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House Ethics closes Countrywide probe without taking action
thehill.com ^ | 12/27/12 | Peter Schroeder

Posted on 12/28/2012 12:42:26 PM PST by ColdOne

The House Ethics Committee has decided to close its investigation into preferential mortgages doled out under a controversial VIP program without taking any action.

The panel said it was not taking any action on members who received more affordable mortgages under the program, instituted by the now-defunct Countrywide Financial because while allegations surrounding the program and lawmakers involved "serious matters," they largely fell outside its jurisdiction.

For example, many of the allegations pertain to actions outside the Ethics Committee's statute of limitations — greater than three Congresses ago — and many of those accused are no longer working in Congress either as members or staffers.

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


TOPICS: Crime/Corruption
KEYWORDS: countrywide; democrats; dodd; ethics
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To: ColdOne

House Ethics - Oxymoron.................


21 posted on 12/28/2012 1:19:16 PM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: PGR88

I’m well aware of that.

Obama is definitely a symbol of what is going on in 2013.


22 posted on 12/28/2012 1:22:29 PM PST by Tzimisce (What do you do when every every branch of the government is corrupt and aligned against you?)
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To: Timber Rattler

government honesty???????????????????
Now there is an Oxymoron and a joke and a laugh.
As Will Rogers said many many years ago, “We have the best government money can buy.”
He said that at least 85 years ago and nothing has changed.
Well, it has gotten worse.
Soap box has failed
Jury box has failed
Ballot box has failed
Not much is left.


23 posted on 12/28/2012 1:46:32 PM PST by Tupelo (I'm an old man and most people hate me, but I don't like them either so that makes it all even.)
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To: TADSLOS
“Countrywide Financial” - now there’s a bitterly ironic title.

So true...houses for everyone, all across the fruited plains, compliments of you and I.

24 posted on 12/28/2012 1:56:38 PM PST by Jane Long (Philippians 2:11)
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To: Tupelo

Agree, FRiend.


25 posted on 12/28/2012 1:58:02 PM PST by Jane Long (Philippians 2:11)
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To: YHAOS

yes- but the chairman of the committee is a Republican...just another example of the GOP fighting like little girls...


26 posted on 12/28/2012 1:59:03 PM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: PGR88

In mid 1998 I had to jump through flaming hoops to qualify for a construction/permanent (CP) loan from Countrywide for the house I wanted to build. Shortly thereafter in 1998 the qualifications suddenly loosened up and my loan was promptly approved. The day after the house was built and the deal closed in mid 1999, Countrywide sold my mortgage to Fanny Mae. Based on my experience, mid 1998 is when Countrywide opened the floodgates and began dumping all their loans on Fanny Mae. This whole fuster cluck commenced then.


27 posted on 12/28/2012 2:05:32 PM PST by shove_it (the 0bama regime are the people Huxley, Orwell and Rand warned us about)
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To: ColdOne
Photobucket

28 posted on 12/28/2012 2:09:45 PM PST by Dick Bachert (An ARMED society is a POLITE society!)
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To: ColdOne

“First kill all the lawyers...”...Shakespere


29 posted on 12/28/2012 3:34:46 PM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: ColdOne

Who said the 4-corner offense is dead ?


30 posted on 12/28/2012 4:24:11 PM PST by stylin19a (obama -> Fredo smart)
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To: ColdOne
Sweep and under the rug it goes, thanks again you bunch of crooked Rino bastards.
Tell me again as to why we have Republicans heading committees in the House.
31 posted on 12/28/2012 4:39:37 PM PST by The Cajun (Sarah Palin, Mark Levin......Nuff said.)
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To: God luvs America
"the chairman of the committee is a Republican"

Other than most Conservatives, the Republican Party is merely an auxiliary of the Democrat Party.

32 posted on 12/29/2012 10:27:33 AM PST by YHAOS
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