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FITTON: Secret mortgage politics ( Obama, Fannie, Freddie...)
The Washington Times ^ | March 16, 2010 | Tom Fitton

Posted on 03/18/2010 8:52:43 AM PDT by george76

Obama administration fights to hide documents from the public.

There is a scandal behind the collapse of Fannie Mae and Freddie Mac and their role in helping trigger the ongoing financial crisis. A key component of understanding exactly what went on is the role political corruption played in the failure of adequate congressional oversight and the catastrophic collapse of these "government-sponsored entities" in 2008. That's why Judicial Watch filed a Freedom of Information Act (FOIA) lawsuit against the Obama administration to get hold of documents related to Fannie's and Freddie's campaign contributions over the past several election cycles.

We figure that because American taxpayers are on the hook for trillions of dollars, potentially including at least $400 billion alone for Fannie and Freddie, the American people deserve to know how and why this financial collapse occurred and who in Washington is responsible.

Unfortunately, the Obama administration disagrees.

The truth is that few in the Obama administration and Congress want the American people to know all the sordid details regarding Fannie and Freddie. Politicians of every stripe were on the take from Fannie and Freddie. And now we're all paying for it, literally.

Judicial Watch's effort to open up Fannie and Freddie to public scrutiny as the law requires is not just about political corruption - it also is about accountability.

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


TOPICS: Crime/Corruption; Editorial; Government; Politics/Elections
KEYWORDS: fannie; fanniemae; financialcrisis; freddie; freddiemac

1 posted on 03/18/2010 8:52:43 AM PDT by george76
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To: george76

This is a secret?


2 posted on 03/18/2010 8:57:38 AM PDT by jessduntno (A third party has risen; we have the Republicans, the Tea Party and the Deemocrats.)
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To: jessduntno

Can’t imagine why Sen. Dodd isn’t in leg-irons yet.


3 posted on 03/18/2010 9:02:01 AM PDT by Tallguy ("The sh- t's chess, it ain't checkers!" -- Alonzo (Denzel Washington) in "Training Day")
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To: george76

the one thing i did not want to answere on the census was if my home was paid for or if i owed for it...I am afraid they will use the info to take it.


4 posted on 03/18/2010 9:03:57 AM PDT by dalebert
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To: Tallguy

Obama
Holder
Reid


5 posted on 03/18/2010 9:23:07 AM PDT by stephenjohnbanker (Support our troops, and vote out the RINOS)
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To: dalebert

Nothing is beneath them.


6 posted on 03/18/2010 9:23:42 AM PDT by stephenjohnbanker (Support our troops, and vote out the RINOS)
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To: Tallguy

Because he has friends (fellow beneficiaries) in the oval office and the justice department.


7 posted on 03/18/2010 9:32:15 AM PDT by dr_who
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To: george76

At Bernanke’s appearance before Congress, a Code Pinker was holding up a sign demanding the banks be broken up. I thought the sign holder looked familiar. Yup, the sign holder did indeed look familiar. I remember that sign holder from the dark and dirty days of my misspent youth when I was a SWPer. Some of us grow as we get older....so do not.


8 posted on 03/18/2010 5:27:19 PM PDT by Thumper1960 (A modern so-called "Conservative" is a shadow of a wisp of a vertebrate human being.)
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