WHERE ARE THEY NOW?

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.

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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...

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:

• 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.

HARRY REID TALKS ABOUT UNICORNS

Harry Reid is growing more senile before our very eyes. On the Senate floor yesterday, this is what he had to say about millionaires and job creation:

“Millionaire job creators are like unicorns. They are impossible to find and don’t exist.”

Here, Harry … this is for you.

Using 2007 data, there were 392,000 Americans who filed tax returns with an adjusted gross income above $1 million. Of those Americans, 273,000 were defined as “small business owners.” This means that close to 70% of millionaires meet the broad definition of small business people. And consider the fact that small businesses employ half of American workers and account for 65% of net new jobs created.

And these are just the small business owners. This isn’t counting the millionaires at the tippy top who run corporations, which employ thousands of Americans themselves. This also doesn’t consider the fact that these millionaires often times act as angel investors for entrepreneurs looking to start businesses. Without this money, many innovators would see their dreams die in a Democrat wasteland of equality and fairness.

PREDICTIONS FOR 2012

1. Israel will attack Iran
2. More Middle East countries will come under radical Islamic control. (Caliphate)
3. Several European countries will experience a financial default
4. There will be widespread racial and class strife / riots in America (The Occupy Movement and class warfare stoking during the Presidential campaign)
5. The U.S. Economy will slip back into a recession and move rapidly to a depression state
6. America, through Obama, will not provide strong support to Israel in it’s decision to attack Iran
7. Newt Gingrich will win the Republican Presidential nomination due to Middle Eastern turmoil
8. Christians worldwide will come under widespread attack
9. There will be several successful terrorist attacks in America
10. There will be limited restrictions on American civil liberties in the wake of civil unrest and terrorist attacks
11. U.S. unemployment will rise to 10.0%
12. Inflation will rise to roughly 10%
13. There will be several attempted political assignations in America
14. President Obama will remain President through 2013 via the suspension of the November 2012 elections

TAX CUTS FOR THE WEALTHY

One of the most exasperating qualities of a libtard is their penchant for obfuscating speech. Anyone who is not aware of what the Bush tax cuts actually were would assume, after years and years of the left’s inaccurate mantra, that the Bush tax cuts were for the wealthy ONLY.
If Bush stood at the edge of a cliff and pushed back a bus in peril, a bus that had every economic class in it, the progfart headline the next day would be “Bush Saves His Rich Cronies From Dying.”
Obama repeats this lie in his hysteric speech in Kansas.
“I mean, understand, it’s not as if we haven’t tried this theory. Remember in those years, in 2001 and 2003, Congress passed two of the most expensive tax cuts for the wealthy in history. And what did they get us? The slowest job growth in half a century. Massive deficits that have made it much harder to pay for the investments that built this country and provided the basic security that helped millions of Americans reach and stay in the middle class: things like education and infrastructure, science and technology, Medicare and Social Security.”
Wrong.
From Wapo -
The bulk of the 2001 tax cuts were marginal rate cuts, which extended to all taxpayers, while the 2003 tax cuts included a reduction in taxes on dividends and capital gains.
But the 2001 tax cuts also included tax changes that benefited the middle class, such as a reduced marriage penalty and expanded tax credits, along with an instant tax rebate. Still, it is correct that most of the benefits of the tax cuts flowed to the wealthy (who, let’s not forget, pay the largest share of income taxes).
Obama has said repeatedly he wants to keep the Bush tax cuts for people making less than $250,000; he wants to reinstate higher tax rates only for the wealthy. (In fact, he would retain about 70 percent of the overall tax cut.) But he should not suggest that the Bush tax cuts were aimed only at the wealthy, since that is not correct.

In the end ... it's the idiot voters destroying the country

Let’s look at the scorecard for yesterday:

• The voters of Ohio voted to reinstate collective bargaining rights for government employee unions.
• The voters of Arizona recalled a Senator who introduced a law simply aimed at enforcing immigration laws already on the books.
• The voters in Georgia voted to increase their own taxes to reward spendthrift government education bureaucrats with billions of dollars more to spend.

Consider the Ohio voters. Ohio has a failing economy with one of the nation’s highest state income tax rates and forced unionization – Ohio private sector workers can be forced to join a union in order to work. By a narrow margin they elected a governor, John Kasich, who promised to bring government employee unions under control. Kasich ushered a law through the Ohio legislature that restricted collective bargaining rights for government employee unions.
OK … let’s stop here for a moment and consider government unions engaging in collective bargaining. Would you like to know two prominent people in American history who steadfastly opposed government union collective bargaining? That would be Franklin D. Roosevelt and labor giant George Meany, the former president of the AFL-CIO. That’s not to say these men didn’t support the growth of unions! Come on! FDR and George Meany? Of course they were pro-union. But they recognized that while private sector unions were bargaining for a share of the profits they produced through their work, government sector unions didn’t generate profits. They were merely negotiating for taxpayer money … negotiating with politicians they put in office with their campaign contributions and volunteer efforts on election day.
So now the uninformed and often flat-out ignorant voters of Ohio have handed these collective bargaining rights back to the government sector unions. They will not resume negotiations with the very officials they put into office for the money in the pockets of the people who gave them that power. The only way Ohio government entities will have to handle the rising costs will be to raise taxes, cut services or fire workers.
Yes --- I understand. The question on the ballot for Ohio voters was poorly worded. Worded, in fact, to favor the union organizers who got that question put on the ballot through a petition process. That doesn’t excuse the voters. This is their money, their economy, their future and the future of their children. They owed it to themselves and their children to become informed the issues. They didn’t. Ohio will suffer. They will suffer. Their children will suffer if they don’t get the hell out of Ohio and move to Wisconsin or some other state with right-to-work laws where government sector unions don’t have collective bargaining rights.Now .. the Georgia Voters.    … BUT once again, as pretty much everybody knew they wood, these voters cast votes to raise their own taxes. But they had to do it, right? It was for the chilllllllllllldren. Spending on government education has increased by almost 400% since I Ggraduated. Per-pupil expenditures have increased from about $5,600 per pupil to almost $13,000. The administrator to teacher ratio used to be over two-to-one. Now it’s almost one-to-one. But school administrators and politicians knew they didn’t have to streamline their operations to reduce costs. They knew they didn’t have to get rid of the administrative bloat. They knew they didn’t need to stop building education palaces instead of schools. All they had to do was go to the voters and ask them to raise their own taxes …. For the chillllllldren. They did, and it worked.
Democracy is ugly. Majority rule can be a disaster. There is a reason our founding fathers thought it to be a good idea to limit who had the privilege (not the right) of going to the polls and selecting our leaders. There was a reason our founding fathers did not include a right to vote in a federal election – including voting for our president – in the constitution. They didn’t trust mobs. They didn’t want to see the “mindless whims of the masses” translated into law. They were right … but to no avail. Now the masses are taking their ignorance to the polls. We live in a country where over half of the people get some kind of a check from the government every month without working for it … and they vote. Now you tell me how we’re supposed to survive that.