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Fanniegate: Gamechanger For The GOP?
http://blogs.the-american-interest.com/wrm/2011/06/07/fanniegate-gamechanger-for-the-gop/ ^ | June 7, 2011 | Walter Russell Mead

Posted on 06/08/2011 1:37:13 PM PDT by No One Special

Fanniegate: Gamechanger For The GOP?

Walter Russell Mead

Democrats, watch out.

The Republican Party and especially its Tea Party wing have just acquired a new weapon of mass destruction — and it has nothing to do with any of Congressman Wiener’s rogue body parts. If they deploy this weapon effectively in the next election cycle — a big if — then they have the biggest opportunity to move the country rightward since Ronald Reagan took the oath of office back in 1981.

The Tea Party WMD stockpile is currently stored in book form: Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon. By Gretchen Morgenson, one of America’s best business journalists who is currently at The New York Times, and noted financial analyst Joshua Rosner, Reckless Endangerment gives the best available account of how the growing chaos in the mortgage and personal finance markets and the rampant bundling of dubious loans into exotically toxic securities plunged the world, and millions of American families, into the gravest financial crisis since World War Two. It is gripping reading as well, and its explanations are clear enough that readers without any background in finance will have no trouble following the plot. The villains? An unholy alliance between Wall Street, the Democratic establishment, community organizing groups like ACORN and La Raza, and politicians like Barney Frank, Nancy Pelosi and Henry Cisneros. (Frank got a cushy job for a lover, Pelosi got a job and layoff protection for a son, Cisneros apparently got a license to mint money bilking Mexican-Americans of their life savings in cheesy housing developments.)

Massachusetts Congressman Barney Frank (Source: Wikimedia Commons)

If the GOP can make this narrative mainstream, and put this picture into the heads of voters nationwide, the Democrats are toast. The party will have to reinvent itself (or as often happens in American politics, be rescued by equally stupid Republican missteps) before it can flourish.

If Morgenstern and Rosner are to be believed, the American dream didn’t die of old age; it was murdered and most of the fingerprints on the corpse come from Democratic insiders. Democratic power brokers stoked the housing bubble and turned a blind eye to the increasingly rampant corruption and incompetence at Fannie Mae and the associated predatory lenders who sheltered under its umbrella; core Democratic ideas may well be at fault.

This is catnip to Republicans, arsenic to Dems. If Morgenson and Rosner are right, there is someone the American people can blame for our current economic woes and it is exactly the cast of characters that a lot of Americans love to hate. Big government, affirmative action and influence peddling among Democratic insiders came within inches of smashing the US economy.

The Morgenson/Rosner story is a simple and easily grasped one. It is made for campaign ads. The Great Villain, the man who almost ruined America according to the book, is James Johnson, long one of the most important members of the Democratic establishment. He ran Walter Mondale’s campaign. He chaired John Kerry’s search for a vice-president — the brilliantly executed search that chose the revered anti-poverty warrior John Edwards.

Barack Obama, impressed by this track record of discernment, reportedly asked him to lead Obama’s search in 2008 — though Johnson withdrew when word got out that he benefited from the disgraced and disgusting Angelo Mozilo’s corrupt program of ‘special’ mortgages for political friends. (Mozilo was the head of Countrywide, a massively fraudulent and predatory lender which benefited hugely from its business connections with Fannie Mae.) He is a director of the much hated Goldman Sachs, a former director of Lehman Brothers, has chaired the board of the Brookings Institution, is a major Democratic Party fundraiser who bundled several hundred thousand dollars for President Obama, helped bring old Clinton friends into the Obama organization, and has been at the center of Democratic finance and politics for a generation.

Named CEO of Fannie Mae (a government backed mortgage corporation) Johnson decided to make untold wealth by making and securitizing junk housing loans and by massaging the financial reports to ensure that he qualified for the obscenely generous maximum bonus no matter what was actually happening to the company under his care.

Fannie Mae, a historically staid and predictable government linked company, needed to turn into a cutting edge speculative growth engine to make the hundreds of millions Johnson wanted. Since taxpayers stand behind Fannie Mae’s debts, Johnson needed to get the politicians to back his desire to turn this milkwagon into a Porsche. Fortunately for him — and unfortunately for the country and the world — he found a way.

Fannie Mae would adopt the goal of increasing the percentage of Americans who owned their own homes, targeting the inner city poor who, allegedly, were blocked from home ownership by racial discrimination. (A bogus study to this effect was widely circulated; devastating criticisms and rebuttals quietly ignored.) This is where such luminaries of the American political scene as ACORN and La Raza get into the act. They served as cheerleaders for Johnson’s self-enrichment plan, camouflaging a Wall Street rip-off by hymning its benefits for the poor.

The purpose of no doc, no money down loans wasn’t, Heaven forbid, to generate rich fees and high interest rates for mortgage brokers and Wall Street. No, the smarmy defenders of the Great American Rip-off told us, those features were necessary to make sure that poor people (so cruelly, unfairly locked out of mortgages because they didn’t qualify for the stuffy old-fashioned kind) could participate in the American Dream. Anybody who opposed Jim Johnson’s get rich scheme was a racist who hated the poor. Political correctness married Wall Street chicanery as Maxine Waters, Chris Dodd and Barney Frank led the band; crooked accountants and clueless rating agencies performed the ceremony; big government dowered the couple with a debt guarantee and bankers dressed as flower girls showered the happy pair in a confetti of junk mortgages and junk bonds.

Fannie Mae and the housing market were off to the races — and where Fannie Mae led the way, the financial markets followed. Regulators were captured by the interests they were supposed to regulate; favors were dispensed with a lavish hand; taxpayer-provided money was used to assemble a vast lobby focused on extracting more money from hapless taxpayers to make James Johnson even richer. In the process, millions of financially unsophisticated low income people were stuck with obscenely unfair mortgages, honest whistle blowers were subjected to savage personal attacks, home prices lost all touch with reality, taxpayers were stuck with losses that may approach one trillion dollars, and financial markets were poisoned almost beyond repair.

House in Foreclosure, 2008 (Source: Wikimedia Commons)

But there’s a bright side. Mondale-Kerry-Obama confidant Johnson made a boatload of money, and Fannie Mae was able to pay many of his personal bills — at least until it went broke.

That at least is the story of Reckless Endangerment. No doubt Johnson’s memoirs will tell the story in a different way. The housing bubble and the financial market meltdown were very complex phenomena, many cooks were required to spoil this broth and the arguments over what caused the crash may never end.

Truth is one thing; politics is another. Politically, this story is a killer app for the GOP. It demonizes Dems, lends itself to attack ads, divides Democrats between their Wall Street and union bases, and combines GOP hate figures in ways calculated to unify the GOP and heighten the intensity of the faithful.

The story illustrates everything the Tea Party thinks about the corrupt Washington establishment and the evils of big government. It demonstrates the limits on the ability of government programs to help the poor. It converts a complicated economic story into a simple morality play — with Dems as the villain. It allows Republicans to capitalize on public fury at the country’s economic problems. It links the Democrats to Wall Street — the one part of the private sector that the Republican base loathes. It exposes that mix of incompetence and arrogance that is the hallmark of the modern American liberal establishment and links this condescending cluelessness to the real problems of real American families. It links President Obama (through appointments, associations and friendships) with the worst elements of the Clinton legacy and it blunts some key Democratic talking points.

The story can also be a devastating wedge issue. The Democratic Party today is a fragile coalition of elite liberals, traditionally Democratic ethnic blue collar whites, African Americans and Hispanics. The Fannie Mae story is essentially a story of how liberal Wall Streeters raped every one else — and how the organized leadership of the other groups colluded in the attack. Hammering this picture home will demoralize and divide the Democratic Party, reducing enthusiasm among minorities and pulling swing white ethnic votes toward the GOP.

The story builds GOP unity even as it divides the Democrats, allowing GOP populists and establishment figures to find some common ground. For one thing, it builds the idea that Wall Street is a liberal Democratic institution rather than a conservative Republican one. In fact, Wall Street is in love with power and cuts deals with whoever can make them, but for years Democrats have prospered by making running on Franklin D. Roosevelt’s platform against ‘the malefactors of great wealth’. There are many powerful Wall Street figures who are closely linked to the Democrats, however, and the James Johnson story puts a face on that alliance. Socially and culturally, most of Wall Street stands closer to the Democratic establishment than to the Republican Party these days; linking the Democrats to Wall Street, teacher unions and race hustlers is an easy and compelling way to push the Democrats closer to the cliff even as it allows GOP candidates to lace their speeches with populist anti-Wall Street rhetoric without embracing anti-business policy.

The story doesn’t just attack a failure of Democratic policy execution; it exposes a key flaw in New Democratic thinking. The Third Way as dreamed up by Bill Clinton and Tony Blair sought to harness the power of financial markets to a public service agenda. Old style command and control liberalism believed in directly mandating business to do what politicians thought should be done. AT&T had to serve rural communities, but in exchange it had a phone monopoly and regulators made sure that it made a good profit. The airlines and bus companies had to service unprofitable routes, but regulators made sure that their route networks as a whole were profitable.

As competition became more global and the inflexible regulations of the old liberalism proved less workable, a new and updated liberalism appeared. Instead of old fashioned mandates, liberals would use new approaches that capitalized on the power of the market. Use cap and trade schemes rather than command and control to control carbon through the market — and by creating an international market that will make money for financial firms. Tweak the mortgage regulations to spread home ownership to the poor. Both Britain and the US are looking at fun new ideas like ‘infrastructure banks’ that can fund projects that liberals like without putting large new debts on the public accounts. Private profits can grow even as the public interest is served: this was the Clinton-Blair dream that was billed as liberalism’s response to the Thatcher revolution. Additionally, liberal politicians like Al Gore and James Johnson were well placed to capitalize on the new arrangements. Bill Clinton and Tony Blair have both become much wealthier after leaving office than old style liberals like Harry Truman ever could.

The story also undercuts what little is left of the credibility and the moral authority of the American establishment. What is especially shocking in this story is that the higher up and more powerful people are usually the most venal and corrupt. Low level researchers and bureaucrats are constantly raising questions and preparing devastating reports that expose the flawed premises behind Fannie Mae’s policies. They are being constantly slapped down by the well connected and the well paid. The American establishment does not have the necessary moral strength and intellectual acuity to run the affairs of this country; Tea Party believers will find much in this book that confirms their worst fears.

Republicans of course have a few financial scandals of their own that Democrats can take out and rattle. But because Fanniegate offers a clear storyline, identifiable villains linked to specific disasters that have hit tens of millions of Americans in the pocketbook, and is overwhelming a story of Democratic abuses of Democratic ideas, it is potentially a game changing event. It is also an issue that a GOP candidate for the nomination can use to break away from the field; it is an issue a contender could ride all the way to the White House.

Paul Krugman once told me that he thought that Enron would have a greater impact on American politics than 9/11. He was wrong about that scandal, but if the GOP plays its cards right, Fanniegate could push this country into a new political era.


TOPICS: Crime/Corruption; Extended News; Politics/Elections
KEYWORDS: davidgregoryswife; dncrico; fanniegate; msnbccoverup; nbccoverup
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1 posted on 06/08/2011 1:37:16 PM PDT by No One Special
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To: No One Special

Any propaganda uses had better be incredibly simple or the voters won’t understand it.


2 posted on 06/08/2011 1:40:47 PM PDT by arrogantsob
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To: arrogantsob
it's not easily explained

Untangling the Foreclosure Mystery— Part 4

.

3 posted on 06/08/2011 1:43:25 PM PDT by Elle Bee
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To: arrogantsob

Corruption is real simple to understand..................


4 posted on 06/08/2011 1:46:33 PM PDT by Red Badger (Nothing is a 'right' if someone has to give it to you................)
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To: arrogantsob
"voters won't understand"

You mean about 35 to 40% of the voters. Conservatives understand what happened. And probably a good percentage of libs do to. But the ignorati, the great majority of Dem voters, do not have a clue. The story must be told however, and the person telling it has to be very good. If a conservative candidate can just convince about ten to twenty percent of the ignorati who vote, a Pubbie will easily win in 2012.

5 posted on 06/08/2011 1:47:44 PM PDT by driftless2
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To: No One Special

it won’t be a game changer- today’s GOP is stupid and they fight like girls...the rats will call the GOP hurtful if they bring up the topic and the GOP will back down...

it should’ve been a game changer in 2008;

1- Jim Johnson/CEO Fannie Mae- $90/mill in salary over 6 years and he cooked the books....then began an obama economic adviser throughout the campaign...

2- obama’s connections to harold raines....

3- obama, chris dodd, joe biden- biggest recipients of campaign contributions from fannie/freddi....

barely touched in the campaign by mccain/palin.....

if the GOP was really serious about fighting this they would be demanding of audits and investigations into fannie/freddie since 01/2009 caling for transparency in government....


6 posted on 06/08/2011 1:50:00 PM PDT by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: No One Special

Use cap and trade schemes rather than command and control to control carbon through the market — and by creating an international market that will make money for financial firms.

I wonder how THIS will go over...it feels good to be right. Now let’s see how they come after these authors.


7 posted on 06/08/2011 1:50:00 PM PDT by marstegreg
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To: All

b


8 posted on 06/08/2011 1:52:03 PM PDT by Maverick68
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To: arrogantsob
Totally agree. Of course, we could do what the democrats do and repeat the gist every time we get the chance: “The Dems colluded with Wall Street and fringe agitators to screw us over!” We try to explain it as much as we can when we get the chance, but we shout the short of it from the mountain tops. People will complain, but it works
9 posted on 06/08/2011 1:53:34 PM PDT by nerdwithagun (I'd rather go gun to gun then knife to knife.)
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To: No One Special

Save


10 posted on 06/08/2011 1:57:57 PM PDT by Rumplemeyer
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To: No One Special

ping


11 posted on 06/08/2011 1:58:33 PM PDT by CriticalJ (Suppose you were an idiot. And suppose you were a member of Congress.. But then I repeat myself. MT)
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To: No One Special

What recent Democrat Party recent action has worked for the benefit of the American people?

Obamacare? We are heading for disaster. Business will drop coverage and there will be rationing of helath care.

Stimulus? Short term government union members. Just a waste of money with no long term benefit.

Energy? What an irrational policy by amatures. NO drilling?

Housing? Barney Frank and company.

Budget and Debt? No budget and huge debt.

Jobs? 9 to 20% unemployment. Zero doesn’t know how (and doesn’t want to) to stimulate the economy or grow jobs!

And many more!

We need to wake the idiots up and tell them anyone who votes for a Democrat is voting for Hell in the USA. I think some of them want to go there.


12 posted on 06/08/2011 2:02:16 PM PDT by ADSUM (Democracy works when citizens get involved and keep government honest.)
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To: driftless2
KISS - Keep It Simple Stupid!

Cause you are dealing with some simple minded voters!

“The best argument against democracy is a five-minute conversation with the average voter.” - - - Winston Churchill

13 posted on 06/08/2011 2:07:07 PM PDT by CharlyFord
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To: No One Special
This story has been out there from the git-go. franklin raines and jamie gorelic should be serving life in prison along with the dem scum politicians and their banker cohorts.

Everything has been kept under wraps by a complicit media that has an agenda to keep republicans out of office, the country be damned.

Sarah and Herman Cain are the only ones I trust.

There is something afoot in this country to bring it down. Keep an eye on the names...

14 posted on 06/08/2011 2:15:13 PM PDT by Post5203 (Our political class have sullied a good man's name...Washington)
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To: No One Special
Who is Walter Russell Mead?

Until 2010, Mead was the Henry A. Kissinger Senior Fellow for U.S. Foreign Policy at the Council on Foreign Relations"

Mead currently teaches American foreign policy at Yale University. He is a Democrat, and has said he voted for Barack Obama in the 2008 Presidential Election.[2] In 2003, Mead supported the Iraq War.

Interesting. Coming Civil War in the Democratic party?

15 posted on 06/08/2011 2:16:55 PM PDT by Siena Dreaming
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To: God luvs America
the rats will call the GOP hurtful if they bring up the topic

Thing is...a Rat that has written this article. Very interesting.

16 posted on 06/08/2011 2:25:22 PM PDT by Siena Dreaming
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To: Siena Dreaming

the problem is there are a zillion game changers for the GOP both now and in 2012- the economy, unemployment, oil/gas prices, immigration, voter ID...the last two should’ve been game changers in 2008 but the GOP never fight the fight....

how about the next time zero or any other uber liberal claims GOP immigration policy is hurtful someone with the bullypit in the GOP talks about how allowing lawbreakers to use our freedoms and systems is hurtful and screwing the middle class???

how about next time doggie doo wasserman talks about the GOP wanting to go back to jim crow laws someone in the party with balls gets up and points a finger at her claiming she and her party could care less about the votes of law abiding Americans counting- they just want to stay in power- then talk about the voter fraud of rat backed groups like acorn, more votes being tallied in wisconsin precints then the amount of registered voters in that precint, on and on and on and that the rats want to let the fraud continue????

these are easy arguements to win- but the “braintrust” of the GOP is stupid...they didn’t take back the house in 2010- we, the Tea Party, did.....


17 posted on 06/08/2011 2:50:36 PM PDT by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: CharlyFord
KISS - Keep It Simple Stupid! Cause you are dealing with some simple minded voters!

I'm with you. It would be just like the Repubs to complicate this into total confusion and ultimately obscurity.

“The best argument against democracy is a five-minute conversation with the average voter.” - - - Winston Churchill

You hurtin' me man. Ouch! The truth sometimes stings.

18 posted on 06/08/2011 2:55:13 PM PDT by VRW Conspirator (Sarah pisses off all the right people! - FReeper proudpapa)
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To: No One Special

Looks good to me. Let’s find a film maker, present the facts to the American people and then hang the fascist SOBs. But first we seize all their wealth and give it back to the taxpayers.


19 posted on 06/08/2011 2:57:00 PM PDT by sergeantdave (The democrat party is a seditious organization that must be outlawed)
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To: No One Special

Bookmark


20 posted on 06/08/2011 2:57:43 PM PDT by penelopesire (Let The Congressional Hearings Begin!)
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To: Post5203
Everything has been kept under wraps by a complicit media that has an agenda to keep republicans out of office, the country be damned.

I am convinced that there are enough Repubs involved in this mess that BOTH parties want to sweep this white elephant under the carpet.

Sarah and Herman Cain are the only ones I trust.

I am with you. They are both "outsiders" to Washington.

21 posted on 06/08/2011 3:02:50 PM PDT by VRW Conspirator (Sarah pisses off all the right people! - FReeper proudpapa)
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To: No One Special

There is a game changer for the GOP, Sarah Palin, else it is more of the same. Congress is corrupt to the core. Connie Mac was on last night, couldn’t bring himself to call for Weiner to resign, more comity cr@p.


22 posted on 06/08/2011 3:12:05 PM PDT by itsahoot (We make jokes, they make progress. Progressivism, Support Palin, or get used to it.)
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To: arrogantsob

I don’t understand this ‘gamechanger’ talk. We already know about the complicity of Barney Frank, et al, in the shenanigans of Fannie Mae. We already know about the cozy relationship between the Democratic Party, ACORN, George Soros, La Raza, the public labor unions, etc.

None of this information is new. The real problem (or ‘root cause’ as the libs like to say) is in our institutions: the public school system, the colleges and universities, and the MSM. They work incessantly to fill people’s heads with mush, creating new generations of lib zombies.

No one book is going to change that. It is a much deeper problem and it is going to take a generation or more to fix it.


23 posted on 06/08/2011 3:17:15 PM PDT by Gideon7
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To: God luvs America
the problem is there are a zillion game changers

Yes, but this one involves the whole reason we are in all the other messes....including Obama getting elected.

If the economy hadn't crashed (explained in this article as caused by Democrats) then Obama wouldn't have gotten elected? Why? Because ALL Democrats everywhere blamed everything on Bush and that's how they got the Chicago Charlatan elected.

James Johnson on Obama's transition team? Right...he's the one who crashed the economy in the first place. He straddled BOTH Fannie AND Wall Street.

If this story is explained clearly it will cause a civil war in the Dem party. Interesting that it's a Democrat in this article who is explaining that.

24 posted on 06/08/2011 3:20:33 PM PDT by Siena Dreaming
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To: Gideon7
No one book is going to change that

Depends on how simply the book is written.

If it is clear and irrefutable and is marketed correctly, one book can do a whole lot of damage.

25 posted on 06/08/2011 3:23:20 PM PDT by Siena Dreaming
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To: No One Special

BFL


26 posted on 06/08/2011 3:23:23 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Siena Dreaming

here’s the thing and my big beef- James Johnson should’ve been a major issue in 2008 election cycle and the GOP should scream about it everytime zer0 brings up “wall street, etc”- it was/is barely touched upon...


27 posted on 06/08/2011 3:25:46 PM PDT by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: God luvs America
The GOP would have gotten shouted down, even by many conservatives who were demogogued by Dems who incessantly shouted "It's all the banks' fault".

Confusion reigned. "Bush's fault" and "No TARP!" were the resounding choruses even among conservatives who should have known better.

If this book lays things out correctly it could indeed be a game-changer. However, I have had high hopes before that were dashed so I will have a wait-and-see attitude instead.

28 posted on 06/08/2011 3:32:25 PM PDT by Siena Dreaming
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To: Siena Dreaming

>>The GOP would have gotten shouted down, even by many conservatives who were demogogued by Dems who incessantly shouted “It’s all the banks’ fault”.<<<

ta-da!!! there’s my greater point- they (GOP) fight like little girls....who cares if they were shouted down if they had a valid point and the principles to stand by it??? was the Tea Party embraced or shouted down at just about every possible corner??? i’m glad you think they’ll take up this sword and use it this time around cause i sure as hell don’t.....


29 posted on 06/08/2011 3:36:44 PM PDT by God luvs America (63.5million pay no federal income tax then vote demoKrat)
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To: No One Special

The Obama, Pelosi, Weiner Democrats......


30 posted on 06/08/2011 3:42:13 PM PDT by paul in cape
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To: God luvs America
who cares if they were shouted down if they had a valid point

I heard many people on the GOP side try to talk about FNM, the CRA. Yes, you may not CARE that they were shouted down but that's inconsequential; the fact is that they WERE.

Louder screaming would never have worked because as I said confusion reigned and people didn't really want to hear truth...they just wanted to vent. Even many conservatives believed Democrat lies of class warfare.

Some people think that shouting is the answer. Not so. Sometimes revenge IS a dish best served cold. And logical cases such as the one this book may present have won many wars where loud shouting could not.

31 posted on 06/08/2011 3:47:58 PM PDT by Siena Dreaming
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To: No One Special

They have to be brief and a lot more entertaining with the voters to be able to get the issue understood by them IMO.


32 posted on 06/08/2011 3:51:09 PM PDT by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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To: No One Special

Riot at the donut shop. Just to look rich and make a little happy pill buck, they would destroy country, nay, entire civilizational works. Your average “I just do my job and I am not paid to think” type bureaucrate at work.


33 posted on 06/08/2011 4:03:31 PM PDT by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
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To: No One Special

If anyone in Congress is an expert on Weiner waivers...


34 posted on 06/08/2011 4:11:32 PM PDT by Sir Francis Dashwood (Arjuna, why have you have dropped your bow???)
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To: Gideon7

It is hysterically funny to think that a book will have any impact on an electorate ignorant and stupid enough to vote Urkel for more than dogcatcher. Probably half have never read a single serious book and that includes the Bible.

And be able to connect a complicated chain of events is waaay beyond the voters. They only understand suffering in which Urkel is giving them a crash course.


35 posted on 06/08/2011 5:40:17 PM PDT by arrogantsob
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To: driftless2

Today one cannot speak on any subject for more than a couple of minutes before eyes glaze over. While conservatives are better than most they are not as knowledgeable as they should be particularly in economic and financial matters.

What matters more than explaining the story is to go on the attack and never relent. Attack the lying media and the lying RATS and never back down. Make the enemy defend and we have a chance.


36 posted on 06/08/2011 5:44:15 PM PDT by arrogantsob
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To: CharlyFord

Winston was totally correct. Look what the dumb asses did to him AFTER WINNING THE WAR they voted him out of office. His remark should have the phrase “...on ANY subject.” added to it.


37 posted on 06/08/2011 5:47:30 PM PDT by arrogantsob
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To: No One Special

But, but we already knew this stuff.


38 posted on 06/08/2011 6:17:14 PM PDT by Mike Darancette (Pelosi: Obamacare indulgences for sale.)
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To: Mike Darancette; sergeantdave
But, but we already knew this stuff.

But, but we didn't get the word out. Think of all the people who associate the GOP with Wall Street bankers. A movie about all this fraud would help, IMHO. Youtube segments?

39 posted on 06/08/2011 7:07:18 PM PDT by neverdem (Xin loi minh oi)
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To: neverdem

Made for TV movie released September 2012.


40 posted on 06/08/2011 7:39:31 PM PDT by Mike Darancette (Pelosi: Obamacare indulgences for sale.)
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To: arrogantsob

The Dems, with the usual complicity of the media, have convinced the public that it was the nasty bankers and fatcats on Wall Street with collusion from Republicans that caused the meltdown. The Pubbie nominee for prez will have the counter that perception the public has with the facts. It doesn’t have to be long and involved, but they will have to effectively counter it.


41 posted on 06/08/2011 8:23:31 PM PDT by driftless2
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To: neverdem

Ann Barnhart ? Put this book in her hands..


42 posted on 06/09/2011 1:30:50 AM PDT by Squantos (Be polite. Be professional. But have a plan to kill everyone you meet)
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To: arrogantsob

You are correct and since the only to disseminate the information is via a corrupt Main Stream Media, it will not happen.

The Queeah will not be blamed.


43 posted on 06/09/2011 5:27:11 AM PDT by bert (K.E. N.P. N.C. D.E. +12 ....( History is a process, not an event ))
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To: No One Special
The question is (and has always been) will the Republicans use the overwhelming evidence to take down the Democrats.

My guess is “NO!” because they are accessories to the crimes being committed against the American taxpayer.

44 posted on 06/09/2011 5:30:54 AM PDT by airborne (Paratroopers! Good to the last drop!)
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To: No One Special

bttt


45 posted on 06/09/2011 5:50:20 AM PDT by Scotswife
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To: ExTexasRedhead; Impy; randita; fieldmarshaldj; AuH2ORepublican; Norman Bates; LdSentinal; ...

This book is complex, but so damaging to the DemocRATS, it could be a campaign document. I hope all of the GOP candidates have bought copies of it.


46 posted on 06/09/2011 7:02:31 PM PDT by Clintonfatigued (Muslims are a people of love, peace, and goodwill, and if you say that they aren't, they'll kill you)
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To: Red Badger; Clintonfatigued; justiceseeker93; unkus; conservativguy99; freekitty; flat; ...

Anyone know why the GOP House hasn’t initiated investigations to indict the players in this book? The silence on this issue as well lack of investigation into Hussein’s entire life is deafening.

Anyone asking their Senators and Congressmen why the lack of investigations into these two issues? Smells?


47 posted on 06/09/2011 7:14:29 PM PDT by ExTexasRedhead
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To: ExTexasRedhead; Clintonfatigued

The Wall Street ties run deep into each major party. It’s incestuous. If the GOP initiated investigations into this, more than a few of their own would go down.


48 posted on 06/09/2011 7:34:13 PM PDT by randita
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To: ExTexasRedhead

As I have said in the past; I am tired of being stolen from by crooks, liars and thieves.


49 posted on 06/09/2011 7:54:11 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: randita

The Wall Street ties run deep into each major party. It’s incestuous. If the GOP initiated investigations into this, more than a few of their own would go down.


Exactly!


50 posted on 06/09/2011 9:37:49 PM PDT by unkus
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