Fanniegate: Gamechanger For The GOP?

http://blogs.the-american-interest.com/wrm/2011/06/07/fanniegate-gamechanger-for-the-gop/ ^ | June 7, 2011 | Walter Russell Mead

[driftless2]

The Dems, with the usual complicity of the media, have convinced the public that it was the nasty bankers and fatcats on Wall Street with collusion from Republicans that caused the meltdown. The Pubbie nominee for prez will have the counter that perception the public has with the facts. It doesn’t have to be long and involved, but they will have to effectively counter it.

[Squantos]

Ann Barnhart ? Put this book in her hands..

[bert]

You are correct and since the only to disseminate the information is via a corrupt Main Stream Media, it will not happen.

The Queeah will not be blamed.

[airborne]

The question is (and has always been) will the Republicans use the overwhelming evidence to take down the Democrats.

My guess is “NO!” because they are accessories to the crimes being committed against the American taxpayer.

[Scotswife]

bttt

[Clintonfatigued]

This book is complex, but so damaging to the DemocRATS, it could be a campaign document. I hope all of the GOP candidates have bought copies of it.

[ExTexasRedhead]

Anyone know why the GOP House hasn’t initiated investigations to indict the players in this book? The silence on this issue as well lack of investigation into Hussein’s entire life is deafening.

Anyone asking their Senators and Congressmen why the lack of investigations into these two issues? Smells?

[randita]

The Wall Street ties run deep into each major party. It’s incestuous. If the GOP initiated investigations into this, more than a few of their own would go down.

[freekitty]

As I have said in the past; I am tired of being stolen from by crooks, liars and thieves.

[unkus]

The Wall Street ties run deep into each major party. It’s incestuous. If the GOP initiated investigations into this, more than a few of their own would go down.

---

Exactly!

[Cincinatus' Wife]

Bump!

[arrogantsob]

The public will always blame the rich. Class warfare wins almost every time and has since 1800. It simply taps into envy and resentment too well.

[volunbeer]

Amen to the bump! I was just griping about lack of interest earlier today and it warmed my heart to read this.

Remember folks....... the statute of limitations is 5 years to charge fraud. A simple charge given the massive bonuses given out at Freddie/Fannie based on cooked books. It is likely one of them will start talking if they are indicted.

The next President better ask for a full accounting from the SEC and FBI.

We must demand a full accounting. The Tea Party should demand a full accounting. FReepers must demand a full accounting. Don’t let the media and congress ignore this past the statute of limitations!!!

[LomanBill]

>>>If the GOP initiated investigations into this, more
>>>than a few of their own would go down.

>>Exactly!

Yep.  Exactly.

 

"Oops, Wall Street got Drunk"

 

Really, just WallStreet?

Follow the....

http://www.campaignmoney.com/finance.asp?type=in&cycle=08&criteria=pritzker&fname=penny

 

Billionaire business mogul Penny Pritzker is a member of one of America’s richest families and was the Finance Chair for the presidential campaign of Barack Obama.  It was Pritzker that led the prolific, and illegal, fundraising that helped power Barack Obama’s presidential campaign.  She was the chair of Chicago-based Superior Bank’s board for five years.  Pritzker was into subprime lending before it became all the rage starting in around 2000.  Prtizker's chairmanship was to concentrate on sub prime lending, principally on home mortgages, but for a while in subprime auto lending, too, after the Pritzkers' bank acquired its wholesale mortgage organization division, Alliance Funding, in December 1992. Back then they called it "predatory lending." Superior Bank went belly up in 2001 with over $1 billion in insured and uninsured deposits; 1,406 depositors lost much of their life savings.  This collapse came amid harsh criticism of how Superior’s owners promoted sub-prime home mortgages. On Nov. 1 [2002] the Federal Deposit Insurance Corp. pointed the finger at Ernst & Young, Superior’s auditor, in a fraud suit filed in federal court here.  But that action came two months after a group of Superior depositors accused the bank’s owners and directors, including two members of the Pritzker family, of racketeering....

[snip]

...Pritzker is chairman of Classic Residence by Hyatt, luxury senior living communities in 11 states; chairman of The Parking Spot, which owns and operates off-airport parking facilities in nine cities; chairman of the credit data company TransUnion and chairman of Pritzker Realty.  She also sits on the board of Global Hyatt and plays a role in numerous non-profit groups, including serving as chairman of the Olympic village portion of Chicago’s bid to win the 2016 Summer Games. 

 

http://www.theobamafile.com/_associates/PennyPritzker.htm

 

" Uhhhh, that's not ours either! "

---Weiner, Perry, Bush, Obama, Pelosi, Frank, Pritzker and Associates, LLLP.

 

 

It is incumbent upon the honorable craftsman to be aware
of whether or not his services are being used
as a means to accomplish evil ends -
and to act (or NOT) accordingly.      

Got Tea?

 

 

[LomanBill]

[The next President better ask for a full accounting from the SEC and FBI.]

AMEN!

[okie01]

I know of only one GOP candidate who might pursue the Fannie Mae and Freddie Mac debacle.

And, as yet, she hasn't chosen to run.

[randita]

There is nothing new here, but the story has yet to be told in a clear and convincing way to the public at large. Hopefully Rush, Hannity, and others will spend some time on it.

Trouble is, even though the groundwork was laid in the 90’s, much of this escalated while Bush was president and the GOP held the House and/or Senate.

To his credit, Bush did warn about this and there were some investigations into Fannie and Freddie which were labeled racist (I recall a highly circulated video clip of a highly agitated Maxine Waters bristling that anyone would dare tarnish the reputation of the Franklin Raines). Conyers was similarly incensed, if I remember correctly.

At the mention of racism, the GOP tucked its tail beneath its legs and skulked away.

If the GOP tries to make this a big issue, the counter will be why didn’t Bush do anything about it and that counter would have validity, IMO.

The issue does bear mention in the correct context and if it is suspected there has been criminal activity, the GOP shouldn’t back away from bringing that to light. Not that it would go anywhere with Holder.

[LomanBill]

...Tomorrow is the price for yesterday

A billion waves won't wash the truth away
Someday you'll be ordered to explain
No one gets to walk between the rain

And I don't want this, no I don't want this
I have had enough no more
No I don't want this no I don't want this
I have had enough no more
No more

--Bob Seger, No More.

http://www.youtube.com/watch?v=njodBPjdgbM

 

 

Our lives, Our Fortunes, and our Sacred Honor.

[volunbeer]

If enough of us make noise about it we might get the next President to investigate. Are you listening Tea Party????

[volunbeer]

I don’t care if they are Republican or Democrats. People should be in jail right now. This was the greatest swindle in the history of the world. The statute of limitations is 5 years... the clock is ticking.

I agree, Bush celebrated minority home ownership but he did warn about what was happening. History will judge what happened and let the chips fall where they will. What Johnson, Raines, Gorelick, and their congressional co-conspirators did was fraud by any definition. It needs to be investigated! Did the government sue Johnson, Raines, Gorelick, and Co. to recover the fraudulently obtained bonuses? If not, why?