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Obama Administration Denies Public Access to Fannie and Freddie Documents
Right Side News ^ | February 18, 2010 | Tom Fittion

Posted on 02/20/2010 4:39:36 AM PST by RightSideNews

Just last month the Federal Housing Finance Agency (FHFA), the agency responsible for Fannie Mae and Freddie Mac, responded to our FOIA lawsuit by telling us that all of the documents we seek are not "FOIA-able"! Here's the exact language the Obama agency used in its recent court filing: "...Any records created by or held in the custody of the Enterprises reflecting their political campaign contributions or policies, stipulations and requirements concerning campaign contributions necessarily are private corporate documents. They are not 'agency records' subject to disclosure under FOIA."

(Excerpt) Read more at rightsidenews.com ...


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: acorn; bhofascism; bhotyranny; corruption; corruptobama; davidkellermann; democrats; fannie; fanniemae; fhfa; foia; fraud; freddie; freddymac; gregoryincharge; kellerman; lping; noaccountability; notransparency; obama; obamalawyer; paytoplay; rahmemaunel; ripoff; taxdollars; tyranny

1 posted on 02/20/2010 4:39:37 AM PST by RightSideNews
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To: RightSideNews

WELCOME TO THE USSR!!!


2 posted on 02/20/2010 4:40:30 AM PST by Ann Archy (Abortion,,,,,,the Human Sacrifice to the god of Convenience.)
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To: RightSideNews

Gotta give Sandy Berger a chance to get over there first.


3 posted on 02/20/2010 4:41:42 AM PST by Mrs. P ("Wonder Woman wears Sarah Palin pajamas." - Blood of Tyrants)
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To: RightSideNews

The orders are from David Gregory’s wife.

YOU WILL NOT HEAR ABOUT THIS ON THE MSM NEWS.


4 posted on 02/20/2010 4:45:11 AM PST by Diogenesis ("Resistance to tyrants is obedience to God." --Thomas Jefferson)
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To: RightSideNews
Tom Fitton was at the Tea Party in Nashville, he’s doing the hard work keeping these bastards feet to the fire.

Next stop a Federal court near you.

5 posted on 02/20/2010 4:47:27 AM PST by Recon Dad ( USMC SSgt Patrick O - 3rd Afghanistan Deployment - Day 123)
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To: Mrs. P

This also helps Andrew Cuomo in his run for NY gov.....


6 posted on 02/20/2010 4:48:59 AM PST by mewzilla (I'm not a socialist. Heck, yes, I hope Barry fails. Sheesh.)
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To: RightSideNews

Hope!

Change!

TRANSPARENCY!!!!


7 posted on 02/20/2010 4:49:29 AM PST by Ghost of Philip Marlowe (Prepare for survival.)
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To: RightSideNews

The courts will have something to say about this. A delaying tactic only.


8 posted on 02/20/2010 4:49:39 AM PST by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: RightSideNews

Bull Obama.

It’s time for some insiders to start getting these documents to the public.

I want to be there to witness the incarceration of Obama and his loons.


9 posted on 02/20/2010 4:52:23 AM PST by Da Coyote
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To: RightSideNews
"You don't need to know, little person. By the way, we will now have full access to your medical files."

--the Federal Government Bureaucracy

10 posted on 02/20/2010 4:54:46 AM PST by SoFloFreeper
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To: RightSideNews

When did Fannie and Freddie become “private” corporations?


11 posted on 02/20/2010 5:10:38 AM PST by conservativemusician
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To: RightSideNews

bump


12 posted on 02/20/2010 5:17:48 AM PST by lowbridge ("We may be wrong, but the point is, we believe in what we're doing." - Joe Biden)
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To: conservativemusician

This is just so much BS!!! These little fifedoms of preferential party finance and influence have got to be exposed. It’s not their damn money! If they aren’t willing to open their books, THEY ARE HIDING SOMETHING!
And it’s got to stop. A legitimate democracy cannot/should not be run in the shadows.


13 posted on 02/20/2010 5:18:54 AM PST by bossmechanic (If all else fails, hit it with a hammer)
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To: RightSideNews

What a maroon Oputz is to be sure!


14 posted on 02/20/2010 5:20:48 AM PST by fuzzybutt
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To: RightSideNews

I pray, if there is a merciful God in heaven, that the Republicans take over both houses of Congress in November. In order to shine the light on the corruption that started last year....

(I’m Catholic, ever optimistic!)


15 posted on 02/20/2010 5:23:09 AM PST by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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To: conservativemusician
When did Fannie and Freddie become “private” corporations?

"The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, is a stockholder-owned corporation chartered by Congress in 1968 as a government-sponsored enterprise (GSE),...

They are pretend corporations, "owned" by the public but wholly controlled by the government.

16 posted on 02/20/2010 5:27:58 AM PST by facedown (Armed in the Heartland)
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To: RightSideNews
Obama transparency:
17 posted on 02/20/2010 5:32:11 AM PST by mirkwood
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To: facedown

They are pretend corporations, “owned” by the public but wholly controlled by the government
****************************************************

Privately owned but government controlled. It that not the definition of “Fascism”?


18 posted on 02/20/2010 5:45:59 AM PST by thedilg
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To: Liz; onyx; STARWISE; maggief; Bahbah; SE Mom

Here we go again....Judicial obstructionists.


19 posted on 02/20/2010 6:00:28 AM PST by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
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To: hoosiermama

http://www.legalnewsline.com/news/225583-pair-of-op-eds-criticize-cuomos-bank-of-america-suit

The Wall Street Journal was the first to criticize Cuomo, probing his record as secretary of the Department of Housing and Urban Development from 1997-2001.

While at the HUD, Cuomo required Fannie Mae and Freddie Mac to buy $2.4 trillion in mortgages over a 10-year span. Cuomo said that meant affordable housing for 28.1 million low- and moderate-income families.

“Fannie and Freddie’s purchases of subprime loans skyrocketed,” the editorial says.

“The problem wasn’t merely that the Cuomo HUD was raising the volume of loans for which taxpayers would be on the hook. It was also encouraging a dangerous decline in underwriting standards at these government-sponsored enterprises “


20 posted on 02/20/2010 6:17:58 AM PST by maggief
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To: RightSideNews

Anyone surprised at this would also be surprised to learn that bears are pooping in the woods.


21 posted on 02/20/2010 6:31:49 AM PST by Ronaldus Magnus III (Do, or do not, there is no try.)
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To: RightSideNews

Fannie mae and Freddie mac are public institutions owned by and functioning for (supposedly) the American people. We, the citizens of the United States, together are the shareholders in these institutions.

This is a travesty and it is ABSOLUTELY unconstitutional!


22 posted on 02/20/2010 6:35:42 AM PST by BIOCHEMKY (I love liberty more than I hate war.)
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To: BIOCHEMKY

Unconstitutional you say? Hmmmm, that seems to be par for the course for this evil administration.


23 posted on 02/20/2010 6:51:00 AM PST by Catsrus
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To: Catsrus
The Usurper-In-Chief is unconstitutional!
24 posted on 02/20/2010 7:16:42 AM PST by Realman30 (If 10% is good enough for Jesus, it ought to be enough for Uncle Sam.)
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To: BIOCHEMKY

Freddie and Fannie are technically private corporations. While they may be in receivership by the Feds at the moment, and own a federal charter, they are still ostensibly private.

While this is a nice tempest in a teapot to get worked up over, I prefer that a stand is taken to deny FOIA requests about private companies rather than the converse. Would you like any company which gets a dime from Uncle Sam or even a guarantee to be on the hook for FOIA requests? Don’t you see what damage the left would do with such a tool?

It’s always prudent to look for the unintended consequences when you try to push through radical changes like this request.

As for Fannie and Freddie being under the control of the Feds, that is a recent thing from them going broke. Before that they did more of the string pulling to be quite honest with their horde of bought congressmen.


25 posted on 02/20/2010 7:50:04 AM PST by drbuzzard (different league)
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To: drbuzzard

I thought Freddie an dfannie were publically held entities, part of the government finance system.

Thanks for the information. No I most certainly would not want private companies subject to FOIA demands.


26 posted on 02/20/2010 7:57:12 AM PST by BIOCHEMKY (I love liberty more than I hate war.)
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To: Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; Allerious; ...



Libertarian ping! Click here to get added or here to be removed or post a message here!
View past Libertarian pings here
27 posted on 02/20/2010 8:11:17 AM PST by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: bossmechanic

Democrats have been using Fannie/Freddie as a personal piggy-bank for almost two decades now.

If the books get opened to the Public, a LOT of Democrats are going to jail.


28 posted on 02/20/2010 8:11:55 AM PST by tcrlaf (Obama White House=Tammany Hall on the National Mall)
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To: tcrlaf

Democrats have been using Fannie/Freddie as a personal piggy-bank for almost two decades now.”

And the Republicans knew nothing about it?


29 posted on 02/20/2010 8:17:39 AM PST by philetus (Keep doing what you always do and you'll keep getting what you always get.)
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To: RightSideNews

We the People would really not appreciate havin’ to go medieval....


30 posted on 02/20/2010 8:22:15 AM PST by mo
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To: philetus

>>Democrats have been using Fannie/Freddie as a personal >>piggy-bank for almost two decades now.”

They have been playing quid pro quo games where Dems (and Pubs) in congress run interference for Freddie and Fannie from regulators in return for campaign funds and spending on pet projects. Barney Frank is one of the biggest players in this.

>And the Republicans knew nothing about it?

Many GOPers have been complicit in this game. While I would say the Dems are on average more corrupt, they certainly have not cornered the market on corruption.


31 posted on 02/20/2010 8:22:47 AM PST by drbuzzard (different league)
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To: RightSideNews

President Transparency


32 posted on 02/20/2010 8:25:17 AM PST by votemout
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To: mo
I don't know if there is any way out of it. As long as there are no consequences for what these commies are doing, why should they stop? No one has done anything about any number of issues that are important if our nation is to retain any semblance of freedom. All most of us can do is complain, if we are to remain peaceful. I hate to see a civil war,but I also hate to see America wait too long to have one. I'd guess that in the next three years, either we will have people in govt. stand up to these bastards, or we will have to have war, or we will be living under tyranny that will make Stalin smile in his grave.
33 posted on 02/20/2010 8:39:51 AM PST by Quickgun (As a former fetus, I'm opposed to abortion. Pray for Obama,Psalms109:8)
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To: Quickgun

I strongly suspect that about 2 million of us...walking into the city..with some locksmiths/computer hackers in front...could eventually just walk into headquarters and start downloading onto public servers exactly what we need to know...but that’s what it would take...


34 posted on 02/20/2010 8:44:52 AM PST by mo
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To: drbuzzard
While I would say the Dems are on average more corrupt, they certainly have not cornered the market on corruption Both are striving for monopoly, or so it seems at times
35 posted on 02/20/2010 8:50:12 AM PST by Quickgun (As a former fetus, I'm opposed to abortion. Pray for Obama,Psalms109:8)
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To: bamahead

Obama Administration:

“Closed to the Public”


36 posted on 02/20/2010 9:18:01 AM PST by stephenjohnbanker (Support our troops, and vote out the RINOS)
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To: RightSideNews
bttt

This was the whole reason for real estate bubble. Needs to be exposed.

37 posted on 02/20/2010 10:32:47 AM PST by opentalk
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To: RightSideNews

The transparency of this administration is as impressive as all its other attributes.


38 posted on 02/20/2010 3:02:45 PM PST by GingisK
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