Here's a quick look into the three former Fannie Mae executives who brought down Wall Street.
Franklin Raines - was a Chairman and Chief Executive Officer at Fannie
Mae.
Raines was forced to retire from his position with Fannie Mae when
auditing discovered severe irregularities in Fannie Mae's accounting
activities. Raines left with a "golden parachute valued at $240 Million
in benefits. The Government filed suit against Raines when the
depth of the accounting scandal became clear.
Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was
a strong internal proponent of using accounting strategies that would
ensure a "stable pattern of earnings" at Fannie. Investigations by federal
regulators and the company's board of directors since concluded that
management did manipulate 1998 earnings to trigger bonuses. Raines and
Howard resigned under pressure in late 2004. Howard's Golden Parachute
was estimated at $20 Million!
Jim Johnson - A former executive at Lehman Brothers and who was later
forced from his position as Fannie Mae CEO. Investigators found that
Fannie Mae had hidden a substantial amount of Johnson's 1998
compensation from the public, reporting that it was between $6 million and $7 million
when it fact it was $21 million." Johnson is currently under investigation
for taking illegal loans from Countrywide while serving as CEO of Fannie
Mae. Johnson's Golden Parachute was estimated at $28 Million.
*************************************************************************
****************
WHERE ARE THEY NOW?
FRANKLIN RAINES?
Raines works for the Obama Campaign as his Chief Economic Advisor.
TIM HOWARD?
Howard is a Chief Economic Advisor to Obama under Franklin Raines.
JIM JOHNSON?
Johnson was hired as a Senior Obama Finance Advisor and was selected to
run Obama's Vice Presidential Search Committee.
Kinda makes you sick to your stomach.
Our government seems to be rotten to the core !
Are we stupid or what? Vote in 2012..it is the most important election
of our lives...
I'm just an individual who hopes to inspire but not impose his views on others. I seek not to convince but only hope that my words are written well enough to get others to delve deeper into their own thoughts and ideas. I am sincere in all that I say but never so serious as to not listen to the ideas of others
Monday, February 27, 2012
Saturday, February 25, 2012
MUSLIMS RIOT OVER IMPROPER DISPOSAL OF CRAPPY KORANS
Thousand of Muslims in Afghanistan continue to riot after Afghan laborers found charred copies of the Koran while collecting rubbish at Bagram Airbase.
In an effort to prevent this type of situation from happening again, non-Muslims are asked to observe the following Islamic rules for proper Koran disposal:
In an effort to prevent this type of situation from happening again, non-Muslims are asked to observe the following Islamic rules for proper Koran disposal:
- Never burn the Koran on the ground - this is considered an insult to the Islamic faith. Always burn the Koran on a plate or in a receptacle.
- Always burn the Koran by itself or with the Hadith - never with other rubbish.
- When disposing of the Koran in a toilet be careful to not defecate on the sacred book as it is forbidden. Urinating on the Koran is acceptable, but only if you have not been drinking alcohol.
- When using a discarded Koran as an absorbent in a cat box, the above rules don't apply, as the sacred text has no meaning for cats, and they have little control over where they poop.
- Never cook hot dogs over a burning Koran unless they are 100% beef.
- When using discarded pages from the Koran as Kleenex, do not allow snot to touch the name Mohammad, as it is sacred.
- If using a discarded Koran for target practice, make sure the bullets have not been in contact with pork products or a Jew.
Our lying president
Yeah, I know. That’s strong language. But it’s true. We have a president who boldly and deliberately lies to the American people. Funny, isn’t it? If you lie to the government you can be charged with a crime. If your government lies to you there are no consequences --- no consequences unless the voters do something about it.
What set me off was obama’s visit to Miami yesterday. Since he was in a largely Hispanic area, it was time for a little Hispandering.
This may be a small thing for you … but when a president lies --- and when he lies knowingly and intentionally --- it should be a big thing, no matter how insignificant the lie.
Here’s what has my boxers in a bunch. Yesterday on the Spanish-language TV network Univision Obama zeroed in on the subject of immigration. He was telling the Hispanic Univision audience that the Republicans were anti-immigrant and anti-immigration.
Now it take about 10 seconds of conversation to show that this is simply not true, and Obama knows it’s not true. There are very few people in this country who are anti-immigration. Most of us are descendants of immigrants. The difference here is that most of us are descended from LEGAL immigrants. Our ancestors went through the legal process to immigrate to America. What Republicans and no small number of Democrats are opposed to ILLLEGAL immigration. We believe in the rule of law, and that everyone, including people who wish to move to our country, abide by those laws.
Our spectacularly dishonest, lying president will not make this distinction; he will not reference to ILLEGAL immigration, because his goal here is simply not to be truthful. His goal is to align Hispanic voters against Republicans by intentionally lying about GOP policies.
But ---- when you are a ruler rather than a leader; when you wish to transform America rather than restore it; lying is an acceptable process. And so it has ever been with Marxist revolutionaries.
Subscribe to:
Posts (Atom)