Well said Old Dogg, well said

 

Don't be silly

 

Uhhhhh....OK???

 

You damned liberals always come up with some nonsensical crap.

 

Here is a quick look into 3 former Fannie Mae executives who have
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. At the time of his departure The
Wall Street Journal noted, ' Raines, who long defended the
company's accounting despite mounting evidence that it wasn't

proper, issued a statement late Tuesday conceding that 'mistakes were made' and saying he would assume responsibility as he had earlier promised. News reports indicate the company was under growing pressure from regulators to shake up its management in the wake of findings that the company's books ran afoul of generally
accepted accounting principles for four years.' Fannie Mae had to
reduce its surplus by $9 billion. 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.
http://housingdoom.com/2006/12/18/fannie-charges/
The Government noted, 'The 101 charges reveal how the individuals improperly manipulated earnings to maximize their bonuses, while knowingly neglecting accounting systems and internal controls, misapplying over twenty accounting principles and misleading the regulator and the public. The Notice explains how they submitted six years of misleading and inaccurate accounting statements and inaccurate capital reports that enabled them to grow Fannie Mae in an unsafe and unsound manner.' These charges were made in 2006. The Court ordered Raines to return $50 Million Dollars he received in bonuses based on the miss-stated Fannie Mae profits.
----------------------------------------------------------------------------
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.
In everyday English - he was cooking the books. The Government Investigation determined that, 'Chief Financial Officer, Tim Howard, failed to provide adequate oversight to key control and reporting functions within Fannie Mae.' On June 16, 2006, Rep. Richard Baker, R-La., asked the Justice Department to investigate his allegations that two former Fannie Mae executives lied to Congress in October 2004 when they denied manipulating the mortgage-finance giant's income statement to achieve management pay bonuses.

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. A look at
the Office of Federal Housing Enterprise Oversight's May 2006
report on mismanagement and corruption inside Fannie Mae, and you'll see some interesting things about Johnson. 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 Chief Economic
Advisor

TIM HOWARD? Howard is also a Chief Economic Ad visor to Obama

JIM JOHNSON? Johnson hired as a Senior Obama Finance Advisor and was
selected to run Obama's Vice Presidential Search Committee



Now add this to Obama's supporters, friends, and associations like William Ayers, Tony Rezko, Acorn, Sahl Alinsky, Rashid and Mona Khalidi, with a close friend and mentor in Reverend Jeremiah Wright cast off as a reoccurring petulant political stain.



Take heed.....

The reflection of character in one's self is amplified by those surrounding alliances that reveal an individuals leadership judgment!



and liberals want this man to be president. He IS guilt by association.

 

Are you unaware of mr anti-lobbyist's campaign people and thier past?

I'm quite sure that Rick Davis is of no concern to you, maybe because he's working for McCain and every single word that comes out of your mouth is biased and based in nothing. Seriously, does anyone ever take your advice about anything. Here's a little proof of your unending crap.

Someone told you it was a video clip about Republicans warning about Fannie Mae and the sub-prime mortgage problem, and that Democrats were saying there was no crisis. In your lust to bash the other side, you didn't put in the slightest effort to look into it. It took me all of four minutes to find the real reason the session was held. It's funny, conservatives always talk about lazy people sucking off the government and our hard earned tax dollars, but your laziness does so much more harm. Then again, maybe it's not laziness, maybe you just don't care about the truth.

 

With my deepest, blackest, and sexiest Barry White voice, all I can say is

"Yeah"

 

Wow... you can justify anything. "oh yeah.. well HE did it too!!" I don't give a flying rats *** abut mccain. I don't like the guy. he is almost as liberal as you. I don't trust him as far as I can throw him. But he is 1000% better than obama. Do you understand yet? Or are you too thick?

 

I understand your distaste for conservative biases, and maybe McCain is less than forthcoming about his dealings...

But, does Obama having Franklin Raines in his campaign bother you? He was a Chairman and Chief Executive Officer at Fannie Mae when he was forced to retire from his position when auditing discovered severe irregularities in Fannie Mae's accounting activities. Also, Obama has Tim Howard working with him. He 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. And then there is Jim Johnson, a former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO.

I get "IT" that McCain is not a saint, but having these three guys working for Obama looks bad. These three were instrumental in causing the worst financial failure in our American history, and caused the "need" for the proposal of the 700 billion dollar bailout...and Obama is pushing the bill to pass, just as is McCain.

If Obama wins, is it safe to assume that these three might hold some important positions in our Government? Will they push our economic agenda? Will they have Obamas ear?

Can we at least agree this is not in the best interest of the guys in our forum?

 

Guilt and Associations http://www.factcheck.org/elections-2...ociations.html

You might want to read up a bit before you quote false stories and exaggerations.

 

I know you wish the facts matched what you want to believe but they do not.

If you repeat a lie over and over...it's still a lie.

http://www.washingtonpost.com/wp-dyn...091903604.html

"In 2008 September U.S. Presidential candidate Senator John McCain has sought to tie Raines to McCain's opponent Barack Obama, in an effort to discredit Obama on economic issues. McCain quoted the Washington Post articles stating that Raines advises Obama. Raines and Obama state that he does not. When the claim that Raines was an Obama advisor first appeared in the Post months before the McCain ad, the Obama campaign didn't seek a correction at the time.

The Washington Post characterizes John McCain's attempts to connect Sen. Obama with Franklin Raines based on their reporting as "a stretch."All reporting the Washington Post did about the matter stems from a single conversation a reporter had with Raines, in which she recalls Raines said "he had gotten a couple of calls from the Obama campaign."
___________________________________________

 

I don't care who you are, that ship is funny right there....Old Dogg neutral politically? AHAHAAAHAHAHAHAHAHAHAAHAHAHAHAAHAHAHAHAHAAHAHAHAHA HAAHAHAHAHAAH

THAT is classic!

 

So his ties to Tony Rezko are ok... since he broke them off when he was indicted?

So that is OK??? There is no mention in your article about Franklin Raines, Tim Howard, or Jim Johnson. Are you saying it is OK for obama to have them on his "team"? Or are you deflecting? How about William Ayers, Acorn, Sahl Alinsky, Rashid and Mona Khalidi? Or are you intentionally ignoring these bad judgment of character?

 

Post up right here ______________ where I supported either candidate or political party.

Then post right here ___________where I call myself anything but moderate or moderate conservative.

Use links from any of my post.

This site is republican dominated...it's no fun to pile on and actually more fun sometimes to swim upstream...go against the majority.

I support ideals not political parties. When it's wrong I say it's wrong unlike those that tow the party line no matter how wrong they may be.

Now back up what you find so funni if you can.

 

Just wanted to let you know that I approve of you using my quote in your sig. I was just being honest with BigHersh. It seems that you may harbor some resentment towards me, and that's ok. Some will see what I said as insensitive and callous, just as others will agree with my point and concur on many levels. There is no regret on my part as to what I said. I only tried to give you some insight as to how some of us white folk think. You know as well as I do, that when I posted those words for BigHersh, they were not intended to be inflammatory.

Here were my entire comments: