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

Thursday, October 23, 2008

Plumber Investigated More Than Presidential Candidate

This has REALLY bothered me ever since Joe the Plumber has asked Senator Obama his question. Joe was just an average guy, but once he inadvertently embarrassed the good Senator from Illinois, his fate was decided. Joe must be dealt with. Whether it was because the Obama campaign needed to distract the voters (so they wouldn't focus on the Senator's response) or it was merely meant as punishment, Joe's life was turned inside out for all of the world to see.

On the other hand, Senator Obama has several very troubling relationships that the voters are told we really don't need to know about. Issues like Williams Ayers, Jeremiah Wright, ACORN, Fannie Mae, Freddie Mac, etc., etc., etc. Naw, that's trivial stuff. What do you think he's doing? Running for the highest office in the country -- or in the world??? Naw, we don't need to know anything really.

Anyway. here is a piece by Pam Meister titled, "Joe the Plumber Vetted More Thoroughly Than Obama".

Saturday, October 11, 2008

Obama, ACORN & Their Starring Role in the Mortgage Crisis

In a piece from October 10th, Frank Salvato writes:
Barack Obama, congressional Democrats and Progressive-Left operatives – with the help of the mainstream media – have done a great job of spinning culpability for the mortgage crisis onto the Bush Administration, congressional Republicans and, in particular, John McCain. This is a notable moment in the history of political spin because as the facts present, Democrats and Progressive-Leftists – not Republicans –are the ones directly responsible for the current financial crisis in which our country is embroiled. At the center of this culpability are Barack Obama and ACORN, the Association of Community Organizations for Reform Now.

In order to understand how Barack Obama and ACORN are directly to blame for the mortgage meltdown, we first have to understand what ACORN is and how Barack Obama was affiliated with them...and make no mistake; Barack Obama was most definitely affiliated with ACORN.
Read the rest of what Salvato has written.

Thursday, October 9, 2008

Planting Seeds of Disaster

Stanley Kurtz writes:
I’ve already told the story of Obama’s close ties to ACORN leader Madeline Talbott, who personally led Chicago ACORN’s campaign to intimidate banks into making high-risk loans to low-credit customers. Using provisions of a 1977 law called the Community Reinvestment Act (CRA), Chicago ACORN was able to delay and halt the efforts of banks to merge or expand until they had agreed to lower their credit standards — and to fill ACORN’s coffers to finance “counseling” operations like the one touted in that Sun-Times article. This much we’ve known. Yet these local, CRA-based pressure-campaigns fit into a broader, more disturbing, and still under-appreciated national picture. Far more than we’ve recognized, ACORN’s local, CRA-enabled pressure tactics served to entangle the financial system as a whole in the subprime mess. ACORN was no side-show. On the contrary, using CRA and ties to sympathetic congressional Democrats, ACORN succeeded in drawing Fannie Mae and Freddie Mac into the very policies that led to the current disaster.
Read the rest of Kurtz's piece: Planting Seeds of Disaster: ACORN, Barack Obama, and the Democratic party.

Wednesday, October 1, 2008

Hearing on Fannie and Freddie in Congress

While surfing the web, I came across this video posted on a radio station's website and clicked through until I got the original on youtube. Wow!!!

In 2004, the Democrats in the U.S. House of Representatives were basically saying that there was NOTHING wrong with Fannie Mae or Freddie Mac. And it's the Republicans warning us that there was real trouble coming.

Anyway, here it is.




Here are the full transcripts from which these video clips were taken:
TEXT | PDF