Posted on 03/26/2009 10:04:54 AM PDT by Ernest_at_the_Beach
Damn! A bunch of crooks running this country. Egads!
btt
Thanks Ernest. Sounds like a trick question. Another one — will he actually pay taxes on the money he made?
Kleptocracy.
It was just an honest mistake. At least he didn’t say anything racist. < sarcasm>
So Rahm Emanuel is simply a crook, a common criminal by nature and act.
filed under: how to evade taxes legally....if you’re from Chicago....Democrat....have your own army.....are a puppetmaster for a US president. It’s a fairly small file.
And nobody went to Jail ???,,,:0/,,,Ya’Rite!!!
Its a riot!
The foudation of the crisis rests with the Senators of 5 states which had the fannie / freddie subprime mortgage rails greased with Dem/RINO porkers:
Florida,Wisconsin, Colorado,Arizona,Nevada.
Harry Reid and McCain were in the thick of it.
Those states represent the crux of the mortgage crisis, with Nevada havinga 48% residential mortgage default rate. Harry has this all over him, he is covered in stink.So is McCain.
This is why the Dem party is gonna get those "nasty" bankers!
The fault rests squarely with 10 Senators who pushed the subprime mortgage fiasco in their respective states.Harry Reid is the worst of them. They did this by pushing banks to get on the Fannie Freddie subprime wagon, and the Fannie /Freddies made banks take the "bad" mortgages in order to get the good ones. Oone can hardly blame "Wall Street."
Of course these senators will not be held "accountable." If the truth were widely known, they would be turfed from office.
Solve the mortgagage crisis in those 5 states, and there would be no mortgage crisis. Solve it by getting rid of the Senators who pushed it.
Then close down Fannie/Freddie, and set up a new agency without any political input anywhere, and for heavens sakes, Get rid of Barney Franks.He and his live in Fannie / Freddie Mgr. lover were responsible for a great part of the mess.
Yes indeedy. Get those Bankers, the dirty rats. LOL.
The same kind of sub prime mortgages continue to be written as we speak.
Sadly not the GOP we used to know.
BTTT!!!!
bttt
Is there a post dealing with JUST this subject?
GOP rep says Fannie Mae exec got loan perks (Anyone surprised?)
And there is this at Slate:
Fannie Mae CEO Franklin Raines
Don't blame him for the mortgage giant's scandal
yet.
************************EXCERPT**********************
Posted Thursday, Oct. 7, 2004, at 5:57 PM ET
On Wednesday, when Fannie Mae CEO Franklin Raines appeared before a House subcommittee to address allegations that he and his finance team had cooked the mortgage giant's books, he had three choices: One, he could do what other CEOs have donetake the Fifth (a prudent legal tactic, even for the innocent, albeit wimpy and unsatisfying). Two, he could claim he was shocked to discover that his finance department was staffed by hoodlums (also typical, even less admirable). Three, he could stand behind the accounting, his team, and his company, explain the decisions, and suggest that the allegations were wrong.
Raines chose option No. 3, which increased his personal risk and raised a for-now unanswerable question: Is he the perpetrator of an accounting crime, the target of a political witch hunt, or the victim of an overzealous bureaucracy?
The subcommittee collared Raines after Fannie Mae's regulator, the Office of Federal Housing Enterprise Oversight (or OFHEO), published a 211-page diatribe citing a litany of sins: "pervasive and willful" earnings manipulation, lax controls, perverse incentives, unjust bonuses. The press pounced, likening Fannie Mae to Enron, calling for Raines' head. The Securities and Exchange Commission launched an inquiry, the Justice Department a criminal investigation.
Thanks Ernest.
Bump
Has the MSM sold out so completely that there's no room for this kind of story?
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