Scandal and wrong-doing will not be extensively reported or not at all!
Posted on 08/15/2013 7:44:21 AM PDT by EXCH54FE
In their efforts to promote the re-election of Barack Obama, our nation's premier law enforcement agencies presented false data to the American public about a "crackdown" on mortgage fraud. Fox News reports:
The Justice Department and FBI have quietly acknowledged they grossly overstated the scope of a mortgage fraud crackdown, which the administration heralded with much fanfare a few weeks before last year's presidential election.
According to a memo circulated by the FBI and a correction posted online by the Justice Department, the number of defendants, the number of victims and the size of the losses are, in reality, a fraction of what officials claimed last October.
Attorney General Eric Holder and other law enforcement officials claimed in early October that the initiative charged 530 criminal defendants on behalf of 73,000 victims who suffered over $1 billion in losses. The so-called Distressed Homeowner Initiative, which targeted fraud schemes against distressed homeowners, was highlighted in a press release and press conference at the time.
Holder, talking to the cameras on Oct. 9, called it "a groundbreaking, year-long mortgage fraud enforcement effort."
The real numbers, it turns out, were far smaller. The feds now admit that the number of criminal defendants charged was more like 107, not 530. The number of victims was 17,185 -- still a large number, but roughtly one fourth the size of the original headcount. And the losses totaled $95 million -- not $1 billion, as originally claimed.
(Excerpt) Read more at americanthinker.com ...
How very Soviet of them.
Scandal and wrong-doing will not be extensively reported or not at all!
Edward Snowden gets to stay in Russia for year ,so will Putin hand him back just in time for Obama to use him in the 2014 elections
EXACTLY!Using”Political Office”to promote a candidacy is against FEDERAL LAW!!!!!!!!!!!!!!!!!!!!!!!!!!!
With very slight modifications, the House could paraphrase Jefferson in voting to impeach Obama.
Properly timed, the trial in the Senate could be delayed until after the 2014 mid-term elections. Always remember that the key to elections is what people are induced to focus on. The abuse of power, described in this thread is an example of that universal concept.
William Flax
barry soetoro is governing the US like kwame kilpatrick ran detroit.
Nut-job Conspiracy Theory Ping!
To get onto The Nut-job Conspiracy Theory Ping List you must threaten to report me to the Mods if I don’t add you to the list...
Using”Political Office”to promote a candidacy is against FEDERAL LAW!
That was back in the days of the rule of law.
Holder has lied so often, why should anyone believe anything coming from his mouth
Obama’s HAMP Program a Stunning Success
Obama had lofty goals of helping 4 million Americans keep their homes with his Home Affordable Mortgage Program (HAMP).
Here are some quick facts:
HAMP modified 1.2 million mortgages (70% less than the target)
306,000 re-defaults
Another 88,000 at risk
The re-default rate is an alarming 30%
The re-default rate of those in since 2009 is 46%
http://www.freerepublic.com/focus/f-news/3047154/posts
Baghdad Bob is more believable than this admin.
It is easy to meet goals when you redefine success to mean whatever it is you may or may not have accomplished.
From now on FBI agents should be known as s”special agent Bad Penny “ aka DIRTY COPPERS!!!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.