THE HOUSING BUST AND HOW THE BOLDFACE LIES AND DECEPTION BY BARNEY FRANK, FRANKLIN RAINES AND BO RESULTED IN TAXPAYERS GETTING SHAFTED.

Interesting footage of how the Demtards (including BO when he was in Senate) took bribes and payoffs to get us into this housing mess.  First, listen to Barney Frank explain what a great job Fanny Mae is doing and how it is not having any problems.  This is the guy who's live-in gay lover is one of the high-up mucky-mucks at FNMA, and ran a male prostitution ring out of good old Barney's house:


Next, here are excerpts from a House investigative committee on the lies and deception involving the FNMA collapse and the officials who benefitted from the cover up of FNMA's financial stability.  It also shows how Republicans called for audits and investigations into the books of FNMA, but were consistently rebuffed by the Dems.



And finally, this video shows BO's connection and support for Fanny while he was still a senator, and how he received substantial contributions for his support.

 

Are you still sitting?  Well hold onto your seats.  Franklin Raines who "earned" $90 million in salaries and bonuses in 5 years at FNMA...while cooking the books to hide the toxic loans so he could boost FNMA's earnings (thus increasing his Bonuses and selling the crap to wall street) has never been charged with any type of corruption or wrong doing for his involvement.  WHY NOT?  WHY HASN'T THIS CORRUPTICIAN BEEN CALLED TO TASK?  HEY ERIC HOLDER...DO YOUR FREAKIN' JOB!

NOW GET THIS, the day after the Democrats won control in Congress in 2006, patent no. 6904336 was approved (what an unusual coincidence. Hmmm). This patent would give Fannie Mae a lock on the cap-and-trade market. So whenever Congress gets around to passing cap-and-trade legislation, guess who is going to be its most avid support? Fannie Mae! The Examiner describes the patent owned by Fannie Mae as giving it "proprietary control over an automated trading system that pools and sells credits for hard-to-quantify residential carbon reduction efforts (such as solar panels and high-efficiency appliances) to companies and utilities that don't meet emission reduction targets." If the EPA gets their way, that could soon apply to every company in America.  And if you want to know what kind of SCAM to control our lives this will be, I strongly urge you to watch the Glenn Beck show of April 29, 2010.  He explains every detail of the political corruption going on.

NOW CAN ANYONE EXPLAIN TO ME WHAT FNMA HAS TO DO WITH CAP AND TRADE ACTIVITIES?  WHAT KIND OF FINANCIAL AND POLITICAL SHENANIGANS ARE GOING ON HERE?  AND HOW IS THE AMERICAN PUBLIC GETTING SCREWED ON THIS?

Every one of us needs to be calling or writing our Reps and Senators to press for an investigation into this before it turns into another financial fiasco that taxpayers will be called on to bail out.
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