Showing posts with label Freddie Mac. Show all posts
Showing posts with label Freddie Mac. Show all posts

30 September 2008

Smoking Gun - Freddie Mac Spared by Democrats


Here it is, the smoking gun we've been looking for. The proof that everyone needs to see the real cause of the Housing Crisis. How Democrats let bad loans spread like a cancer throughout the financial system bringing it to utter ruin. I've already written about how this all started, back in the Clinton Era, but here's just to show you that it wasn't something where no one kn
ew what was going on, and people were clueless. There were willing and able accomplices to keep the scam on America going. Where's the coverage. Where's the spotlights. Where's CNN, ABC, CBS, NBC, MSNBC and their Coverage?
I've seen some of the reviews on this video on YouTube and I
was pretty shocked, there are some saying that Obama knew nothing of this and was clueless. First of all, the video shows his own economic adviser defending Freddie Mac and Fannie Mae. Second, who do you think was first put in charge of finding his VP? Third, Obama was the largest recipient of Political Contributions from these Organizations.

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The Proof is clear. Democrats defended these guys so they could rake in their bonuses, then turn around and kick some cold hard cash back to them. Will anything be done about this? With Democrats in charge of congress I doubt it.
McCain knew about this 3 years ago, he led efforts to try to stop it, but with Democrats in charge of Congress, it was practically impossible. Fox News is the only network doing stories on this. Where is everyone else?

21 September 2008

Barrack Obama - The Media Love Fest Continues

I was poking around the Internet when I stumbled across this video by 60 Min. and my jaw nearly dropped to the ground. In an interview with Barrack Obama, 60 min. highlighted the fact that Joe Biden hammered on his lack of experience, Hillary Clinton hammered on his lack of experience and now John McCain is hammering on his lack of experience. 60 min. then went on to say "does the fact that he chose someone as his vice president someone who has less experience than you take that weapon out of his arsenal?"
I couldn't believe what I was hearing!! I had to rewind that several times to make sure I heard it correctly! The interviewer is talking to a man who has done absolutely nothing with his life. Well, other than spend about a Million a day of your money on Pork and his trying to get money for his wife's Hospital (where she received a hefty raise thank you very much). He hasn't run any companies, hasn't run a town a city a state, absolutely zero executive experience and the man is actually suggesting that a sitting governor somehow has less experience than he has!?!

Not only is Sarah Palin a sitting Governor, but in the short time she's been running Alaska, (a state with a population fairly equal to Joe Biden's State) she's cut wasteful spending in Alaska even though the state's awash in Petro Dollars. The type of fiscal conservative needed in Washington. In addition, Palin has eliminated fraud, busted up scams and hasn't been afraid to take anyone on, including members of her own party. What has Obama done? Nothing, absolutely nothing, other than his ethics bill of course. However, let's examine Mr. Obama on Ethics. Did his ethics bill stop him from taking massive amounts of Cash from Freddie Mac and Fannie Mae? Is that why he didn't want to go along with John McCain when McCain called for their reform 2 years ago? Apparently Obama talks about ethics reform, while McCain actually tries to make it happen. McCain's bill was defeated, but apparently he was right.

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