The Obfuscated Facts

Posted by admin on December 4, 2008 under Our Financial Crisis | Be the First to Comment

Rep. Lacy Clay (D-Missouri)

Posted by admin on November 7, 2008 under The Mortgage Crisis Liar Hall of Shame | Be the First to Comment

The Dishonorable Lacy Clay

The Dishonorable Lacy Clay

OMMISSION: Hasn’t come forward publicly to admit responsibility.

“This hearing is about the political lynching of Franklin Raines.”

I will not even comment on this man’s comment.

Rep. Maxine Waters (D-California):

Posted by admin on under The Mortgage Crisis Liar Hall of Shame | Be the First to Comment

Maxine Waters

The Dishonorable Maxine Waters

OMMISSION: Hasn’t come forward publicly to admit responsibility.

“Through nearly a dozen hearings where, frankly, we were trying to fix something that wasn’t broke.”

Mr. Chairman, we do not have a crisis at Freddie Mac, and particularly at Fannie Mae, under the outstanding leadership of Mr. Frank Raines.

Waters was drinking something other than water.

Rep. Gregory Meeks (D-New York)

Posted by admin on under The Mortgage Crisis Liar Hall of Shame | Be the First to Comment

Gregory "Heart Surgery" Meeks

The Dishonorable Gregory Meeks

OMMISSION: Hasn’t come forward publicly to admit responsibility.

“Uh, and so, uh, I wish I could sit here and say that I’m not upset with you, but I am very upset because, you know, what you do is give, you know, maybe giving any reason to, as Mr. Gonzales said, to give someone a heart surgery when they really don’t need it.”

 I think he needs Brain Surgery.

Rep. Barney Frank (D-Massachusetts)

Posted by admin on under The Mortgage Crisis Liar Hall of Shame | Be the First to Comment

Barney Frank - lover of all things Fannie Mae

Barney Frank - lover of all things Fannie Mae

Media Mum on Barney Frank’s Fannie Mae Love Connection

Democratic House Financial Services Committee Chair promoted GSEs while former ‘spouse’ was Fannie Mae executive.

By Jeff Poor
Business & Media Institute
9/24/2008 4:00:57 PM
Are journalists playing favorites with some of the key political figures involved with regulatory oversight of U.S. financial markets?

MSNBC’s Chris Matthews launched several vitriolic attacks on the Republican Party on his Sept. 17, 2008, show, suggesting blame for Wall Street problems should be focused in a partisan way. However, he and other media have failed to thoroughly examine the Democratic side of the blame game.

Read: Media Mum on Barney Frank’s Fannie Mae Love Connection

What Really Happened

Posted by admin on November 6, 2008 under Our Financial Crisis | Be the First to Comment

While many Republicans stood up and pointed out the impending crisis, a whole bunch of Democrats stood up for and defended Fannie Mae’s and Freddie Mac’s practices and of  bullying institutions into making risky loans to unqualified individuals.  As President it is not a stretch to imagine Obama standing in front of Senate and House espousing how government MUST FORCE LENDING to anyone and everyone regardless of their ability to repay.

 

If Obama would have had his way – and enough power – we would have seen this crisis years and years ago.

 

Other Articles:

http://www.americanthinker.com/2008/10/what_really_happened_in_the_mo.html