Showing posts with label Fraud. Show all posts
Showing posts with label Fraud. Show all posts

Sunday, October 05, 2008

Size Does Matter

Perhaps, just perhaps the lugnuts holding the wheels on the Obama racing team are starting to loosen up. If Alec Baldwin gets part of the picture, then even more moonbats cannot be far behind. Alec sounds off:

[...]the thing we have to remember, a friend of mine who is very close to the financial community in New York pointed out that Democrats have a lot of the responsibility for this as well. I mean, it was Clinton who killed the Glass-Steagall, and it happened under a Democratic president. Barney Frank and his committee, they, they kept propping up Fannie Mae and Freddie Mac saying everything's fine, everything's fine, everything's good. And it was his job to know everything wasn't fine. And Barney Frank let you down and let us down as well. And so, but I want to say there's blame to go both ways. But I will say, I want to, I maybe keep beating this to death, but I still think anyone in this Congress who voted to add $140 billion to that bill, they should be ashamed of themselves. That is a disgrace. It's a disgrace. This Congress is a disgrace, Democrat and Republican.

View the video here.

Mr. Baldwin must have taken a peek at his third quarter investment balance sheet.

I believe this; as long as liberals don't feel the pain, they go along with the program. But now their buddies in the government have screwed the financial pooch big time and it is hurting everyone - particularly the well papered and pampered Hollywood elite.

They tolerate the queers and queens as long as they profit from them. But let those profits evaporate, as over a trillion dollars of market equity went *poof* last week, then see what happens.

Look to see how many more actors, film directors and other libs grab a lugwrench and start yanking the wheels off the Obama chariot as their investments tank and the Democrats' role in this outrage unfolds.

Hell hath no fury like a liberal who loses his bank roll. Alec's fragile self esteem is closely aligned with his success which is measured by his paycheck. Size does matter after all.

Saturday, October 04, 2008

Moses Parts The Red Ink

And that's not the only thing that was parted. The taxpayers' purse was raped and our patience - already razor thin with the incompetence and excesses of Washington - is ready to snap. I know I have had it with these clowns and thieves.

It sure is a funny thing; after the voting is all done and after the bailout legislation signed that Barney Frank's homosexual relationship with Herb Moses, a high level Fannie Mae executive, is finally getting some fresh media attention. This thirteen year relationship between the two sub prime actors occured during the same period when some of the most destructive legislation and administrative mortgage policies were being devised to loot the public coffers.

Of course it is Fox News that reports it; this probably will never surface in the other news media.

WASHINGTON — Unqualified home buyers were not the only ones who benefitted from Massachusetts Rep. Barney Frank’s efforts to deregulate Fannie Mae throughout the 1990s.

So did Frank’s partner, a Fannie Mae executive at the forefront of the agency’s push to relax lending restrictions. Now that Fannie Mae is at the epicenter of a financial meltdown that threatens the U.S. economy, some are raising new questions about Frank's relationship with Herb Moses, who was Fannie’s assistant director for product initiatives. Moses worked at the government-sponsored enterprise from 1991 to 1998, while Frank was on the House Banking Committee, which had jurisdiction over Fannie.

Both Frank and Moses assured the Wall Street Journal in 1992 that they took pains to avoid any conflicts of interest. Critics, however, remain skeptical.

"It’s absolutely a conflict," said Dan Gainor, vice president of the Business & Media Institute. "He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive. How is that not germane?

"If this had been his ex-wife and he was Republican, I would bet every penny I have - or at least what’s not in the stock market - that this would be considered germane," added Gainor, a T. Boone Pickens Fellow. "But everybody wants to avoid it because he’s gay. It’s the quintessential double standard."

If this isn't a conflict of interest - a mortgage representative trying to eliminate a safety net by reducing fiscal restraints on government backed mortgages while getting cornholed by the Chairman of the House Financial Services Committee - then I'm a ..... a ..... a Democrat!

I already stated that if a Republican had had a long term, intimate relationship with a sexy, blonde female Fannie Mae executive during this crisis that the media would have been all over it.

A top GOP House aide agreed.

"C’mon, he writes housing and banking laws and his boyfriend is a top exec at a firm that stands to gain from those laws?" the aide told FOX News. "No media ever takes note? Imagine what would happen if Frank’s political affiliation was R instead of D? Imagine what the media would say if [GOP former] Chairman [Mike] Oxley’s wife or [GOP presidential nominee John] McCain’s wife was a top exec at Fannie for a decade while they wrote the nation’s housing and banking laws."

Frank’s office did not immediately respond to requests for comment.

Barney Frank is the Committe Chairman of the House Financial Services Committee. IMHO the entire committee is in some degree responsible for this awful mess:
Democratic Members Suspects
Rep. Paul E. Kanjorski, PA
Rep. Maxine Waters, CA
Rep. Carolyn B. Maloney, NY
Rep. Luis V. Gutierrez, IL
Rep. Nydia M. Velázquez, NY
Rep. Melvin L. Watt, NC
Rep. Gary L. Ackerman, NY
Rep. Brad Sherman, CA
Rep. Gregory W. Meeks, NY
Rep. Dennis Moore, KS
Rep. Michael E. Capuano, MA
Rep. Rubén Hinojosa, TX
Rep. William Lacy Clay, MO
Rep. Carolyn McCarthy, NY
Rep. Joe Baca, CA
Rep. Stephen F. Lynch, MA
Rep. Brad Miller, NC
Rep. David Scott, GA
Rep. Al Green, TX
Rep. Emanuel Cleaver, MO
Rep. Melissa L. Bean, IL
Rep. Gwen Moore, WI
Rep. Lincoln Davis, TN
Rep. Paul W. Hodes, NH
Rep. Keith Ellison, MN
Rep. Ron Klein, FL
Rep. Tim Mahoney, FL
Rep. Charles Wilson, OH
Rep. Ed Perlmutter, CO
Rep. Christopher S. Murphy, CT
Rep. Joe Donnelly, IN
Rep. Bill Foster, IL
Rep. Andre Carson, IN
Rep. Jackie Speier, CA
Rep. Don Cazayoux, LA
Rep. Travis Childers, MS

Republican Members Suspects
Rep. Spencer Bachus, AL
Rep. Deborah Pryce, OH
Rep. Michael N. Castle, DE
Rep. Peter King, NY
Rep. Edward R. Royce, CA
Rep. Frank D. Lucas, OK
Rep. Ron Paul, TX
Rep. Steven C. LaTourette, OH
Rep. Donald A. Manzullo, IL
Rep. Walter B. Jones , NC
Rep. Judy Biggert, IL
Rep. Christopher Shays, CT
Rep. Gary G. Miller, CA
Rep. Shelley Moore Capito, WV
Rep. Tom Feeney, FL
Rep. Jeb Hensarling, TX
Rep. Scott Garrett, NJ
Rep. Ginny Brown-Waite, FL
Rep. J. Gresham Barrett, SC
Rep. Jim Gerlach, PA
Rep. Stevan Pearce, NM
Rep. Randy Neugebauer, TX
Rep. Tom Price, GA
Rep. Geoff Davis, KY
Rep. Patrick T. McHenry, NC
Rep. John Campbell, CA
Rep. Adam Putnam, FL
Rep. Michele Bachmann, MN
Rep. Peter J. Roskam, IL
Rep. Kenny Marchant, TX
Rep. Thaddeus McCotter, MI
Rep. Kevin McCarthy, CA
Rep. Dean Heller, NV

The Washington National Mall should be festooned with their mangled corpses.