Posted on 01/03/2011 5:14:08 AM PST by RobinMasters
Rep. Darrell Issa is aiming to launch investigations on everything from WikiLeaks to Fannie Mae to corruption in Afghanistan in the first few months of what promises to be a high profile chairmanship of the top oversight committee in Congress.
According to an outline of the committee’s hearing topics obtained by POLITICO, the House Oversight and Government Reform is also planning to investigate how regulation impacts job creation, the role of Fannie Mae and Freddie Mac in the foreclosure crisis; recalls at the Food and Drug Administration and the failure of the Financial Crisis Inquiry Commission to agree on the causes of the market meltdown.
This sweeping and specific hearing agenda shows that Issa (R-Calif.) plans to cut a wide swath as chairman, latching onto hot button issues that could make his committee the center of attention in the opening months of the 112th Congress. By grabbing such a wide portfolio – especially in national security matters – Issa is also laying down a marker of sorts, which could cement his panel as the go-to place for investigations.
(Excerpt) Read more at politico.com ...
Didn't BO give Biden and his son a great deal of US money to hold on to?
Watch the media try to “McCarthy” Darrell Issa.
It is a form of BDS or PDS. "Principled Conservatives" hate the thought of Republican success.
Angelides is.. in charge of the FCC = Angelides is.. in charge of the FCIC
Wrong indeed. I am outraged at both the communist left and the rino right who are in cahoots in DC for sure. They have nothing that shows they will indeed fight against the left but their lying lips and the lame duck session proves that they are willing to lie down.
I hope the tea party becomes third party conservatism as the dems and rinos are both communist parties for the most part at this time. A sad time when the GOP is as liberal as the dems were 30 years ago, they are not faithful to the platform they espouse and are not worthy of trust by the conservatives of America who love God, family and country and stand on the Conservative Constitutional rights and freedoms granted by the God of Israel and not by idiots in the statehouses and especially DC.
home
(*grammar police siren*)
for all intensive purposes = for all intents and purposes
There’s also a bunch of sleeper DU trolls who are popping up and leftist agent provocateurs trying to spread fear and despair.
Jim zotted a few big ones last week.
Fannie / Freddie is an integral part of the crminial enterprise that is the Democrat Party. Issa will meet LOTS of resistance launching investigations of Fannie/Freddie.
F/F finances most of the Dems criminal financial activities (when they're not doing crooked earmarks). So why was Fannie/Freddie never nailed? After all, it was being investigated by the (hah) Holder Justice Department, the SEC that couldn't figure out Madoff, and various Congressional investigations (coverups).
Issa needs to target F/M Clinton appointee Franklin Raines' cooking the books---earnings statements being criminally inflated---so that F/M insiders could get huge bonuses. In 2003, if huge derivatives and other losses had been included, no bonuses would have been paid to F/M's top executives. However, Enron-type deferral of the losses allowed F/M declared earnings to reach a level which triggered huge executive bonuses.
Raines himself was fired in 2004 for his criminal activities, yet he walked away with about $100 million dollars in bonuses, pensions and perks. The Government filed suit against Raines when the depth of the F/M accounting scandal became clear. The Government noted, "The 101 charges reveal how the individuals improperly manipulated earnings to maximize their bonuses, while knowingly neglecting accounting systems and internal controls, misapplying over twenty accounting principles and misleading the regulator and the public. The Notice explains how they submitted six years of misleading and inaccurate accounting statements and inaccurate capital reports that enabled them to grow Fannie Mae in an unsafe and unsound manner."
These charges against Raines were made in 2006. The Court ordered Raines to return $50 Million Dollars he received in bonuses based on the misstated Fannie Mae profits. (Soon going to trial.) READ IT HERE http://housingdoom.com/2006/12/18/fannie-charges/
KEEP IN MIND This crackbrained Obama criminal Democrat cabal was operating under the delusion that "they won" and would control govt for the next 40 years. Issa and his staff should study Bernie Madoff's MO----that will give them the blueprint on how Obama's gangster govt operates.
As the CIA says, criminals always leave a paper trail.
PING to #31
LLS
I love the smell of ozone that zot strike leaves behind.
LLS
I truly hope you are correct. These bastards deserve to be in jail.
Issa ping!
Your comments completely validate my statement.
If there is justice left... it must happen. I hope that I am correct also!
LLS
First thing that came to my mind when I read your comment LIZ:
“Is this the “international-bigger-than-MadeOff” scandal that the Indian Paper was referring to (that disappeared)
and
“How is Soro$ involved?”
Could be---F/F involves trillions.
Could be the trillions Behind The Real Size of Obama's Wall Street Bailout (more like $14 trillion)
published by Mother Jones | Dec. 21, 2009
FR Posted January 04, 2010 by E. Pluribus Unum
The price tag for the Wall Street bailout is often put at $700 billion—the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside money to bail out financial firms and inject money into the markets that totaled some $14 trillion. NOTE Remember that Treasury Department bailouts were tightly controlled by then-COS Rahm Emanuel. --SNIP--
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Although Issa is looking for media facetime---and he does make a compelling spokesman for govt fraud---I would advise Issa to sic the IRS on these people. The IRS is relentless and will nail all of them in a nanosecond.
Issa should direct the IRS to determine what the following insiders listed for "interest income" on their IRS forms: George Soros, Rahm Emanuel, David Axelrod, Valerie Jarret, Franklin Raines, Barney Frank, Andrew Cuomo, Gillibrand, Jamie Gorelick---etc, etc, etc,
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