had agreed to test the servers in mid-2012, and at the end of the year, an Amazon employee expressed interest in testing out one of Servergy’s servers for his personal use.

In early 2013, Mapp apparently emailed Paxton, among other people who solicited investors, bragging that he was about to ship his first order from Amazon.

One might assume Paxton then went and told investors about a pending Amazon contract that would send the stock value through the roof, only one would be wrong.

The two fraud indictments against Paxton are over solicitations made in July 2011, long before Mapp got the idea to talk up Freescale or Amazon.

Paxton’s name shows up once in the middle of a 143-page court filing in an otherwise obscure case, leading savvy observers to recognize that an operator somewhere put that item out. That, and the involvement of Cook, who’s closely allied with Speaker Joe Straus, a Paxton antagonist, is one of the factors suggesting forces at work behind the scenes.

[Author's Note: Emphasis added.]
The Obama administration's lawsuit against Ken doesn't contain any new accusations.  It merely rehashes the same nonsense we've already heard.  Unfortunately, it also entails another legal bill.

That being said, there is a certain synergy seeing the Obama administration follow Team Straus' theory of this case, considering how Team Straus has pressured the Texas "Ethics" Commission to follow the lead of Obama's IRS pursuing vendettas against conservative activists.

Oh, and the SCOTUS argument over Obama's executive amnesty just HAPPENS to be next week....

Bottom Line: There's NOTHING new in this latest accusation.  There's nothing new in seeing the Obama administration and Team Straus pursue similar strategies against outspoken conservatives.  The only thing new in this case is the additional legal bill Ken and Angela will now have to pay.

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