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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RE-POST OF RUSH LIMBAUGH COMMENTARY FROM TODAY'S WSJ

Liberals and the Violence Card

Conservative protest is motivated by a love of what America stands for.

By RUSH LIMBAUGH

The latest liberal meme is to equate skepticism of the Obama administration with a tendency toward violence. That takes me back 15 years ago to the time President Bill Clinton accused "loud and angry voices" on the airwaves (i.e., radio talk-show hosts like me) of having incited Oklahoma City bomber Timothy McVeigh. What self-serving nonsense. Liberals are perfectly comfortable with antigovernment protest when they're not in power.
From the halls of the Ivy League to the halls of Congress, from the antiwar protests during the Vietnam War and the war in Iraq to the anticapitalist protests during International Monetary Fund and World Bank meetings, we're used to seeing leftist malcontents take to the streets. Sometimes they're violent, breaking shop windows with bricks and throwing rocks at police. Sometimes there are arrests. Not all leftists are violent, of course. But most are angry. It's in their DNA. They view the culture as corrupt and capitalism as unjust.

Now the liberals run the government and they're using their power to implement their radical agenda. Mr. Obama and his party believe that the election of November 2008 entitled them to make permanent, "transformational" changes to our society. In just 16 months they've added more than $2 trillion to the national debt, essentially nationalized the health-care system, the student-loan industry, and have their sights set on draconian cap-and-trade regulations on carbon emissions and amnesty for illegal aliens.

Had President Obama campaigned on this agenda, he wouldn't have garnered 30% of the popular vote.
Like the millions of citizens who've peacefully risen up and attended thousands of rallies in protest, I seek nothing more than the preservation of the social contract that undergirds our society. I do not hate the government, as the left does when it is not running it. I love this country. And because I do, I insist that the temporary inhabitants of high political office comply with the Constitution, honor our God-given unalienable rights, and respect our hard-earned private property. For this I am called seditious, among other things, by some of the very people who've condemned this society?

I reject the notion that America is in a well-deserved decline, that she and her citizens are unexceptional. I do not believe America is the problem in the world. I believe America is the solution to the world's problems. I reject a foreign policy that treats our allies like our enemies and our enemies like our allies. I condemn the president traveling the world apologizing for America's great contributions to mankind. And I condemn his soft-pedaling the dangers we face from terrorism. For this I am inciting violence?

Few presidents have sunk so low as Mr. Clinton did with his accusations about Oklahoma City. Last week—on the very day I was contributing to and raising more than $3 million to fight leukemia and lymphoma on my radio program—Mr. Clinton used the 15th anniversary of that horrific day to regurgitate his claims about talk radio.
At a speech delivered last Friday at the Center for American Progress in Washington, D.C., the former president said: [T]here were a lot of people who were in the business back then of saying that the biggest threat to our liberty and the cause of our domestic economic problem was the federal government itself. And we have to realize that there were others who fueled this both because they agreed with it and because it was in their advantage to do so. . .
We didn't have blog sites back then so the instrument of carrying this forward was basically the right-wing radio talk show hosts and they understand clearly that emotion was more powerful than reason most of the time."
Timothy McVeigh was incensed by the Clinton administration's 1993 siege on the Branch Davidian compound in Waco, Texas. It's no coincidence that the bombing took place two years to the day of the Waco siege. McVeigh was not inspired by anything I said or believe and to say otherwise is outright slander. In the aftermath of the bombing, I raised millions of dollars for the children of federal employees killed in that cowardly attack through my association with the Marine Corp Law Enforcement Foundation.

Let me just say it. The Obama/Clinton/media left are comfortable with the unrest in our society today. It allows them to blame and demonize their opponents (doctors, insurance companies, Wall Street, talk radio, Fox News) in order to portray their regime as the great healer of all our ills, thus expanding their power and control over our society.
A clear majority of the American people want no part of this. They instinctively know that the Obama way is not how things get done in this country. They are motivated by love. Not hate, not sedition. They love their country and want to save it from those who do not.

Mr. Limbaugh is a nationally syndicated radio talk-show host.
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