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Freddie Mac & Fannie Mae profits 'illusions' - McCain, May 25, 2006 |
2008-09-17 |
Federal Housing Enterprise Regulatory Reform Act of 2005 John McCain joined Charles Hagel, Elizabeth Dole and John Sununu as a co-sponsor of this bill. It was killed by the Donks along with some help by some good-old-boy Trunks. In the meantime, the Obamesiah was second to only Christopher Dodd in the amount of campaign contributions received from Fannie Mae and Freddie Mac. It will be interesting to see how Mac puts this up Obama's gluteus maximus in the upcoming debate. I can't wait. Get out the popcorn machine. John McCain from the Congressional Record, May 25 2006 Mr. President, this week Fannie Mae's regulator reported that the company's quarterly reports of profit growth over the past few years were "illusions deliberately and systematically created" by the company's senior management, which resulted in a $10.6 billion accounting scandal.Quick Info S. 190 [109th]: Federal Housing Enterprise Regulatory Reform Act of 2005 Last Action: Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably. Status: Dead |
Posted by:GolfBravoUSMC |
#11 I expect to get boilerplate and platitudes back from them; I would be extremely surprised if you got ANYTHING AT ALL back, they want to ignore it as hard as they can, and answering questions is NOT ignoring. Their plan is to not answer (Do NOT Provide Any info or confirmation to your fears) and shortly they'll have another Flashy/shiny thing to distract you with. OOOH look, fireworks, Vote O'Bambi into ofice, help make history. What did you say? Mor what? Cri what? Can't hear you over all the cheering. |
Posted by: Redneck Jim 2008-09-17 20:18 |
#10 In #7 above you will notice the Donk's leadership is on the top 12 Fannie Mae and Freddie Mac campaign fund recipients list. If you expand the list to the top 20, you can add Nancy Pelosi at #18. |
Posted by: GolfBravoUSMC 2008-09-17 18:06 |
#9 Well, I have just written my love letter to our worthy Senators Kohl and Feingold, telling them just what the housing crunch has done to my neighborhood (I can see three houses facing foreclosure from my front and back doors). I have reminded them of the political malfeasance behind Fannie and Freddie and challenged them to call for a special prosecutor to examine this mess. I expect to get boilerplate and platitudes back from them; but you never know. |
Posted by: mom 2008-09-17 16:46 |
#8 The way to get this out where the MSM has to cover it is if Sarah starts talking about it. For a time, at least, she can set the agenda any way she wishes. Fighting corruption is her claim to fame.She has plenty of entry points on this. I hope she goes for it. |
Posted by: Richard of Oregon 2008-09-17 12:32 |
#7 Top 12 recipients of Fannie Mae and Freddie Mac campaign funds: Dodd, Christopher $165,400 (Chair Banking Comm.) Obama, Barack $126,349 Kerry, John $111,000 Bennett, Robert $107,999 Bachus, Spencer $103,300 Blunt, Roy $96,950 Kanjorski, Paul $96,000 Bond, Christopher $95,400 Shelby, Richard $80,000 Reed, Jack $78,250 Reid, Harry $77,000 Clinton, Hillary $76,050 |
Posted by: GolfBravoUSMC 2008-09-17 12:03 |
#6 The story, presented THIS way, will never appear in the MSM. The topic is not likely to come up in the debates in a way that would allow McCain to point out O'Bambi's failings. |
Posted by: Glenmore 2008-09-17 10:10 |
#5 I would go on the offensive on this. Taxpayers already know they will take it up the a$$ on this bailout and are getting pissed. Showing McCain tried to prevent it, and Bambi was one of Fannie's biggest receivers of money will cut a couple more points off Bambi's tanking numbers. |
Posted by: DarthVader 2008-09-17 09:56 |
#4 Franklin Raines is one of 0bama's finance advisors. |
Posted by: Grenter, Protector of the Geats 2008-09-17 09:36 |
#3 Mike N.--I disagree. The margin was slim in the Senate in 2006. Take an indepth look at the actual members who killed the bill and I believe you will find that the majority of naysayers were the Donks and therefore the good intentioned Trunks could not succeed. |
Posted by: Slolulet Turkeyneck1341 2008-09-17 09:08 |
#2 Gonna be hard for McCain to stuff this one up the donks ass. By reading the article, it looks like it was submitted in '05 (when trunks had the majority) and never got out of committee. |
Posted by: Mike N. 2008-09-17 03:19 |
#1 #2 in slush from Fan 'n' Fred, 1989-2008: the junior Senator from Illinois, with $126k-- even though he'd been in office only 2 years... Wonder how much Jim Jordan gave Barack? Will Jordan disgorge his ill-gotten gains? |
Posted by: tep 2008-09-17 02:05 |