You don't say...
Posted on 01/23/2015 7:57:27 PM PST by roses of sharon
Subprime Scandal: We've long suspected the Financial Crisis Inquiry Commission wasn't honest in examining events before the meltdown. But an ex-commissioner says the probe was actually a full-blown political cover-up.
In a just-released book, former FCIC member Peter Wallison says that a Democratic Congress worked with the commission's Democratic chairman to whitewash the government's central role in the mortgage debacle. The conspiracy helped protect some of the Democrats' biggest stars from scrutiny and accountability while helping justify the biggest government takeover of the financial sector since the New Deal.
Wallison's sobering, trenchantly written "Hidden in Plain Sight: What Really Caused the World's Worst Financial Crisis and Why It Could Happen Again" reveals that the Democrat-led panel buried key data proving that the U.S. Department of Housing and Urban Development and other federal agencies pushed the housing market over the subprime cliff. The final FCIC report put the blame squarely on Wall Street.
In 2009, then-House Speaker Nancy Pelosi appointed her California pal Phil Angelides, a long-time Democrat operative, to lead the commission. The fix seemed to be in, and Wallison's account of the inner workings of the 10-member body confirms it. Here's what took place during the FCIC's 18-month, $10 million probe:
(Excerpt) Read more at news.investors.com ...
Bookmark.
Is reading this going to make my head explode?
Pelosi also covered up his ineligility (by doctoring the certification form she signed). And she also covered up the Obamacare bill so none of us - or our elected congresscritter “representatives” could find out all the damage it would do to us before she forced our “representatives” to vote (blindly) for it. Pelosi’so damned good at covering krap up -
You don't say...
Ban all whistleblowers!
Indeed
Not quite—until you think of the complicit GOP that silently let it all happen.
And they try to tell us our gubmint representatives are not corrupt.
Until these people start getting fitted for orange jumpsuits, nuffin’s gonna change.
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